Finance Minister

OECD chief ‘quietly optimistic’ about EU global minimum tax deal approval

The head of the Organisation for Economic Cooperation and Development (OECD) on Tuesday said he was "quietly optimistic" a landmark…

4 years ago

Explainer: What would Japan’s currency intervention to combat a weak yen look like?

Japanese policymakers escalated their warnings against sharp yen falls with the finance minister saying the currency's slump to two-decade lows…

4 years ago

Rouble falls sharply as Russia relaxes some capital controls

The Russian rouble weakened sharply in jittery trade on Monday, reversing some of the previous week's gains, after the central…

4 years ago

Analysis: Climate goals take second place as EU states cut petrol prices

A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices. The move brings respite…

4 years ago

Sanctioned Russia teeters on brink of historic default

The economic cost of Russia's assault on Ukraine was further exposed on Wednesday as the sanctions-hit country teetered on the…

4 years ago

Russia hikes rates, introduces capital controls to defend against sanctions

Russia's central bank more than doubled its key policy rate on Monday and introduced some capital controls as it scrambled…

4 years ago

Singapore to hike taxes on rich as it winds down COVID-19 spending

Singapore will begin implementing a long-flagged increase to its goods and services tax next year, its finance minister said in…

4 years ago

Singapore announces 2022 budget proposals

Following are some excerpts taken from Singapore's 2022 budget proposals announced by Finance Minister Lawrence Wong to parliament on Friday.

4 years ago

Japan finance minister vows stable JGB issuance via dialogue with markets

Japan will issue government bonds (JGBs) worth 215 trillion yen ($1.89 trillion) in the next fiscal year in a stable…

4 years ago

UK economy finally bigger than before pandemic in November

Britain's economy grew strongly in November to finally surpass its size just before the country went into its first COVID-19…

4 years ago