Budget

Japan weighs $600 billion defence spending plan, sources say

The new spending is expected to fund purchases such as large numbers of drones.

South Korea to double spending on AI and chips in 2027

South Korean President Lee Jae Myung delivers a budget speech for 2027 at the National Assembly in Seoul on Nov 2.

France gets budget warning as Fitch turns negative on rating

The Fitch ratings agency on Oct 30 maintained France’s credit rating at A+ but downgraded its outlook from “stable” to “negative”.

El Salvador frees ex-President Saca after 10-year corruption sentence

FILE PHOTO: El Salvador's former President Elias Antonio Saca speaks during a hearing on a congress commission that investigates corruption in past governments in San Salvador, El Salvador July 21, 2021. REUTERS/Jose Cabezas/File Photo

Britain will reduce ‘unsustainable’ welfare costs, Finance Minister Healey says

Spending on welfare is set to cost more than 11% of the UK’s economic output in 2026.

UK quietly warns citizens to stock up on emergency supplies

The British government advises households to be self-sufficient for three days in case of an emergency.

EU leaders to discuss 2027 money for Ukraine, next EU budget on November 26-27

FILE PHOTO: Ukraine's President Volodymyr Zelenskiy, European Commission President Ursula von der Leyen and European Council President Antonio Costa speak to members of the media as they arrive at a European Union leaders summit in Brussels, Belgium October 16, 2026. REUTERS/Stephanie Lecocq/File Photo

Brazil's government says $4 billion budget reshuffle needed for Lula measures in 2027

Brazilian presidential candidate Luiz Inacio Lula da Silva speaks during a presidential debate, ahead of the runoff presidential election, in Sao Paulo, Brazil, October 18, 2026. REUTERS/Jean Carniel

German minister seeks debt-brake exemption to sustain Ukraine aid

German Minister for Economic Cooperation and Development Reem Alabali Radovan speaks at the lower house of parliament, the Bundestag, in Berlin, Germany, October 8, 2025. REUTERS/Nadja Wohlleben

EU will probably have to give new loan to Ukraine, Estonian PM Michal says

Estonian Prime Minister Kristen Michal arrives at a European Union leaders' summit in Brussels, Belgium October 15, 2026. REUTERS/Stephanie Lecocq

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

中文版 (beta)

MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.