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Malaysia expects budget talks soon

  Bloomberg Malaysia’s lawmakers are expected to discuss the budget of Prime Minister Anwar Ibrahim in one or two months, his economy minister said. Under Anwar, the Southeast Asia nation will seek to strengthen industries that will enable it to become a high-income nation over the medium term, Economy Minister Rafizi Ramli said in Kuala Lumpur. Anwar named himself finance ...

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Finland kicks off national process in Nato accession

  Bloomberg Finland took a step towards the national ratification of its entry into Nato even as Turkey and Hungary are yet to approve the step. The government in Helsinki submitted the accession proposal to the parliament in a bid to ensure it can complete the process swiftly once the remaining ratifications are received. “We have to be ready with ...

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ECB likely to raise borrowing costs by half-point: Makhlouf

Bloomberg The European Central Bank (ECB) will probably lift borrowing costs by a half-point this month, according to Governing Council member Gabriel Makhlouf, slowing the pace of its increases after inflation moderated for the first time in 1 1/2 years. A rise of 50 basis points “is about where we’ll end up,” Makhlouf told reporters in Dublin, saying that if ...

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