Bloomberg Malaysian opposition leader Anwar Ibrahim reported to police and gave a statement on issues including allegations against him and his announcement that the current government had fallen. “The investigations were carried out professionally without any political pressure or orders from any quarters,” Huzir Mohamed, police criminal investigation department director, said. Anwar was summoned just days after he had an ...

Bloomberg The US budget deficit more than tripled to a record $3.1 trillion in the latest fiscal year on the government’s massive spending aimed at softening the blow from the coronavirus pandemic. The increase brought the deficit as a share of gross domestic product to 16% in the year ending in September, the largest since 1945, a Treasury Department report ...

Bloomberg The UK, beset by growing coronavirus concerns and struggling to bridge the gap with the European Union over a post-Brexit trade deal, has had its credit rating cut by Moody’s Investors Service. The credit assessor cited softer economic growth, an erosion of fiscal strength and a weakening in institutions and governance as it lowered the nation’s grade by one ...