Bloomberg Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in Monday’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year. While not expected to be as headline-grabbing as last year — when Heng flagged a hike in the goods-and-services tax — the 2019 ...

Bloomberg India raised duties on all goods imported from Pakistan following the withdrawal of most-favored nation status to its neighbor after a terror attack last week killed dozens of Indian soldiers. The basic customs duty on all Pakistan exports to India will be increased to 200 percent immediately, Finance Minister Arun Jaitley said in a post on Twitter. Withdrawing the ...

Bloomberg The trade war between the US and China and slowing retail sales dragged Hong Kong’s economic growth down at the end of last year, with exports showing almost “zero growth.” Gross domestic product in the fourth quarter was “less than 1.5 percent,” according to a blog post on Sunday from Financial Secretary Paul Chan. The “significant slowdown” was well ...