Topic: Tax & Budget — Neutral reports only

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[2026-02-04 21:30 UTC+10:00] [General] [Factuality: 100]
Source: ProPublica
Title: We Found New York’s Guardianship System in Shambles. Now State Lawmakers Say They Have a Plan to Help Fix It.
Snippet: New York state lawmakers have introduced legislation to boost spending on the state’s troubled guardianship system by $15 million a year — an unprecedented cash infusion for a bureaucracy that has long struggled to care for the tens of thousands of disabled or elderly New Yorkers who cannot care for themselves.
Read full article: https://www.propublica.org/article/new-york-good-guardianship-act-kathy-hochul
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[2026-02-04 19:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Opinion | China’s real estate rethink can help end developers’ debt addiction
Snippet: The future of Chinese property looks to be smaller and more rational, with a market defined by real estate’s worth rather than volume
Read full article: https://www.scmp.com/opinion/china-opinion/article/3342182/chinas-real-estate-rethink-can-help-end-developers-debt-addiction
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[2026-02-04 12:52 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong stocks gain as tax worries abate, solar sector rallies on Musk plans
Snippet: ‘Broader VAT hikes on private services are unlikely in 2026 and would run counter to reflation efforts,’ Morgan Stanley says
Read full article: https://www.scmp.com/business/china-business/article/3342300/hong-kong-stocks-slip-tax-worries-weigh-tech-mainland-stock-sentiment
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[2026-02-04 12:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Opinion | Surging stocks could help China become more than an export powerhouse
Snippet: A booming Chinese stock market can expand household wealth, boost spending power and reinforce consumer sentiment
Read full article: https://www.scmp.com/opinion/china-opinion/article/3342116/surging-stocks-could-help-china-become-more-export-powerhouse
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[2026-02-04 07:02 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Trump signs spending bill to end US shutdown, setting stage for ICE fight
Snippet: Hard negotiations loom as Democrats seek big changes to immigration operations following the shooting deaths of Alex Pretti and Nicole Good
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3342294/us-shutdown-track-end-house-approves-trump-funding-deal
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[2026-02-04 06:45 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Acid test for Govt - DailyNews
Snippet: In rebuilding the country after cyclone Ditwah which caused an estimated US $ 4.1 billion in damages, the government has a hard time ahead. In financing the rebuilding tasks, it has to be mindful of the parameters of the International Monetary Fund (IMF) programme which has put a cap on spending and set macroeconomic targets.
Read full article: https://dailynews.lk/2026/02/04/general-opinion/945271/acid-test-for-govt/
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[2026-02-04 06:36 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: ‘Govt plans to install 150 new telecom towers in remote areas this year’ - DailyNews
Snippet: Digital Economy Deputy Minister Eranga Weeraratne told Parliament yesterday that the Government has planned to install 150 new telecom towers in remote areas this year under the ‘Gamata Sannivedanaya’ (Communication to the Village) programme as a key component of the 2026 Budget.
Read full article: https://dailynews.lk/2026/02/04/local/945228/govt-plans-to-install-150-new-telecom-towers-in-remote-areas-this-year/
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[2026-02-04 06:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Government to reduce tax rates by expanding tax base - DailyNews
Snippet: Economic Development Deputy Minister Nishantha Jayaweera said the Government plans to lower tax rates to reduce the tax burden on the public by expanding the tax base. The Deputy Minister made these remarks while participating in a special field observation tour around Colombo.
Read full article: https://dailynews.lk/2026/02/04/local/945345/government-to-reduce-tax-rates-by-expanding-tax-base/
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[2026-02-03 23:42 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: South Korea urged to ease inheritance tax as wealthy exit at record rate
Snippet: Rigid inheritance laws blamed as 2,400 wealthy residents leave the country. Business group seeks reforms including tax payment via stocks
Read full article: https://www.scmp.com/news/asia/east-asia/article/3342272/south-koreas-inheritance-tax-sparks-millionaire-exodus
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[2026-02-03 19:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Opinion | China’s real constraint is where to direct limited fiscal resources
Snippet: With Beijing focusing on spending priorities, Asian investors and businesses must watch which provinces, sectors and state firms are favoured
Read full article: https://www.scmp.com/opinion/china-opinion/article/3342057/chinas-real-constraint-where-direct-limited-fiscal-resources
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[2026-02-03 12:48 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong stocks rise despite losses for tech firms on tax concerns
Snippet: Baidu, Kuaishou among internet stocks losing ground amid rumours regulators may adjust value-added taxes on the sector
Read full article: https://www.scmp.com/business/china-business/article/3342166/hong-kong-stocks-rise-easing-geopolitical-tensions-precious-metals-gain
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[2026-02-03 09:07 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Trump demands ‘no changes’ as House moves to end US shutdown
Snippet: US president warns against a repeat of last year’s record 43-day stoppage, calling for immediate passage of spending bill
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3342160/trump-urges-no-changes-spending-bill-end-3-day-government-shutdown
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[2026-02-03 07:17 UTC+10:00] [General] [Factuality: 100]
Source: Asia Times
Title: The bus left in 2014: why Modi’s 2026 Budget can’t overtake China - Asia Times
Snippet: Keep independent journalism alive
Read full article: https://asiatimes.com/2026/02/the-bus-left-in-2014-why-modis-2026-budget-cant-overtake-china/
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[2026-02-03 00:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China pushes to shore up government finances with tax rises on several sectors
Snippet: Beijing targets tax incentives in telecoms and other industries after seeing fiscal revenue drop sharply in late 2025
Read full article: https://www.scmp.com/economy/china-economy/article/3342098/china-pushes-shore-government-finances-tax-rises-several-sectors
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[2026-02-02 22:06 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: India eyes ‘global manufacturing powerhouse’ status with budget boost
Snippet: The measures aim to boost production in key sectors such as biopharma and semiconductors, and increase support for smaller businesses
Read full article: https://www.scmp.com/week-asia/economics/article/3342124/india-eyes-global-manufacturing-powerhouse-status-budget-boost
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[2026-02-02 19:52 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Agency defends South Korean star Kim Seon-ho over tax evasion claims
Snippet: Kim is accused of running a one-man family company to inflate corporate expenses and potentially reduce tax liabilities
Read full article: https://www.scmp.com/week-asia/people/article/3342097/kim-seon-hos-agency-denies-south-korean-actor-set-shell-firm-evade-taxes
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[2026-02-02 18:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese EV makers’ shares skid as sales slide after tax incentive ends
Snippet: Shares in Hong Kong-listed BYD, Xpeng, Li Auto and Nio plummet as tepid January sales underline pessimistic forecasts for the year
Read full article: https://www.scmp.com/business/china-business/article/3342066/chinese-ev-makers-shares-skid-sales-slide-after-tax-incentive-ends
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[2026-02-02 17:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: ‘Bleak start’ to 2026 for China’s property sector as sales declines accelerate
Snippet: China’s top developers slumped in January, with weak demand and fading policy support raising fresh concerns over debt repayment capacity
Read full article: https://www.scmp.com/business/article/3342060/bleak-start-2026-chinas-property-sector-sales-declines-accelerate
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[2026-02-02 16:13 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: India increases financial support to Sri Lanka to INR 4 billion in 2026-27 Budget - DailyNews
Snippet: The Government of India has stepped up its support for Sri Lanka, allocating INR 4 billion (around $43.6 million) in the 2026-27 fiscal year, an increase from INR 3 billion ($32.7 million) in the revised estimates for 2025-26, according to the Ministry of External Affairs.
Read full article: https://dailynews.lk/2026/02/02/local/944038/india-increases-financial-support-to-sri-lanka-to-inr-4-billion-in-2026-27-budget/
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[2026-02-02 06:48 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: India increases Sri Lanka’s aid allocation to INR 4 Bn - DailyNews
Snippet: India’s Union Budget for the upcoming fiscal year has increased development aid allocations for Sri Lanka, allocating 4 billion INR an increase of 1 billion INR from last year, according to Indian media.
Read full article: https://dailynews.lk/2026/02/02/breaking-news/943877/india-increases-sri-lankas-aid-allocation-to-inr-4-bn/
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[2026-02-01 21:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Was General Zhang Youxia one of the ‘big rats’ eating China’s military budget?
Snippet: A PLA Daily article links corrupt practices with damage to combat readiness – Xi Jinping’s top priority
Read full article: https://www.scmp.com/news/china/military/article/3341985/was-general-zhang-youxia-one-big-rats-eating-chinas-military-budget
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[2026-02-01 20:50 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong’s spending should not grow faster than income: Paul Chan
Snippet: Finance chief issues call ahead of expected budget speech on February 25, says local economy off to good start in 2026
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3341995/hong-kongs-public-expenditure-growth-cannot-exceed-revenue-rise-paul-chan
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[2026-02-01 19:40 UTC+10:00] [General] [Factuality: 100]
Source: Deutsche Welle
Title: बजट 2026: मैन्यूफैक्चरिंग सेक्टर से निकलेंगी नई नौकरियां?
Snippet: भारतीय वित्त मंत्री निर्मला सीतारमण ने रविवार को 2026-2027 का केंद्रीय बजट पेश किया. इस बजट में देश के मैन्युफैक्चरिंग सेक्टर को लेकर कई नई घोषणाएं की गईं. सीतारमण ने वैश्विक संकटों के बीच मैन्युफैक्चरिंग सेक्टर को केंद्र में रखते हुए भारत की अर्थव्यवस्था को आगे बढ़ाने के प्रस्ताव रखे हैं.
Read full article: https://www.dw.com/hi/budget-2026-in-india-focuses-on-manufacturing-sector/a-75746378
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[2026-02-01 00:40 UTC+10:00] [General] [Factuality: 100]
Source: Deutsche Welle
Title: महंगे पानी पर अब पैसा बहा रहे भारत के अमीर
Snippet: भारत का अमीर वर्ग अब महंगे पानी पर पैसा बहा रहा है. भारत में कुछ लग्जरी फूड स्टोर अब इटली और फ्रांस से महंगे पानी मंगाकर उनका स्वाद चखने के लिए बड़े आयोजन कर रहे हैं. हालांकि, ऐसे आयोजन फिलहाल भारत के अमीर वर्ग से आने वाले लोगों तक ही सीमित हैं.
Read full article: https://www.dw.com/hi/indians-are-spending-money-on-luxury-water/a-75741254
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[2026-01-31 19:45 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s rich cut high-end spending by 5% as economic confidence hits 14-year low
Snippet: Economic confidence among high-net-worth individuals has declined for fourth year in a row to lowest level since 2012, Hurun report shows
Read full article: https://www.scmp.com/economy/china-economy/article/3341939/chinas-rich-cut-high-end-spending-5-economic-confidence-hits-14-year-low
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[2026-01-31 19:30 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Macroscope | Could Japan stop being the ballast of the bond market?
Snippet: A lower house election victory would give flight to Prime Minister Takaichi’s fiscal expansionism – and introduce upheaval far beyond Japan
Read full article: https://www.scmp.com/opinion/asia-opinion/article/3341741/how-one-election-japan-could-upend-bond-markets-and-global-finance
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[2026-01-31 09:50 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: US may have averted major shutdown by splitting bill, but partial closure is on
Snippet: House approval still needed, with a funding lapse expected before lawmakers move to pass the spending package early next week
Read full article: https://www.scmp.com/news/us/diplomacy/article/3341911/us-likely-averts-major-government-shutdown-splitting-bill-partial-closure-looms
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[2026-01-31 09:46 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Editorial | Hong Kong cannot take its Exchange Fund’s stellar year for granted
Snippet: The fund posted a record gain last year, boosting the Hong Kong government’s fiscal health, but global headwinds must be heeded
Read full article: https://www.scmp.com/opinion/comment/article/3341808/hong-kong-cannot-take-its-exchange-funds-stellar-year-granted
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[2026-01-31 01:24 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong shelves cross-border levy plan, marks second policy U-turn in a day
Snippet: Proposal was part of city government’s efforts to deal with HK$87.2 billion budget deficit
Read full article: https://www.scmp.com/news/hong-kong/transport/article/3341888/hong-kong-shelves-cross-border-levy-plan-marks-second-policy-u-turn-day
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[2026-01-30 19:16 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Trump sues IRS, US Treasury for US$10 billion over leaked tax returns
Snippet: Citing reputational harm and breached laws, the suit could leave US taxpayers on the hook for a massive federal payout
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3341823/trump-sues-irs-us-treasury-us10-billion-over-leaked-tax-returns
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[2026-01-30 10:32 UTC+10:00] [General] [Factuality: 90]
Source: South China Morning Post
Title: Senate leaders scramble to avert shutdown after Trump, Democrats strike deal
Snippet: Passage delayed as Senate leaders work to win enough support for spending package before late Friday deadline
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3341750/trump-seeks-avoid-shutdown-democrats-block-funding-demand-ice-curbs
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[2026-01-30 06:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Sri Lanka signs bilateral debt restructuring agreement with Belgium’s CREDENDO - DailyNews
Snippet: Sri Lanka has entered into a bilateral agreement with CREDENDO, the Export Credit Agency of Belgium, as part of its ongoing external debt restructuring process, marking a significant milestone in the Government’s efforts to restore debt sustainability and revive the national economy.
Read full article: https://dailynews.lk/2026/01/30/business/942498/sri-lanka-signs-bilateral-debt-restructuring-agreement-with-belgiums-credendo/
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[2026-01-30 03:24 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: NWD shares jump after market views likely stake sale as positive
Snippet: Debt-laden Hong Kong developer confirms in exchange filing that parent Chow Tai Fook Enterprises has been approached by investors
Read full article: https://www.scmp.com/business/article/3341740/nwd-says-parent-approached-investors-after-report-links-blackstone-stake-sale
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[2026-01-29 22:13 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Indonesia scrambles to halt US$80 billion market crash as rupiah hits record low
Snippet: Concerns over fiscal policy and transparency sparked a sell-off, as Indonesian stocks plunged 8 per cent in just two days
Read full article: https://www.scmp.com/news/asia/southeast-asia/article/3341716/indonesia-scrambles-halt-us80-billion-market-crash-rupiah-hits-record-low
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[2026-01-29 07:16 UTC+10:00] [General] [Factuality: 90]
Source: South China Morning Post
Title: US’ Rubio says China profited from Venezuela’s collapse through cut-price oil
Snippet: US secretary tells senators Beijing received discounted crude via opaque debt deals, saying Maduro’s removal was key to curbing influence
Read full article: https://www.scmp.com/news/us/article/3341598/rubio-says-china-profited-venezuelas-collapse-through-cut-price-oil
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[2026-01-28 22:46 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong police arrest 7 over bogus HK$10 million bankruptcy loan scheme
Snippet: Investigation uncovers loan racket posing as debt‑relief service, deceiving nearly 100 residents
Read full article: https://www.scmp.com/news/hong-kong/law-and-crime/article/3341575/hong-kong-police-arrest-7-over-bogus-hk10-million-bankruptcy-loan-scheme
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[2026-01-28 15:00 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Taiwan’s defence ministry slams TPP’s ‘unworkable’ military spending plan
Snippet: Opposition party’s proposal would drop plans for ‘T-Dome’ air defence system and cut budget ceiling to US$12.7 billion
Read full article: https://www.scmp.com/news/china/politics/article/3341455/taiwans-defence-ministry-slams-tpps-unworkable-military-spending-plan
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[2026-01-28 07:07 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Sri Lanka stands out for scale and breadth of tax concessions - DailyNews
Snippet: Sri Lanka has long been an outlier in the extent to which it grants tax concessions, former Chief Economic Adviser to the Government of India Arvind Subramanian said, warning that such policies lay at the heart of the country’s persistent fiscal and macroeconomic troubles.
Read full article: https://dailynews.lk/2026/01/28/business/940948/sri-lanka-stands-out-for-scale-and-breadth-of-tax-concessions/
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[2026-01-28 06:50 UTC+10:00] [General] [Factuality: 95]
Source: Daily News
Title: NATO chief wishes 'good luck' to those who think Europe can defend itself without US help - DailyNews
Snippet: NATO Secretary-General Mark Rutte insisted Monday that Europe is incapable of defending itself without U.S. military support and would have to more than double current military spending targets to be able to do so.
Read full article: https://dailynews.lk/2026/01/28/world/941050/nato-chief-wishes-good-luck-to-those-who-think-europe-can-defend-itself-without-us-help/
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[2026-01-28 00:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s consumer spending push faces major challenge – debt-averse households
Snippet: Beijing has renewed its focus on boosting domestic demand in recent months, but households are cutting debt at fastest pace in years
Read full article: https://www.scmp.com/economy/china-economy/article/3341435/chinas-consumer-spending-push-faces-major-challenge-debt-averse-households
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[2026-01-27 21:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China tightens rail approvals as Xi warns on waste and ‘operational’ trouble
Snippet: Intercity lines face stricter break-even rules, as the central government cracks down on ‘back-door’ metro projects and looks to curb redundant infrastructure spending
Read full article: https://www.scmp.com/economy/china-economy/article/3341412/china-tightens-rail-approvals-xi-warns-overbuilding-waste-and-operational-trouble
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[2026-01-27 04:35 UTC+10:00] [General] [Factuality: 100]
Source: Deutsche Welle
Title: Cheias em Moçambique: Comunicação deficitária é um problema
Snippet: To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video
Read full article: https://www.dw.com/pt-002/cheias-em-mo%C3%A7ambique-comunica%C3%A7%C3%A3o-deficit%C3%A1ria-%C3%A9-um-problema/video-75668356
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[2026-01-26 13:51 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: SC concludes hearing into Parliamentary Pensions Bill - DailyNews
Snippet: The Supreme Court has concluded hearing arguments for and against the proposed Parliamentary Pensions (Repeal) Bill, which seeks to abolish pension entitlements granted to Members of Parliament.
Read full article: https://dailynews.lk/2026/01/24/lawnorder/939269/sc-concludes-hearing-into-parliamentary-pensions-bill/
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[2026-01-26 11:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: ‘Bitter fruits’: why the Philippines faces a 10-year climb to fix its schools
Snippet: Its ‘historic’ US$23 billion education budget might not be enough to close long-standing gaps, experts say
Read full article: https://www.scmp.com/week-asia/economics/article/3341105/philippines-will-take-least-10-years-make-proficiency-grade
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[2026-01-26 09:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Swire Properties bullish on mainland retail despite slowing market
Snippet: Foot traffic and sales have been rising across Swire’s mainland portfolio, lifted by Gen Z shoppers, holiday spending and policy support
Read full article: https://www.scmp.com/business/article/3341100/swire-properties-remains-bullish-mainland-retail-despite-slowing-market
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[2026-01-25 23:29 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: South Korea withdraws budget minister nominee after allegations
Snippet: Conservative Lee Hye-hoon’s appointment was viewed as an attempt by President Lee Jae Myung to promote national unity with cross-party appointments
Read full article: https://www.scmp.com/news/asia/east-asia/article/3341172/south-korea-withdraws-budget-minister-nominee-after-allegations
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[2026-01-25 21:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Explainer | Why China Miao ethnic group moves houses at night, dances with soot on faces upon completion
Snippet: Age-old tradition stems from time when Miao people had to stage secret home relocations to avoid landlords seeking rent or debt repayments
Read full article: https://www.scmp.com/news/people-culture/article/3340563/why-china-miao-ethnic-group-moves-houses-night-dances-soot-faces-upon-completion
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[2026-01-25 19:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: ‘Invest in people’: China raises minimum wages to boost household spending
Snippet: Most provinces increased pay for low-paid jobs in 2025, part of nationwide efforts to tackle deflationary pressures
Read full article: https://www.scmp.com/economy/china-economy/article/3341028/china-raises-minimum-wages-amid-drive-boost-household-spending
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[2026-01-23 16:45 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: K-drama star Cha Eun-woo’s ad campaigns pulled amid tax scrutiny in South Korea
Snippet: The actor is contesting an additional tax assessment of more than US$13 million tied to a company registered under his mother’s name
Read full article: https://www.scmp.com/week-asia/people/article/3340942/south-korean-brands-drop-campaigns-k-drama-star-cha-eun-woo-amid-tax-allegations
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[2026-01-23 13:40 UTC+10:00] [General] [Factuality: 100]
Source: Rappler
Title: [In This Economy] Travel tax: Time to go
Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.
Read full article: https://www.rappler.com/voices/thought-leaders/in-this-economy-travel-tax-time-to-go/
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