China’s plans for tax cuts targeting smaller companies will help to support employment and economic stability, and will expand the country’s tax base over the long term, Premier Li Keqiang was quoted as saying on Saturday.
New Malaysian Prime Minister Mahathir Mohamad said on Tuesday he will remain in office for one or two years and that Anwar Ibrahim, the jailed reformist he had vowed would replace him, will be released on Wednesday.
Romania’s ruling Social Democrat Party (PSD) chose to nominate European MP Viorica Dancila as the new prime minister in a unanimous vote on Tuesday after Mihai Tudose stepped down following a row with the party leadership.
Pakistani lawmakers on Tuesday elected former petroleum minister Shahid Khaqan Abbasi, an ally of ousted premier Nawaz Sharif, to replace him and the new prime minister immediately sought to project an image of stability.
Turkish security forces have arrested Prime Minister Binali Yildirim's chief adviser over suspected links to the movement of US-based cleric Fethullah Gulen, whom Ankara accuses of having orchestrated last year’s failed coup against President Recep Tayyip Erdogan.