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In low-key response to budget, Quebec expresses concern re. tax harmonization (The Canadian Press via Yahoo! Canada News)
QUEBEC - The Quebec government offered a low-key response to the federal budget Thursday but cited the absence of a tax-harmonization deal with Ottawa as an outstanding irritant.

TED Spread Near Six-Year Low After Greece Announces Budget Cuts (Bloomberg)
March 4 (Bloomberg) -- The TED spread , the difference between what banks and the U.S. government pay to borrow for three months, was near a six-year low as Greece’s efforts to balance its budget cut demand for the safest securities.

Treasury 10-Year Yield Near Three-Week Low as Stocks Decline (Bloomberg)
March 4 (Bloomberg) -- Treasury 10-year yields were within 4 basis points of a three-week low as declines in equities and demonstrations against budget cuts in the Greek capital sustained demand for the relative safety of U.S. debt.

Treasury 10-Year Yield Near Three-Week Low as Stocks Decline (Bloomberg)
March 4 (Bloomberg) -- Treasury 10-year yields were within 4 basis points of a three-week low as declines in equities and demonstrations against budget cuts in the Greek capital increased demand for the relative safety of U.S. debt.

Support for low income (Straits Times)
LOWER-INCOME workers are getting substantial support from the Government in order to give them the best chance to progress, Finance Minister Tharman Shanmugaratnam said yesterday. Wrapping up the three-day Budget debate in Parliament, Mr Tharman noted that many MPs expressed concern about low-income workers and families in Singapore.

China reins in military budget growth (UPI)
BEIJING, March 5 (UPI) -- China is scaling back defence budget growth to 7.5 percent and telling its neighbors not to worry about its military build-up in the immediate region.

Japan Bill Sale Limit Boost Offers Aid for Budget (Update1) (Bloomberg)
March 5 (Bloomberg) -- A plan by Japan to raise the limit on sales of bills used for currency intervention and accounting for earnings on foreign reserves in yen may offer additional funds for a budget hit by dwindling tax revenues.

Japan Bill Sale Limit Boost Offers Aid for Government Budget (Bloomberg)
March 5 (Bloomberg) -- A plan by Japan’s government to raise the limit for sales of bills used for converting foreign- exchange reserves into yen may offer additional funds for a general budget hit by dwindling tax revenues.