
China's New Bank Loans Plummet Amid Trade War, Economic Uncertainty
Mar 17, 2025 04:03 am UTC| Economy
Chinas new bank lending fell sharply in February, dropping to 1.01 trillion yuan ($139.62 billion), the lowest February level since 2020. This steep decline follows Januarys record 5.13 trillion yuan, highlighting growing...

Stock Futures Slip as Wall Street Rally Stalls Amid Fed Uncertainty
Mar 17, 2025 04:03 am UTC| Economy
U.S. stock index futures declined Sunday evening, signaling a weak start to the week as Wall Streets recent rebound lost steam. Investors remain cautious ahead of a Federal Reserve meeting, where the central bank is...

Cyclone Alfred’s A$1.2B Economic Hit: Growth and Inflation Concerns
Mar 17, 2025 04:03 am UTC| Economy
Tropical Cyclone Alfred has inflicted an estimated A$1.2 billion ($759 million) in damages, trimming Australias GDP growth by 0.25 percentage points in the March quarter, according to Australian media. The cyclone, which...

Japanese Yen Faces Short-Term Hurdles but Poised for Strength by Year-End
Mar 17, 2025 04:03 am UTC| Economy
The Japanese yens recent rally may hit temporary resistance, but analysts at Capital Economics (CE) expect it to strengthen against the U.S. dollar by year-end. Despite strong wage growth agreements in Japans Shunto spring...

Dollar Near Five-Month Low Amid Trade Uncertainty and German Fiscal Boost
Mar 17, 2025 04:03 am UTC| Economy
The U.S. dollar hovered near a five-month low on Monday, pressured by President Donald Trumps trade policies and weak economic data. The euro remained strong after German parties agreed on a fiscal deal to boost defense...

Germany Plans Major Fiscal Expansion: Debt Brake Reform and €500B Investment Fund
Mar 16, 2025 11:33 am UTC| Economy
Germany is moving forward with a historic fiscal package to expand public spending and reform its debt rules. The CDU/CSU and SPD have agreed on a multi-year financial framework, including increased investments in defense...

Western Allies Boost Ukraine Support Amid Ceasefire Talks
Mar 16, 2025 04:23 am UTC| Economy
British Prime Minister Keir Starmer announced that Western allies, excluding the U.S., are intensifying support for Ukraine in case of a ceasefire with Russia. Starmer hosted a virtual meeting with leaders from Germany,...