
China’s Factory Activity Contracts Again as U.S. Tariffs Add Pressure
Feb 28, 2025 10:57 am UTC| Economy
Chinas manufacturing sector likely shrank for a second consecutive month in February, underscoring weak domestic demand and fueling calls for more economic stimulus. A Reuters poll of 21 economists predicted the official...

Asian Markets Plunge as Nvidia Sell-Off Hits Tech Stocks
Feb 28, 2025 10:57 am UTC| Economy
Asian stocks tumbled Friday, led by steep declines in Japan and South Korea, as tech shares mirrored Wall Streets Nvidia-driven slump. Investors also assessed Tokyos latest inflation data ahead of the key U.S. PCE...

Trump Imposes New Tariffs on China, Mexico, and Canada Over Fentanyl Crisis
Feb 28, 2025 10:55 am UTC| Politics Economy
U.S. President Donald Trump announced new tariffs on Mexican, Canadian, and Chinese imports, citing ongoing fentanyl smuggling. Starting March 4, a 25% tariff will apply to Mexican and Canadian goods, while an additional...

Iron Ore Futures Slip Amid Tariff Concerns and Trade Frictions
Feb 28, 2025 10:55 am UTC| Economy
Iron ore futures fell on Friday, poised for modest monthly losses as U.S. tariffs and escalating trade tensions pressured Chinese steel exports. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange...

India’s GDP Growth Rebounds Amid Rising Rural Demand and Government Spending
Feb 28, 2025 10:55 am UTC| Economy
Indias economic growth is expected to have rebounded in the October-December quarter, driven by improved rural demand and increased government spending. The economy, which slowed to 5.4% GDP growth in July-September,...

Oil Prices Decline as Economic Concerns and Tariff Worries Weigh on Markets
Feb 28, 2025 10:55 am UTC| Economy
Oil prices fell on Friday, heading for their first monthly decline since November, as concerns over global economic growth and weaker fuel demand overshadowed supply risks. Brent crude futures for May slipped 0.4% to...

South Korea’s National Pension Fund Achieves Record 15% Return in 2023
Feb 28, 2025 10:55 am UTC| Economy
South Koreas National Pension Service (NPS), the worlds third-largest pension fund, recorded its highest-ever annual return of 15% in 2023, according to the welfare ministry. This record-breaking performance highlights the...