
Asia’s SAF Supply Boom to Outpace Demand, Pushing Exports and Prices Down
Mar 17, 2025 09:51 am UTC| Economy
Asias sustainable aviation fuel (SAF) supply is set to exceed regional demand in 2024 and 2025, with new production capacity driving exports and potentially lowering prices, according to industry experts. While this...

Bank Indonesia Holds Rates to Shield Rupiah, Cuts Expected Next Quarter
Mar 17, 2025 09:51 am UTC| Economy Central Banks
Bank Indonesia (BI) is expected to keep its benchmark seven-day reverse repurchase rate at 5.75% on Wednesday, prioritizing rupiah stability amid global trade uncertainties. A Reuters poll conducted from March 1017 found...

Gold Steadies Near Record High as Safe Haven Demand Grows
Mar 17, 2025 09:51 am UTC| Economy
Gold prices remained firm on Monday after hitting a historic high last week, driven by geopolitical tensions, trade war concerns, and expectations of U.S. Federal Reserve rate cuts. Spot gold edged up 0.1% to $2,986.53 per...

Asian Stocks Rise Amid Chinese Stimulus Optimism, Trade War Fears Linger
Mar 17, 2025 09:50 am UTC| Economy
Asian markets climbed Monday as investor optimism grew over Chinas latest stimulus efforts, despite lingering concerns over U.S. trade tariffs. Gains were fueled by Beijings newly announced measures to boost consumer...

China Unveils Plan to Boost Domestic Spending Amid Economic Challenges
Mar 17, 2025 04:05 am UTC| Economy
Chinas State Council introduced a special action plan on Sunday to stimulate domestic consumption, aiming to strengthen household spending and counter deflationary pressures. The plan includes income-boosting measures, a...

U.S. Treasury Secretary Bessent Warns of Economic Turbulence Amid Market Correction
Mar 17, 2025 04:05 am UTC| Economy Politics
U.S. Treasury Secretary Scott Bessent acknowledged the possibility of a recession in an interview with NBCs Meet the Press, citing near-term economic challenges as the Trump administration pushes its agenda. While he...

U.S. Meat Exports to China Face $5 Billion Blow as Trade Tensions Escalate
Mar 17, 2025 04:04 am UTC| Economy
Hundreds of U.S. meat processing plants could lose export eligibility to China this Sunday, putting approximately $5 billion in trade at risk amid renewed U.S.-China tensions. The affected facilities, including those owned...