New Zealand House Prices Rise in February as Market Gains Momentum

Mar 17, 2025 04:04 am UTC| Economy

New Zealands housing market showed signs of stability in February, with rising prices and increased buyer activity, according to the Real Estate Institute of New Zealand (REINZ). Seasonally adjusted median home prices...

Oil Prices Climb as U.S. Strikes Intensify in Yemen

Mar 17, 2025 04:03 am UTC| Economy

Brent crude futures edged higher in early Asian trading on Monday, rising 0.6% as geopolitical tensions escalated. The uptick came after the United States vowed to continue military strikes against Yemens Houthis until...

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...