Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes 
Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations 
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout 
China Manufacturing PMI Slips Into Contraction in January as Weak Demand Pressures Economy 
UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist 
China's GDP came in below expectations as it slid yet again year-on-year in quarter 4. During October- December period China's economy fell to an annualized 6.8% according to the National Bureau of Statistics (NBS), down from the 6.9% registered in the previous quarter.
The extent of the slowdown in China has raised concerns recently as the country witnessed the weakest rate of growth in 24 years in 2014, and is set to have grown at an even slower pace in 2015.
The International Monetary Fund (IMF) had projected a growth rate of 6.3% for China for both 2016 and 2017 in the latest release of the World Economic Outlook from last October, while cutting the growth forecast for China from the 6.7% previously projected.
