
Asian Stocks Rebound as Investors Eye Trump’s Tariff Decision and China’s PMI Boost
Mar 03, 2025 07:19 am UTC| Economy
Asian stocks bounced back at the start of the month, tracking Wall Streets strong finish last week. Investors remained cautious ahead of U.S. President Donald Trumps upcoming trade tariff decision, with uncertainty over...

Oil Prices Rise 1% on Strong China Data Amid U.S. Tariff Concerns
Mar 03, 2025 07:18 am UTC| Economy
Oil prices climbed 1% on Monday, driven by positive manufacturing data from China, the worlds largest crude importer, fueling optimism for demand. However, concerns over potential U.S. tariffs added uncertainty to the...

New World Development Shares Surge Amid Debt-Cutting Plan
Mar 03, 2025 07:18 am UTC| Business Economy
Shares of New World Development soared on Monday, jumping 11.4% to HK$5.37, their highest since late December, after the Hong Kong-based developer announced measures to boost cash flow and reduce debt. The surge followed...

Euro and Sterling Gain as Europe Pushes Ukraine Peace; Dollar Slips
Mar 03, 2025 07:18 am UTC| Economy
The euro rebounded from a 2.5-week low against the U.S. dollar on Monday, gaining 0.4% to $1.0415 as European leaders moved towards a Ukraine peace plan. Sterling also advanced 0.2% to $1.2602 after UK Prime Minister Keir...

Japan’s Factory Activity Contracts for Eighth Month Amid Trade Uncertainty
Mar 03, 2025 07:17 am UTC| Economy
Japans manufacturing sector shrank for the eighth straight month in February, as weak global demand and concerns over U.S. trade policies weighed on business confidence, according to the final au Jibun Bank Japan...

Stock Futures Steady as Markets Eye Trump Tariffs and Economic Slowdown
Mar 03, 2025 07:17 am UTC| Economy
U.S. stock futures held steady Sunday evening after a volatile February, as investors weighed upcoming tariffs and economic data. SP 500 and Nasdaq 100 futures each rose 0.1%, while Dow Jones futures remained flat. The...

China’s Manufacturing Activity Surges in February Amid Stimulus, Trade War Risks Loom
Mar 03, 2025 07:15 am UTC| Economy
Chinas manufacturing sector expanded more than expected in February, driven by strong domestic demand and government stimulus. Official data showed the manufacturing Purchasing Managers Index (PMI) rose to 50.2, exceeding...