Manufacturing activity in several key Asian exporting economies showed continued improvement midway through the first quarter, with demand for regional goods remaining robust despite global volatility.
China's new five-year plan outlines an ambitious goal to achieve self-sufficiency and become a global technology superpower.
Canada and India have solidified their bilateral ties through a series of agreements, notably a uranium supply deal valued at approximately US$1.91 billion (2.6 billion Canadian dollars).
The upcoming week is packed with central bank policy announcements from around the globe, including the Bank of Japan, Reserve Bank of Australia, Bank of England, European Central Bank, Bank of Mexico, and the Reserve Bank of India, with most…
Core consumer inflation in Tokyo slowed to 3.1% in June, falling below the Bank of Japan's 2% target for the first time in over a year, primarily due to temporary cuts in utility bills and fuel subsidies.
Economy20h ago·34 sources
Oil prices have surged in Asian markets, with Brent crude nearing $80 and U.S. crude around $73, driven by escalating Middle East conflict and fears of supply disruptions. The Strait of Hormuz, a critical shipping lane for a fifth of global seaborne oil, has seen a significant drop in tanker traffic, exacerbating supply concerns. This geopolitical tension has also led to a rally in safe-haven assets like gold and bonds, while global stock markets have tumbled. Major stock indices in Europe and Asia Pacific experienced declines, with banks and energy-sensitive sectors hit hard, though energy stocks themselves saw gains. The U.S. dollar has also strengthened against major currencies. OPEC+ has agreed to a modest oil output increase, but its effectiveness is questioned due to transit bottlenecks. The situation raises concerns about reigniting global inflation and impacting economic recovery.
The Bank of Korea has maintained its benchmark seven-day repurchase rate at 2.50% for the sixth consecutive meeting, aligning with market expectations.
The Bank of Mexico has revised its economic growth forecast for 2026 upwards to 1.6%, an increase from the previous estimate of 1.1%.
Atlanta Fed President Raphael Bostic has issued a direct warning regarding the erosion of public trust in the Federal Reserve's independence, attributing it to the ongoing rift between the central bank and the White House.
Thailand's central bank has unexpectedly cut its policy rate to 1% from 1.25%, marking the second consecutive easing measure.
Canada's economy contracted at an annualized rate of 0.6% in the fourth quarter of 2025, marking the slowest annual growth since 2020 at 1.7%.
The International Monetary Fund (IMF) has reviewed the U.S. economy and suggests an alternative policy mix to achieve the Trump administration's goals without negative global repercussions.
Hajime Takata, identified as the most hawkish member of the Bank of Japan's Policy Board, has stated that deflation is now a thing of the past, clearing the path for an interest rate hike sooner rather than later.
Euro zone economic sentiment experienced a sharper-than-anticipated decline in July, with optimism falling across all sectors.
Eurozone exporters are facing ongoing difficulties in securing overseas buyers, a situation attributed in part to the volatile policy environment in the U.S., according to European Central Bank President Christine Lagarde.
Japan's government has nominated two candidates, Ayano Sato and Toichiro Asada, for positions at the Bank of Japan (BOJ).
German consumer sentiment has unexpectedly declined in March, with the GfK index falling to -24.7 points, a drop from -22.6 points in the previous month and below analysts' expectations of -21.4 points.
The data highlights that inflation remains a thorn in the side of the central bank, and that an increase in interest rates is highly likely to be repeated in coming months.
Japan's Finance Minister Satsuki Katayama affirmed that the country is maintaining close dialogue with the U.S. regarding foreign exchange matters.
US consumer confidence saw an increase in February, surpassing economists' expectations.
Canadian factory activity experienced a significant downturn in January, with an early estimate indicating a 3.3% drop in manufacturing shipments.
While President Trump often highlights stock market performance during his presidency, the crawled article suggests this is not an extraordinary achievement when compared to previous presidents.
Philippine central bank Governor Eli M. Remolona Jr.
Federal Reserve Governor Christopher Waller stated he is open to pausing interest rate hikes at the upcoming March meeting, contingent on February employment data indicating continued labor market strength.
German business sentiment showed a tentative improvement in February, with the Ifo business climate index rising to 88.6, surpassing the forecasted 88.4 and reaching its highest level since August.
Following the Supreme Court's decision to strike down President Trump's global tariffs imposed under the International Emergency Economic Powers Act (IEEPA), administration officials are deferring to lower courts for guidance on tariff refunds.
The number of female billionaires globally has seen a significant increase, reaching 406 in 2025, representing approximately 13.4% of all billionaires.
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Mar 2, 2026 · 41 sources