Live Updates

    5 March 2025
    According to reports, Trump intends to maintain tariffs, despite attempts by aides to soften his message

    Trump plans to keep tariffs but may adjust them, aiming for quick agreements despite European caution.

    5 March 2025
    China plans to lower the Reserve Requirement Ratio eventually, with weekly updates expected on the matter

    China plans to lower the Reserve Requirement Ratio to manage liquidity, with possible two cuts expected in 2020.

    5 March 2025
    China’s finance ministry plans increased fiscal spending to address economic challenges, sparking market optimism

    China plans a 7.2% defence spending increase, addressing economic challenges with proactive policies and enhanced fiscal measures.

    5 March 2025
    The Governor of the Reserve Bank of New Zealand has stepped down; deputy takes interim position

    Reserve Bank Governor Adrian Orr resigns, citing inflation at target and economic recovery; Deputy Governor Hawkesby steps in.

    5 March 2025
    In January, Singapore’s retail sales rose by 2.4% month-on-month, contrasting with a 1.5% decline

    Singapore’s retail sales rose 2.4% in January. EUR/USD climbed, gold stayed above $2,900, Bitcoin stabilised.

    5 March 2025
    China aims for a stable yuan and sets 2025 economic growth target at approximately 5%

    China targets 5% economic growth in 2025, stabilizes yuan, issues bonds, and adjusts fiscal policies for stability.

    5 March 2025
    Retail sales in Singapore increased from -2.9% to 4.5% year-on-year in January

    Singapore’s retail sales rose 4.5% in January, signaling economic recovery, while gold and Bitcoin stabilize.

    5 March 2025
    Howard Lutnick attempted to ease tensions with Canada, but Doug Ford remained defiant in response

    Lutnick urged Ford to ease tensions, but Ford refused, vowing a tougher stance amid escalating US-Canada disputes.

    5 March 2025
    In the Philippines, today’s gold prices experienced a decline, based on recent market data

    Gold prices in the Philippines dropped, with 1 gram now at 5,379.25 PHP, reflecting market fluctuations.

    5 March 2025
    Japan’s final February Services PMI reached 53.7, up from 53.0, with a Composite at 52.0

    Japan’s Services PMI rose to 53.7, Composite PMI reached 52.0, and Manufacturing PMI improved to 49.0.

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