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    17 March 2025
    Zhejiang province introduces subsidies for electric and petrol vehicles, enhancing consumption and supporting sustainability

    Zhejiang offers subsidies up to 15,000 RMB for EVs and 13,000 RMB for gasoline cars, promoting sustainability.

    17 March 2025
    In February, Indonesia’s trade balance exceeded expectations, showing an actual figure of $3.12 billion

    Indonesia’s trade balance exceeded expectations in February, signaling strong exports and economic resilience amid global challenges.

    17 March 2025
    The Japanese Prime Minister denies currency manipulation, citing G7 commitments and domestic monetary policy objectives

    Japan’s PM Ishiba denies currency manipulation, citing G7 commitments, while economic tensions rise under US pressure.

    17 March 2025
    In February, Indonesia’s imports exceeded forecasts by 2.3%, compared to the anticipated 0.6%

    Indonesia’s imports rise, currencies consolidate, gold steadies near $3,000, and altcoins recover after Bitcoin’s surge.

    17 March 2025
    In early 2025, China’s retail sales and industrial output exceeded expectations despite rising unemployment concerns

    China’s retail sales rose 4.0%, industrial production 5.9%, but unemployment increased to 5.4% as property investment declined.

    17 March 2025
    Around $67.50, WTI oil maintains strength, bolstered by China’s stimulus and Middle-Eastern tensions

    WTI oil prices rise to $67.40, driven by China’s stimulus, Middle East tensions, and Ukraine conflict uncertainties.

    17 March 2025
    New home prices in China dropped 4.9% annually and 0.1% monthly, reflecting ongoing declines

    China’s home prices fell; the yuan strengthened. Shenzhen eased housing rules amid possible monetary policy adjustments.

    17 March 2025
    The National Bureau of Statistics remarked on China’s resilient economy amidst a worsening external environment

    China’s economy remains resilient, but external challenges persist. Property stabilises, employment steady, AUD strengthens against major currencies.

    17 March 2025
    Traders close expiring futures and open new ones during rollover, impacting U.S. equity index markets

    U.S. equity index futures expire quarterly; rollover begins Monday before expiration. Key 2025 dates: March 17, 21.

    17 March 2025
    The PBOC’s USD/CNY rate stands at 7.1688, with 384.5 billion yuan injected through repos

    PBOC sets yuan midpoint, injects 288 billion yuan; Shenzen eases housing rules; trade risks impact US meats.

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