Live Updates

    31 March 2025
    In the eastern South China Sea, China has identified an oilfield with over 100 million tonnes of reserves

    CNOOC discovers major oilfield in South China Sea with over 100 million tonnes of proven reserves.

    31 March 2025
    The Reserve Bank of Australia should lower rates due to a deteriorating global economic outlook

    RBA may consider rate cut amid global uncertainty; forecasts split on timing, with May likely.

    31 March 2025
    Home purchase restrictions in Nanjing, a second-tier city in China, have been removed recently

    Nanjing lifts home purchase limits, boosting property market; mortgage applications rise amid supportive housing policies.

    31 March 2025
    Musk states that there’s no intention for the US government to adopt DOGE coin amid cryptocurrency concerns

    Elon Musk confirms no US plans for Dogecoin use, despite community hopes and shifting crypto strategies.

    31 March 2025
    China’s March Manufacturing PMI at 50.5 reflects annual growth, with mixed results in indices observed

    China’s manufacturing and services PMIs rose in March, indicating modest economic expansion and improving business confidence.

    31 March 2025
    In February 2025, Australia saw a 0.5% monthly increase in private sector credit, driven by business and housing sectors

    Australia’s private sector credit rose 0.5% in February 2025, driven by business and housing credit growth.

    31 March 2025
    The PBOC is likely to set the USD/CNY reference rate at 7.2593, according to Reuters

    The PBOC sets the yuan’s midpoint daily, guiding currency fluctuations within a managed 2% trading band.

    31 March 2025
    A Japanese official claims production increases are unrelated to anticipated US tariffs, unlike market speculation

    Japan’s February industrial output rose 2.5%, surpassing expectations, as tariff concerns influenced market behavior.

    31 March 2025
    The Melbourne Institute reported a 0.7% monthly increase in March private inflation, reaching 2.8% annually

    Australia’s March 2025 inflation rose 0.7% monthly, reaching 2.8% annually—highest since December 2023.

    31 March 2025
    Business confidence in New Zealand decreased to 57.5%, while activity improved to 48.6%

    Business confidence dips slightly while activity rises; cost and inflation expectations reach highest levels in over a year.

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