Business
RBI data show India’s forex reserves rose to a record $728.49bn in the week ended Feb. 27, led by higher gold and foreign currency assets.
China’s top officials pledged stronger tech financing, more balanced trade and capital market reforms, outlining steps on IPO rules, imports and stability.
India’s rupee led Asia’s gains after rebounding from a record low, with RBI action helping steady FX trade amid a stronger dollar and higher oil.
UAE Foreign Minister Abdullah bin Zayed met Germany’s Johann Wadephul in Berlin to review ties and discuss regional security and diplomacy.
China official manufacturing PMI fell to 49.0 in February, a second month in contraction, as Spring Festival disruptions and weaker orders hit factories.
China’s official factory PMI fell to 49.0 in February as a nine-day Lunar New Year holiday disrupted output and orders across industry.