Japan’s service activity marked the fastest growth in six months in February, backed by strong sales and new export businesses, a private-sector survey showed on Wednesday.

South Korea will establish a $34 billion policy fund to provide financial support to companies involved in strategic technologies such as chips and autos amid intensifying global competition and protectionism, the government said on Wednesday.

Thailand’s economy is expected to grow 3.4% in the first quarter of 2025 from a year earlier, which would be the fastest pace in 10 quarters, helped by government stimulus measures, a deputy finance minister said on Wednesday.

China kept its economic growth target for this year unchanged at roughly 5% while committing more fiscal resources than last year to fend off deflationary pressures and mitigate the impact of rising U.S. trade tariffs.

The U.S. dollar hovered near a three-month low against major peers on Wednesday after the latest round of U.S. tariffs and countermeasures from Canada and China fuelled an escalating trade war.

Oil prices fell slightly in Asian trade on Wednesday as markets remained on edge over tariff-related headwinds and increasing global production, with focus turning to stimulus measures in top importer China.