Goldman Sachs, lowered its 2023 economic growth forecast for the euro zone on Monday, citing ongoing stress in the global banking system and an increase in economic uncertainty.
European Central Bank (ECB) policymaker Robert Holzmann on Monday watered down his recent call for three further interest-rate increases of 50 basis points in quick succession.
Japan's Prime Minister Fumio Kishida on Monday announced a new plan to promote an open and free Indo-Pacific, promising billions of dollars in investment to help economies across the region in everything from industry to disaster prevention.
The rash of recent price cutting in China's auto market could further squeeze the profitability of manufacturers already struggling with slowing demand, analysts have warned.
China's overall exports to North Korea more than doubled in the first two months of 2023 from a year earlier, with major exports including granulated sugar, soybean oil and rice, Chinese customs data showed on Monday.
Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished.
