Japan is gearing up to launch seabed rare earth extraction by 2025, aiming to break free from China’s supply dominance. This ambitious move targets securing essential materials that power advanced technology and defense systems, marking a major leap toward unprecedented resource independence for the nation
Japan trade negotiator Akazawa is preparing for a pivotal trip to Washington this week, determined to advance critical trade talks. Sources reveal that this visit will concentrate on tackling persistent challenges and strengthening the economic alliance between the US and Japan
European equities wrapped up the session with impressive gains, as investors reveled in Spain’s latest record highs. This wave of bullish sentiment sweeping across the markets showcases a growing optimism, propelling stock prices higher and highlighting a vibrant economic momentum.
In today’s ForexLive Asia-Pacific FX news wrap, Bank of Japan Governor Kazuo Ueda addressed key monetary policy issues, underscoring the central bank’s commitment to maintaining its accommodative stance. His remarks influenced market sentiment, impacting the yen’s fluctuations.
Italy’s manufacturing PMI for February came in at 47.4, exceeding expectations of 46.8, indicating a slight improvement in economic activity. Despite remaining below the critical 50 threshold, this uptick suggests resilience in the sector amidst ongoing challenges.
