News

Indian Trade Secretary: The government may issue more quality control orders to support exports. India hopes to improve the quality of Indian exports through mandatory standards.

Indian Trade Minister: The India-US interim trade agreement is expected to take effect in April.

South Korea's Ministry of Foreign Affairs: South Korea and Canada will hold a meeting of defense ministers and foreign ministers on February 25.

UK public sector net borrowing in January was -30.366 billion pounds, expected -23.8 billion pounds, and the previous value was 11.6 billion pounds.

The shortfall in UK government balance in January was -59.306 billion pounds, with the previous value revised from 16.9 billion pounds to 16.84 billion pounds.

Germany's PPI monthly rate recorded -0.6% in January, the largest decline since April 2025.

UK retail sales recorded a seasonally adjusted monthly rate of 1.8% in January, the largest increase since May 2024.

Germany’s PPI monthly rate in January was -0.6%, expected to be 0.30%, and the previous value was -0.20%.

Germany's PPI annual rate in January was -3%, expected -2.1%, and the previous value -2.50%.

The UK's January seasonally adjusted core retail sales rate was 2% on a monthly basis, compared with expectations of 0.30% and the previous value of 0.30%.

The UK's January seasonally adjusted annual retail sales rate was 4.5%, which was expected to be 2.80%. The previous value was revised from 2.50% to 1.9%.

The UK's January seasonally adjusted core retail sales annual rate was 5.5%, expected to be 3.60%. The previous value was revised from 3.10% to 2.5%.

The UK's seasonally adjusted monthly retail sales rate in January was 1.8%, expected to be 0.20%, and the previous value was 0.40%.

Germany's January PPI monthly rate, the UK's January public sector net borrowing, and the seasonally adjusted monthly retail sales rate will be released in ten minutes.

The U.S. Ambassador to India: We are actively negotiating with the Indian Ministry of Energy on the export of Venezuelan oil to India.

US Ambassador to India: On the issue of Russian oil, we see India diversifying.

Market news: As the United States continues to pressure India to reduce its purchases of Russian crude oil, India's crude oil imports from Saudi Arabia are expected to increase to 1 million to 1.1 million barrels per day this month, the highest level since November 2019.

Japanese Prime Minister Takaichi Sanae: I hope that discussions on constitutional amendments can be accelerated and public discussions can be more in-depth.

Japanese Prime Minister Takaichi Sanae: Will review rules for land acquisition by foreigners.

Hong Kong robot concept stocks rose sharply collectively, with Yuejiang (02432.HK) rising by more than 21% and Youbixuan (09880.HK) rising by 6.59%.