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China February New Loans Drop to 900 Billion Yuan, Miss Forecasts
China's banks extended 900 billion yuan ($130 billion) in new yuan loans in February, plunging from 4.71 trillion yuan in January and missing analysts' forecasts, according to Reuters calculations based on data released by the People's Bank of China (PBOC). Analysts polled by Reuters had expected new yuan loans would stand at 979 billion yuan last month. The PBOC does not provide monthly breakdowns. Reuters calculated the February figure based on the bank's January-February data released on Friday, compared with the January figure. Outstanding yuan loans grew 6.0% in February from a year earlier, ... (full story)
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Employment declined by 84,000 (-0.4%) in February and the employment rate fell 0.2 percentage points to 60.6%. The unemployment rate increased 0.2 percentage points to 6.7%. Employment fell among youth aged 15 to 24 years old (-47,000; -1.7%) and men in the core working age of 25 to 54 years old (-41,000; -0.6%). Employment was little changed for core-aged ...
*TRUMP: WE'RE DOING WELL ECONOMICALLY WITH CHINA *TRUMP ON CHINA: WE'VE HAD A GOOD RELATIONSHIP Trump: The economy will bounce right back when the Iran war is over. Trump: Reports of long lines for gas in China are correct. 
Trump says Iran war will 'not last long' United States President Donald Trump expressed his belief that the military conflict in Iran will be over soon. In an interview with Fox News Radio on Friday, the US president said the country's economy will "bounce back" once the war is over, which he expects will not take long. When asked when exactly the war would end, Trump said he would "feel it in his bones." Regarding the ongoing conflict, Trump also claimed that the current regime in Iran will fall, but added that it might not happen "immediately."
Trump says Iran war will 'not last long' United States President Donald Trump expressed his belief that the military conflict in Iran will be over soon. In an interview with Fox News Radio on Friday, the US president said the country's economy will "bounce back" once the war is over, which he expects will not take long. When asked when exactly the war would end, Trump said he would "feel it in his bones." Regarding the ongoing conflict, Trump also claimed that the current regime in Iran will fall, but added that it might not happen "immediately."
FRANCE AND ITALY OPEN TALKS WITH IRAN IN HOPE OF SECURING SAFE HORMUZ PASSAGE: FT
