News

German chemical industry lobby group VCI: The unblocking of the Suez Canal will lead to a reduction in shipping rates.

German chemical industry lobby group VCI: The resumption of shipping through the Suez Canal is a positive sign.

Spanish Defense Minister: Russia will not accept personnel participating in peacekeeping missions.

India’s Power Minister: It is expected that by 2047, India’s per capita electricity demand will triple its current level.

India’s Power Minister: India’s investment in the power sector will reach US$450 billion in the next seven years.

Fitch: If the conflict in Greenland leads to a rift in NATO, a one-notch geopolitical risk adjustment could be applied to the ratings of fragile European countries.

Canadian Foreign Minister: A Canadian citizen was killed in Iran.

BlackRock CEO Fink: The U.S. economy will grow “above trend” in the next few years.

Spotify shares rose 2.8%; the company has raised subscription prices in the United States, Estonia and Latvia since February.

U.S. stocks opened, with the Dow Jones Industrial Average up 100 points, the S&P 500 Index up 0.64%, and the Nasdaq Composite Index up 0.88%. Star technology stocks generally rose, with ASML (ASML.O) rising 6.8% and its total market value exceeding US$520 billion; TSMC (TSM.N) rising 4% and Micron Technology (MU.O) rising 3%. The Nasdaq China Golden Dragon Index rose 0.1%.

U.S. President Trump’s administration is expected to finalize biofuel blending quotas for 2026 in early March, sources said.

Mexican President Sheinbaum: We have not yet received an electoral reform proposal.

A U.S. appeals court has ruled that a judge did not have the authority to order the release of pro-Palestinian activist Mahmoud Khalil.

Market news: A Russian attack damaged a Maltese-flagged vessel.

Market news: Russian missiles struck the port of Chernomorsk in Ukraine.

Federal Reserve Governor Barr will join a panel discussion on "stablecoins" in ten minutes.

Federal Reserve's Bostic: The Fed's independence allows us to remain patient.

Mexican Economy Minister Ebrard: Mexico's auto exports to the US will decline by less than 3% by 2025.

Federal Reserve's Bostic: Due to excessively high inflation, a tight monetary policy needs to be maintained.

Federal Reserve's Bostic: The government shutdown distorted the data until April or May (when it will not be eliminated).