Looming US-China trade talks lift Asian stock markets; China cuts interest rates – business live

People’s Bank of China says interest rate cut due to global uncertainty and ‘trade tensions’ In Germany, factory orders jumped more than expected in March, in the run-up to Donald Trump’s trade tariff announcements.Orders rose by 3.6% between February and March, according to the federal statistics office, beating analysts’ expectations of a 1.3% increase. Stripping out major orders, demand was up by 3.2%.Don’t read too much into this month’s increase. Unfortunately the recovery so far is nothing more than a flash in the pan. Unpredictable US economic policy will continue to be a burden for the time being and stands in the way of dynamic growth in 2025. Continue reading...

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