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Sri Lanka signs $2.5b debt deal with Japan
Sri Lanka signs $2.5b debt deal with Japan
by  AFP

Sri Lanka signed a deal with Japan Friday to restructure $2.5 billion in loans, marking the first agreement with bilateral creditors who had pledged debt relief to the cash-strapped nation last year. Formal agreements were delayed due to protracted negotiations, making Friday’s deal with Japan the first with an official creditor of the South Asian nation.

Now a believer, Trump hosts White House crypto summit
Now a believer, Trump hosts White House crypto summit
by  AFP

Donald Trump on Friday hosts top cryptocurrency players at the White House, a political boost for an industry that has struggled to gain legitimacy -- and where the Republican president faces conflict of interest concerns. In a post on X, Sacks said the event would take place as a roundtable, and despite industry interest, the White House would have to "keep it small."

Apple step closer to seeing end of Indonesia iPhone sales ban
Apple step closer to seeing end of Indonesia iPhone sales ban
by  AFP

Indonesia approved local certificates for more than a dozen Apple products on Friday, the industry ministry said, moving the tech giant a step closer to having a ban lifted on iPhone sales in Southeast Asia's biggest economy. "We have issued local content requirement certificates for 20 Apple products," Industry Ministry spokesperson Febri Hendri Antoni Arief said in a statement.

China's exports start year slow as US trade war intensifies
China's exports start year slow as US trade war intensifies
by  AFP

China's exports grew slower than expected in the first two months of the year, official data showed Friday, as a deepening trade war with the United States piles on economic malaise. Exports in US dollar terms in January and February combined grew 2.3 percent compared to the same period last year, official data from China's customs administration showed Friday.

Asian stocks, bitcoin down as trade uncertainty roils markets
Asian stocks, bitcoin down as trade uncertainty roils markets
by  AFP

Asian stocks tumbled at the open Friday following a tough day on Wall Street as uncertainty over US President Donald Trump's trade policies roiled markets and traders awaited key US jobs data. Traders were looking ahead to Friday's US jobs report for February, a key indicator of economic health.