*Global bits* *South Korea* plans a record $249 billion trade policy financing to support exporters, reinforcing its commitment to strengthening global trade. *China’s* January bank lending hit a record high due to policy stimulus, while its tech sector is booming, reflecting strong innovation growth. The country is also strengthening strategic resource partnerships, with Congo emerging as a key supplier of copper. *Japan’s* GDP grew at an annualized 2.8% in Q4, exceeding forecasts due to strong consumption and business spending. The government has approved new climate, energy, and industry policies through 2040 to ensure long-term sustainability. Japan’s DBJ has also partnered with Indonesia’s INA to launch a hybrid fund for mid-sized businesses. *India* aims to boost trade with the US while balancing its tariff reactions. The country’s January trade deficit aligned with expectations, and the rupee is expected to take cues from dollar movements, while bond markets focus on liquidity changes. *Indonesia* recorded a trade surplus of $3.45 billion in January, primarily driven by weak imports. The country’s parliament is set to vote on mining law amendments, which could significantly impact its resource exports. *Hong Kong* regulators have hinted at allowing cryptocurrencies as proof of wealth, signaling a shift toward digital asset adoption. *Singapore*, January exports fell 2.1% year-on-year, weaker than forecast, indicating external trade weakness. *The UK* is facing business concerns over impending tax hikes, while the housing market is beginning to slow due to recent tax policy changes. The Bank of England sees inflation slowing, though a temporary jump is expected in 2025. *European* shares have hit record highs, driven by optimism over potential peace developments in Ukraine. However, security demands continue to strain European finances, and German cities are struggling with rising costs amid a weak economy. In the *US*, Federal Reserve official Christopher Waller has warned against allowing policy uncertainty to paralyze rate decisions, indicating a proactive approach. *Commodity markets* are experiencing shifts as speculators reduce long positions in corn and soybeans. Meanwhile, BHP sees signs of economic recovery in China but remains cautious about potential trade tensions. The company has scrapped its $49 billion bid for Anglo American and is now focusing on organic growth rather than acquisitions. Source: Reuters