The U.S. trade deficit in goods narrowed in February, but the fall reversed only a fraction of the surge to a record high in January, suggesting that trade would again weigh on economic growth in the first quarter.

High global commodity prices have helped Indonesia book a strong fiscal position, but its budget will face pressure from inflationary shocks in coming months as the government keeps fuel prices steady, the finance minister said on Monday.

WASHINGTON (Reuters) -The U.S. trade deficit in goods narrowed in February after setting a record high in the prior month as exports rebounded, but any lift to economic growth this quarter could be offset by businesses slowing their pace of inventory accumulation.

Thailand's economy could grow 3.0%-3.5% this year, less than an earlier forecast due to soaring oil prices driven by the Russia-Ukraine war, and the key interest rate should remain low to underpin recovery, the finance minister said on Monday.

Thailand's economy could grow 3.0%-3.5% this year, less than an earlier forecast due to soaring oil prices driven by the Russia-Ukraine war, and the key interest rate should remain low to underpin recovery, the finance minister said on Monday.

LONDON (Reuters) -Oil prices tumbled more than $5 on Monday as fears over weaker fuel demand in China grew after financial hub Shanghai lockdown efforts to curb a surge in COVID-19 infections.