Bank of the Philippines: Economic activity in the Philippines is expected to slow down in the second half of 2024, with the slowdown in economic growth reflecting the impact of the increase in policy interest rates.

Market news: Argentina’s Senate voted to reject Milley’s decree on economic deregulation; the decree will face a second vote in the House of Representatives.

FISKER (FSR.N) U.S. stocks rose more than 30% after the bell.

Fisker: (Responding to reports of possible bankruptcy filing) The company often works with outside advisors, and we are focused on raising additional funds and will strategically cooperate with a large automaker.

Market news: Yellen will testify on Biden’s budget in the Senate on March 21.

Hamas said the vision presented to mediators included prisoner-hostage exchange dossiers, according to a statement.

According to a related statement, Hamas said its vision is based on ending the "aggression" against the Palestinians in Gaza, providing them with relief and assistance, allowing displaced Gazans to return to their homes, and withdrawing occupying forces from the enclave.

ING: We don’t think the Fed will change policy immediately next week, but we still think it will cut interest rates by a total of 125 basis points this year, with the first rate cut expected in June.

As of the week of March 13, the balance of discount window loans provided by the Federal Reserve was $1.83 billion, and the loan balance of the Bank Term Financing Program (BTFP) was $167.463 billion.

Foreign central banks held US$3.044 billion in US Treasury bonds in the week to March 9, compared with the previous value of US$3.13 billion.

BP: An oilfield merger took place in 2015, but talks stalled after U.S. sanctions were imposed in 2019.

BP: Negotiations for the development of the Manakin-Coquina oil field coincide with the easing of U.S. sanctions on Venezuela.

BP confirmed it is in joint talks with the governments of Venezuela and Trinidad and Tobago to develop joint natural gas fields.

U.S. Department of Energy: The United States is seeking to purchase approximately 3 million barrels of oil as strategic petroleum reserves, to be delivered in September and August.

Adobe (ADBE.O) fell 7% after hours.

Adobe (ADBE.O) Q1 revenue for fiscal year 2024 was US$5.18 billion, compared with US$4.66 billion in the same period last year, and market expectations were US$5.142 billion.

French President Macron: France will provide Ukraine with 75 Caesar howitzers.