Myanmar aims to export 350,000 to 380,000 tonnes of rubber in the 2025-2026 fiscal year (April 2025-March 2026), an official from the Myanmar Rubber Planters and Producers Association told Xinhua on Sunday (June 8).
Persistent deflationary pressures in China’s economy could prompt further monetary easing by the People’s Bank of China (PBOC) later this year, according to ING economists.
China's export growth slowed to a three-month low in May as U.S. tariffs slammed shipments, while factory-gate deflation deepened to its worst level in two years, heaping pressure on the world's second-largest economy on both the domestic and external fronts.
China’s car sales increased for the fourth month in a row in May, but at a slower pace compared to previous months. The rise in sales was seen across major automakers, but there are concerns about aggressive price competition in the world’s largest auto market.
U.S. wholesale inventories increased in April amid stockpiling of prescription medication in anticipation of tariffs from the Trump administration.
U.S. seaborne imports of goods from China dropped 28.5% year-over-year in May, the sharpest decline since the pandemic, as President Donald Trump's 145% tariffs took hold, supply chain technology provider Descartes (DSG.TO) said on Monday.