Malaysia’s inflation increased by 1.2 per cent to 134.7 in July 2025 from 133.1 in the same month last year, according to the Department of Statistics Malaysia (DOSM).
The export value of Malaysia’s rubber glove sector hit RM6 billion for the period of January to May 2025, said Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani.
The United States and the European Union on Thursday locked in a framework trade deal reached last month that includes a 15% US tariff on most EU imports, including autos, pharmaceuticals, semiconductors and lumber.
US business activity picked up pace in August, led by a resurgent manufacturing sector that saw the strongest growth in orders in 18 months, a purchasing managers survey showed on Thursday.
Stocks in Asia edged higher in a shaky start on Friday as anxious traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium.
The pace of Japan’s consumer inflation stayed well above the Bank of Japan’s 2% target even as price growth moderated, supporting market speculation that the central bank will hike its benchmark interest rate again this year.
