Prime Minister Datuk Seri Anwar Ibrahim said on Tuesday that the federal government’s debt remains within legal limits, as the administration continues to narrow the fiscal deficit and reduce its reliance on new borrowings.
New automobile sales in Japan in July fell 3.6% from a year before to 390,516 units, marking the first fall in seven months, industry data have shown.
The Bank of England is likely to deliver another interest-rate cut on Thursday, as tax hikes and wary consumers hamper Britain’s economy and prompt firms to slow hiring.
Myanmar’s military government said it remains upbeat on reaching a deal with the US to see a decrease in Trump’s new tariffs of 40% on goods from the Southeast Asian country.
Asian share markets followed Wall Street lower on Monday as fears for the US economy returned with a vengeance, spurring investors to price in an almost certain rate cut for September and undermining the dollar.