Oil prices were steady in Asian trading on Tuesday after sharp gains in the previous session, fueled by supply concerns following President Donald Trump’s announcement of a shortened deadline for Russia to end the war in Ukraine.
The automotive industry appears set for a more subdued second half of the year (2H25), on the back of persistent margin pressures, moderating demand and fierce price competition, analysts say.
Infineon Technologies’ mega investment has not only positioned Malaysia as a global semiconductor manufacturing hub, but will also generate 1,500 high-income jobs for Malaysians, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Malaysia’s producer price index (PPI), which measures price changes at the producer level, went down further by 4.2% in June, after a 3.6% decline in the previous month, said the Department of Statistics Malaysia on Monday.