Oil prices were little changed on Friday but were on track to snap a two-week losing streak as hope for immediate peace between Russia and Ukraine dimmed, increasing the risk premium demanded by oil sellers.
The latest trade data released on Tuesday point to challenging times ahead – not just for the country’s exporters but also the domestic economy.
Even as vehicle sales are expected to fall this year, automotive players in Malaysia also face price competition from China brands that will weigh on margins, analysts say.
Japan's manufacturing activity contracted for the second month in August as U.S. tariffs weighed on overseas demand, a private-sector survey showed on Thursday.
Yields on Japan’s super-long government bonds climbed to multi-decade highs, driven by persistent concerns over fiscal expansion and fading demand from key investors.
Car sales in Indonesia are down by 18.4 per cent year-on-year this July despite growing sales of battery electric vehicles (BEVs). Data from the Indonesia Automotive Industries (GAIKINDO) revealed that a total of 60,552 new vehicles were sold last month, down from 74,230 units sold in the same month last year.