British consumers remained in a cautious mood this month ahead of possible tax increases later this year and added to their savings, according to a survey published on Friday.
Oil prices rose on Friday, buoyed by optimism over a potential trade deal between the US and the European Union (EU), and reports of Russian plans to restrict gasoline exports to most countries.
US President Donald Trump locked horns with Federal Reserve chair Jerome Powell during a rare presidential visit to the US central bank on Thursday, criticising the cost of renovating two historical buildings at its headquarters and pressing the case for lower interest rates.
New car sales in Europe fell more than 5% in June, the European Automobile Manufacturers Association (ACEA) said on Thursday, in a reflection of the global challenges faced by automakers.
Malaysia’s automotive sector took a hit in June 2025, with vehicle sales dropping sharply due to fewer working days and the impact of the festive season.
The global synthetic rubber market, valued at around USD 34.8 billion in 2025, is projected to climb to USD 42.88 Billion by 2030, growing at a CAGR of 4.21% between 2025 & 2030. This report offers a clear view into how synthetic rubber demand is being shaped by electric vehicle (EV) adoption, industrial manufacturing, and healthcare needs.