British consumer sentiment had a marked fall for the first time in nearly three years last month, reflecting increased worries about job security, a Deloitte survey showed on Monday.
Asian shares and the yen held their ground on Monday, as Japanese elections proved bad for the government but no worse than already priced in, while Wall Street futures braced for earnings from the first of the tech giants.
Life at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon.
Oil prices barely budged on Monday, as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers, and concerns about fuel outlook as tariffs weighed on global economic growth.
Singapore plans to allocate S$1.1 billion (US$856 million or RM3.63 billion) to three asset managers, including JP Morgan Asset Management, as part of a broader effort to enhance liquidity and expand investor participation in the local stock market.
US Commerce Secretary Howard Lutnick said on Sunday that he was confident that the United States can secure a trade deal with the European Union (EU), but Aug 1 is a hard deadline for tariffs to kick in.
