The IMF said on Thursday it was closely monitoring the latest U.S. tariffs announcements, saying uncertainty about the global economic outlook remained high and urged countries to work constructively to facilitate a stable trade environment.
Japan’s June core inflation likely slowed but remained above the central bank’s 2% target, a Reuters poll showed, keeping it under pressure to resume interest rate hikes as U.S. trade tariffs threaten an already fragile economy.
China’s export growth likely edged higher in June, buoyed by exporters rushing to front-load shipments on fears that a fragile trade truce with the United States could unravel and see President Donald Trump reinstate extra tariffs on Chinese goods.
The U.K. economy contracted for the second quarter in a row in May, failing to significantly rebound after the previous month’s sharp contraction, and pressuring the Bank of England to ease monetary policy once more.
Malaysia is unlikely to achieve its Gross Domestic Product (GDP) growth forecast target due to the current economic uncertainty, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Natural Rubber (NR) production increased by 24.9 per cent in May 2025 (22,494 tonnes) as compared to April 2025 (18,008 tonnes). Year-on-year comparison showed that the production of NR decreased by 12.2 per cent (May 2024: 25,608 tonnes). Production of NR in May 2025 for Malaysia was mainly contributed by smallholders sector (85.4%) as compared to estates sector (14.6%).