Japan’s economy contracted less than initially estimated in the January-March quarter, government data showed on Monday, with consumption figures revised upwards at a time when uncertainty surrounding U.S. tariffs is clouding the outlook.
Most Asian stocks rose on Monday amid optimism over high-level trade talks between China and U.S. set to take place later in the day, especially as weak Chinese inflation data underscored the impact of their trade war.
Myanmar aims to export 350,000 to 380,000 tonnes of rubber in the 2025-2026 fiscal year (April 2025-March 2026), an official from the Myanmar Rubber Planters and Producers Association told Xinhua on Sunday (June 8).
The production and sales of new energy vehicles (NEVs) in China increased by more than 30 percent year-on-year from January to November this year, with sales of NEVs making up more than 40 percent of total automobile sales for the first time, latest data showed.
Vietnam’s trade surplus with the U.S. expanded sharply in May as exports swelled and its imports from China also jumped, exacerbating sore points with Washington that could hurt Hanoi’s efforts to avoid crippling tariffs.
