China left benchmark loan prime rates (LPRs) unchanged for the seventh consecutive month in December on Monday, matching market expectations.
Oil prices gained on Monday in early Asian trading hours after the U.S. intercepted an oil tanker off the coast of Venezuela in international waters.
Asian stock markets climbed in broad-based buying on Monday, led by gains in technology shares and chipmakers amid renewed optimism around artificial intelligence, while investors also assessed China’s decision to keep key lending rates unchanged.
Recent reports from ANRPC member nations suggest that global natural rubber (NR) production is anticipated to increase modestly by 1.3% in 2025 compared to 2024, following a downward adjustment in Indonesia’s production noted in the previous publication. At the same time, NR demand is projected to rise by 0.8% in 2025, supported by a revised estimate of Indonesia’s consumption from the latest publication. Market sentiments appear to be mixed, with some signs of recovery in the tyre trade in certain regions.
Source : ANRPC
Malaysia’s exports increased 7% year-over-year in November, falling short of market expectations, according to government data released Friday.
The Bank of Japan on Friday hiked interest rates by 25 basis points as expected and said that it was prepared to raise rates further if economic conditions improved and inflation remained heady.