The dollar headed for its first weekly gain since mid-March on Friday, after China granted some exemptions to U.S. imports, raising expectations that the trade war between the world’s two largest economies may be closer to abating.
Thailand’s exports rose for a ninth straight month in March and more than expected, reaching the highest level in three years, although steep U.S. tariffs remain a concern, the commerce ministry said on Thursday.
Indonesia’s foreign direct investment in the first three months of 2025 reached 230.4 trillion rupiah ($13.67 billion), up around 12.7% year-on-year in rupiah terms, investment minister Rosan Roeslani said on Wednesday.
Indonesia’s economic growth this year will likely stay around 5% despite trade tensions, its finance minister said on Thursday, stressing a government delegation was still negotiating terms with Washington to try to avoid high tariffs.
Malaysia will need to mark down its growth forecast of 4.5% to 5.5% for the year due to trade and tariff uncertainties, its central bank governor said.
European Union exports to the United States increased by 22.4% in February compared to the previous year, Eurostat data showed on Wednesday, marking the highest exports growth rate in 13 months and totalling 51.8 billion euros.
