New car sales in Europe rose 5.9% in July as a jump in Germany outweighed drops in Britain, France and Italy, European Automobile Manufacturers Association data showed on Thursday.
Thailand’s manufacturing production index in July dropped for the first time in four months to reach its lowest level in nearly two years, the industry ministry said on Thursday, weaker than forecast after falling car production.
New York Federal Reserve Bank President John Williams indicated on Wednesday that interest rates could decrease at some point, but emphasized that upcoming economic data will determine if a rate cut is appropriate at the September 16-17 meeting.
Oil prices fell on Thursday after rising in the previous session as investors weighed expectations for lower U.S. fuel demand with the end of the summer demand season nearing and focused on India’s response to punitive U.S. tariffs.
Most Asian stocks rose marginally on Thursday with technology shares treading water as investors digested somewhat mixed earnings from artificial intelligence major Nvidia Corp.
MALAYSIA is strengthening its rubber sector to withstand global trade headwinds and secure long-term competitiveness, with a focus on industry consolidation, technology adoption and diversified markets.