A World Bank economist said on Thursday that Malaysia should reduce tariffs for all trading partners, not just major ones like the US, because selective cuts can distort trade and reduce overall welfare.
Growth is still expected for Malaysia’s economy in 2026, albeit at a slower pace, as key indicators do not point to any imminent recession in the near term despite persistent global uncertainties, according to economists.
Severe floods in Thailand's southern region could cut rubber production in the world's largest producer by as much as 90,000 metric tons, worth 4.5 billion baht ($140 million), the national rubber authority said on Thursday.
Japan’s industrial production rose unexpectedly in October, government data showed on Friday, offering a tentative sign that manufacturing activity is stabilising after months of uneven factory output.
China's factory sector likely shrank for an eighth month in November, highlighting the dilemma facing policymakers over whether to press ahead with tough structural reforms or roll out further stimulus amid faltering domestic and external demand.
Asian stocks retreated on Friday as a rebound in technology shares lost steam, while Chinese markets were pressured by renewed concerns over a property market meltdown in the country.