Auto sales in Europe fell significantly in January, with slower sales from Volkswagen, Hyundai, Kia and the Renault Group’s budget brand Dacia shrinking the market.
The Bank of Japan may raise interest rates as soon as March if the yen renews its slide ahead of a U.S.-Japan summit expected to be held during the month, former central bank board member Makoto Sakurai told Reuters.
Asian stocks were a mixed bag on Monday as heightened uncertainty over U.S. President Donald Trump’s trade tariffs weighed on risk appetite, while holidays in China and Japan kept trading volumes slim.
United States President Donald Trump has doubled down on his new global tariffs, raising them from 10 percent to 15 percent, days after the Supreme Court struck down his sweeping levies on imports.
Goldman Sachs raised its Brent and West Texas Intermediate crude forecasts for the fourth quarter of 2026 by $6 to $60 and $56 respectively, citing lower OECD stocks, even as it continued to assume no Iran-related supply disruption and maintained its view of a surplus this year.
Malaysia’s new vehicle market rebounded by 27% to 64,298 units in January 2026, from weak year-earlier sales of 50,449 units, according to registration data released by the Malaysian Automotive Association (MAA). The market benefited from additional working days last month compared with last year due to the timing of the Lunar New Year, which this year fell in February.