Core consumer prices in Tokyo rose 1.7 per cent in March from a year earlier, data showed on Tuesday, staying below the central bank's 2 per cent target for a second straight month as the effect of fuel subsidies offset rising costs from a weak yen.
Malaysia's economy is on track to grow faster in 2026 than initially projected, the central bank said on Tuesday, despite trade disruptions and higher fuel prices caused by the conflict in the Middle East and U.S. tariffs.
Shares of Malaysian glove manufacturers rebounded on Monday, with Top Glove Corporation Bhd (KL:TOPGLOV) leading gains, as higher average selling prices (ASPs) initiated by Chinese producers lifted sentiment across the sector.
BYD is "highly confident" of reaching its 2026 overseas sales target of 1.5 million vehicles or even higher, the company told analysts during its post-earnings call on Monday.
Brent crude could surge to $200 a barrel, pushing U.S. gasoline prices to around $7 a gallon, if the Iran conflict drags on through the end of June and the Strait of Hormuz remains largely closed to shipping traffic, Macquarie strategists warned in a note.
Oil prices rose for a fourth day on Tuesday, with Brent crude poised for its largest monthly gain on record and U.S. crude futures set for their strongest monthly increase since 2020, because of supply constraints from the widening Middle East war.