Japan’s exports rose for a fourth straight month in December thanks to solid data centre-related demand, government data showed on Thursday, but a decline in shipments to the U.S. cast doubts over whether growth could be sustained in coming months.
Sales of Chinese sedans and SUVs in Europe will peak at a market share of between 12 and 15% between 2030 and 2035, which may well be a relief to European manufacturers currently reeling from the current pace of competition.
Most Asian stocks rose on Thursday, tracking overnight gains in Wall Street as investors welcomed cooling tensions over U.S. demands for Greenland, with South Korean shares outperforming and hitting a record high.
.S. President Donald Trump abruptly stepped back on Wednesday from threats to impose tariffs as leverage to seize Greenland, ruled out the use of force and suggested a deal was in sight to end a dispute over the Danish territory that risked the deepest rupture in transatlantic relations in decades.
Oil prices edged up on Thursday, after U.S. President Donald Trump ratcheted down tension with Europe over his demand for Greenland, while disruptions in supply from two large fields in Kazakhstan and a better demand outlook for 2026 lent support.
The International Monetary Fund (IMF) has raised its projection for Malaysia's real gross domestic product (GDP) growth to 4.3% for both 2026 and 2027, representing an upward revision of 0.3 percentage points.