Oil prices jumped 7% to their highest levels in months on Monday as Iran and Israel stepped up attacks in the Middle East, damaging tankers and disrupting shipments from the key producing region.
Malaysia’s Producer Price Index (PPI) dropped 2.9 per cent in January 2026, after recording a 2.7 per cent decrease in the previous month, according to the Department of Statistics Malaysia (DOSM).
Britain's car production fell 8.2 per cent to 65,249 units in January, as exports declined due to weak demand in key global markets, industry data showed on Friday.
China’s central bank moved on Friday to slow the pace of rapid yuan appreciation, saying it will scrap the foreign exchange risk reserves for some forward contracts in a move that would encourage dollar buying.
The number of Americans filing new applications for jobless benefits increased slightly last week and the unemployment rate appeared to hold steady in February amid a stable labor market.
Oil prices inched down on Friday and were on track for a weekly decline after the United States and Iran extended nuclear talks, easing concerns about potential hostilities that could disrupt supply, while Opec+ may resume output hike at its Sunday meeting.