Vietnam exported approximately 766,000 tonnes of rubber worth US$1.05 billion in the first six months of 2023, down 2.6% in volume and down 22.9% in value against the same period last year, according to the General Department of Vietnam Customs.
Most Asian stocks fell on Thursday, tracking a decline in U.S. markets as the minutes of the Federal Reserve’s June meeting presented a hawkish outlook, while weak economic signals and fears of a Sino-U.S. trade war also weighed.
Bank Negara Malaysia (BNM) can afford to be more gradual in increasing the overnight policy rate (OPR) after raising the interest rate by 25 basis points to 3% following its Monetary Policy Committee (MPC) meeting in May, said an economist.
A total of 96% of Japanese companies intend to remain in Malaysia, with half of them wanting to expand their business in the country, said Prime Minister Datuk Seri Anwar Ibrahim.
Japan’s biggest maritime port was crippled by an alleged Russian cyberattack, disrupting cargo as operators rushed to prevent a wider delay in shipments.
New vehicle sales in the US for top global automakers rose in the second quarter on improving supply and strong demand, signalling that rising interest rates have not yet had a meaningful impact on purchases.