U.S. President Donald Trump said Sunday that Washington had reached a peace deal with Iran to immediately cease hostilities and reopen the Strait of Hormuz.
Malaysia's retail sales grew 3.7% in the first three months of the year compared to the same period in 2025, according to Retail Group Malaysia.
The Bank of Japan is set to raise interest rates to a 31-year high next week and signal its readiness to keep pushing up borrowing costs, undeterred by the absence of its governor as it focuses on countering inflation risks from the Middle East war.
Asian stocks rose sharply on Friday after U.S. President Donald Trump touted a peace agreement with Iran, while major technology and chipmaking stocks rebounded sharply from recent losses.
The number of Americans filing claims for unemployment benefits increased marginally last week, pointing to continued labor market resilience in early June.
The European Central Bank (ECB) is all but certain to raise interest rates on Thursday in the hope of nipping higher inflation in the bud before a surge in energy costs triggered by the Iran war spreads more broadly across the euro zone economy.