Japanese business sentiment soured in April-June for the first time in four quarters, a government survey showed on Thursday, a sign of growing economic pain from the Middle East conflict.
At a time when electric vehicle sales growth in China has been slowing, BYD expects the country’s EV market to expand — quite in contrast to smaller rival Nio that recently said the industry’s “golden era” was over.
U.S. President Donald Trump ordered a new wave of military strikes against Iran on Wednesday, while warning of more attacks on the country.
The U.S. budget deficit for May fell $23 billion or 7% to $293 billion due largely to prior-year calendar shifts in benefit payments as both outlays and receipts fell, with the latter taking a big hit from refunds of President Donald Trump's emergency tariffs, the Treasury Department said on Wednesday.
Malaysia’s approved investments dipped marginally by 0.2% to RM92.8 billion in the first quarter of 2026 from RM93 billion a year earlier but the projects are expected to create sharply more jobs, helped by stronger domestic investment and data centre-related approvals.
Indonesia is discussing carve-outs from sweeping new export controls that could allow commodity traders to sidestep all or part of the rules in exchange for investments in the country and joint ventures with a newly established state body.