China's economic growth is likely to rebound to 4.9% in 2023, before steadying in 2024, a Reuters poll showed, as policymakers pledge to step up support for the COVID-ravaged economy.
Asian shares edged higher on Monday as investors waited nervously to see whether the Bank of Japan (BOJ) would defend its super-sized stimulus policy at a pivotal meeting this week, while a holiday in U.S. markets made for thin trading.
The dollar fell to a seven-month low against major peers on Monday while the yen spiked to an over seven-month peak as traders ramped up bets that the Bank of Japan may make further tweaks to its yield control policy at its meeting this week.
Japanese factory gate inflation grew more than expected in December, data showed on Monday, sticking to its highest level in 42 years as local producers continued to grapple with high import costs and a weakened yen.
UMW Holdings Bhd racked up record sales of 383,054 vehicles in 2022, 46% higher than the 262,685 vehicles sold in 2021, which was affected by the full movement control order.
The Ministry of Plantation and Commodities (KPK) and the Malaysian Rubber Board (LGM) will work with relevant ministries and agencies in creating a more strategic policy to safeguard the welfare of rubber tappers and smallholders.
