CGS International Securities Malaysia Sdn Bhd has revised its forecast for Malaysia’s gross domestic product (GDP) growth in 2025 higher to 4.7 per cent year-on-year (y-o-y) from 4.2 per cent, driven by the GDP growth momentum in the third quarter of 2025 (3Q 2025).
China’s economy grew slightly more than expected in the third quarter of 2025, but at its slowest pace in a year amid persistent headwinds from rampant disinflation and U.S. trade tensions.
Asian stocks extended strong gains on Tuesday, buoyed by easing U.S.-China trade tensions and a robust Wall Street lead, while Japanese shares maintained record levels as fiscal dove Sanae Takaichi won the lower house vote to become the country’s prime minister.
For September, the Global Light Vehicle (LV) selling rate remained broadly in line with July and August, standing at 94 million units/year. In year-on-year (YoY) terms, the market grew 7% as sales reached 8.1 million units globally. Year-to-date (YTD), 67 million vehicles have been sold, up 5% from the same period in 2024.
The 20-day federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday.
The number of Americans filing new applications for jobless benefits fell last week, economists at JPMorgan and Goldman Sachs estimated on Thursday, but lackluster hiring has left many on unemployment rolls.