For the full year of 2025, China's auto sales are expected to exceed 34 million units, with new energy vehicle (NEV) sales expected to reach 16 million units, according to a senior industry association official.
China's factory activity shrank for an eighth month in November while services cooled, highlighting the dilemma facing policymakers over whether to press ahead with tough structural reforms or roll out more stimulus to lift domestic demand.
Sales on Black Friday rose from a year earlier, according to a key data provider — a sign that US consumers are continuing to spend despite persistent economic concerns.
Opec+ will stick with plans to pause production increases during the first quarter, amid growing signs of a surplus in global oil markets.
A World Bank economist said on Thursday that Malaysia should reduce tariffs for all trading partners, not just major ones like the US, because selective cuts can distort trade and reduce overall welfare.
Growth is still expected for Malaysia’s economy in 2026, albeit at a slower pace, as key indicators do not point to any imminent recession in the near term despite persistent global uncertainties, according to economists.
