Oil prices edged higher on Thursday, recovering from losses in the previous session, as markets assessed the latest US proposals to end the war in Ukraine and prepared for a US deadline to cease operations with two major Russian oil firms.
The Bank of Japan (BOJ) must continue to normalise monetary policy by raising real interest rates to "a state of equilibrium" to avoid creating unintended distortions in the future, board member Junko Koeda said on Thursday.
US officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centrepiece of President Donald Trump’s economic agenda.
Taiwan stocks bounced back and South Korean shares reclaimed the key 4,000 level on Thursday, after chip titan Nvidia's encouraging results eased worries about a likely AI bubble that had recently gripped global markets.
Vietnam’s car sales surged by 24 per cent in October month-over-month. Local carmaker VinFast continued to dominate the market, setting their second sales record this year.
Prinx Chengshan Holdings Limited, through its subsidiary Prinx Tire (Malaysia) Sdn Bhd (PTM), will invest RM2.6 billion over 15 years to build a tyre manufacturing plant at Kedah Rubber City (KRC), becoming the industrial park's first anchor investor.