Malaysia’s automotive sector took a hit in June 2025, with vehicle sales dropping sharply due to fewer working days and the impact of the festive season.
The global synthetic rubber market, valued at around USD 34.8 billion in 2025, is projected to climb to USD 42.88 Billion by 2030, growing at a CAGR of 4.21% between 2025 & 2030. This report offers a clear view into how synthetic rubber demand is being shaped by electric vehicle (EV) adoption, industrial manufacturing, and healthcare needs.
Oil prices rose on Thursday, buoyed by optimism over US trade negotiations that would ease pressure on the global economy and a sharper-than-expected decline in US crude inventories.
Shares in Asia rallied and the Australian dollar hit an eight-month high on Thursday, as optimism over earnings and trade supported demand for higher yielding assets.
US President Donald Trump suggested that he would not go below 15% as he sets so-called reciprocal tariff rates ahead of an Aug 1 deadline, an indication that the floor for the increased levies was rising.
Bad debts at Malaysian banks could rise this year and in 2026, from potential credit risks amid higher US tariffs, CGS International flagged on Thursday.