Oil prices fell in volatile trade on Thursday amid heightened speculation over whether the U.S. will become involved in the Israel-Iran conflict, with a recent run-up in crude also facing some resistance from a stronger dollar.
The ongoing tensions in the Middle East are unlikely to pose a significant threat to Malaysia's economy due to its minimal direct trade exposure to the region, according to CIMB Securities.
Thailand’s exports rose by their fastest annual rate in more than three years in May, beating expectations after shipments to the United States soared, and the commerce minister said on Wednesday (Jun 18) that they would continue to perform well in 2025.
Japan's exports fell for the first time in eight months in May, data showed on Wednesday, indicating that sweeping US tariffs were threatening the country's fragile economic recovery.
China’s trade-in subsidy to boost sales of electric and fuel-efficient vehicles has been suspended in key cities across at least six provinces as funds run short and officials scrutinise the prevalence of "zero-mileage" used cars.
Asian stock markets were mixed on Wednesday, as Hong Kong led losses amid rising geopolitical tensions over possible U.S. involvement in the Israel-Iran conflict, while Japan’s Nikkei advanced to a four-month high on a weaker yen.