Singapore's economy grew 5.7 per cent in the fourth quarter from a year earlier, preliminary government data showed on Friday.
China’s factory activity unexpectedly grew in December, snapping a record eight straight months of decline, lifted by a rise in pre-holiday orders as officials seek to spur the US$19 trillion economy’s manufacturing sector without worsening deflation.
Asia’s factory powerhouses closed 2025 on a firmer footing, with activity swinging back to growth in several key economies as export orders picked up, helped by new product launches.
Asian stock markets opened the new year higher on Friday, with Hong Kong and South Korea leading gains on a rally in technology shares, while holiday closures in key markets kept trading volumes subdued.
China has adjusted its cash-for-clunkers programme that could impact lower-priced brands such as BYD Co, potentially reducing the boost to new car sales next year.
