China's state news agency said on Tuesday some automakers were "drastically" inflating pre-sale orders, warning such a practice can mislead consumers and investors and harm the industry's future.
Asia excluding China has attracted about $100 billion in capital inflows over the past nine months as global investors diversify beyond the United States, Kevin Sneader, Goldman Sachs' president for Asia-Pacific ex-Japan, said on Wednesday.
U.S. manufacturing activity edged up in September, though new orders and employment were subdued as factories grappled with the fallout from President Donald Trump's sweeping tariffs.
The U.S. government shutdown has thrown the brakes on the flow of federal economic data at a moment of uncertainty and division among policymakers like those at the Federal Reserve about the health of the U.S. job market, the trajectory of inflation and the strength of consumer spending and business investment.
Malaysia has emerged as Asean’s top performer, with more than 35% of global corporates planning to increase or maintain trade activities with the nation, according to Standard Chartered’s Future of Trade report.
Japan will run a US$550 billion (RM2.32 trillion) US-bound investment package agreed in Tokyo's tariff deal with Washington without any impact on the foreign exchange (forex) market, its top trade negotiator Ryosei Akazawa said on Wednesday.