The US Labor and Commerce departments said on Monday that their statistics agencies would halt economic data releases in the event of a partial government shutdown, including closely watched employment data for September, construction spending and possibly international trade data for August.
China’s factory activity extended its decline into a sixth month, the longest slump since 2019, as the economy descends into a slowdown after a growth spurt to start the year.
Oil prices fell sharply in Asian trade on Monday as reports that OPEC+ will raise production again in November and the resumption of Kurdish oil exports to Turkey heightened concerns over a growing global supply glut.
The Federal Government has allocated RM67.62 million under the Rubber Industry Smallholders Development Authority (Risda) for the 2025 Monsoon Season Aid (BMT) in Sabah, benefiting 84,534 smallholders and tappers.
Share markets got off to a cautious start in Asia on Monday as investors braced for a possible shutdown of the US government, which would in turn delay publication of the September payrolls report and a raft of other key data.
US consumer sentiment fell in September to a four-month low on growing concerns about the impact of high prices on personal finances.