Most Asian stocks and currencies surged on Monday, with the Indonesian rupiah and Malaysian ringgit leading gains, after Federal Reserve Chair Jerome Powell's dovish Jackson Hole signals last week boosted appetite for riskier regional assets.
Bank Negara’s international reserves rose to US$122bil as at Aug 15, up from US$121.3bil as at July 31.
Malaysia’s inflation increased by 1.2 per cent to 134.7 in July 2025 from 133.1 in the same month last year, according to the Department of Statistics Malaysia (DOSM).
The export value of Malaysia’s rubber glove sector hit RM6 billion for the period of January to May 2025, said Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani.
The United States and the European Union on Thursday locked in a framework trade deal reached last month that includes a 15% US tariff on most EU imports, including autos, pharmaceuticals, semiconductors and lumber.
US business activity picked up pace in August, led by a resurgent manufacturing sector that saw the strongest growth in orders in 18 months, a purchasing managers survey showed on Thursday.