Thailand’s economy expanded faster than expected in the second quarter as exports gained ahead of the imposition of higher US tariffs, helping counter slowing tourism and a generally moribund domestic economy.
Car sales in China rose 14.7% year-on-year to 2.59 million units in July 2025, according to data from the China Association of Automobile Manufacturers (CAAM). It follows a 13.8% rise in June.
Domestic latex production still falls short of fulfilling the demands of the latex-based product industry, which represents 75% of the country’s rubber-based product exports.
Applications for US unemployment benefits edged lower last week, suggesting employers remain reluctant to lay off workers.
US wholesale inflation accelerated in July by the most in three years, boosted by a surge in margins that indicates companies are not absorbing higher import costs related to tariffs.
Japan’s economy expanded faster than expected last quarter, led by solid domestic demand, boosting the case for the Bank of Japan (BOJ) to raise its benchmark rate again this year, while giving embattled Prime Minister Shigeru Ishiba some rare good news.