China kept its benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations, following the central bank's decision to hold a main policy rate steady last week.
Asian stocks were a mixed bag on Monday, with Japanese shares rebounding from prior losses despite a hawkish Bank of Japan, while Indian technology stocks slid on U.S. President Donald Trump’s crackdown against a major work visa category.
Oil prices gained in Asian trade on Monday supported by geopolitical tension in Europe and the Middle East, although the prospect of more oil supply and concern about the impact of trade tariffs on global fuel demand weighed.
The narrative surrounding natural rubber is broken and has created a negative perception of it.
The outlook for the rubber glove industry continues to be cautious, although analysts across the board agree that it has now bottomed out as most industry players persisted to sustain the bounceback by recording profitability in their latest quarterly results. With global macro factors such as US tariffs and the business policies of Chinese manufacturers who are constantly on the lookout for new markets posing as potential banana skins, local glove companies have been keeping on their toes to ensure they remain in the black.
Source : Thestar.com.my
Malaysia’s trade performance hit record highs for January–August 2025, with total trade up 3.8% year-on-year (y-o-y) to RM1.977 trillion. The Investment, Trade and Industry Ministry (MITI) said exports rose 3.9% to RM1.032 trillion, surpassing the RM1 trillion mark a month earlier than in 2024, while imports grew 3.6% to RM945.62bil, resulting in a trade surplus of RM86.07bil.
Source : Thestar.com.my