U.S. retail sales increased more than expected in November as motor vehicle purchases rebounded and households boosted spending elsewhere, suggesting the economy maintained its strong pace of growth in the fourth quarter.

Malaysia's monetary policy is expected to gain greater flexibility in 2026, following the Fiscal Responsibility Act, which lowers the budget deficit cap to 3.0 per cent from 3.5 per cent in 2025.

China’s trade balance grew mostly in line with expectations in November, supported chiefly by strong exports as overseas demand for Chinese goods remained strong despite increased geopolitical ructions. 

Japanese stocks led gains in Asia on Wednesday, racing to fresh highs on growing optimism over more fiscal stimulus from Tokyo.

President Donald Trump criticized the Federal Reserve’s approach to interest rates during a speech at the Detroit Economic Club on Tuesday.

U.S. new-vehicle sales totaled 16.2 million units in 2025, marking a 2.4% increase from 2024, according to the NADA. The gain came despite major policy disruptions, including tariffs on imported vehicles and parts and the expiration of federal electric vehicle tax credits.