Most Asian stocks rose on Monday with Chinese AI shares in the lead on growing optimism over the sector, although bigger advances were held back by growing geopolitical and macroeconomic risks.
U.S. consumer sentiment perked up in early January, but households continued to worry about inflation and a weakening labor market, a survey showed on Friday.
Oil prices are likely to drift lower this year as a wave of supply creates a market surplus, although geopolitical risks tied to Russia, Venezuela and Iran will continue to drive volatility, Goldman Sachs said in a note on Sunday.
Oil prices held largely steady in Asian trading on Monday as investors weighed the risk of supply disruptions from escalating unrest in Iran against the prospect of additional barrels returning to the market from Venezuela.
The Sabah Rubber Industry Board (LIGS) today launched its V2050 Strategic Direction Plan, a policy document to guide the transformation of the state’s rubber industry towards becoming modern, competitive and inclusive by 2050.
Most Asian stock markets edged up on Friday, tracking a mixed finish on Wall Street overnight as investors stayed cautious ahead of key U.S. jobs data that could shape expectations for future Federal Reserve interest rate cuts.
