China's new energy vehicle (NEV) retail sales rebounded last week, reversing the decline seen in the first week of September.
The Federal Reserve, goaded by the risk of rising unemployment, reduced interest rates on Wednesday for the first time since December and indicated more cuts would follow to halt any slide in a labor market already experiencing higher joblessness among Blacks, a declining workweek, and other signs of weakness.
Oil prices declined for a second session on Thursday, after the Federal Reserve cut interest rates as expected and traders focused on concerns about the U.S. economy and excess supplies.
The Thai government will work with the central bank to manage the baht currency after it rose to its strongest levels in four years, and will monitor capital inflows and gold trading for any irregularities, the incoming finance minister said on Thursday.
China targets 32.3 million in auto sales for 2025, or a 3% growth from the previous year, according to a government working plan issued jointly by eight Chinese ministries and departments on September 12.
New vehicle sales in Indonesia continued to decline in August 2025, by 19% to 61,780 units from 76,302 in the same month last year, according to wholesale data compiled by the local automotive industry association Gaikindo.