Oil prices were largely unchanged in Asian trading on Monday after large swings last week amid Iran supply risk worries, as attention turned to U.S. President Donald Trump’s tariff threats to Europe over his push to acquire Greenland.
Malaysia's economy likely expanded 4.9 per cent in 2025, beating the government and central bank's projections, as growth in the final quarter of the year surged on strong performances in key sectors and robust domestic demand.
China's central bank announced on Thursday cuts to sector-specific interest rates to provide an early boost to the economy, and signalled it has room this year for further reductions in banks' cash reserve requirements and for broader rate cuts.
Asian stocks were a mixed bag on Friday as technology shares advanced tracking positive earnings from chipmaking bellwether TSMC, but losses in other sectors limited overall gains.
The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, but the drop was likely due to ongoing challenges adjusting the data for seasonal fluctuations around this time of the year.
