The World Trade Organization sharply lowered its 2026 forecast for global merchandise trade volume growth to 0.5% on Tuesday, citing expected delayed impacts from US President Donald Trump's tariffs.
The US is one week away from imposing port fees on certain vessels with links to China, a move expected to cost the top 10 carriers US$3.2 billion next year as US President Donald Trump seeks to address China's growing dominance on the high seas.
Wall Street traders sent stocks lower after a series of all-time highs spurred calls for a breather amid signs of buyer exhaustion. Bonds rose as a US$58 billion Treasury sale drew solid demand.
Asian stocks are set for a sluggish open after Wall Street shares took a breather from notching a series of all-time highs.
The government has allocated RM38.3 million this year to reactivate rubber plantations under the Abandoned Rubber Programme (PGT).
Indian dealers' auto sales grew 5.2% year-on-year in September, with upbeat growth across two-wheelers and passenger vehicles, as tax cuts boosted demand during the festive season, the Federation of Automobile Dealers Associations said on Tuesday.