Goldman Sachs on Monday raised its projection for U.S. interest rates in 2025 to three-quarter-point cuts because of muted tariff effects and labor market weakness.

The tariffs introduced as part of the Trump’s administration’s trade policies have created all kinds of oddities in the global data, and UBS has dissected the impact on global confidence and growth. 

Oil prices fell 1 per cent on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August boosted the supply outlook.

Malaysia recorded a net inflow of foreign direct investment (FDI) totalling RM51.5 billion in 2024, up from RM38.6 billion in the preceding year, according to Department of Statistics Malaysia (DOSM).

Malaysia's total trade in services rose by 14.6 per cent to RM497.4 billion last year from RM434.0 billion in 2023, contributing 25.8 per cent to the gross domestic product (GDP) at current prices.

Most Asian stocks ticked lower on Thursday as investors monitored the Israel-Iran ceasefire and approached the looming U.S. tariff deadline with caution, while Japanese stocks bucked the trend, rising on tech gains fueled by Nvidia’s record high overnight.