Japan’s top trade negotiator plans to leave for the US on Tuesday as Tokyo aims to urge Washington to proceed with a cut to tariffs on cars as promised in last month’s trade deal.
Indonesia’s second-quarter growth unexpectedly accelerated to the fastest pace in two years, with exports and investment helping an economy that’s beset by weak loan growth and mass job losses in manufacturing.
Prime Minister Datuk Seri Anwar Ibrahim said on Tuesday that the federal government’s debt remains within legal limits, as the administration continues to narrow the fiscal deficit and reduce its reliance on new borrowings.
New automobile sales in Japan in July fell 3.6% from a year before to 390,516 units, marking the first fall in seven months, industry data have shown.
The Bank of England is likely to deliver another interest-rate cut on Thursday, as tax hikes and wary consumers hamper Britain’s economy and prompt firms to slow hiring.