Malaysia’s total trade with BRICS member countries has reached RM818 billion, representing 35.2% of the country’s total global trade in 2024, according to the Ministry of Investment, Trade and Industry (Miti).

China's factory activity deteriorated in July, as a softening of new business growth led manufacturers to scale back production, a private-sector survey showed on Friday.

Thailand's finance minister said on Friday that the 19% tariff rate agreed with the United States will help bolster its competitiveness globally, boost investor confidence, and create opportunities for economic growth.

Japan will keep pressing the US to cut tariffs on cars and auto parts to 15% as promised in a trade deal and work to ensure the nation’s automakers remain competitive against their rivals, according to the nation’s chief trade negotiator.

Malaysia’s manufacturing conditions continued to improve in July as the slowdown in orders and production eased, suggesting that demand was stabilising.

Asian shares fell on Friday after the US slapped dozens of trading partners with steep tariffs, while investors anxiously await US jobs data that could make or break the case for a Fed rate cut next month.