Oil prices gained more than 1% on Monday, trimming some of last week's losses, as the prospect of more sanctions on Russian crude after an overnight strike on Ukraine offset Opec+'s planned output increase.
The eurozone economy kept expanding at a snail's pace in August as weaker services growth offset improved manufacturing output despite the first rise in overall new orders since May last year, a survey showed on Wednesday.
President Donald Trump said on Wednesday the US might have to "unwind" trade deals it reached with the European Union, Japan and South Korea, among others, if it loses a Supreme Court tariffs case, and warned that a loss would cause the US "to suffer so greatly."
BYD has slashed its sales target for this year by as much as 16% to 4.6 million vehicles, two people with knowledge of the matter said, as the Chinese EV giant faces its slowest annual growth in five years and other signs that its era of record-setting expansion could be drawing to a close.
US job openings fell more than expected in July and hiring was moderate, consistent with easing labour market conditions.
The Federation of Malaysian Manufacturing (FMM) is projecting Malaysia’s economic growth to moderate to 3.5%-3.6% in the second half of 2025 (2H2025), reflecting both domestic and external challenges.