Thailand’s domestic car sales surged 10.6% year-on-year in May 2026, accelerating sharply from 2.54% growth in the previous month, according to the Federation of Thai Industries (FTI).It was the third consecutive month of growth.Meanwhile, vehicle production plunged 17.94% from a year earlier to 11…
Consumer confidence in the Philippines deteriorated sharply in Q2 2026, with the indicator falling to -42.0 from -15.8 in Q1, marking its weakest reading since Q4 2020 during the COVID pandemic.Sentiment weakened as consumers anticipated higher fuel and food prices due to the Middle East conflict…
Malaysia’s producer prices rose 7.8% yoy in May 2026, accelerating from a 5.4% growth in the prior month and marking the third straight month of gain.It was also the fastest increase since June 2022, with producer-level cost pressures mounting amid persistent disruptions linked to the Middle East c…
Zhu Hexin, a deputy governor of the People’s Bank of China (PBOC) and head of China’s State Administration of Foreign Exchange (SAFE), met visiting Citigroup board chair and CEO Jane Fraser on June 26, 2026, according to 36Kr. The two sides discussed the international economic and financial situati…
China’s central bank set the interest rate on its new overnight liquidity tool at a level below expectations, according to people familiar with the matter, in a move some economists view as a de facto rate cut that could push down market borrowing costs, according to Bloomberg.
The Virtual Assets Regulatory Authority (VARA), Dubai's crypto regulator, has granted its 50th virtual asset service provider (VASP) license.On Monday, VARA said its latest approval went to tokenized assets platform Tribe Tokenisation FZE.The milestone provides one measure of the growth of Dubai's…
Staff WriterPANAMA CITY - Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, discussed with senior public and private sector officials in the Republic of Panama ways to enhance trade and investment cooperation and expand economic partnership opportunities between the two countries, in suppo…
Singapore’s domestic supply price index climbed 34.2% year-on-year in May 2026 from an upwardly revised 32.1% jump in the previous month.This marked the highest reading since records began in January 1975, driven largely by sharply higher costs for mineral fuels, lubricants and related materials (7…
China’s imports of liquefied natural gas are expected to be flat from a year earlier in June, according to ship-tracking data compiled by Kpler, as the nation boosts buying due to lower domestic gas production and as summer cooling demand peaks, according to Bloomberg.
Staff WriterSHARJAH - The Sharjah Chamber of Commerce and Industry (SCCI) reported an impressive surge in registered memberships in the first half of 2026, recording nearly 30,000 new memberships and membership renewals.According to SCCI’s data, the Sharjah Chamber signed up 2,800 new member compan…
Japan's 10-year government bond yield climbed to around 2.65% on Monday, snapping a three-session decline after data showed retail sales rose 5.3% in May, the strongest pace since November 2023, supported largely by a government stimulus package that boosted consumer spending.A string of solid econ…
China's central bank debuted its overnight reverse repo operation on Monday, setting the borrowing cost at 1.25%, people with knowledge of the matter said.The rate was 15 basis points below the seven-day reverse repo rate (CN7DRRP=PBOC) of 1.4%, which currently serves as the country's primary polic…
Car production in Thailand dropped 17.94% in May from a year earlier to 114,214 units, the Federation of Thai Industries said on Monday.Thespanfollowed an annual dip of 0.44% in April.Thailand is Southeast Asia's biggest auto production centre. It is an export base for some of the world's top carma…
Thailand's parliament began a three-day debate on Monday to discuss the government's 3.788 trillion baht ($115 billion) budget bill for the 2027 fiscal year, which lasts from October 1 this year to September 30 next year.Here are the proposed allocations, according to documents published by Thailan…
SEOUL (dpa-AFX) - South Korea's Samsung Electronics and SK Group are preparing to announce investment plans of up to 2,000 trillion won ($1.3 trillion) over the next decade, according to the Korea Economic Daily. The ambitious package will be unveiled when the groups' leaders present their strategi…
The People's Bank of China (PBoC) injected CNY 157.5 billion through seven-day reverse repos on Monday, while keeping the borrowing cost unchanged at a record low of 1.4%, with the rate serving as China's primary policy rate.The decision signaled that the central bank remains committed to an accomm…
China expanded its export-control offensive against Japan, adding 40 more entities to its blacklist in a move that signals a deepening feud with Prime Minister Sanae Takaichi’s government, according to Bloomberg.
China's central bank launched overnight reverse repo operations on Monday, a move markets interpreted as deepening its control over liquidity conditions and aligning its policy framework more closely with global peers.The People's Bank of China (PBOC) said it conducted overnight reverse repos in op…
By Pablo SinhaGold prices eased on Monday as recent U.S.-Iran strikes in the Gulf pushed oil prices higher, while expectations of U.S. Federal Reserve interest rate hikes further weighed on the non-yielding metal.Spot gold TVC:GOLD was down 0.7% at $4,061.35 per ounce, as of 0242 GMT. U.S. gold fut…
