Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said this is based on preliminary analysis by the ministry.

US consumer spending’s surprising resilience is the main reason the economy has not only avoided recession, but continued to grow at a solid clip. The big question now is whether American households can keep that going, especially with higher, tariff-fueled prices coming down the pike.

India has proposed lowering the Goods and Services tax (GST) on small cars to 18 per cent from the current 28 per cent as part of sweeping consumption tax cuts.

A woman walks past an electronic screen displaying the stock index prices of Asian countries outside a brokerage in Tokyo, Japan April 24, 2025.

Oil prices settled 1 per cent higher on Monday after talks between US President Donald Trump and his Ukrainian counterpart in the wake of an inconclusive US-Russia summit in Alaska on Friday.

🌿 ANRPC’s Technical Committee Meeting on Plant Protection (TCPP) held at the Lembaga Getah Malaysia (MRB), Kuala Lumpur, Malaysia.

The ringgit opened firmer against the greenback on Monday amid cautious sentiment over the trajectory of the United States (US) interest rates, said an analyst.

Russian President Vladimir Putin (L) smiles as US President Donald Trump speaks during a joint press conference after they participated in a US-Russia summit on Ukraine at Joint Base Elmendorf-Richardson in Anchorage, Alaska, on August 15, 2025.