SINGAPORE: Japanese rubber futures rose on Thursday on the back of a Weaker yen, although gains were capped by lower oil prices. The Osaka Exchange (OSE) rubber contract for December Delivery was up 1.1 yen, or 0.33%, at 332.6 yen ($2.07) per kg as of 0704 GMT. The September rubber contract on the Shanghai Futures Exchange (SHFE) fell 125 yuan to 14,925 yuan ($2,053.35) per metric ton. The yen languished near a 38-year low and struggled on the weaker side of 160 per dollar, keeping markets on alert for any signs of intervention from Japanese authorities to prop up the currency.

The Vietnamese economy is likely to expand by close to 6% in 2024, driven by a recovering export sector, robust foreign direct investment, and policy support, the International Monetary Fund (IMF) said on June 26.

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By Tom Westbrook

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SHANGHAI: China stocks tracked regional markets lower on Wednesday, while the yuan also weakened to a fresh seven-month low on hawkish comments from Federal Reserve officials, with investors bracing for a key US inflation reading later this week.

Rupiah yield at widest premium to India’s since October 2022

Indonesia’s policy uncertain, India’s signal continuity: GAMA