SINGAPORE: Japanese rubber futures rebounded on Friday after a two-day fall, lifted by firmer oil prices, although the most-active contract still suffered a weekly decline amid ample rubber supply and soft demand for end-products.
Indonesia reassures citizens as rupiah weakens to 4-year low against US dollar
The rupiah is among Asian currencies that have weakened against the US dollar this year. It’s a double-edged sword for workers, and industries that import raw materials will be hit, economists say.
SINGAPORE: Japanese rubber futures edged down on Wednesday, as investors flocked to safe-haven assets amid heightened global tensions, while lower oil prices also weighed on sentiment.