Japanese rubber futures slide on Thai baht strength, narrower auto margins
SINGAPORE: Japanese rubber futures fell on Thursday, weighed by Thailand’s stronger baht and mounting concerns over export competitiveness in the key auto production hub, which is squeezing automaker margins.
Ringgit opens higher versus US dollar, tracking firmer regional currencies
The ringgit opened higher against the US dollar on Friday, tracking the firmer performance of regional currencies despite the continued strength of the greenback.
Malaysian car market steady as August sales reach 73,041 units
Malaysia’s new vehicle sales rose 0.6 per cent year-on-year to 73,041 units in August, from 72,580 units a year ago, according to the Malaysian Automotive Association (MAA).
