Latest news with #TradeAndIndustry
Bloomberg
08-07-2025
- Business
- Bloomberg
Malaysia to Continue Engaging with US on Tariffs: Trade Ministry
Malaysia will continue to engage with the US for a 'mutually beneficial' trade agreement after President Donald Trump threatened to impose a 25% tariff on the Southeast Asian nation, higher than the 24% announced in April. 'Malaysia is committed to continuing engagement with the US towards a balanced, mutually beneficial, and comprehensive trade agreement,' the Ministry of Investment, Trade and Industry said in a statement.
CNA
03-07-2025
- Business
- CNA
Crucial for cooperation among Singapore, Malaysia and Indonesia: Gan Kim Yong
Trade and Industry Minister Gan Kim Yong has stressed the importance of Singapore, Malaysia and Indonesia working together. He believes that such trilateral cooperation is vital in boosting competitiveness amid current geopolitical uncertainties. Mr Gan also urged businesses to rethink supply chains and diversify markets, as US tariffs are likely here to stay. Nadirah Zaidi has more.
Zawya
01-07-2025
- Business
- Zawya
UAE supplies 40.8% of Japan's oil imports in May
TOKYO: The United Arab Emirates was Japan's top crude oil supplier in May 2025, providing Tokyo with 30.42 million barrels of crude oil, according to official Japanese data. This volume accounted for 40.8% of Japan's total crude oil imports for the month, based on figures released by the Agency for Natural Resources and Energy of Japan's Ministry of Economy, Trade and Industry. In total, Japan imported 74.61 million barrels of crude oil in May, with Arab oil making up the vast majority at 90.9% or 67.81 million barrels.
Wall Street Journal
30-06-2025
- Business
- Wall Street Journal
Japan Factory Output Rose in May, But Tariffs Cloud Outlook
TOKYO–Japan's industrial production increased modestly in May, but the rebound is likely to be temporary due to the impact of U.S. tariffs and concerns over a global slowdown. Industrial production rose 0.5% in May after declining 1.1% in April, according to data released by the Ministry of Economy, Trade and Industry on Monday.
Reuters
30-06-2025
- Business
- Reuters
Japan May factory output rises 0.5% month-on-month
TOKYO, June 30 (Reuters) - Japan's factory output rose 0.5% in May from the previous month, less than a median market forecast for a 3.5% rise, government data showed on Monday. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to rise 0.3% in June and fall 0.7% in July.
