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GLOBAL MARKETS-Worries over economic recovery shake world stocks, US$ pares gains

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Wall Street and European stocks decline as investors worry about economic recovery pace, COVID-19 Delta variant impact, and recent US job market data. Central bank policies and reopening economies remain key market drivers.

The automotive sector in for sustainable recovery

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MIDF research indicates the automotive sector is preparing for sustainable recovery. With plant re-openings and resumed operations from 16 August, the industry expects to regain production losses from the past two and a half months. Completely-knocked-down kits remain well-stocked, supporting potential growth.
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