SAIC Motor's (SHA:600104) global sales decreased 4.6% year on year in May to 348,988 units from 365,910 in the same month last year, according to a release on Monday.
The firm's vehicle production also fell 18.6% to 334,602 last month from 411,090 in May 2025, the release said.
The petroleum exploration expenditure by private organizations in Australia in the March quarter jumped 46.2% year-over-year to AU$467 million on a seasonally adjusted basis, while the mineral exploration expenditure grew 16.1% year-over-year to AU$1.09 billion, according to data from the Australian Bureau of Statistics on Tuesday.Mineral exploration expenditure saw a trend rise of 13.4% year over year to AU$1.08 billion, while petroleum exploration expenditure rose 36.3% to AU$471 million.Total onshore petroleum exploration expenditure climbed 14.8% quarter-over-quarter to AU$273.7 million, while offshore petroleum exploration expenditure fell 23.3% to AU$192.9 million on a seasonally adjusted basis.Gold saw the largest fall in expenditure quarter-over-quarter, down 5.8% to AU$450.9 million, while iron ore rose 5% to AU$186 million.
(Corrects the first paragraph and headline to note that activity growth eased)Thai manufacturing activity expanded at a softer pace in May versus the previous month, S&P Global said Tuesday.The latest seasonally adjusted S&P Global Thailand Manufacturing PMI came in at 52.6, compared with 52.7 in April. The reading was the slowest improvement in manufacturing performance since July 2025.While the output indicator rose at its weakest since May 2025, Thai manufacturers reported a stronger increase in new order intakes and improving business sentiment.
Thai manufacturing output expanded in May, S&P Global said Tuesday.The latest seasonally adjusted S&P Global Thailand Manufacturing PMI came in at 52.6, compared with 52.7 in April. The reading was the slowest improvement in manufacturing performance since July 2025.While the output indicator rose at its weakest since May 2025, Thai manufacturers reported a stronger increase in new order intakes and improving business sentiment.