4628
Malaysia Growth Slows
World Economy

Malaysia Growth Slows

Malaysia’s economic expansion slowed last quarter after exports and investments cooled, an easing that may persist as subsidy cuts weigh on private consumption. Gross domestic product rose 5.6% in the three months through September from a year earlier, after climbing a revised 6.5% in the second quarter, the central bank said in Kuala Lumpur Friday. That matched the median estimate in a Bloomberg News survey of 26 economists. Demand for Malaysian goods has weakened amid an uneven global recovery, while consumers and companies are grappling with higher costs as the government reduces subsidies.

Short URL : http://goo.gl/k4glP0

You can also read ...

EU to Fine Google $5 Billion
Google will be fined about €4.3 billion ($5 billion) by the...
Federal Reserve Board Chairman Jerome Powell speaks during a hearing before the Senate Banking, Housing and Urban Affairs Committee.
US Federal Reserve Chairman Jerome Powell said protectionism...
Fitch Retains Philippine  Debt Rating
Global debt watcher Fitch Ratings kept the Philippines’...
India Launches 888 Anti-Dumping Probes
The Indian government has initiated as many as 214 anti-...
The warnings come amid a period of financial uncertainty for the world.
US officials who helped the country survive the 2008 financial...
ECB Research Says Stimulus Didn’t Favor the Rich
New research published by the European Central Bank pushes...
Copper Prices to Go on Steroids
Copper’s slump amid a deepening global trade conflict offers a...
Shifting transactions from cash to digital payments holds great promise for  individuals, businesses and governments.
More than 23% of the world's economy operates out of sight of...

Trending

Googleplus