Moody’s sees positive growth in most economies next year

KUALA LUMPUR: Growth is expected to be positive in most economies in 2010 but still well below historical averages, according to Moody’s Economy.com in its Asia Pacific Outlook report.

Senior economist of Moody’s Economy.com Daniel Melser said in the report that growth would start to gain a foothold in the Asia-Pacific region in early 2010, following an upturn in the US in the fourth quarter of this year.