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THERE can not be no clearer sign of how bleak the outlook is for the global economy than the biannual Canton Fair – the largest of Chinas trade fairs held in spring and fall which is an indicator of the country and the global economy.
KUALA LUMPUR: Malaysias economic growth, as measured by gross domestic product (GDP), for the second quarter ended June 30 rose by an unexpected 5.4% year-on-year, underpinned by an expansion in manufacturing and robust domestic demand.
TOKYO: Asian shares paused on Friday as investors took stock of a four-day rally driven by optimism, yet to be borne out by action, that authorities will soon take the steps needed to ease concerns over the euro zone's debt crisisand weak growth.