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PETALING JAYA: Helped by an easier rise in the prices of fuels, Malaysia’s inflation moderated to its slowest pace in 42 months in August, lower than consensus estimates.
MALAYSIA'S gross domestic product will grow by between 5.5% and 6% this year on the back of expected higher exports, stronger domestic demand, a return of investor confidence, and improving consumer confidence, said Deputy Prime Minister Datuk Seri Najib Tun Razak.
Thailand's economy is likely to have grown 2.8% in 2013, down from 3% forecast earlier this month, due to weaker-than-expected exports and domestic demand while anti-government protests in Bangkok are hurting confidence, a senior official from the finance ministry said on Thursday.
DATA pipeline this week includes balance of trade, exports and imports data for the month of June as well as producer price index (PPI). The Department of Statistics is expected to announce the external trade data tomorrow and PPI on Wednesday.
SYDNEY: Global bond markets were tense on Tuesday amid talk of central bank tightening and the risk of a robust reading on U.S. economic growth later in the week, though stellar results from internet giant Alphabet supported tech stocks in Asia.