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KUALA LUMPUR: Malaysia’s Gross Domestic Product (GDP) is expected to grow to 5.2% this year but inflationary pressures may reach an uncomfortable level, according to HSBC Asean economist Lim Su Sian.
Malaysia's Gross Domestic Product (GDP) is expected to grow 5.2% this year as the export cycle has started to improve amid external recovery despite some domestic headwinds, said HSBC Asean Economist Lim Su Sian.
Nintendo Co Ltd will likely be reluctant to make radical changes such as allowing its games to be played on rivals' devices as it grapples with poor sales of its flagship Wii U game console, which forced it to slash its outlook and sent its shares tumbling.
LONDON (Reuters) - Spain's Real Madrid retained the title of the world's richest football club in the past year thanks to sponsorship and TV deals robust enough to endure a season without a major trophy, a study showed on Thursday.
WASHINGTON: The International Monetary Fund (IMF) raised its global growth forecast for the first time in nearly two years, saying fading economic headwinds should permit advanced nations to pick up the mantle of growth from emerging markets.
KUCHING: The Government should restructure its automotive policy by abolishing excise duties and Approved Permits (APs) so that the people will not be burdened with high car prices.
PETALING JAYA: Hibiscus Petroleum Bhd, via jointly controlled entity Lime Petroleum Norway AS, has been awarded five new offshore licences in the 2013 Awards in Predefined Areas licensing round for geographically mature areas, according to a statement issued by Norwegian Ministry of Petroleum and Energy.
RIGA (Reuters) - The Latvian parliament approved on Wednesday the country's first woman prime minister, Laimdota Straujuma, who pledged to stick to the fiscal discipline of the previous cabinet and to push ahead with liberalising the country's gas market.
WASHINGTON (Reuters) - The Obama administration is considering ways to ensure future financial assistance for Afghanistan after U.S. lawmakers halved development aid to the country.