Malaysia’s Q2 Growth Tops Expectations On Strong Consumption

Malaysia's economy grew more-than-expected in the second quarter as strong household spending offset the drag from the global slowdown, data from the Department of Statistics showed Friday. Gross domestic product grew a better-than-expected 4.9 percent from last year, faster than the 4.5 percent expansion seen in the first quarter, the Bank Negara Malaysia said in its quarterly bulletin. The rate