Malaysia stages surprise export recovery

Posted by 7Star Saturday, December 5, 2009

Malaysia's annual exports rose for the first time in 12 months in October, making it one of the first Asian countries to post positive year-on-year growth since the global financial crisis took a grip last year. Exports rose 1.6 percent from a year ago, signalling the worst may be over for Asia's third most trade-dependent country amid signs that the region, excluding Japan, may be staging a "V-Shaped" recovery, boosted by demand from China.

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