China's gross domestic product grew 7.4 percent in the first three months of the year, official data showed Wednesday, increasing the chances Beijing will move to stanch a slowdown in the world's number two economy.
The possible privatisation of Malaysia Airlines would cost its principal shareholder, Khazanah Nasional Bhd, RM1.18 billion, assuming a 10 per cent premium on its current share price, said Maybank Investment Bank (Maybank IB).
China's economic expansion slowed in the first three months of this year, according to an AFP survey, and remains on track for its worst annual performance in nearly a quarter-century as reform priorities trump growth concerns.
The global recovery is on better footing but still fragile, highlighting the importance to carry out key structural reforms that will boost growth in the longer run, a senior official of the International Monetary Fund (IMF) said here on Sunday.
Singapore's economic growth slowed sharply in the first three months of the year, data showed Monday, but the central bank stood pat on monetary policy saying it would be lifted by a pick-up in global growth.