20101209 1119 Breaking News.

Japan's economy grew a revised 1.1 percent in July-September from the previous quarter, exceeding an initial government estimate, but that offered little comfort to policymakers wary of slowing growth in the current quarter. Despite the upward revision, a recent slew of weak data has underscored the view that the economy will contract slightly in October-December due to a global slowdown and a pull-back from the last-minute surge in stimulus-driven consumption that spurred third-quarter growth.Bookmark

KUALA LUMPUR (Dow Jones)--Malaysia''s federal cabinet has agreed to an increase in electricity tariffs, but hasn''t yet decided on when they will be revised, The Star reported, citing Energy, Green Technology and Water Minister Peter Chin Fah Kui. There are many issues that the government needs to address before a time can be set for the increase, the minister said, according to the report.