Malaysia's economy grew 5.1 percent in 4Q

KUALA LUMPUR, Malaysia (AP) — Malaysia's central bank said Wednesday the country's economy grew a faster-than-expected 5.1 percent in the fourth quarter of last year.

India's economic growth at slowest rate in a decade

India's economy grew at its slowest pace in a decade during the 2012-13 financial year, figures show.

PM Manmohan Singh: India economic downturn temporary

India's PM Manmohan Singh has said he is confident the country's economy will bounce back and that the current downturn is "temporary".

India cuts interest rates for second time this year

India has cut its main interest rate for the second time in three months as it looks to revive its sluggish economic growth.