News Snapshot:
By Ying Xian Wong KUALA LUMPUR--Malaysia's trade surplus narrowed in October as imports climbed and exports contracted on a monthly basis. The Southeast Asian nation reported a trade surplus of 18.09 billion ringgit ($3.98 billion), compared with MYR37.71 billion in September. "On a month-on-month basis, imports grew by 1% while trade, exports and trade surplus contracted by 4.5%, 8.7% and 43.2%, respectively." the Ministry of International Trade and Industry said Thursday. Compared with the previous year, exports logged their 15th straight month of growth, expanding 15% to MYR131.63 billion. Imports grew 29.2% to MYR113.54 billion, the data showed. Trade, exports...
