Malaysia's economy expanded at the fastest pace in more than two years in the second quarter on the back of domestic demand and robust exports, defying expectations for a slight slowdown.
Malaysia surprises with 5.8 percent GDP growth
Leaving the European Union without a deal in place would not spell disaster for the UK economy, according to a free market thinktank advocating trade with the rest of the world over a ‘hamstrung’ deal with Brussels.
Leaving EU without deal would be no disaster for UK
The eurozone’s trade surplus in goods with the rest of the world shrunk by €1.7 billion in June on the back of a healthy climb in imports in the bloc.
Climbing imports shrink eurozone trade surplus
The United States is now the largest importer of Iranian carpets, shipping in $196 million worth of highly prized Persian artistry last year, said the head of the Iran National Carpet Center.
US, main importer of Iranian carpet: Official
Iran and Belarus have called for stepping up interaction to implement the North-South international transport corridor project.
Belarus, Iran discuss North-South transportation project
Iran exports handicrafts valued at $250 million each year, said a top official in the handicrafts sector.
Iran's annual handicraft exports stand at $250m
Iranian petrochemical plants produced over 18.2 million tons of petrochemicals in the four months to July 22, according to figures released by Iran's National Petrochemical Company (NPC).
Iran four-month petchem output tops 18m tons
The International Monetary Fund has warned that China's credit growth is on a ‘dangerous trajectory’.
IMF warns on Chinese credit boom
By Cardiff Garcia* As part of its retrospective on the global financial crisis, the FT published a series of charts over the weekend showing how global interpersonal income inequality has changed since the crisis.
Global interpersonal inequality through the crisis period
The German economy grew steadily but at a slightly lower rate than anticipated in the second quarter of 2017, figures released by the Federal Statistical Office showed.
German growth slightly slower than expected in Q2

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