Malaysia Acts to Save its Markets from Crisis
Malaysian Prime Minister Najib Razak’s announcement that a revived government equity investment firm intends to pour RM20 billion (US$4.6 billion) into shoring up the country’s stock market may face serious headwinds in a flagging economy.
“Malaysia’s market is much thinner than China’s so RM20 billion could make quite a bit of difference. On a fundament…
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