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MALAYSIA: Country Wrap:  Korea to Invest $7bn in Malaysia. 

MALAYSIA
EM BulletBulletAPACEmerging Market News
  • Prime Minister Anwar Ibrahim’s visit to South Korea yielded 32.8 billion ringgit ($7.3 billion) in potential investment and 1.3 billion Ringgit in potential exports for Malaysia, the Trade Ministry said in a statement Tuesday (source:  BBG).
  • OIL: Crude Steady As Lebanon Truce Due To Take Effect (source: MNI – Market News).
  • Malaysia’s FTSE Bursa KLCI Index is set for a fourth successive day of positive returns up +0.25%.
  • MYR: has held onto early gains to be +0.15%
  • Bonds:  very quiet day today with yields barely moving the MGS 10-year -0.5bps to 3.80%.
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  • Prime Minister Anwar Ibrahim’s visit to South Korea yielded 32.8 billion ringgit ($7.3 billion) in potential investment and 1.3 billion Ringgit in potential exports for Malaysia, the Trade Ministry said in a statement Tuesday (source:  BBG).
  • OIL: Crude Steady As Lebanon Truce Due To Take Effect (source: MNI – Market News).
  • Malaysia’s FTSE Bursa KLCI Index is set for a fourth successive day of positive returns up +0.25%.
  • MYR: has held onto early gains to be +0.15%
  • Bonds:  very quiet day today with yields barely moving the MGS 10-year -0.5bps to 3.80%.