Malaysia’s banks are charging one another the most to borrow in six years amid an oil price slump, a falling ringgit, and default concerns dent confidence.
1MDB woes worsen banks' cash squeeze in M'sia
www.kinibiz.com
The extra yield investors demand to hold Malaysia’s 10-year bonds over US Treasuries has climbed to 230 basis points, the highest since at least 1998, when regional markets were reeling from the Asian financial crisis.
