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Foreigners pump US$12b into S-E Asian notes

Region has benefited from the US Federal Reserve's go-slow approach to raising interest rates, a stabilisation of China's economy and a recovery in commodity prices

Published Tue, Apr 19, 2016 · 09:50 PM
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Kuala Lumpur

A MILITARY regime delaying elections, haircuts for foreign investors using local courts and a prime minister fighting a financial scandal are among risks that funds are looking past as they pile into South-east Asian debt.

Foreigners have pumped US$12 billion into Thai, Indonesian and Malaysia…

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