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Malaysia Reels as Asia’s Worst Dollar Debt Shunned: Asean Credit

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Malaysian company dollar bonds are Asia’s poorest performing this year and investors say worse is to come.

Notes from the oil-exporting nation are the only of the 16 Asian countries tracked by JPMorgan Chase & Co. to decline this year, losing 1.57 percent. Companies in the index include Petroliam Nasional Bhd., the state-owned energy company, and 1Malaysia Development Bhd., a government-backed investment firm that’s been forced to dismantle amid surging debts.