Fed Shock, Not Malaysia Weakness, Driving Market Volatility — Shan Saeed
By TENGKU NOOR SHAMSIAH TENGKU ABDULLAH KUALA LUMPUR, Sept 19 – The renewed pressure on Bursa Malaysia following the US Federal Reserve’s first interest-rate increase in more than three years reflects a global repricing of capital rather than a deterioration in Malaysia’s economic fundamentals, according to Juwai IQI Global Chief Economist Shan Saeed. Malaysian financial…