KUALA LUMPUR: The ringgit rose the most among emerging-market currencies, while stocks and bonds gained, after a debt-ridden state investment company struck a US$2.3bil deal with China to sell its power assets.
The currency closed at a one-month high and the FTSE Bursa Malaysia KLCI Index rallied for a fourth day, the longest stretch since October, after China General Nuclear Power Corp agreed to purchase 1Malaysia Development Bhd’s Edra Global Energy Bhd.
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