Malaysia's exports slumped 29.7 percent in May from a year earlier, hitting their lowest level since 2001 with demand evaporating, according to official data released Friday.
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London oil market probes alleged rogue trader
Oil market officials here have launched a probe into an alleged rogue trader who helped push prices to eight-month peaks this week, costing his company nearly 10 million dollars (7.15 million euros).
New bubbles rising in China property market
China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, state media reported Friday.
