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Malaysia in transition

Malaysia's hidden debt and 'insolvent' state fund raise alarm

Investors flee as US rate hikes compound Mahathir's fiscal challenges

KUALA LUMPUR -- Fears over Malaysia's larger-than-expected national debt and the "insolvency" of its state fund have sparked a broad equities sell-off, highlighting the economic battles awaiting Prime Minister Mahathir Mohamad's new government. 

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