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Malaysia's prime minister said residents' personal income tax rates will be cut by 1 percentage point.

ING analysts Padhraic Garvey and Benjamin Schroeder said in a report US Treasury auctions this week were strong. Back-to-back 10- and 30-year auctions showed robust demand, indicating buyers willing to enter at current price levels. The 30-year drew strong international and domestic demand, with subscriptions close to secondary-market prices; the prior day's 10-year auction priced slightly above secondary-market levels.