(Oct 5): Malaysian bonds beat all their regional peers last quarter, as rising oil prices bolstered the government's coffers. The expected rollback of oil subsidies in next week's budget announcement may provide another updraft. Bonds of the oil-exporting nation returned a relatively small loss of 0.7% in the three months through September, amid a torrid period for global debt markets. In comparison, their counterparts in Indonesia slid 3.6%, while in Thailand, they tumbled 5.7%. The Malaysian government has been talking about plans to lower oil subsidies for some time to reduce its budget deficit.

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