1MDB sparks political crisis, protests in Malaysia

The Malaysian ringgit (Exchange: MYR=) is hovering around 17-year lows against the U.S. dollar, battered by a combination of weak commodity prices, a slowdown in China and expectations of a US interest rate hike. In fact, the ringgit is the worst performing emerging Asian currency this year - having shed nearly 20 percent of its value since January. Adding to the currency's headwinds is the ...