Bond funds give Malaysia a wide berth as 1MDB debt rises to $250b

The Tun Razak Exchange (TRX) project, developed by 1Malaysia Development Bhd. (1MDB), foreground, stands under construction as buildings stand illuminated in the distance at dusk in Kuala Lumpur, Malaysia, on Friday, July 17, 2015. Photographer: Goh Seng Chong/Bloomberg