News Snapshot:
Malaysia stocks slump on COVID-19 curbs, Asia pauses gains * Banks lead Malaysian declines after new lockdown * Analysts expect economic harm from Malaysia's new lockdown * Rupiah falls as U.S. 10-year yields top 1% By Nikhil Nainan Jan 12 (Reuters) - Malaysia led losses across SoutheastAsian stock markets on Tuesday after a state of emergency wasdeclared in the country to curb the spread of COVID-19,threatening its economic recovery and sending banking stockssharply lower. Malaysia's main stock index pared some of its 1.6%decline by noon, while other Asian stock markets trackedovernight losses on Wall Street. South Korean shareswere closed down...
