June 8 (Bloomberg) -- Foreign reserves in Malaysia, Singapore and Hong Kong fell in May as investors sold assets amid concern Europe’s debt crisis will slow the rebound in the global economy.Malaysia’s reserves fell to 312.21 billion ringgit, equivalent to $95.5 billion, as of May 31, from 313.92 billion at the end of April, Bank Negara Malaysia said yesterday. Singapore’s official reserves slid 2.5 percent to $198.4 billion and Hong Kong’s declined 1.2 percent to $256.2 billion. Full Story
