Malaysia's finance minister resigns

Malaysia - Malaysian Finance Minister Daim Zainuddin ended weeks of speculation about his future on 2 June, quitting his post despite Prime Minister Mahathir Mohamad's apparent efforts to retain him.

The official Bernama news agency quoted Mahathir as saying Daim had stepped down, effective from 1 June, and adding the finance chief gave no reason for his decision.

"Two months ago he asked to resign but I told him to go on leave first and reconsider his decision," Mahathir said.

Asked about a

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