20100708 1751 Malaysia Economic News.

KUALA LUMPUR (Dow Jones)-

-Bank Negara Malaysia has raised its key overnight policy rate by 25 basis points to 2.75% Thursday--its third hike this year--but will indicate there won''t be further hikes given heightened external risks, a person familiar with the matter said. Bank Negara is expected to release the policy rate decision at 1000 GMT today.