KUALA LUMPUR, Malaysia (AP) - Protests broke out in India and Malaysia yesterday as consumers reacted angrily to sharp fuel price hikes that could undermine governments in both countries.

With global oil prices soaring, authorities in the two countries said a day earlier they were slashing fuel subsidies that were draining government coffers.

In Malaysia, gasoline pump prices jumped 41 percent overnight and diesel prices surged a stunning 67 percent.

The gasoline price hike in India, the second this year, was smaller - about 11 percent in the capital, New Delhi - but will still weigh on consumers. India also raised prices on diesel and cooking gas.