Fellows lacking money, overwhelmed by anguish in Asian state (6)
I believe the answer is:
penang
'asian state' is the definition.
(I've seen this before)
'fellows lacking money overwhelmed by anguish' is the wordplay.
'fellows' becomes 'men' (I've seen this before).
'lacking' suggests deleting specific letters.
'money' becomes 'm' (abbreviation in economics).
'overwhelmed by' is an insertion indicator (I've seen this in other clues).
'anguish' becomes 'pang' (I can't justify this - if you can you should believe this answer much more).
'men' with 'm' taken out is 'en'.
'en' put inside 'pang' is 'PENANG'.
'in' is the link.
Can you help me to learn more?
(Other definitions for penang that I've seen before include "State of Malaysia" , "Asian state" , "Malaysian state and island" , "state out East" , "Nag Pen into going to Malaysia" .)