Yuen okachi photo

Black Swan event is hitting the market...

https://www.cnbc.com/2018/05/29/heres-why-markets-are-so-scared-of-the-latest-italian-political-drama.html

Malaysia-Finance Blogspot: Malaysia's Debt - Deconstructed

http://malaysiafinance.blogspot.my/2018/05/malaysias-debt-deconstructed.html?m=1

SRC’s interest payments to KWAP on track till 2017, says CEO | Malaysia | Malay Mail

https://www.malaymail.com/s/1635761/srcs-interest-payments-to-kwap-on-track-till-2017-says-ceo

Two books about financial scandals: 1mdb and Barings, Jho Low and Nick Leeson

Jho Low Bought $137 Million of Art With Misappropriated Funds

https://news.artnet.com/art-world/documents-show-jho-low-tktkt-567875

Malaysia’s New 1MDB Probe Risks Peeling Back Corruption Built Up Over Decades - WSJ

https://www.wsj.com/articles/new-1mdb-probe-risks-peeling-back-corruption-built-up-over-decades-1527166803

1MDB: The inside story of the world’s biggest financial scandal | Randeep Ramesh | World news | The Guardian

https://www.theguardian.com/world/2016/jul/28/1mdb-inside-story-worlds-biggest-financial-scandal-malaysia

Van Gogh and Monet paintings seized in 1MDB corruption investigation | Art and design | The Guardian

https://www.theguardian.com/world/2016/jul/23/van-gogh-and-monet-paintings-seized-in-1mdb-corruption-investigation

Jho Low's Seized $250 Million Yacht Can Sail to U.S., Judge Says - Bloomberg

https://www.bloomberg.com/news/articles/2018-04-03/jho-low-s-seized-250-million-yacht-can-sail-to-u-s-judge-says

Why allow short selling when you won't let market forces work?

https://www.thestar.com.my/business/business-news/2018/05/28/short-selling-of-power-root-suspended/

What's the point? When you change the rules to allow short selling of stocks on an intraday basis, stick to it. Not productive to micromanage, let those 'intraday' short sellers short prices to 0.01 if they like, because when they short cover there will emerge opportunities to go on the long side. Let market forces prevail, else disallow short selling altogether, Bursamalaysia.

Listing of Petronas among options to increase revenue - Business News | The Star Online

https://www.thestar.com.my/business/business-news/2018/05/26/listing-of-petronas-among-options-to-increase-revenue/

FCPO daily uptrend gathering momentum...

Former directors say 1MDB can't pay its debts, RM9.8bil of 'investments' are scams (updated) - Nation | The Star Online

https://www.thestar.com.my/news/nation/2018/05/23/1mdb-unable-to-pay-debts-say-two-directors/

Need to thtow all involved into jail

Fcpo daily, makes high of 2481...

https://www.malaysiakini.com/news/425625

This article by Clive Kessler, reproduced in the Nikkei Asian Review, highlights a few poignant points:

1 The nold government of UMNO will likely wait in comeback, and probably join forces with PAS to creat an Islamist Malaysia, which is no good for democracy and the multi racial people and harmony in the country.

2 As such, Pakatan Harapan need to tread boldly and fulfill their blueprint, as outlined in their manifesto, as closely to the letter and wording as possible. This is not to give a signal of weakness in the political alliance of 5 disparate and diverse political parties, each with its own idealogies.

We should strive for a better Malaysia, a moderate Islamic country, free democracy and free press.

Fcpo daily on up trend continuation... 

1MDB audit report declassified, for public consumption | BorneoPost Online | Borneo , Malaysia, Sarawak Daily News

http://www.theborneopost.com/2018/05/15/1mdb-audit-report-declassified-for-public-consumption/

As Warren Buffett always said, "Whatever you do, don't break the law"  Very poignant to remind us all to not give into temptation to engage in illegal activities for the sake of money.

Anwar Ibrahim walks free, says won't join cabinet any time soon

https://www.nst.com.my/news/nation/2018/05/370072/anwar-ibrahim-walks-free-says-wont-join-cabinet-any-time-soon

Dawn of a nation coming of age #malaysia 9 May 2018 a historic day

Doing the part for Harapan