The Morning Run crew gives you their take on today’s business headlines:
0:11 – Nomura Global Markets Research recommends a stock-selective approach for Malaysian equities this New Year and targets the KLCI to be at 1,860 points as of end-2018.
5:46 – The Securities Commission has a ordered Singapore-based blockchain startup – CopyCash Foundation – to halt all its activities in Malaysia and this includes a planned initial coin offering scheduled today.
8:54 – There is news that the the Sultan of Johor Sultan Ibrahim has teamed up with entrepreneur Datuk Patrick Lim Soo Kit for a pharma project in Sri Lanka.
11:04 – Opposition lawmaker Tony Pua has raised questions as to how 1Malaysia Development Bhd (1MDB) was able to make its final US$600 million (RM2.4 billion) settlement payment to Abu Dhabi’s International Petroleum Investment Co on Dec 27 last year.
Presented by: Brian Fernandes, Joyce Goh, Sharaad Kuttan