Tuesday, 28 November 2017

Fadilah Bahrain. Another One Bites The Dust

Is the massive hit by Queen. For fadilah bahrain this could well be a prophecy.

Anti corruption agency, corrupt practice, LRT, MRT, u name it and news portal Sabah kini has the low down on it.

Will Fadilah Bahrain be the next government servant to give Najib Razak a bad name.

Click on the link below for details:


Monday, 23 October 2017

Jho Low. What's Going On

Is the 1986 hit for Cyndi Lauper taken from the smash hit album true colours.

The true colours are out on Jho Low, and for once and for all Malaysians know that with regards to Jho Low, whats going on.

Malaysian Insight has the story. Read below :

THE Royal Malaysian Police has closed its investigation into businessman Low Taek Jho, said Deputy Prime Minister Dr Ahmad Zahid Hamidi.

As such, the question of seeking Interpol’s assistance in searching for Low, otherwise known as Jho Low, does not arise, he said in a statement.

“My answer to Gombak MP Azmin Ali in the Dewan Rakyat this morning clearly says that there are no more cases (against Jho Low),”   Zahid said.– October 23, 2017.

Saturday, 7 October 2017

Banned In Malaysia. Money Moves

Bodak Yellow is the current number one hit in the USA by Cardi B.

Bank Negara Malaysia, does the money moves, hinting that cyber currency may soon be banned in Malaysia.

Read the story below : The governor of Malaysia's central bank would not rule out a ban on cryptocurrencies when discussing upcoming regulation yesterday.

Speaking to reporters at a financial crime conference in Kuala Lumpur, the governor of Bank Negara Malaysia (BNM) said it will decide "before the end of the year" whether to ban the trading of cryptocurrencies under its mandate as a domestic financial regulator.

Thursday, 21 September 2017

Bank Negara Malaysia. What Ifs

Is the current USA top 20 hit by Kane Brown & Lauren Alaina.

On September 19, Bloomberg wrote an article stating that Malaysia's reserves are amongst the lowest and most vulnerable in Asia.

Bank Negara has hit back with a statement to Bernama. Read below :

KUALA LUMPUR – Bank Negara says the article published by Bloomberg, titled Malaysia Reserve Buffer Seen by Moody’s as Among Weakest in Asia on Sept 18 focuses only on a rigid interpretation of two economic indicators and therefore presents an unbalanced and simplistic assessment of Malaysia’s international reserves adequacy.

Responding to the article, it said the reporting by Bloomberg reflected a lack of understanding of the Malaysian economy, external position, financial system and its economic policies.

“This, together with a penchant for misplaced country comparison, without taking into account country specificities, has led to an erroneous judgment of the Malaysian economy and its external resilience,” it said in a statement.

Explaining in detail, the central bank contextualised the indicators and emphasised that an assessment of the adequacy of reserves should be undertaken with a broader review of Malaysia’s economic and financial developments. As for Moody’s External Vulnerability Indicator (EVI), which measured short-term external debt by remaining maturity over reserves, Bank Negara said they were not a material risk.

Correspondingly, banks have placements abroad to mitigate currency and maturity mismatches. Also included as part of short-term external debt are inter company loans and trade credits. Inter company loans reflected transactions between foreign direct investment companies and their parent companies.

This is subject to flexible and concessionary terms. In addition, trade credits are usually backed by export earnings which do not entail a claim on international reserves, Bank Negara explained.

WHAT IF, Bloomberg is MERELY stating FACTS. As NUMBERS, they DON'T, lie. They merely report, the realities on the GROUND

Sunday, 3 September 2017

The 110 Billion Dollar Man. Slippery

Is a current US top 20 hit for Migos & Gucci Mane.

Slippery is how the stock market is going to be says the man who manages US$110 billion and out performed two thirds of fund managers.

Especially dangerous is the Asian market and currencies.  Bloomberg has the story :

Nader Naeimi has bought gold, shorted emerging currencies.

‘Markets need a correction,’ the AMP Capital investor says

Stock markets are headed for a big selloff, maybe not today, but soon.

That’s the view of Nader Naeimi, who heads a dynamic investment fund at AMP Capital and helps manage about $110 billion.

The Sydney-based investor has about 30 percent of his holdings in cash, an allocation to gold and is short emerging-market currencies versus the dollar.

His fund has beaten 77 percent of peers over the past year, according to data compiled by Bloomberg.

“Markets need a correction,” Naeimi said. “There is a significant disconnect between uncertainty and market pricing of risk.

North Korea and other events will provide the triggers for a correction.”

“While today’s fall in risk assets might not be deep, the process is one of an incremental rise in market volatility,” Naeimi said. This “will culminate in a deeper-than-expected correction.”

Sunday, 20 August 2017

Malaysia. Here Comes The Rain Again

Is the massive 1983 hit single from British duo the Eurythmics, taken from the album touch.

Malaysia, better watch out, because word in town is here comes the rain again!!.

Free Malaysia Today, has the story. Read below :

PETALING JAYA: Malaysia is likely to be hit by a recession in 2018, with most of the sectors expected to slow down, political and economic affairs analyst Prof Hoo Ke Ping predicts.

However, he said, the palm oil industry would do well due to the La Nina effect which will see more rain than expected, pushing production and prices for the edible oil upwards.

“Malaysians will feel the pinch of recession from next year onwards due to various factors, including a decline in consumer confidence and the retrenchment of workers from such sectors as oil and gas, banking, retail, and electronics,” he told FMT.

Saturday, 12 August 2017

1MDB. New Rules

Is the current hit single from Dua Lipa, taken from self titled album.

There are new rules in place when it comes to 1MDB's case in the USA. Apparently now the USA is pursuing a criminal case against those who stole our money.

Does this mean Jho Low will soon be charged in court soon? The devil is in the details...talk in town is the fat boy, might end up being the WITNESS.

Reuters have some of the story here. Read below :

 The U.S. Justice Department is conducting a criminal probe into 1Malaysia Development Berhad (1MDB) and has asked for a stay on its civil lawsuits in connection with $1.7 billion in assets allegedly bought with money stolen from the scandal-hit state fund.

A total of $4.5 billion was misappropriated from 1MDB by high-level officials of the fund and their associates, according to dozens of civil lawsuits filed by the U.S Justice Department in the past two years.

1MDB did not immediately respond to an emailed request for comment.