WSJ Exposé: China Offered To Bail Out 1MDB In Exchange For Deals
The Morning Run Crew
08-Jan-19 07:45
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The Morning Run crew gives you their take on today's business headlines:
00:56 - We discuss The Wall Stress Journal's latest expose the senior Chinese leaders had apparently offered to help bail out 1MDB in 2016 and in return, Malaysia offered lucrative stakes in railway and pipeline projects for China's One Belt, One Road program of building infrastructure abroad. This was according to minutes from a series of previously undisclosed meetings reviewed by The Wall Street Journal.
07:51 - The latest survey conducted by RAM Holdings Bhd and RAM Credit Information Sdn Bhd among businesses in the country has showed that, business confidence for the first half of the year has dropped to its lowest level since the index began tracking in 2017
Presented by: Joyce Goh, Julian Ng
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Categories: Business Analysis
Tags: Goldman Sachs, Roger Ng, Datuk Seri Najib Razak, Tan Sri Dr Mohd Irwan Serigar Abdullah, WSJ, 1MDB, Jho Low,