| | | | | | | | | Are These the Secret Details of Anwar Ibrahim’s Wealth? | We have been following the saga of the "I" Files, which claims to be a documented retelling of the life and times of Datuk Seri Anwar Ibrahim. We were at first a bit sceptical of the entire proposition, but it has become a riveting read, and now our wait appears to be paying off. In the latest installment, the author, 'Jonathan Smith,' tells the story of how Anwar created his financial empire. This is not merely a story of what we already know -- Anwar's 5-star lifestyle after leaving prison in 2004 -- but rather contains allegations and detail generally unknown in Malaysia. | | | | | | | | | DAP Tries to Save Face After Tunku Departs | | The Chinese-dominated party is in full damage-control mode after Tunku Aziz Tunku Ibrahim quit the DAP as a matter of principle. Despite the party leaders' initial shock at their vice-chairman's resignation, they have scrambled to save face, trying to project a rosy picture after Tunku Aziz described the "tyranny" of secretary-general Lim Guan Eng's autocracy. The DAP now claims that Tunku Aziz's sudden departure would not affect the party's appeal to the Malay voters. This despite the shoddy way the party has treated its senior-most Malay leader, hounding him out for voicing his opinion on Bersih 3.0. | | | | | | | | | Big Splash and Lots of Cash: Facebook raises $104 billion | | Just shy of a decade after Mark Zuckerberg and his university roommates had the brain wave that would change the world, shares in the planet's largest social network are finally being traded. A final price of $38 was agreed at which Morgan Stanley and Facebook's other underwriters would sell stakes at in its Initial Public Offering, valuing the company at a staggering $104 billion. Already heavily subscribed, traders and analysts agree on one thing – they've never seen anything like this much attention given to an IPO before. | | | | | | | | | Global Survey: Malaysian Investors Bullish on Economy | | Many Malaysian investors are positive about the economy, and expect Asia to offer the best investment returns next year, according to a global poll. Of the 1,000 Malaysian respondents polled, 44 per cent believed our economy has improved, with only 24 per cent believing it has worsened. The 2012 Global Investor Sentiment Survey was conducted by Franklin Templeton, a global investment management organisation. It was conducted online in February and polled 20,623 individuals across 19 countries. It focused on their outlook and perceptions of investing within and outside their home countries. | | | | | | | | | Malaysia Continues to Dominate Global Sukuk Market | | The global sukuk market is expected to set a new record of around RM375 billion this year, with Malaysia to remain a global hub for Islamic finance despite the anticipated issuance rise in the Gulf countries. Malaysia currently accounts for 73 per cent of the total sukuk issued globally. The country's well-regulated framework, overall enabling tax and economic environment, as well as economic stability and Malaysian sukuks' overall rating is expected to continue driving Malaysia's dominance of the market... | | | | | | | | |
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