1MDB-Linked Luxury Yacht Seized

The Morning Run crew gives you their take on today's business headlines: 0:13 - Indonesia has seized a luxury yacht linked to the 1MDB probe. This award winning 91-metre luxury yacht, Equanimity – touted to be the 58th largest vessel in the world - was seized in Bali waters. This US$250 million yacht, allegedly owned by Jho Low, is one of the assets sought by the US Department of Justice as a part of their probe into 1MDB. Jho Low issued a statement following this seizure. What did he say? Listen to find out. 5:17 - Banks are back in business. A number of banks saw improved earnings with some banks posting record 2017 results. Who performed, who under-performed, and why? Listen in.See omnystudio.com/listener for privacy information.