Skip to content
Subscriber Only

The World's Longest Bull Market Faces an Election Test

It's also crunch time for Malaysia's ruling party.
1501050709_kuala lumpur petronas lede

Photographer: Brent Lewin/Bloomberg

The world's longest-ruling coalition and the longest bull market could be facing a pivotal moment. Malaysia is set to hold a general election by mid-2018 but there are whispers a vote could be called sooner, between the third quarter and fourth quarter of 2017, setting up a showdown between Prime Minister Najib Razak and his opponents.

Najib, 64, heads the Barisan Nasional coalition that has ruled since independence in 1957. Though he faced street protests and corruption scandals in 2015, he has arguably prevailed over one of the toughest periods in his four-decade political career, owing to a fractious opposition and support from vote-rich provinces.