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Corporate News 30 Mar 2017 | 8:45 AM

This Chinese stock soared 4,500% on Nasdaq and no one knows why

NEW YORK: Investors who put money into U.S. index funds usually aren’t looking for surprises. Those who bought into the Russell 2000 recently got one anyway: a little-known Chinese stock that went crazy for no apparent reason.

Business 22 Feb 2017 | 10:14 AM

Asean audit regulators, audit firms to boost audit quality

KUALA LUMPUR: Four Asean audit regulators have agreed with the four largest audit firms in the region on a measurable goal to improve audit quality.

Business 31 Dec 2016 | 12:00 AM

A surprise move to register CFOs

MALAYSIAN Institute of Accountants (MIA) president Datuk Mohammad Faiz Azmi revealed something surprising when interviewed by Bernama recently.

TECH 22 Dec 2016 | 1:19 AM

Yahoo e-mail scan shows US spy push to recast constitutional privacy

Yahoo's secret scanning of customer e-mails at the behest of a US spy agency is part of a growing push by officials to loosen constitutional protections Americans have against arbitrary governmental searches.

Property 19 Nov 2016 | 12:00 AM

SC announces new appointments

PETALING JAYA: The Securities Commission Malaysia (SC) has appointed former board member Datuk Gumuri Hussain its Audit Oversight Board executive chairman effective yesterday.

Business 18 Nov 2016 | 12:57 PM

SC appoints Gumuri as AOB executive chairman

KUALA LUMPUR: The Securities Commission (SC) has appointed Datuk Gumuri Hussain as executive chairman of Audit Oversight Board (AOB) effective Friday.

World 05 Oct 2016 | 1:17 PM

Puerto Rico oversight board's success may hinge on the ballot box

NEW YORK (Reuters) - A forthcoming financial turnaround plan for Puerto Rico, which the territory's oversight board wants on its desk in nine days, will probably change after the island's November election. For the board, it could be a welcome scenario.

World 04 Oct 2016 | 8:17 AM

U.S. intelligence community opposes limits to privacy watchdog - memo

WASHINGTON (Reuters) - The U.S. intelligence community does not support pending congressional legislation that would curtail the authority of a privacy watchdog that advises the president on government surveillance programs, according to an unclassified memo seen by Reuters.

Business 20 Sep 2016 | 12:00 AM

Genting Malaysia sees higher earnings with new facilities

KUALA LUMPUR: Genting Malaysia Bhd sees potential earnings growth as its key facilities under its Genting Integrated Tourism Plan (GITP) is on track for a soft opening by year-end.

Business 30 Jul 2016 | 12:00 AM

A rare change of heart

BEING the fickle creatures that we are, we change our minds all the time. But when an audit opinion is withdrawn, that’s highly unusual. This is why there was much surprise when 1Malaysia Development Bhd and Deloitte Malaysia separately told the public on Tuesday that 1MDB’s audited accounts for 2013 and 2014 should no longer be relied upon.