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KUALA LUMPUR: The Kuala Lumpur Sessions Court has convicted Axis Incorporation Bhd’s former adviser to the board of directors, Lee Koon Huat, for abetting the company in furnishing false financial statements in its quarterly reports for the financial year (FY) 2007.
BELFRY, Kentucky: In a ravine deep in the Appalachian mountains, Warren Rogers stands on the ruins of an abandoned coal-washing plant that used to prepare hundreds of tons of the fuel a day for transport through the tiny town of Belfry, Kentucky.
PETALING JAYA: Allianz Malaysia Bhd has appointed former Federal Court judge Tan Sri Zainun Ali as its independent and non-executive director, with effective yesterday.
KUALA LUMPUR: The Court of Appeal on Thursday ruled in favour of the Securities Commission (SC) and upheld the decision of the High Court in 2019 that former deputy managing director of Stone Master Corp Bhd Datin Chan Chui Mei had breached securities laws.
SHANGHAI: Global stocks and United States bond yields dived yesterday, while the dollar, gold and oil prices rocketed higher as Russian troops landed in Ukrainian cities on the Black Sea and Ukraine said Moscow had launched a full-scale invasion.
NEW YORK: The trial of a former Goldman Sachs GS.N banker accused of helping loot Malaysia's 1MDB sovereign wealth fund will be paused due to late disclosure of some evidence by prosecutors to the defense, the judge in the case ruled on Wednesday.
NEW YORK: Tesla and its Chief Executive Elon Musk on Thursday accused the U.S. Securities and Exchange Commission (SEC) of harassing them with an "endless" and "unrelenting" investigation to punish Musk for being an outspoken critic of the government. This report produced by Freddie Joyner.
WALL Street’s top brass spent months grousing about how they were struggling in the war for talent before doling out the biggest bonuses in years.
KUALA LUMPUR: The Securities Commission (SC) has charged Mohd Azhidi Laili for breaching various provisions under securities laws for engaging in unlicensed activities and deceiving nine investors of approximately RM1.45mil of their monies between May 2013 and March 2014.
A California state agency has sued Tesla Inc over allegations by some Black workers that the company tolerated racial discrimination at an assembly plant, adding to claims made in several other lawsuits against the electric car maker.