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Big success in a few respects
THE adage #147;Don#146;t judge a book by its cover#148; seems to be a clichéd way to begin a book review, but it is an especially apt lesson for yours truly, in reviewing I>BIG In Asia: 25 Strategies for Business Success/I(Palgrave Macmillan).
Ex-Merrill executives face fraud charges in Enron case
B>HOUSTON: /B>Three former Merrill Lynch executives have been charged with conspiracy for allegedly helping energy trader Enron Corp inflate earnings with a loan disguised as a sale of Nigerian barges.
Budget reinforces stimulus
THE 2004 Budget is a timely move designed to halt a faltering economy after the stimulus package announced in May. The budget has certainly added more strength to those initiatives.
Judgment entered in suit of Aussie mining firm
An Australian mining company has won a $157 million judgment from an international engineering firm it hired to study the potential value of a U.S.-based copper mine.
June data bode well for banking stocks
STRONG loans growth, coupled with lower non-performing loans, in June could be a strong indicator that things are looking up for the banking sector.
Judge okays record WorldCom settlement
A US federal judge has approved WorldCom Inc's plan to pay a record US$750mil to settle fraud charges in its historic accounting scandal, clearing another hurdle for the beleaguered telecommunication company's emergence from bankruptcy.
Wall St wins big legal decision on research
B>NEW YORK: /B>Two US federal judges have thrown out lawsuits brought by investors who claimed that research from analysts at four of Wall Street's biggest firms caused them to lose money in the stock market.
Fuel firm, directors fined A$53m for tax evasion
An Australian fuel company and its directors were hit with A$53mil in fines for tax evasion, the biggest such penalty in the country's corporate history.
Negative reaction to Tanjong’s German resort venture
TANJONG plc#039;s share price skidded 60 sen or nearly 6% to a month-low of RM9.60 yesterday in a negative market reaction to the news of its intention to venture into the holiday resort business in Germany.
