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Business 15 Jan 2009 | 12:00 AM

Watershed year for auditors

Headlines these days are fixated on the global credit crunch, which has since spilled over to infect the real economy resulting in a crisis touted as the next great depression.

Business 14 Oct 2008 | 12:00 AM

Bush to announce expanded bank bailout details(updated)

The Bush administration plans to spend as much as $250 billion of the $700 billion bailout buying stock in private banks, greatly expanding protections for the U.S. financial system out of deep unease over the faltering economy, industry and government officials said Monday night.hr noshade size=1 width=50%>

Business 23 Sep 2008 | 12:00 AM

Congress, Bush team agree on some bailout terms

WASHINGTON (AP) - Scrambling for a swift deal on the US$700 billion bailout for failing financial firms, crucial Democrats and Bush administration officials agreed Monday to include mortgage help for beleaguered homeowners but wrangled over other issues that included unprecedented help for executives who would benefit from the rescue.

Business 22 Sep 2008 | 12:00 AM

'Mother of all bailouts', it may cost US$1 trillion(updated)

The Bush administration insisted Sunday that Congress must move quickly to approve what one lawmaker called the mother of all bailouts'' - a US$700 billion proposal to buy a mountain of bad mortgage debt in an effort to unfreeze the nation's credit markets.

Business 22 Sep 2008 | 12:00 AM

Paulson urges quick action on US$700 billion bailout

The Bush administration insisted Sunday that Congress must move quickly to approve what one lawmaker called the mother of all bailouts'' _ a $700 billion proposal to buy a mountain of bad mortgage debt in an effort to unfreeze the nation's credit markets.

Business 26 Jan 2008 | 12:00 AM

Micpa: Oversight board in progress

The bill to set up the Public Company Accounting Oversight Board (PCAOB) will be tabled in March, provided that Parliament is not dissolved for the anticipated general elections.

Business 25 Jan 2008 | 12:00 AM

Bill for dealing with errant auditors

The bill to set up the Public Company Accounting Oversight Board (PCAOB) will be tabled in March, assuming that Parliament has not been dissolved in preparation for the general election.

Business 04 Jan 2008 | 12:00 AM

Competition with new entrants

2008 CEO outlook with Bandar Raya Developments CEO Datuk Jagan Sabapathy, Wah Seong managing director and group CEO Chan Cheu Leong, and Minority Shareholders Watchdog Group CEO Abdul Wahab Sidek.

Business 27 Dec 2007 | 12:00 AM

Challenge to find land for oil palm expansion

Crude palm oil prices are expected to be well-supported by structural changes in global supply and demand for related commodities, says KL Kepong group plantations director Roy Lim Kiam Chye. PricewaterhouseCoopers managing director Chin Kwai Fatt advises companies to consider an assessment or reasssessment of their positions in corporate responsibility and align such initiatives to their business. At Glomac, group managing director Datuk Fateh Iskandar Mohamed Mansor sees plenty of signs that the property market has only started to go on an upswing.

Business 14 Nov 2007 | 12:00 AM

SC is best Islamic funds regulator

The Securities Commission (SC) has been named 'Best Regulator for Islamic Funds' at the inaugural Master of Islamic Funds Awards.