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THE news that ten of Wall Street's biggest investment firms had agreed to pay US$1.4bil in penalties and restitution to settle charges by US regulators that their analysts regularly skewed their research to benefit a few privileged clients at the expense of smaller investors must be cold comfort to millions of individual investors who lost fortunes in relying on such tainted research.
AKN Technology Bhd aims to increase the investments from foreign fund managers in the group by participating in the annual I>JP Morgan Technology amp; Telecom Conference/Iin San Fran-cisco early next month.
REDTONE Telecommunications, previously known as VMS Technology, is confident of having 10,000 outlets housing its REDtone Payphone within one year.