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Business 22 Mar 2010 | 12:00 AM

China begins trial of four Rio Tinto employees

SHANGHAI: An Australian executive and three other employees of mining giant Rio Tinto went on trial Monday on charges of stealing secrets and offering bribes in a case viewed as a barometer of China's handling of foreign business.

Business 23 Mar 2010 | 12:00 AM

Rio Tinto exec admits to some bribery charges

SHANGHAI (AP): Court hearings in Shanghai for the Rio Tinto employees who pleaded guilty to taking bribes will Tuesday shift to charges of stealing commercial secrets, an Australian diplomat said.

Business 23 Mar 2010 | 12:00 AM

Arrow bows to new bid Shell and PetroChina raise offer to US$3.1bil

MELBOURNE: Australia's Arrow Energy Ltd agreed to a fresh takeover offer from Royal Dutch Shell and PetroChina, raised by 6% to A$3.4bil (US$3.1bil) for most of its Australian assets.

Business 09 Apr 2010 | 12:00 AM

Lawyer: Rio Tinto exec not to appeal sentence

SHANGHAI: An Australian former Rio Tinto executive decided voluntarily not to appeal a 10-year prison sentence in a high-profile bribery and commercial spying case and is peaceful and relaxed, his lawyer said Friday.

Business 17 May 2010 | 12:00 AM

How not to win a corruption pageant

LAST year, Malaysia's Transparency International Corruption Perceptions Index rating declined significantly from 5.1 to 4.5. In other words, the perception is that Malaysia is becoming more corrupt. Why is this significant? Given the increasing penalties being legislated in many countries around the world, this may have a direct impact on decisions to invest in Malaysia.

Business 28 May 2010 | 12:00 AM

Bank Negara’s tough stand on procurement of currency printers

PETALING JAYA: Bank Negara is taking a very tough and serious stand on the procurement of currency-printing contracts.

Business 10 Jun 2010 | 12:00 AM

Liability concerns higher among global boards

KUALA LUMPUR: The Ernst amp; Young 11th Global Fraud Survey has revealed that 76% of respondents feel their boards are increasingly concerned about their personal liability from fraud, bribery and corruption.

Business 19 Jun 2010 | 12:00 AM

Top thieving ways

WHEN the Texas-based Association of Certified Fraud Examiners (ACFE) decided to come up with a global fraud study, it would not have taken long to identify the focus of the project - a category of fraud known as occupational fraud.

Business 21 Jun 2010 | 12:00 AM

Fathers Day - Have you been a good father?

I RECKON there are more men at the highest echelons of Corporate Malaysia than women. So Father's Day, logically speaking, will be a day when these CEOs and top executives will have to discard their neckties, power suits and Blackberries just to be plain dads to their children.

Business 30 Jun 2010 | 12:00 AM

Graft probe shakes up China's aviation sector

SHANGHAI: An aviation official has killed himself and at least two airline executives have lost their jobs as authorities investigate suspected corruption within the highly regulated industry, reports said Tuesday.