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Business 14 Nov 2012 | 12:00 AM

"Fight Club" of corrupt analysts cited at insider trial

NEW YORK: Two former hedge fund managers reaped a total of $70.8 million in illegal profits by tapping a corrupt network of Wall Street analysts, a U.S. prosecutor said at the start of an insider trading trial on Tuesday.

Business 27 Jan 2004 | 12:00 AM

Proton begins trial production of new models

PERUSAHAAN Otomobil Nasional Bhd (Proton) has started trial production of its new models at its RM1.8bil plant in Tanjung Malim, chief executive officer Tan Sri Tengku Mahaleel Tengku Ariff said.

Business 02 Dec 2005 | 12:00 AM

LG.Philips starts trial production of LCD at new line

LG.Philips LCD Co Ltd, the world's second largest flat-screen maker, has started trial production of liquid crystal displays (LCDs) at its newest manufacturing line.

Business 20 Jul 2008 | 12:00 AM

Chinese stock brokerage bigwig on trial for insider trading

BEIJING (AP): The former president of a major Chinese stock brokerage has gone on trial on insider-trading charges in connection with the company's 2006 stock market debut, a state news agency reported Saturday.

Business 11 Feb 2003 | 12:00 AM

Abbott's key cancer drug fails trial

Abbott Laboratories halted a trial of a key drug after it failed to slow the progression of prostate cancer, the company said Monday.

Business 19 Jan 2006 | 12:00 AM

Chinese tycoon facing trial for alleged economic crimes

SHANGHAI: Tang Wanxin, a businessman whose conglomerate once was China's biggest stockholder, went on trial Thursday in central China on charges of alleged illegal banking and share price manipulation, state media reported.

Business 06 Feb 2013 | 12:00 AM

BP posts lower Q4 profits as oil spill trial looms

LONDON: Shrinking British oil company BP Plc announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its biggest oil spill payout when the case comes to trial later this month.

Business 07 Mar 2013 | 12:00 AM

Court fixes March 23 to finalise Repco Low’s trial details

KUALA LUMPUR: The Sessions Court has set March 23 to finalise details in businessman Low Thiam Hock’s trial over manipulation charges dating back to more than a decade.

Business 14 Dec 2013 | 6:48 AM

US rests its case in insider trading trial of SAC's Steinberg

NEW YORK: The government rested its case on Friday after four weeks of testimony in the insider trading trial of SAC Capital Advisors portfolio manager Michael Steinberg, sending the proceeding toward what is expected to be a swift resolution next week.

Business 01 Feb 2014 | 7:26 AM

Ireland puts first bankers on trial since crisis

DUBLIN: Ieland put three former bankers on trial on Friday in its first such case since the financial crisis that forced it to accept an 85 billion euro (69 billion pounds) international bailout.