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Former WorldCom Inc chief executive Bernard Ebbers has been charged with criminal fraud and the US government said a key prosecution witness would be his top lieutenant, who has pleaded guilty.
THE Malaysian branch of the Asean Intellectual Property Association (Aipa) expects to hold a dialogue soon with the relevant authorities on fine-tuning some of the intellectual property laws to enhance the country's competitive edge as a key player in global trade and commerce, its branch head Chew Phye Keat said.
JAPAN'S Mitsubishi group is in talks to sell its stake in Perusahaan Otomobil Nasional Bhd (Proton) back to the Government as Proton steps up its search for a new foreign partner to help it battle falling sales.
REGIONAL integration arising from rapid expansion of intra-regional trade in Asia will lead to greater demand for over-the-counter (OTC) financial derivatives and as such, Malaysian banking institutions must be prepared to compete in this highly innovative and agile global industry, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.
At an international conference he attended three years ago, Tan Wei Ming discovered a few facts that would ultimately influence his choice of career.
BANK Negara, Institut Bank-Bank Malaysia (IBBM), the Malaysian Bar Council and International Swaps and Derivatives Association (ISDA) - the organisers of the 4th Banking and Financial Law School 2004 Conference on Feb 19 - expect about 200 participants, mainly over-the-counter (OTC) derivatives practitioners in Malaysia, to attend the event.
The Securities Commission (SC) is seeking to get more bite in its pursuit of suspects in cases that fall under the Securities Industry Act 1983 (SIA). This is in light of the difficulties it currently faces in completing its investigation of companies believed to have breached the act.