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MALAYSIA has a history of its government seeking to support its local technology and innovation efforts by providing venture capital (VC) money.
SC publicly reprimands two auditors for oversight
PETALING JAYA: The Securities Commission (SC) has publicly reprimanded two auditors for failing to comply with the International Standards on Auditing when auditing the financial statements of a public interest entity.
Most users find value in enhanced auditors’ report
PETALING JAYA: The enhanced auditors’ report (EAR) has spurred constructive behavioural changes within the financial reporting ecosystem and improved engagement between investors and companies in Malaysia.
Three former staffers of audit watchdog charged with criminal and civil offences
WASHINGTON: The U.S. government on Monday announced criminal and civil charges against three former staffers of an audit watchdog, accusing them of providing confidential information to help accounting firm KPMG pass regulatory inspections.
US Senate diverges over renewal of Internet spying law
A Senate panel approved legislation to renew the National Security Agency's Internet surveillance program, while other lawmakers pushed a competing measure seeking to end the ability to search for data on Americans without a warrant.
Senators push bill requiring warrant for U.S. data under spy law
WASHINGTON (Reuters) - A bipartisan group of at least 10 U.S. senators plans to introduce on Tuesday legislation that would substantially reform aspects of the National Security Agency's warrantless internet surveillance program, according to congressional aides.
Ex-US spy chiefs urge Congress to renew Internet surveillance law
Former US intelligence officials who worked for both Republican and Democratic presidents urged Congress to renew an Internet surveillance programme.
Puerto Rico benchmark bond drops to record low after Trump remark
NEW YORK (Reuters) - Puerto Rico's benchmark general obligation bonds fell on Wednesday, hitting a record low, after U.S. President Donald Trump suggested late on Tuesday that island's massive debt load will have to be wiped out because of devastation caused by Hurricane Maria.
Puerto Rico oversight board asks Washington for more aid for island
(Reuters) - Members of the board in charge of resolving Puerto Rico's debt crisis met this week with Trump administration officials and members of the U.S. Congress to ask for more financial assistance for the hurricane-struck island, the panel said on Saturday.
Chinese drop investment in maps firm HERE after US resistance
A Chinese-led group has withdrawn its offer to buy a stake in German carmaker-backed mapping company HERE after it failed to win approval from a US national security oversight board.
