BEIJING - Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms. The signing of the MOU between China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the US Public Company Accounting Oversight Board (PCAOB) is a significant ...
BEIJING - China is planning to steadily push forward market-oriented reform in its interest rates and exchange rates mechanisms this year as part of the financial sector reforms to better serve the real economy, a central bank report said on Friday. The "China Financial Stability Report (2013) released by the People's Bank of China stressed that it would be steadily promoting the interest ...
Undeveloped corporate debt market is a weakness in India's financial system and high fiscal deficit is further complicating the problem, Prime Minister Manmohan Singh said Friday. "A weakness in our financial system relates to the market for corporate debt. While the market for government debt is very large, the market for corporate debt has yet to develop as it should. It is not large enough ...
MUMBAI: Falling for the sixth day in a row, the rupee today ended 4 paise lower at fresh six-month low of 55.63 against dollar on sustained demand of US currency from exporters and some banks, amid capital outflows in stocks. On a weekly basis, the rupee fell by 1.36 per cent or 75 paise as dollar demand outweighed supply and stocks fell. Today, rupee commenced slightly lower at 55.61 a dollar ...
Now this grudge has got an official form. In a significant move, the Competition Commission of India (CCI) has admitted a complaint against the government's move to allow foreign airlines to invest in Indian carriers except AI. The complainant, Delhibased lawyer Ankit Jain, has said that such a move denies a level playing field to the national airline. A ...
What Women Want [DVD]
Playing Nick Marshall, the wealthy, successful, male-chauvinist Chicago ad executive in What Women Want marks the first time Mel Gibson has played the lead role in a straight romantic comedy. While the more recent entries into the Lethal Weapon franchise have played like comedies with an extreme body count, Gibson has never been in a movie like this one, which is surprising beca ... ...
Nestle India. "Antonio Helio Waszyk, chairman and managing director, shall step down from the position of managing director with effect from October 1, 2013, to take up a new assignment within Nestle Group. He would continue to be the non-executive chairman of the company," the company stated in its filing to ...
) on Friday fired a fresh salvo against pesky messages and unwanted calls, asking phone operators to disconnect all "telecom resources" - which includes phone, internet and other connections - to those who are flouting the guidelines. The disconnection will last two years. The latest move will impact unregistered telemarketers, most of whom were so far unregulated and using a loophole ...
BSE , a 1.4% decline on Friday. The counter saw hectic activity with over 28 lakh shares of the company being traded on the two exchanges combined. India Cements' earnings for the last quarter of 2012-13 also came below expectations. Higher costs pushed down realizations with adjusted PAT (profit after tax) plunging 59% year-on-year to around Rs. 26.3 crore during the ...
ISLAMABAD: Pakistan's Ministry of Petroleum and Natural Resources (MOPNR) has reversed its decision to ban cars over 1000cc from using CNG as fuel - saying it was 'not implementable.' The decision had been taken after being approved by the Prime Minister - an approval which the Law Ministry now says is 'a negation of the constitution.' Prime Minister Hazar Khan Khoso on ...
KARACHI: The largest tax collecting unit of the Federal Board of Revenue (FBR) has suggested that utility service providers should disconnect services to users who have not paid their taxes, official sources said on Thursday. In its budget proposals for the upcoming financial year, the Large Taxpayers Unit (LTU) Karachi has suggested changing the withholding tax regime. At present, gas and ...
Making the news
We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.
The U.S. president was speaking on his administration's counter terrorism policy.
THE WESTIN, LOS ANGELES AIRPORT
This substantial hotel is easily accessed on Century Boulevarde. Driving in to the entrance area, the hotel main lobby greets ...Keep reading
Record Your Vote
The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
Malaysia SunMalaysia Sun - Malaysian news as it happens
Newspapers the world over strive to provide readers with the ultimate news coverage.
The Malaysia Sun is no exception.
As an online news service we have advantages over traditional newspapers in that stories can be added and updated 24 hours day.
Our objective is to provide the most comprehensive Malaysian news available, from our resources, contracted wire services and an inventory of some thousands of sources comprising newspapers, cable and TV networks, radio stations, public broadcasters, NGOs and others, Malaysian news is a priority.
National news comes first. We do however strive to provide a complete news services for our readers. World news headlines top several of our pages, we also provide news on what's happening in business, and in the financial markets.
Whether it's the latest Nikkei 225 reading in Tokyo, the sterling exchange rate in London, or the status of the Nasdaq in New York, whether it's local Malaysia news, the weather forecast for Malaysia you'll find it all in the Malaysia Sun.
From Johor to Kelantan and Kuala Lumpur, the Malaysia Sun should be your number one choice for breaking news - local, regional, and national.
The organisational elections of the Malyasian Indian Congress (MIC), including the presidential election, will be held in 2014, a media report said Saturday.
The party's acting president G. Palanivel said that the presidential election will be held between January and March next year and this will be followed by elections of other top office-bearers.
Formed in 1946, the MIC is one of the oldest political parties in Malaysia.
It is one of the three major constituents of that country's ruling Barisan Nasional coalition, other two being the United Malays National Organisation and the Malaysian Chinese Association.
Speaking after a meeting of the party's Central Working Committee (CWC), Palanivel said that a committee would be formed by November this year to oversee the elections.
He also brushed aside speculations that the chairmen of the party's state units have been pushed to pass a "no contest" resolution for the president's post.
"I did not ask the states to do that. If anyone wants to challenge me, it is up to them," the Malaysian Star quoted him as saying.
"I am not thinking about it right now. People can challenge me or return me unopposed. That is not important to me. My focus is to strengthen the party. ...
- China to allow US auditors access to records of Chinese firms
- China central bank report promises financial sector reforms
- Fiscal deficit affecting corporate debt market PM
- Rupee falls for 6th day down 4 paise against dollar
- CCI to probe why AI cant get FDI
- Obama Urges Military to Stamp Out Sexual Assaults
- Japan leads at mens World Gymnastics Cships
- Gaza-bound Aid Ship Boarded by Israeli Forces
- Palestinians Await Ship Attempting to Break Gaza Siege
- Kuwait says port project to continue despite Iraqi opposition
- Diversion of flight fails to save passenger from Ireland
- Pakistani plane forced to land near London two held
- Two held over Pakistani planes mid-air alert
- Britain sends up fighters as Pakistani plane diverted
- Context Launches Kyoto and Tokyo Japan Walking Tours
- Study to question popularity of environmental investing
- Environmental Groups Court Strikes Down Bush Administration Pollution Monitoring Loophole Upholds Publics Right to Know
- Environmental Groups Judge Dismisses Inyo County Lawsuit to Open Roads in Remote Death Valley Wilderness
- Environmental Defense Fund Co-sponsor of Global Warming Solutions Act to Provide Testimony at San Jose Public Workshop on Draft Scoping Plan to Implement Law
- Institute for Agriculture and Trade Policy New Global Contract Needed to Re-Assert Basic Rights Protect Environment
- $2.6 mn necklace spirited away at Cannes Film Festival
- Healthy heart ensures healthy kidney
- Heart healthy lifestyle may help protect kidney patients from dying prematurely
- Jitendra Singh urges states to take action to curb illegal practices in sports
- Lifestyle Woman 21 married to five brothers
- Heart failure ups risk of male menopause 4 fold
- Experts predict next European pensions market trends
- ABP reviews pensions due to improved financial position
- Europe’s retirement provisions insufficient to serve ageing populations
- OECD country pension funds on the road to recovery
Subscribe to our Newsletter
Get the latest Malaysia Sun headlines delivered to your inbox.
- Malaysian Indian Congress to hold its polls in 2014
- Preparations on for Sikh festival in Malaysia
- Amnesty International USA Charges Against Malaysian Opposition Leader Anwar Ibrahim Politically Motivated
- Rela member in coma after being hit by escaping motorcyclist
- PKR rep asks for top GLC roles