JAKARTA, Sept 2- Indonesia's president promised quick "massive deregulation" on Wednesday to improve investor sentiment in Southeast Asia's largest economy. "We need to carry out massive deregulation and introduce new regulations that will really create a good climate for the economy as soon as possible. We are racing against time, "President Joko Widodo said...» Read More
The former chief executive of Brocade Communications Systems was sentenced to 21 months in prison for orchestrating a scheme to tamper with the company's records of stock option grants.
The Supreme Court upheld a ruling that investors cannot sue third parties such as banks and accounts in cases of securities fraud.
Beijing has given the final green light to the long-awaited restructuring of China's telecommunications sector that will include a series of mergers to create three industry giants capable of providing a full range of services, the South China Morning Post reported on Friday.
The office of New York Attorney General Andrew Cuomo on Thursday said it launched a formal investigation into Intel to determine whether the world's biggest chipmaker violated state and U.S. antitrust laws to squeeze out its rival, Applied Micro Devices.
French media stocks jumped following a speech from French President Nicolas Sarkozy Tuesday in which he proposed banning advertising on public television channels. The loss of income would be replaced by a levy on the advertising revenue of private television channels, according to the plans.
U.S. electronics firm Apple will soon announce steps to resolve European Commission charges that its iTunes stores broke EU rules by setting prices country by country in Europe, people familiar with the situation said on Tuesday.
Attorneys for the brothers of hedge fund manager Seth Tobias say his wife killed him because "Seth was worth substantially more to (her) dead than he was alive, and she knew that."
The U.S. Attorney's Office in Brooklyn has broadened its investigation into the collapse of two hedge funds that Bear Stearns managed, CNBC has learned.
Britain this year will give regulators greater power to intervene early when financial institutions run into trouble to avoid a repeat of the Northern Rock crisis, finance minister Alistair Darling said.
California sued the U.S. Environmental Protection Agency on Wednesday for denying its first-in-the-nation greenhouse gas limits on cars, trucks and SUVs, challenging the Bush administration's conclusion that states have no business setting emission standards.
The Federal Trade Commission will not block Google's $3.1 billion dollar deal to acquire Internet advertising company DoubleClick.
British pay-TV firm BSkyB looks set to have suffered a costly blow after a regulator said it should sell more than half of its 17.9 percent stake in ITV because it is hampering competition.
Temasek Holdings filed an appeal against an order to divest its stake in one of Indonesia's two largest mobile phone operators, the Straits Times reported on Wednesday.
China's state firms must carefully manage their books or face a risk of bankruptcy as the government ratchets up its economic tightening, the head of the country's state asset watchdog said on Tuesday.
China will intensify its policy tightening next year to curb credit growth, deputy central bank governor Liu Shiyu said in remarks published on Monday.
U.S. securities regulators sued two former financial advisers at Morgan Stanley Friday for defrauding at least 50 mutual fund companies and their shareholders.
A judge sentenced former media mogul Conrad Black to 6-1/2 years in prison for obstructing justice and defrauding shareholders of one-time newspaper publishing giant Hollinger International.
J Sainsbury and Asda, Wal-Mart's British supermarket unit, have admitted joining with other companies in fixing the price of dairy products in Britain, the Office of Fair Trading said Friday.
Christie's auction house will hold the first liquor auction since Prohibition this weekend in New York, with some rare whiskies expected to fetch up to $30,000 a bottle.
Tests on more than 1,200 children's products, most of them still on store shelves, found that 35 percent contain lead -- many with levels far above the federal recall standard used for lead paint.