SEBI needs to get tougher
The market regulator may remove the option to settle serious cases like insider trading without admitting guilt. That could lead to even less enforcement from the SEBI than at present. But if it hardens SEBI's resolve to land a high-profile conviction, such self-denying ordnance may be worth it, writes Jeff Glekin. Full Article
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Trial of Myanmar's Suu Kyi adjourned for a week
YANGON |
YANGON (Reuters) - The court hearing the case of Myanmar opposition leader Aung San Suu Kyi adjourned her trial for another week on Friday, citing an administrative error, her lawyer said.
"The Supreme Court did not send the case files to the lower court, so the case has been adjourned until July 10," Nyan Win told reporters.
"Daw Aung San Suu Kyi expressed her surprise that this happened."
Suu Kyi, 64, is charged with breaching the terms of her house arrest by allowing an American intruder to stay at her home on May 4. She faces five years in prison if found guilty.
The postponement came as United Nations Secretary-General Ban Ki-moon arrived in the military-ruled country for a two-day visit, during which he will meet with junta supremo Than Shwe and has asked to see Nobel laureate Suu Kyi.
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