Search FT.comJapan will adopt a controversial \"fair value\" international accounting rule for some of its companies, bolstering the position of the global standard setter after setbacks in the US and Europe.

In Chandigarh, are traffic rules meant to be broken?Jumping red lights, driving without helmets and seatbelts, using mobile phones behind the wheel, they do it all. It seems many Chandigarh residents throw traffic rules out of the window, accounting for over 500 'challans' or fines every day!

NBA: Sacramento 84, Houston 81HOUSTON, March 3 (UPI) -- Carl Landry made two free throws with 4 seconds to play Wednesday and the Sacramento Kings survived a last-second shot to defeat Houston 84-81.