
Malaysia’s Port Storm
From Asia Sentinel Malaysia's Anti-Corruption Commission has been tireless in the pursuit of wrongdoers, particularly those from the opposition Pakatan Rakyat coalition that controls Selangor, Malaysia's richest state. But somehow – perhaps just an oversight – the MACC has been dawdling for five years on a case that appears...

Malaysians live cheaply but paid poorly, too
From the Malaysian Insider AUG 29 – It pays to work in Switzerland: employees in Zurich and Geneva have the highest net wages in the world, a study by banking group UBS shows, while those in India’s Mumbai take home the lowest. The world’s cheapest places to live were Malaysia’s Kuala Lumpur, Manila in the Philippines,...

Bank of America settles Merrill Lynch suit for $150M
Bank of America Corp. will pay $150 million to settle a class-action lawsuit brought against the former Merrill Lynch & Co., which BofA acquired this year. The suit was brought by two Louisiana pension funds. They alleged Merrill and its executives gave false and misleading statements in connection with the sale of bonds...
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