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PILGRIM funds are characteristically seen as moderate and traditional, maybe even a little humdrum. This orthodox behaviour cannot be said about Malaysia's haj pilgrims fund board, Lembaga Tabung Haji (LTH).
WASHINGTON/LONDON: Cowboy local regulator or the exposer of lax federal bureaucrats? That's the key question being asked about New York banking regulator Benjamin Lawsky after his explosive charge that London's Standard Chartered bank abetted US$250 billion of money-laundering transactions with Iran.
LONDON: John Malone's Liberty Global struck a deal on Tuesday to buy British cable group Virgin Media for about US$15.75 billion in stock and cash, a move that would put the U.S. billionaire up against old rival Rupert Murdoch.