Cathay known China under names similar to "Cathay", that country was known to the peoples of South-East Asia and India under names similar to "China" (cf. e.g. "Cina" in modern Malay). Meanwhile, in China itself, people usually referred to their nation state based on the name of the ruling dynasty, e.g. "Da Ming Guo" ("the kingdom of the Great Ming"), or as the "Middle Kingdom" ("Zhongguo" 中國); see also Names of China for details. When the Portuguese reached South-East Asia (Afonso de Albuquerque conquering Malacca in 1511) and the southern coast of China (Jorge Álvares reaching the Pearl River estuary in
Cathay Pacific agreements. It was fined US$60 million. The airline has subsequently set up an internal Competition Compliance Office, reporting to chief operating officer John Slosar, to ensure that the Group complies with all relevant competition and antitrust laws in the jurisdiction in which it operates. The breaches for which Cathay Pacific Cargo were being investigated in the US were not illegal under Hong Kong competition law. In September 2008, three of Cathay Pacific's top ten global accounts, Lehmann Brothers, AIG and Merrill Lynch, hit financial trouble. In March 2009, the airline reported a record full-year loss of HK$8.56 billion for 2008,