SAO PAULO, Nov 12 (Reuters): Brazil's central bank Friday allowed banks to set aside less capital for some consumer loans of up to five years, seeking to protect local credit markets from the impact of global financial turmoil. Policy-makers lowered...
NEW DELHI MUMBAI, Nov 12 (Business Standard): Lenders to the Vijay Mallya-promoted Kingfisher Airlines will meet tomorrow to discuss if additional funding could be provided to the airline which has run into more financial turbulence. State Bank of India (SBI),...
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Saturday voiced deep concern over the price hike of diesel and furnace oil, reports UNB. "Production and transportation costs in readymade garment industry will become costlier and the level of competence will fall...
Siddique Islam The credit growth rate in the private sector declined further in September last as the commercial banks are cautiously disbursing loans, bankers said Saturday. The rate of private sector credit growth came down to 21.98 per cent in...
FE Report Leaders of five associations whose members consume compressed natural gas (CNG) have threatened to shut down their businesses for an indefinite period if the government further increases the price of the environment-friendly fuel. They also came down heavily...
LONDON, Nov 11 (AFP):England goalkeeper Joe Hart has told coach Fabio Capello he is willing to risk burn-out by playing every minute of his country's preparations for Euro 2012. Hart is firmly established as England and Manchester City number one...
LONDON, Nov 11 (AP): The English Football Association has charged Chelsea manager Andre Villas-Boas with improper conduct over his criticism of a referee. Villas-Boas said Chris Foy's performance in Chelsea's 1-0 loss at Queens Park Rangers last month was "very,...
ISLAMABAD, Nov 12 (Reuters): Pakistan removed restrictions on the import of 12 goods from India as part of measures to normalise trade between the nuclear-armed rivals, Pakistani officials said Saturday. Pakistan has long been reluctant to open up trade with...
MALE, NOV 12 (PTI): Taking their bilateral ties to a new high, India and Maldives today inked six agreements, including a historic framework accord on development cooperation with a standby credit facility of $100 million to help stabilise Maldivian fiscal...
SAO PAULO, Nov 11 (Reuters): Cuba is seeking a credit of $200 million from Brazil to import agricultural machinery and technology in hopes of increasing food output and reducing its reliance on imports, a Brazilian official said Friday. The communist...
BEIJING, Nov 12 (PTI): China's foreign trade will expand by 20 per cent to USD 3.5 trillion next year despite a decline in export markets worldwide due to the downturn in the US and EU economies, according to a ministry...
HONOLULU, Hawaii, Nov 12 (AFP): The leaders of Chile and Vietnam Friday signed an accord to lift tariffs on thousands of goods, giving a boost to the small but rapidly growing trade between the Pacific Rim nations. In the fruition...
LONDON, Nov 12 (AFP): Prices of industrial metals slid this week as the ongoing eurozone debt crisis dented demand for copper and tin, but oil futures rose thanks to geopolitical tensions over Iran. BASE METALS: Major industrial metals prices declined,...
DUBAI, Nov 12 (Reuters): Abu Dhabi's annual inflation rate slowed to a 22-month low of 0.9 per cent in October as transport prices in the Gulf emirate eased and housing costs were unchanged, data showed Saturday. Inflation in the emirate,...
Siddique Islam The credit growth rate in the private sector declined further in September last as the commercial banks are cautiously disbursing loans, bankers said Saturday. The rate of private sector credit growth came down to 21.98 per cent in...
FE Report Leaders of five associations whose members consume compressed natural gas (CNG) have threatened to shut down their businesses for an indefinite period if the government further increases the price of the environment-friendly fuel. They also came down heavily...
LONDON, Nov 11 (AFP):England goalkeeper Joe Hart has told coach Fabio Capello he is willing to risk burn-out by playing every minute of his country's preparations for Euro 2012. Hart is firmly established as England and Manchester City number one...
LONDON, Nov 11 (AP): The English Football Association has charged Chelsea manager Andre Villas-Boas with improper conduct over his criticism of a referee. Villas-Boas said Chris Foy's performance in Chelsea's 1-0 loss at Queens Park Rangers last month was "very,...
Sonia H Moni Loan disbursement for Small and Medium Enterprises (SMEs) run by women entrepreneurs increased significantly during the first six months of the year compared to the last year. Bangladesh Bank (BB) data showed that banks and non-banking financial...
CHENNAI, Nov 12 (IANS): Logging an average business growth of 27 per cent this fiscal, public sector non-life insurer United India Insurance Company Ltd last Thursday said it is targetting a gross premium of Rs 80.0 billion and sizeable reduction...
HONOLULU, Nov 12 (AP): Leaders working to forge a free trade bloc in the Pacific plan to announce an outline for achieving that goal at an annual Asia-Pacific summit this weekend, one of many initiatives aimed at fending off recession...
ATHENS, Nov 12 (Reuters): Greece's new cabinet may last a month or two longer than planned, a senior government official said Saturday, but whatever happens Greeks should not expect any relief from the tough austerity measures they have endured for...
WASHINGTON, Nov 12 (AFP): US President Barack Obama Saturday renewed his appeal to Congress to pass a plan aimed at creating new jobs, saying military veterans returning to civilian life must be able to find work. In his radio and...
BRUSSELS Nov 12 (AP): The European Union, never known for its light touch, is pushing through the euro crisis with an unusually heavy hand. Surprisingly, few people seem to be complaining. Brussels - and the leaders of the EU's two...
BAGHDAD, Nov 12 (AFP): Iraq demanded Saturday that oil giant ExxonMobil choose between a new contract it has signed with the Kurdistan regional government and its existing contract for the huge West Qurna-1 field in the south. "We categorically deny...
KUALA LUMPUR, Nov 12 (Reuters): Malaysia's central bank kept its key interest rate unchanged at 3.00 per cent at its last monetary policy meeting for 2011 Friday, but warned of risks to growth as some analysts predicted a possible easing...
ROME, Nov 12 (AFP): Italian lawmakers were set to give the nod Saturday to a reform package aimed at staving off bankruptcy, as Greece got to work on its own economic makeover after a week of eurozone debt trauma. Italy's...
LONDON, Nov 11 (AFP):England goalkeeper Joe Hart has told coach Fabio Capello he is willing to risk burn-out by playing every minute of his country's preparations for Euro 2012. Hart is firmly established as England and Manchester City number one...
LONDON, Nov 11 (AP): The English Football Association has charged Chelsea manager Andre Villas-Boas with improper conduct over his criticism of a referee. Villas-Boas said Chris Foy's performance in Chelsea's 1-0 loss at Queens Park Rangers last month was "very,...
BEIJING, Nov 12 (Xinhua): Over 10 million entrepreneurs emerged in 90 Chinese cities between the start of 2008 and the end of 2010, the number growing on average 15 per cent each year, said an official from the Ministry of...
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