Sri Lanka’s banking sector faced its biggest shock in years after National Development Bank uncovered an internal fraud worth Rs 13.2 billion. The Central Bank stepped in fast to calm...
Category: Business
China Banks Turn Creative as Mortgage Crisis Deepens
China’s property crisis is entering a new phase, and banks are now at the center of the storm. Falling home prices have pushed millions of mortgages underwater, leaving both lenders...
Aditya Shah Bets on SBI and HDFC Amid Banking Volatility
India’s banks are holding firm as markets swing with global tensions. Expert Aditya Shah of Hercules Advisors points to public sector banks and HDFC Bank as smart choices right now....
Egypt Banking Sector NFA Falls to $27.4 Billion in February
Egypt’s banking sector net foreign assets dropped to $27.4 billion in February. The Central Bank of Egypt reported a 7.1 percent decline from January’s figure. This shift highlights short term...
North Tyneside Council Refunds Over 40 Million In Business Rates
North Tyneside Council has handed back more than 40 million pounds in business rates refunds over the past decade. Figures reveal thousands of individual payments made to local firms as...
Car Crashes Into Oakland Park Rug Business in Dramatic Early Morning Impact
A dramatic crash in Oakland Park, Florida, early Sunday shook a local carpet cleaning and repair business and left its future uncertain. Surveillance footage from multiple angles captures the moment...
Young Contractor Beats Farm Cost Crisis With Clever Used Kit Buys
Harry Kennedy runs a growing contracting business in Hampshire by snapping up solid second hand machinery and keeping it running with family help. At a time when new equipment prices...
Jeffersontown Business Rebuilds One Year After EF-3 Tornado
Steve Kitts stands inside his Jeffersontown business on fresh flooring under a brand new roof. Just one year ago an EF-3 tornado ripped through the area and left JSO Wood...
U.S. Treasury Signals Support for Bill Restricting Illegal Immigrants from Banking Access
The United States Department of the Treasury has quietly signaled support for controversial new legislation that would bar individuals living in the country illegally from accessing the U.S. banking system....
Lake Norman Chamber Honors Top Business and Community Leaders at Gala
In a night filled with celebration and applause, the Lake Norman Chamber of Commerce gathered on March 19 to honor outstanding business and community leaders. The annual Chamber Gala at...