Novoair stops flight operations for financial crisis
Novoair, a Bangladeshi private airline company, shut down its operations from Friday (May 2) due to an internal financial crisis...
Tags : financial crisis
Over 50pc loans of 21 NBFIs now defaulted
Fifty per cent of the loans issued by 21 non-bank financial institutions (NBFIs) turned non-performing as of September, revealing a dire financial crisis in the sector...
BB will not print any fresh money to solve financial crisis: governor
Bangladesh Bank Governor Ahsan H Mansur on Tuesday said that the central bank would not print any fresh money to lend to the government for solving financial crisis...
Sri Lanka votes in presidential election
Cash-strapped Sri Lanka voted for its next president Saturday in an effective referendum on an unpopular International Monetary Fund austerity plan enacted after the island nation鈥檚 unprecedented financial crisis...
All major US banks pass Fed鈥檚 2024 鈥榮tress test鈥�
All 31 big US banks have passed the Federal Reserve鈥檚 annual 鈥榮tress test鈥櫬燿esigned to assess how well they would fare in a major financial crisis, the US central bank said Wednesday, while warning that losses would be higher than last year...