Hard Money Loans

The Bangladesh government is poised to offer Nobel laureate Professor Muhammad Yunus a respectable position in the bank he founded after a series of global uproars. View full post on Banking Stories

Ayinde O. Chase – AHN News Editor Shelton, CT, United States (AHN) – A Connecticut honors student who was banned from his high school prom after a creative proposal backfired has had the ban reversed. The incident sparked hundreds of thousands of people to post support notes on Facebook and the matter garnered more than [...]

Ayinde O. Chase – AHN News Editor Toronto, Canada (AHN) – A Canadian teen has won the admiration of many and a cash prize for using a scientific supercomputing network to develop a promising drug therapy mix to aid in helping in the fight against cystic fibrosis. Sixteen-year-old Marshall Zhang, an 11th grader from Bayview [...]

Kris Alingod – AHN News Contributor New York, NY, United States (AHN) – New York City Mayor Michael Bloomberg unveiled a $65.7 billion budget on Friday that continued to rely on slashing thousands of teaching positions despite opposition. The budget aims to fix a record a $4.58 billion deficit deficit and a $6.1 billion decrease [...]

Kris Alingod – AHN News Contributor Palo Alto, CA, United States (AHN) – Stanford University became the latest Ivy League school on Friday to reinastate the Reserve Officers Training Corps. The Palo Alto campus’ faculty senate voted 28-9 to let the military set up an ROTC program despite opposition over the ban on transgender people [...]

Hong Kong and Shanghai Banking Corporation pulled out of retail banking on Monday from Russia. Instead of engaging in retail banking, HSBC said it will focus on making available global lending services to industrial and corporation clients. View full post on Banking Stories

Saleem Samad – AHN News Correspondent Dhaka, Bangladesh (AHN) – Pro-government student activists and supporters traded bullets Tuesday morning for supremacy over a student’s dorm in a campus in Dhaka, leaving 70 hurt. The predawn fire fight between two factions of the ruling Awami League student organization, Bangladesh Chhatra League (BCL), occurred at Dhaka University’s [...]

Lack of regulation and a surplus of donor funds in Bangladesh’s microcredit industry have led to NGOs pushing loans to over-indebted borrowers, says BRAC, the world’s largest development organization and heavily involved in the country’s microfinance industry. View full post on Banking Stories

Saleem Samad – AHN News Correspondent Dhaka, Dhaka, Bangladesh (AHN) – To ensure quality of lessons, making classes more interesting, Bangladesh will adopt visual communication as a teaching tool for school and college students. The government has decided to introduce multimedia classrooms beginning in June 2012. Recent studies claim that students are losing interest in [...]

Banking giant JP Morgan posted a profit of $5.6 billion for the first three months of the year, a 67 percent increase from $3.3 billion for the same period last year, the company has announced. View full post on Banking Stories