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Banks are exposed to five core risks through their operation, which are-credit risk, asset/liability risk, foreign exchange risk, internal control & compliance risk, and money laundering risk. Among these risks management of credit risk gets most...

INTERNATIONAL Obama signs bill to suspend $ 1.1 bn aid to Pak US President Barack Obama  has signed into law a massive $1.1 billion defense spending bill that also seeks to suspend a big cut of $1.1 billion military aid to Pakistan,...

The following is the 2014 Budget Speech tabled by Prime Minister and Minister of Finance Datuk Seri Najib Tun Razak at the Dewan Rakyat Friday. PM Najib Tun Razak “STRENGTHENING ECONOMIC RESILIENCE, ACCELERATING TRANSFORMATION AND FULFILLING...

New Delhi: New Delhi: Promising to usher in an era of strong economic growth, job creation, tackling the corruption menace, zero tolerance on terrorism and a strong foreign policy, the Bharatiya Janata Party released its manifesto for the 2014 Lok Sabha...

Today’s compendium of economic, political, and environmental events is a doozy. Starting with a taper at home we cover the latest developments in Europe, the Greek meltdown, Ukrainian angst and Russian manuvers, Latin American politics, Indian...