From the monthly archives:

December 2008

Citibank launching DCC services

by admin December 10, 2008

Citibank, N.A., Bangladesh will formally launch its Direct Custody and Clearing (DCC) services in Bangladesh on Dec. 15. This will enable Citibank to better support its global clients and channel more foreign portfolio investments into the emerging Bangladesh capital market, said a press release. Faruq Ahmad Siddiqi, chairman of the Securities and Exchange Commission, will [...]

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Oil may fall below $25

by admin December 10, 2008

Crude oil may dip below $25 a barrel next year if the recession that is slashing fuel demand around the world spreads to China, according to a Bloomberg report. Global oil demand will contract in 2009 as economic growth slows to its weakest since 1982, Bloomberg quoted Merrill Lynch Commodity Strategist Francisco Blanch as saying. [...]

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