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BETTER LATE THAN NEVER: After Thursday’s deadly mishap, Railway authority started demolishing illegal establishments set up on both sides of tracks in city’s Karwanbazar area on Friday.

13 Sep 2014, 12:00 am0

BETTER LATE THAN NEVER: After Thursday's deadly mishap, Railway authority started demolishing illegal establishments set up on both sides of tracks in city's Karwanbazar area on Friday.

Asset bubbles could deflate global recovery

In a world still struggling to shake off the worst financial crisis for a generation, many economists are worrying that new asset bubbles are already threatening to derail the tepid global recovery.Concern has been rising that investors are paying too much for securities in a search for good returns when interest rates are hovering near record lows, creating the bubble conditions for a new market crash.The Bank of International Settlements warned at the end of last month that financial markets...

28 Jul 2014, 12:00 am