A bank in India is helping sex workers save their money for a brighter future. MOREINFO: The bank was started by a sex-worker collective in the heart of Mumbai's red light district. More than 1,200 sex workers now hold accounts at the Sangini Women's Co-operative Society bank, which will soon introduce low-interest loans. SCRIPT: India's financial capital Mumbai is a beacon for sex workers from all over South Asia, yet prejudice and red tape has locked them out of the banking system. Many sex workers lack proof of identification which excludes them from opening up bank accounts and those who do have the necessary documents say they're often made to feel unwelcome at banks. Now a new bank especially for sex workers removes the traditional obstacles SOUNDBITE: Unidentified woman "I have two children, a boy and a girl. The girl is married and the boy is small. I want to educate him so he can get a good job so that he can marry and be happy, that's my dream." Many investors...
he mayor of Amsterdam announced plans on Monday to overhaul the city's red-light district, an area known for prostitution, sex shows and soft drugs. Job Cohen said he doesn't want prostitution...
After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura has agreed to buy Lehman Brothers' equities and investment banking business in Europe and the...
After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura Holdings is to pay up to $525 million for Lehman's Asia Pacific franchise and is front-runner to...
TiVo, the popular U.S. television-recording device, is finally arriving in Canada in early December. - The TiVo set-top device, which allows viewers to record shows and skip commercials,...
Hong Kong shares rebound on Thursday(October 9), after recording a nearly 13 percent slide so far this week, helped by coordinated central bank action around the world and a raft of favourable...
Asia stocks largely gained on Thursday with investors gaining confidence following solid business spending data out of the United States. Japan's Nikkei rose 3 percent (14,124) its best daily gain...
Asia stocks ended the week on a high note with investors soothed by signs of bigger than expected economic growth figures in the United States. Exporters such as Toyota were among the top gainers....
While consumers in the United States struggle with rising fuel prices, Venezuela's gasoline the cheapest in the world at 12 cents per gallon. Venezuelan President Hugo Chavez, a fierce...
Japan's top mobile phone player, NTT docomo, is looking for overseas acquisitions amid tough competition at home. New CEO Ryuji Yamada says a recent 30% stake in a Bangladesh carrier is just the...
Asia stocks dropped for a fourth consecutive session on Wednesday with sky high oil prices and inflation woes punishing markets across the region. Japan's Nikkei fell 1.3 percent (13,286 ) with...
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