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FINCO goes 'organic' through 2013 with $98m problem loans

FINCO is relying on existing borrowers to “carry us through” to the end of its 2013 financial year, having suffered a “bit of a spike” in accounts over 90 days past due during the 2012 third quarter.

Sands defends care for Bimini victim

HEALTH Minister Dr Duane Sands yesterday defended the efforts made to save Alain Perez’s life after he was shot in Bimini over the weekend amid allegations by a friend of the victim that “inaction” by Bahamian officials and an “under-equipped” clinic contributed to his death.

Ayton has double double, Suns roll past Lakers 130-104

PHOENIX (AP) — Chris Paul scored a season-high 28 points, Deandre Ayton added 21 points and 11 rebounds and the Phoenix Suns rolled past the Los Angeles Lakers 130-104 last night.

Bahamas vs USA in FIBA AmeriCup 2020 Qualifiers

THE Bahamas recently released its pool of players for the third and final leg of the FIBA AmeriCup 2020 Qualifiers and we are now starting to learn about the team they will be facing in game one as the United States begins to put its roster together.

Bahamas girls ready for under-17 Centrobasket in San Juan

THE Bahamas Basketball Federation will field its first team for a busy summer with the upcoming Centrobasket Under-17 Championships. The U-17 Girls will be hosted at the Roberto Clemente Coliseum in San Juan, Puerto Rico. Team Bahamas will be capta

Fox invited to spring training with Rays

LUCIUS Fox is set to begin his 2019 season at an elevated status and continues his progression through the Tampa Bay Rays organisation.

Swimmers get set for the 23rd Speedo Winter Championships

Betty Kelly Kenning National Swim Complex was crowded this past weekend as spectators from Abaco, Grand Bahama and New Providence watched as swimmers tried to achieve times to qualify for the 23rd Speedo Winter Swimming Championships in Plantation, Florida, on November 21-24.

Anthony Newbold's words prick consciences

AS ANTHONY “Ace” Newbold took his place at the lectern of Holy Trinity parish church on Friday, he looked down on the draped coffin of his friend of 30 years, then donned the mantle of a Marc Antony come to bury his Caesar. This Bahamian Anthony, like that Roman Antony, and his Caesar, was determined not to let the good that Edmund Spencer Moxey, 80, had done for his people be interred with his bones.

Bahamian companies wait two years for $1m fraud recovery pay

Bahamian companies battling to recover assets lost in a $400 million financial fraud are experiencing “financial stress” themselves because they have not been paid almost-$1 million due for two years’ work.

Giants clobber Shockers 91-79

AFTER losing their season opener a week ago, the New Providence Basketball Association’s defending champions Commonwealth Bank Giants took their frustrations out on the Real Deal Shockers at CI Gibson Gym Saturday night.

Barracudas win invitational meet

THE Barracuda Swim Club won their Atlantic Medical Barracuda Invitational meet over the weekend at the Betty Kelly Kenning Swim Complex.

Bran open to FNM coalition

DEMOCRATIC National Alliance Leader Branville McCartney yesterday confirmed he had been approached “several times” by senior members within the Free National Movement, as well as sitting FNM MPs, to join the official opposition.

Timeless Gold

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THE fact that gold prices have been subdued over the past year must be one of the most counterintuitive financial market dynamics of recent times. The precious metal is known as a safe haven, and a hedge against rising inflation. We certainly have had plenty of both recently, so why are gold prices down by more than 15 percent in relation to the yearly maximum reached in March? The answer is relatively straightforward: Blame the US dollar.

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