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Photo: DAKAR, Senegal: IMF Managing Director Christine Lagarde (R) in a meeting

2015-02-01 00:00:00

Photo: MADRID, Spain: A shopper checking

2015-02-01 00:00:00

MoC mkt monitoring team performance to be reviewed today

Talha Bin Habib | 2015-02-01 00:00:00

The Ministry of Commerce (MoC) will review the performances of market monitoring teams today (Sunday) aiming to keep the prices of essential commodities under control, officials have said. "We will review the performances of our monitoring teams and discuss the...

Panasonic closes TV plant in China, to sell Mexican factory

2015-02-01 00:00:00

TOKYO, Jan 31 (AFP):  Panasonic has closed its last remaining TV manufacturing factory in China and is to sell its plant in Mexico as part of a restructuring plan aimed at stemming losses, a newspaper said Saturday. The Japanese electronics...

US economy cools in fourth quarter, but consumer spending shines

2015-02-01 00:00:00

WASHINGTON, Jan 31 (Reuters) :  US economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006. The slowdown followed two back-to-back quarters of bullish...

India\\\'s FDI increased by 26 per cent in 2014: UN

2015-02-01 00:00:00

GENEVA, Jan 31 (PTI):  Notwithstanding the decline in global foreign direct investment inflows, India's FDI increased by 26 per cent in 2014 to nearly USD 35 billion with maximum growth in the services sector, a UN report has said. China...

China home prices break falling streak in January: Survey

2015-02-01 00:00:00

BEIJING, Jan 31 (AFP):  China's housing prices rose in January for the first time in nine months, a survey showed Saturday, breaking a decline that has weighed on growth in the world's second-largest economy. The average price of a new...

Japan\\\'s biggest airlines foresee smooth annual earnings

2015-02-01 00:00:00

TOKYO, Jan 31 (AFP) : Japan's two biggest airlines on Friday projected smooth full-year earnings, with All Nippon Airways (ANA) placing a $2.2 billion order for Boeing and Airbus planes, while rival Japan Airlines (JAL) raised its full-year profit forecast....

Malaysia reach semifinal beating Lanka by 2-0 goals

2015-02-01 00:00:00

SYLHET, Jan 31 (UNB): Malaysian Under-23 side is the first team to reach semi-final of the six-nation Bangabandhu Gold Cup International Football Tournament with all-win record beating Sri Lanka by 2-0 goals in their 2nd and last Group A match...

Bahrain face Singapore today

2015-02-01 00:00:00

Favourite Bahrain take on Singapore in the group B match of the Bangabandhu Gold Cup International Football Tournament today (Sunday) at the Bangabandhu National Stadium in the city, reports BSS. Private satellite channel 'Channel 9' will telecast live the match...

2nd round of NCL begins today

2015-02-01 00:00:00

The second round matches of four-day National Cricket League (NCL)  begins today (Sunday) with four matches slated on the day, reports BSS. On the day, Barisal Division will take on Khulna Division while Rangpur Division face Sylhet Division at the...

Shamsun Nahar Hall sports contest held

2015-02-01 00:00:00

The annual sports contest of Shamsun Nahar Hall of the Dhaka University (DU) was held on its playground Friday, said a press release. DU Vice-Chancellor Prof Dr AAMS Arefin Siddique inaugurated the programme as the chief guest while Pro-VC Prof...

Aamer not fast-tracked: Pak chief

2015-02-01 00:00:00

KARACHI, Jan 31 (AFP): Pakistan's cricket chief Saturday denied that Mohammad Aamer is being fast-tracked back into international cricket after a five-year ban, saying he will be monitored "on and off the field" before his re-entry. The 22-year-old was on...

Qatar to defy France in WC final

2015-02-01 00:00:00

DOHA, Jan 31 (AFP): It is the handball World Cup final no one predicted and brings together one of the sport's oldest powers against its newest. On Sunday evening when pre-tournament favourites France take on hosts Qatar, it will be...

Aussies win Asian Cup

2015-02-01 00:00:00

SYDNEY, Jan 31 (AFP): Substitute James Troisi smashed home a dramatic extra-time winner as Australia beat South Korea 2-1 to win their first Asian Cup title in an electrifying final Saturday. Troisi broke Korean hearts with the very last kick...

NZ coast to 7-wkt win over Pakistan

2015-02-01 00:00:00

WELLINGTON, Jan 31 (AFP): New Zealand cruised to a seven-wicket win over an underdone Pakistan in the first of their two one-day internationals in Wellington Saturday. After removing Pakistan for 210 in the 46th over, New Zealand reached their target...

Dominant Serena beats Sharapova for 19th Slam

2015-02-01 00:00:00

MELBOURNE, Jan 31 (AFP): Serena Williams won her sixth Australian Open and 19th career Grand Slam with a hard-fought win over bitter rival Maria Sharapova Saturday, consolidating her place among the game's legends. The 6-3, 7-6 (7/5) triumph means the...

sports digest

2015-02-01 00:00:00

Clarke denies rift with Australian teammates SYDNEY, Jan 31: Australian captain Michael Clarke Saturday rejected speculation about a rift with teammates as he battles for fitness ahead of the World Cup. Speaking as he returned to the field for a...

233.33pc salary hike for BSEC chief proposed

Rezaul Karim | 2015-02-01 00:00:00

The Bank and Financial Institutions Division (BFID) of the Ministry of Finance (MoF) has proposed a new salary structure for the chairman and commissioners of the Bangladesh Securities and Exchange Commission (BSEC), officials said. The proposed salary (total) for the...

Indian mkts end lower last week

2015-02-01 00:00:00

MUMBAI, Jan 31 (Business Standard): Benchmark share indices ended last week marginally lower after the sharp fall on Friday following India's biggest ever equity offering from Coal India while rise in non-performing assets of ICICI Bank and Bank of Baroda...

Nikkei share average rises

2015-02-01 00:00:00

TOKYO, Jan 31 (Reuters): Japan's Nikkei share average rose on Friday as strong company earnings led by Nomura Holdings and Advantest Corp buoyed sentiment, but a sell-off in index-heavyweight SoftBank Corp limited the gains. The Nikkei ended 0.4 per cent...

HK shares have biggest weekly loss in 7 weeks

2015-02-01 00:00:00

HONG KONG, Jan 31 (Reuters): Hong Kong shares fell for a second day on Friday, racheting up it biggest weekly loss in seven weeks as sharp falls in mainland stocks and a weaker yuan hurt sentiment. "The depreciation in the...

Photo: Social Islami Bank Limited

2015-02-01 00:00:00

BB Governor for HC bench to resolve financial dispute-related cases

FE Report | 2015-02-01 00:00:00

Bangladesh Bank Governor Dr. Atiur Rahman Saturday stressed the need for establishing a bench in the High Court to resolve financial dispute-related cases. "If a bench can be created only for hearing financial cases, many cases related to financial irregularities...

British Council, HSBC launch Kids Read in Ctg

Our Correspondent | 2015-02-01 00:00:00

CHITTAGONG, Jan 31: The British Council with supported grants from The Hong Kong and Shanghai Banking Corporation Ltd (HSBC) launched 'Kids Read' this morning at Naziria Naymia Mahmudia Madrasha in Chandgaon BSCIC Industrial Area in the port city. 'Kids Read'...

Textile, RMG machinery expo begins Feb 4

FE Report | 2015-02-01 00:00:00

The Dhaka International Textile and Garment Machinery Exhibition (DTG 2015) is set to begin February 4 at the Bangabandhu International Conference Center (BICC) in the city. At the four-day expo, around 880 exhibitors from about 32 countries and regions are...

IFS identified as number one vendor

2015-02-01 00:00:00

IFS, the global enterprise applications company, has been identified as the number one vendor in market share in enterprise asset management (EAM) and field service management (FSM) software for the oil and gas industry by ARC Advisory Group, said a...

Photo: Marico Bangladesh Limited receiving ICMAB Best Corporate Award -2014

2015-02-01 00:00:00

Charge of sensationalism unfounded

Nilratan Halder | 2015-01-31 00:00:00

Do the media sensationalise? A few of them certainly do but the majority belonging to the mainstream take a prudent approach even when there is a clear temptation for the same. What is happening in the name of political activism...

Exploiting potential of livestock sector

Obaidur Rahman | 2015-01-31 00:00:00

Export of livestock animals are prohibited in Bangladesh, according to a law promulgated immediately after our independence by a President Order no. 23, titled 'Bangladesh Wildlife (Protection) Act 1973' and thereafter an amendment in 1974 amending name of 'Wildlife Animal'...