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2015-01-24 00:00:00

Oil market upheaval looms over Saudi succession

2015-01-24 00:00:00

RIYADH, Jan 23 (AFP): King Abdullah's death could not have come at a worse time for Saudi Arabia's vital oil sector as the absolute monarchy seeks to reassert its leadership in a fast-changing industry. After an exceptional decade that saw...

Chicago agricultural commodities closed lower

2015-01-24 00:00:00

CHICAGO, Jan 23 (Xinhua): Chicago agricultural commodities closed lower yesterday with all three major commodities falling. The most active corn contract for March delivery fell 4.25 cents, or 1.10 per cent, to close at 3.8375 US dollars per bushel. Soybeans...

Gold slips from 5-month high as dollar, shares climb on ECB move

2015-01-24 00:00:00

LONDON, Jan 23 (Reuters): Gold fell on Friday, pulling back from a five-month high, as the euro hit an 11-year low against the dollar and shares rose after the European Central Bank announced a multi-billion euro bond-buying programme to revive...

Taking steps to get EU ban on Indian vegetables lifted: Govt

2015-01-24 00:00:00

NEW DELHI, Jan 23 (PTI): Indian government Thursday said it is taking all diplomatic steps to help get the European Union ban on four Indian vegetables lifted and is taking up the issue at appropriate forums. Union Minister of State...

Australia\\\'s Arrium shuts iron ore mine as prices plunge

2015-01-24 00:00:00

SYDNEY, Jan 23 (AFP): Australian miner Arrium Friday said it was shutting one of its iron ore operations with 580 jobs set to be lost, as plunging commodity prices continue to hurt higher-cost producers. Arrium, one of Australia's largest iron...

Yemen thrown into turmoil as president resigns

2015-01-24 00:00:00

SANAA, Jan 23 (agencies): Yemen drifted deeper into political limbo Friday after President Abd-Rabbu Mansour Hadi resigned in exasperation at a Houthi rebel takeover of the country, a move that appeared to catch the Iran-backed group off balance. Hadi, a...

Ukraine cedes airport on one of bloodiest days of war

2015-01-24 00:00:00

DONETSK, Jan 23 (agencies): Russian-backed separatists in east Ukraine say 24 of their fighters have been killed in a rocket attack on the recently captured airport outside their main stronghold city of Donetsk. Rebel defense spokesman Eduard Basurin said the...

Crude bomb explosion kills 2 in eastern India

2015-01-24 00:00:00

PATNA, Jan 23 (AP): A crude bomb exploded Friday in a court in eastern India, killing two people, police said. Senior police officer Gupteshwar Pandey said one of the dead was a woman who allegedly carried the bomb in a...

Saudi rights still urgent issue after king\\\'s death: Amnesty

2015-01-24 00:00:00

DAVOS, Jan 23 (AFP): As the world's powerful mourn the deceased Saudi King Abdullah, don't forget about the horrors inflicted on blogger Raef Badawi, Amnesty International head Salil Shetty told AFP in an interview Friday. Shetty was speaking on the...

Ousted Thai PM Yingluck banned from politics, faces criminal charges

2015-01-24 00:00:00

THAILAND, Jan 23 (agencies): Thai authorities dealt a double blow to ousted Prime Minister Yingluck Shinawatra and her powerful family Friday, banning her from politics for five years and proceeding with criminal charges for negligence that could put her in...

news digest

2015-01-24 00:00:00

10 feared dead after boat collision near S Korean island SEOUL, Jan 23: Ten people were feared dead after a Chinese fishing boat sank in international waters near the South Korean resort island of Jeju, officials said Friday. Three survivors...

BD to meet SL in 4th match today

2015-01-24 00:00:00

Bangladesh Under-19 Cricket team will take on hosts Sri Lanka Under-19 side in their fourth match of the five-match Youth ODI series at 10:30 am (Bangladesh time) at R Premadasa Stadium in Colombo today (Saturday), reports UNB. Earlier, Bangladesh reduced...

Tigers leave for Australia today

2015-01-24 00:00:00

Bangladesh National Cricket team will leave for Brisbane of Australia today (Saturday) night with a target to reach the 2nd round of the ICC World Cup 2015 to be held in Australia and New Zealand from February 14 to March...

35th American Cup Golf begins in city

2015-01-24 00:00:00

The three-day 35th American Cup Golf Tournament sponsored by Chevron Bangladesh began at Kurmitola Golf Club in the city Friday, reports UNB. Chief of Air Staff Air Marshal Muhammad Enamul Bari and Chevron Bangladesh president and Tournament Committee chairman Kevin...

FIFA confirms loss of three major sponsors

2015-01-24 00:00:00

LONDON, Jan 23 (AFP): World governing body FIFA confirmed Friday that three major sponsors have ended their relationships with the organisation, but said there was nothing unusual about the development. Oil manufacturers Castrol, tyre company Continental and healthcare giant Johnson...

Ronchi, Elliott record stand sets up NZ win

2015-01-24 00:00:00

DUNEDIN, Jan 23 (AFP): A record batting blitz by Luke Ronchi and Grant Elliott set New Zealand up for an overwhelming 108-run win over Sri Lanka in their fifth one-day international in Dunedin Friday. In a stunning display of power...

BD beat Singapore

2015-01-24 00:00:00

Bangladesh National Hockey team beat hosts Singapore 3-0 in a place-deciding match of the eight-nation FIH Hockey World League (round-2) in Singapore Friday, reports UNB. In the match, Mahmud Russell, Pushkor Khisa Mimo and Mainul Islam scored one field goal...

Steve Smith guides Australian chase

2015-01-24 00:00:00

HOBART, Jan 23 (AFP): Steve Smith's incredible summer continued when he produced an unbeaten century to guide Australia to a three-wicket victory over England in a tri-series one-day international in Hobart Friday. Promoted to the captaincy with regular skipper George...

sports digest

2015-01-24 00:00:00

Ajmal hopeful of clearing bowling action test LAHORE, Jan 23: Pakistan spinner Saeed Ajmal Thursday raised hopes that he will pass a bowling action test after he was suspended last year, but ruled out any chance of featuring in next...

Iraq, UAE triumph in night of upsets

2015-01-24 00:00:00

SYDNEY, Jan 23 (AFP): The United Arab Emirates shocked holders Japan and Iraq sent their arch-rivals Iran crashing out as a stunning night of upsets turned the Asian Cup on its head Friday. A double-header of quarter-finals ended in two...

Bourses see free fall

2015-01-24 00:00:00

FE Report Listed stocks on both the bourses declined in four sessions except one after restive politics dampened investors' sentiment last week, brokers said. Stocks brokers said exchanges witnessed the 'worst' week in January as moribund investment sentiment sends a...

Prime Bank Limited

2015-01-24 00:00:00

Lankan shares hit 1-month closing low on foreign fund outflow

2015-01-24 00:00:00

COLOMBO, Jan 23 (Reuters): Sri Lankan shares fell to a one-month closing low on Friday, led by selling by foreign investors, slipping by more than 3 per cent in the week on concerns over political stability as the government got...

Taka appreciates further

2015-01-24 00:00:00

The local currency appreciated further last week against the greenback and was traded around 77.80 levels on the last day of the week. Bangladesh Bank started purchasing foreign currency from interbank to mop up the excess liquidity. Market might see...

Hong Kong shares end at 4-month high after ECB stimulus

2015-01-24 00:00:00

HONG KONG, Jan 23 (Reuters): Hong Kong shares extended a global rally on Friday to reach their highest level in more than four months after the European Central Bank launched a landmark bond-purchasing stimulus programme to support the euro zone...

Futures tick up after rally, indexes set for strong week

2015-01-24 00:00:00

NEW YORK, Jan 23 (Reuters): US stock index futures edged up on Friday, following a sharp rally in the previous session that returned the S&P 500 and Nasdaq to positive territory for the year and put major indexes on track...

Tokyo stocks rise 1.05pc after ECB stimulus move

2015-01-24 00:00:00

TOKYO, Jan 23 (AFP): Tokyo stocks rose 1.05 per cent by the close Friday after European and US markets rallied on the European Central Bank's announcement of a bigger-than-expected stimulus programme. The Nikkei 225 index at the Tokyo Stock Exchange...

Greek shares lead European shares higher after ECB boost

2015-01-24 00:00:00

LONDON, Jan 23 (Reuters): Greek shares led euro zone stock markets higher on Friday, boosted before Sunday's pivotal elections by the European Central Bank's decision to buy government bonds. European shares were set for their biggest weekly gain in over...

\\\'BIMSTEC carries more potential than SAFTA\\\'

Asjadul Kibria | 2015-01-24 00:00:00

An international research organisation, based in Jaipur, India, has found the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral and Technical and Economic Cooperation) to be more potential umbrella for trade negotiations than the SAFTA (South Asia Free Trade Area). Disappointed...