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Top economists clash at Davos over ECB bond-buying

2015-01-22 00:00:00

DAVOS, Switzerland, Jan 21 (AFP) : Top economists in Davos clashed on Wednesday over the impending decision by the ECB to buy up sovereign debt, an unprecedented measure to fight deflation that powerful Germany believes would merely allow overspending eurozone...

Saad Musa best stall in BITEF

Our Correspondent | 2015-01-22 00:00:00

CHITTAGONG, Jan 21: Saad Musa Group has been adjusted the best stall in the recently concluded CMCCI Bangladesh International Trade and Export Fair (BITEF). The month-long fair held at Halishahar Abahoni Club ended on January 17 last.  President of Chittagong...

Europe car sales speed up after six years of decline

2015-01-22 00:00:00

PARIS, Jan 21 (AFP) : New car sales in Europe rose by nearly six per cent in 2014, ending a long slump in activity that began in 2007, but analysts warn the sector has not yet turned the corner in...

German investor sentiment rises in January: ZEW

2015-01-22 00:00:00

FRANKFURT, Jan 21 (AFP) :  Investment sentiment in Germany rose for the third month in a row in January, shrugging off the market turmoil sparked by the Greek political crisis and the Swiss franc shock, a survey found on Tuesday....

Nestle plans to invest $138m in Egypt

2015-01-22 00:00:00

CAIRO,  Jan 21 (Reuters) :  Swiss food giant Nestle plans to invest about 1 billion Egyptian pounds ($137.93 million) in Egypt in the next few years and believes economic reforms could deliver results, its regional CEO said on Monday. Political...

United Airlines mulls a change to existing Boeing orders

2015-01-22 00:00:00

CHICAGO, Jan 21 (Reuters): United Continental Holdings Inc  said on Tuesday it is considering whether to exchange aircraft orders it has placed with Boeing Co for larger 777-300ER jetliners, also made by the Chicago-based planemaker. We "have the ability to...

Greece cannot rebound without debt cut: Economist

2015-01-22 00:00:00

ATHENS, Jan 21 (AFP) : Struggling Greece will never recover without a generous debt cut, despite what the country's creditors might think, the politician likely to become the next finance minister said Tuesday. "To promote reforms one must settle the...

Deflation fears \\\'exaggerated\\\': ECB\\\'s ex-chief economist

2015-01-22 00:00:00

FRANKFURT, Jan 21  (AFP) : Deflation fears in the eurozone are "totally exaggerated" and being used as a pretext to push through new controversial measures, the ECB's former chief economist said in a newspaper interview Wednesday. The European Central Bank...

Sweden cuts growth forecast as economy slows

2015-01-22 00:00:00

STOCKHOLM, Jan 21 (AFP) : Sweden cut its growth outlook Tuesday as the Nordic country, one of Europe's strongest economies, shows further signs of slowing. "The slow recovery around the world is holding back the growth of the Swedish economy,"...

Photo: LONDON: Trade representatives speak during the Toy Fair 2015

2015-01-22 00:00:00

Stocks down, turnover up on Dhaka bourse

FE Report | 2015-01-22 00:00:00

Stocks on both the bourses Wednesday dipped for the fourth consecutive session and benchmark indices observed largest fall in this month amid nationwide blockade and strike in Dhaka division, stock brokers said. Capital market experts said probably investors are unable...

BB plans to bring the disabled into banking network

FE Report | 2015-01-22 00:00:00

The central bank has asked the commercial banks to allocate fund under annual corporate social responsibility (CSR) programmes to ensure banking services for physically challenged persons. "We want to bring the physically challenged persons into our banking network through strengthening...

DSE News in Brief

2015-01-22 00:00:00

Rights shares credited ICB The Corporation has informed that it has credited the Rights shares to the respective shareholders BO Accounts on January 20, 2015. Completion of transfer shares GPH Ispat Ltd. Mohammed Iqbal Hossain, one of the Sponsors of...

News Briefs

2015-01-22 00:00:00

Withdrawal of authorised representatives Banco Securities Banco Securities Limited (DSE TREC No. 63), has withdrawn one of its authorised representatives, Mr. Md. Maqsud Hassan, with immediate effect. Unique Share Management Unique Share Management Ltd., DSE TREC No. 109, has withdrawn...

Photo: DBBL

2015-01-22 00:00:00

Photo: ICMAB Best Corporate Award 2014 trophy

2015-01-22 00:00:00

Photo: British American Tobacco Bangladesh (BATB)

2015-01-22 00:00:00

Photo: Green Delta Insurance Company Limited

2015-01-22 00:00:00

Photo: The Annual Branch Conference-2014 of Prime Insurance Company Limited

2015-01-22 00:00:00

HK shares post biggest rise in three weeks

2015-01-22 00:00:00

HONG KONG, Jan 21 (Reuters): Hong Kong shares rose on Wednesday, in line with most Asian markets, as mainland stocks had big gains and investors expect China to make stimulus moves to boost economic growth. The Shanghai Composite Index produced...

US stock index futures edge lower

2015-01-22 00:00:00

NEW YORK, Jan 21 (Reuters): US stock index futures edged lower on Wednesday as IBM fell after the company gave a tepid outlook, though other high-profile names like Netflix and UnitedHealth rose on their results. Investors were also looking ahead...

Sebi for protection of all investors in corporate bond market

2015-01-22 00:00:00

MUMBAI, Jan 21 (PTI): Pitching for protection of corporate bond market investors, Sebi chairman UK Sinha today said the regulator has written to the government asking for access to recovery mechanisms to other investors beyond banks and financial institutions. "The...

Sensex, Nifty touch record high

2015-01-22 00:00:00

MUMBAI, Jan 21 (Reuters): The BSE Sensex and Nifty edged higher, hitting a record high for the second consecutive day and gaining for the fifth straight session, as blue-chips rose on hopes of additional monetary policy easing, while strong regional...

Greece leads European stocks lower

2015-01-22 00:00:00

LONDON/PARIS, Jan 21 (Reuters): European shares snapped a four-day rally on Wednesday with Greeks shares under pressure as anti-bailout party Syriza consolidated its lead ahead of the January 25 general election. Athens' general index was down 2.3 per cent at...

ITC stock falls over 5pc

2015-01-22 00:00:00

NEW DELHI, Jan 21 (Economic Times): ITC Ltd today reported a consolidated net profit of Rs 26.40 billion, up 10.7 per cent YoY, for the third quarter ended December 31, 2014, which was largely in line with ET Now estimates...

Photo: Islami Bank Bangladesh Limited (IBBL)

2015-01-22 00:00:00

Photo: Dhaka Bank Limited

2015-01-22 00:00:00

Photo: Debapriya Bhattacharya, Distinguished Fellow, Centre for Policy Dialogue (CPD),

2015-01-22 00:00:00

Photo: Rupali Bank

2015-01-22 00:00:00

IPO Diary

2015-01-22 00:00:00