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First AirAsia bodies arrive

2015-01-01 00:00:00

SURABAYA, Dec 31 (AFP): Soldiers acting as pall bearers Wednesday carried coffins containing the first two bodies from AirAsia Flight QZ8501 into Surabaya airport from where the ill-fated plane departed, as sombre relatives gave their DNA to help identify loved...

Eight killed in Canada \\\'senseless mass murder\\\'

2015-01-01 00:00:00

MONTREAL, Dec 31 (AFP): Police in western Canada were investigating Wednesday the "senseless mass murder" of six adults and two children, who were apparently slain by a depressed man who later killed himself. Police Chief Rod Knecht said killings-the worst...

news digest

2015-01-01 00:00:00

Ailing Saudi king, 91, admitted to hospital for checks RIYADH, Dec 31: Saudi Arabia's ailing King Abdullah, 91, was admitted to hospital on Wednesday for "medical checks," the royal court said. The king, whose age and frequent hospitalisation have raised...

Cloud business a harder sell in post-Snowden era

Deepa Seetharaman and Bill Rigby of Reuters | 2015-01-01 00:00:00

This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored. In the end, the deal survived...

Hong Kong economy becomes intertwined with mainland

Clare Baldwin, Yimou Lee and Clare Jim of Reuters in Hong Kong | 2015-01-01 00:00:00

When Xi Jinping wanted to deliver a political message to Hong Kong as protesters demanding free elections were threatening to take to the streets, he summoned the tycoons who dominate the city's economy. The words from the Chinese leader at...

As US-led combat mission ends, Afghan women fear oppression

Jessica Donati of Reuters in Kabul | 2015-01-01 00:00:00

No one ever claimed responsibility after a suicide bomber rammed into the vehicle of celebrated female parliamentarian Shukria Barakzai. She walked away from the wreckage after the November 16 blast that killed three civilians and wounded 20. The Taliban often...

Q1 to be a chaotic quarter for oil prices

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

Commodity prices have moved down sharply in H2, after a mixed performance in H1. "Of a sample of 27 commodity prices that we track, only four have risen in H2, and only aluminium has risen by more than 5 per...

US easing of light crude export ban to put pressure on Asian producers

2015-01-01 00:00:00

SINGAPORE, Dec 31 (Reuters): Formal US government approval to ease a 40-year-old ban on exports of crude oil will squeeze Asian producers already scrambling to cut costs amid diminished revenues due to a crash in energy prices and weaker currencies....

Indonesia scraps controversial gasoline subsidy

2015-01-01 00:00:00

JAKARTA, Dec 31 (AFP): Indonesia's government will scrap its gasoline subsidy from January 1 to free up more funds to boost the slowing economy, a senior minister said Wednesday. The prices of gasoline and diesel in Southeast Asia's biggest economy...

Growth rate to rise further

2015-01-01 00:00:00

FE Report Country's gross domestic product (GDP) is expected to rise further to 6.3 per cent in FY 15, Standard Chartered Global Economic Research Views Thursday said. According to Bangladesh Bureau of Statistics (BBS), the GDP growth for FY 14...

Managing Director

2015-01-01 00:00:00

Export boost expected from next denim expo

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

A two-day denim expo will begin here on March 01 with high hopes for wooing overseas buyers to boost export of the quality clothing item. Organisers said the third version of the Denimsandjeans Expo will take place at Hotel Radisson....

20th DITF begins today

2015-01-01 00:00:00

FE Report The 20th Dhaka International Trade Fair (DITF) 2015 will begin today (Thursday). Prime Minister Sheikh Hasina will formally inaugurate the fair at 11:00 am at Sher-e-Banglanagar in the capital. "We are going to arrange a good fair. All...

Mosharraf Hossain made MD of PKB

2015-01-01 00:00:00

Mosharraf Hossain Chowdhury has joined Probashi Kallyan Bank (PKB) as managing director (MD) recently. Prior to his joining the PKB, he was deputy managing director (DMD) of Janata Bank Limited and Rajshahi Krishi Unnayan Bank, said a press release. He...

S Korean CPI stays at 15-year low in 2014

2015-01-01 00:00:00

SEOUL, Dec 31 (Xinhua): South Korea's consumer price inflation (CPI) stayed at a 15-year low in 2014 on the back of low prices of crude oil and farm goods, boosting worries about deflation, a government report showed Wednesday. Consumer prices...

China factory activity contracts in Dec as slowdown deepens

2015-01-01 00:00:00

SHANGHAI, Dec 31 (Reuters): Activity in China's factory sector shrank for the first time in seven months in December, a private survey showed on Wednesday, highlighting the urgency behind a series of surprise easing moves by Beijing in the past...

Anemic growth warrants easy monetary policy: IMF chief

2015-01-01 00:00:00

ROME, Dec 31 (Reuters): Accommodative monetary policy will remain necessary for as long as global growth remains weak, IMF managing director Christine Lagarde said in a newspaper article published on Wednesday. With the global economy in a fragile state, central...

Singapore economy grows slower than expected

2015-01-01 00:00:00

SINGAPORE, Dec 31 (AFP): Singapore's trade-sensitive economy grew at a slower-than-expected rate of 2.8 per cent in 2014 as the city-state cut its reliance on foreign workers, Prime Minister Lee Hsien Loong said Wednesday. The slowing growth was attributed in...

Vietnam\\\'s economy expands 5.98pc in 2014

2015-01-01 00:00:00

HANOI, Dec 31 (AFP): Vietnam's economy grew 5.98 per cent in 2014, the highest for three years, despite a festering banking crisis and damaging anti-China riots, authorities said Wednesday. The figure-higher than last year's increase of 5.42 per cent and...

China home prices fall faster in Dec

2015-01-01 00:00:00

BEIJING, Dec 31 (AFP): Falls in China's housing prices accelerated in December, a survey showed Wednesday as oversupply continued to weigh on the market and developers offered discounts to shore up their balance sheets towards the year-end. The average price...

Tamim Iqbal poised for swift return

2015-01-01 00:00:00

Tamim Iqbal is expected to return to cricket within two or three weeks, after he underwent arthroscopic evaluation and surgery on his left knee in Melbourne Monday, reports Cricinfo. According to Dr David Young, the orthopaedic surgeon performed the procedure,...

Fourth round super league matches of DPL tomorrow

2015-01-01 00:00:00

The revised 4th round super league matches of the Walton Refrigerator Dhaka Premier Division Cricket League will be held tomorrow (Friday) at three separate venues in the city and its adjoining areas, reports BSS. On the day, Abahani Limited take...

Men\\\'s H’ball final today

2015-01-01 00:00:00

Border Guard Bangladesh (BGB) take on Bangladesh Police in final of the EXIM Bank 24th Men's Handball schedule to be held today (Thursday) at the Shaheed Captain Mansur Ali Handball Stadium, reports BSS. The match kicks off at 3:00 pm,...

Saimon finishes 45th

2015-01-01 00:00:00

Saimon Siddiqur Rahman finished 45th position in the 4th Dhubotara Cup Open International Chess Tournament that concluded recently in Damka, Nepal, reports BSS. Saimon earned 5 points out of 9 games. 9th or last round games were held last Monday...

Victory Day Karate begins

2015-01-01 00:00:00

The Marcel Victory Day Karate Tournament, organised by Bangladesh Karate Federation, began at the Shaheed Suhrawardy National Indoor Stadium in the city Wednesday, reports UNB. State Minister for Youth and Sports Biren Sikder inaugurated the meet while President of Bangladesh...

South Africa seek series win

2015-01-01 00:00:00

CAPE TOWN, Dec 31 (AFP): South Africa will literally be trying to make up for lost time when they take on the West Indies in the third and final Test at Newlands Friday. Although the West Indies put up an...

NZ donates kit, funds to Pak school massacre survivors

2015-01-01 00:00:00

PESHAWAR, Dec 31 (AFP): Senior Pakistani batsman Younis Khan Tuesday delivered players' kits and a financial donation from the New Zealand cricket team to the child survivors of Pakistan's worst ever terror attack. Khan visited the army school in Peshawar...

MS Dhoni puts brakes on record-breaking Test career

2015-01-01 00:00:00

NEW DELHI, Dec 31 (AFP): Mahendra Singh Dhoni, the proud owner of a fleet of motorbikes, has lived life in the fast lane ever since he quit his job as a railways ticket inspector to realise his dream of playing...

Barisal Div trails by 136 runs

2015-01-01 00:00:00

Saiful Islam's 7-wicket haul restricted Barisal Division to 93/10 in the first innings against Khulna Division and they trailed by 136 runs on the 2nd day of the 3-day match of Young Tigers Under-18 National Cricket Competition at the Shaheed...

Steps should be taken to raise awareness \\\'about fraudulence in real estate sector\\\'

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

FE Report The line ministry of the real estate sector should take various measures including publishing warning notices in media to raise awareness relating to fraudulence by some realtors, a top executive of a leading developer company said. He also...