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China economy experiencing \\\'period of pain\\\'

2014-11-16 00:00:00

BRISBANE,  Nov 15 (Reuters) : China's economy is going through a 'period of pain' as authorities try to shift it toward slower, more sustainable growth, with the rapid expansion of its shadow banking sector a major problem, the vice finance...

BRICS leaders dissatisfied with slow IMF reforms

2014-11-16 00:00:00

BRISBANE, Nov 15 (IANS): The BRICS leaders Saturday reaffirmed their disappointment and serious concern over the non-implementation of the 2010 International Monetary Fund (IMF) reforms at an informal meeting hours ahead of the G20 leaders summit in Brisbane. In a...

China-US visa deal to unleash travel, trade boom

2014-11-16 00:00:00

BEIJING, Nov 15 (PTI): The new liberalised visa agreement between China and the US will unleash a major travel and trade boom between the world's two largest economies and will also be used as a template by Beijing to make...

Vanishing consumer brand may return, says Nokia

2014-11-16 00:00:00

LONDON, Nov 15 (Reuters): Don't call it a comeback yet. But Nokia is thinking about how to revive its brand name in consumer markets just months after selling off its former flagship mobile phones business to Microsoft for more than...

US consumer sentiment at more than seven-year high

2014-11-16 00:00:00

NEW YORK, Nov 14 (Reuters): US consumer sentiment rose in November to a more than seven-year high as falling unemployment and lower gasoline prices boosted views on both current conditions and expectations, a survey released on Friday showed. The Thomson...

EU accuses Netherlands on Starbucks tax deal

2014-11-16 00:00:00

BRUSSELS, Nov 15 (BSS/AFP): European Union regulators Friday publicly accused the Netherlands of awarding coffee-shop giant Starbucks unfair tax breaks, laying out their case at a time when such practices have fueled an uproar. The EU's allegation that a sweetheart...

Smaller businesses stand to gain much from TTIP

2014-11-16 00:00:00

STRASBOURG, Nov 15 (Xinhua): The Socialists & Democrats group in the European Parliament (PE) is hosting a conference on the Transatlantic Trade and Investment Partnership (TTIP) next Tuesday in Brussels. While TTIP has been perceived as being mainly in the...

Chinese banks\\\' bad loans ratio rises

2014-11-16 00:00:00

BEIJING, Nov 15 (Reuters): Chinese banks' bad loan ratio rose to 1.16 percent at the end of September up 0.09 percent points from June, the banking regulator said on Saturday. The data could add to concerns that the slow economy...

Mominul ton sets tall target

2014-11-16 00:00:00

Mominul Haque's fourth Test century laid the foundation for Bangladesh to press on for a win in the third Test in Chittagong, reports Cricinfo. Zimbabwe were set a stiff target of 449 and although they got off at a brisk...

13-member squad named for 2 ODIs against Zimbabwe

2014-11-16 00:00:00

Bangladesh Cricket Board (BCB) Saturday announced a 13-member One Day International (ODI) squad, headed by newly recruited regular ODI Captain Masrafe Bin Moratza, for the first two matches of the 5-match Bashundhara Cement ODI Series against Zimbabwe, reports UNB. The...

MSC record first win in DPL

2014-11-16 00:00:00

Mohammedan Sporting Club (MSC) recorded their first win in the Walton Dhaka Premier Division Cricket League beating Victoria Sporting Club by 53 runs in the second round match Saturday at the Sher-e-Bangla National Cricket Stadium in the city, reports BSS....

Clarke out of SA ODI series with injury

2014-11-16 00:00:00

PERTH, Australia, Nov 15 (AFP): Skipper Michael Clarke will miss the rest of Australia's one-day series against South Africa with a persistent hamstring injury, Cricket Australia said Saturday. Clarke reinjured his troublesome left hamstring as he made just 11 in...

Relentless Pakistan eye series win in Dubai

2014-11-16 00:00:00

DUBAI, Nov 15 (AFP): Pakistan will continue to attack a hapless New Zealand with spin as they eye a series win in the second Test starting in Dubai from Monday. Pakistan inflicted a big 248-run defeat on the Kiwis in...

Germany labour as Ronaldo sets goal record

2014-11-16 00:00:00

PARIS, Nov 15 (AFP): World champions Germany laboured to a 4-0 win over Gibraltar in Euro 2016 qualifying Friday as Cristiano Ronaldo became the tournament's all-time leading scorer and Scotland edged Ireland 1-0 in a blood and thunder clash. Elsewhere,...

Awarding WC to Qatar \\\'a mistake\\\': Cantona

2014-11-16 00:00:00

PARIS, Nov 14 (AFP): Former France idol Eric Cantona has added his voice to the growing wave of criticism of FIFA's vote to award the 2022 World Cup to Qatar. A day after world football's governing body was thrown into...

Djokovic seals year-end top spot, makes semi-finals

2014-11-16 00:00:00

LONDON, Nov 15 (AFP): Novak Djokovic was at his imperious best as he sealed the year-end world number one spot and advanced to the semi-finals of the ATP Tour Finals with a 6-2, 6-2 thrashing of Tomas Berdych Friday. Djokovic...

Colombia comes from behind to beat US 2-1

2014-11-16 00:00:00

LONDON, Nov 15 (AP): Teofilo "Teo" Gutierrez headed in a late goal as Colombia came from behind to beat the United States 2-1 in a friendly at Craven Cottage Friday. Wilting under late pressure is becoming all too familiar for...

sports digest

2014-11-16 00:00:00

Pakistan spinners not unplayable: Latham DUBAI, Nov 15: New Zealand opener Tom Latham is convinced Pakistan's spinners are not unplayable, but his team will have to adapt quickly if they want to level the series in the second Test starting...

Photo: VIENNA: Brazilian football team striker Neymar

2014-11-16 00:00:00

The race for power in Asia

Hasnat Abdul Hye | 2014-11-16 00:00:00

Asia has emerged as the great prize in the geo-political arena for which rivalry among great powers is being ratcheted up. The prize consists of spreading both political and economic spheres of influence. At least this is true for the...

Mozena\\\'s zero-tariff theory on apparel exports

Syed Ashraf Ali | 2014-11-16 00:00:00

There is an interesting debate-or should we say, war of words-going on between the US Ambassador, Dan W. Mozena and Commerce Minister Tofail Ahmed on the latter's claim that Bangladesh pays $800 million each year as tariff for export of...

Raid against illegal foreigners

2014-11-16 00:00:00

The arrest of 31 foreign nationals, all coming from African countries, during an orchestrated raid by the Detective Branch of the Dhaka Metropolitan Police (DMP) in, at least, three residential areas of Dhaka city Friday last would surely provoke a...

Streamlining healthcare system

Shahiduzzaman Khan | 2014-11-16 00:00:00

The Bangladesh chapter of the international graft watchdog TIB (Transparency International Bangladesh) has, in a recent survey, found widespread corruption and irregularities in the country's health sector in the areas of appointment, promotion and deputation of the doctors. Doctors, employees...

APEC summit endorses China\\\'s proposal

Mohammad Amjad Hossain from Virginia, USA | 2014-11-16 00:00:00

The People's Republic of China has successfully promoted its agenda for establishing "Free trade area of the Asia-Pacific."  This has been reflected in a joint statement issued after a two-day summit of the Asia-Pacific Economic Cooperation (APEC) in Beijing. If...

Illegally staying foreigners and their crimes

2014-11-16 00:00:00

Illegally staying foreigners and their crimes Recently the law enforcement agency members detained 31 foreigners for illegally staying in our country. Even after expiry of their visas they stayed back in our country. Many of foreigners who stay illegally in...

Remembering Humanyun Ahmed on his birthday

2014-11-16 00:00:00

People remembered their favourite writer Humayun Ahmed on his birth day on November 13. He was not only a novelist but was also a playwright and director. But, above all, I would like to remember him as a creator of...

Need for repairing broken roads to reduce traffic jam

2014-11-16 00:00:00

The Finance Minster recently said that poor traffic management and not poor road conditions causes traffic gridlock in Dhaka. I don't quite agree with his observation, as many of our roads are broken and full of holes, which hamper smooth...

Export trade under strains

Saleh Akram | 2014-11-16 00:00:00

Despite political stability since January 05 elections, the country's export trade registered a negative growth during the first four months of the current financial year. It was surprising that the country's export business had performed better during the turbulent times...

What investors need to know

Md. Mosarraf Hossain | 2014-11-16 00:00:00

A sound understanding of financial statements (FS) is crucial for investors because these reflect a true and fair view of the financial position and financial performance of a company as well as providing a base for forecasting the financials. Investors...

UNESCO in 70 years: Achievements and challenges

Quazi Faruque Ahmed | 2014-11-16 00:00:00

United Nations Educational, Scientific and Cultural Organization (UNESCO) enters 70 years today. Its constitution was adopted and signed today, 16 November in 1945 in London. The constitution however, came into force on 4 November 1946 after ratification by twenty countries...