FE Today Logo

Search results for:


Stocks undergo rough ride

Babul Barman | 2014-11-15 00:00:00

Stocks edged lower for the second straight week, with key index of the prime bourse dipping below 5,000-mark as investors followed 'wait-and-see' approach. The week featured all five trading sessions. Of them, three sessions saw negative trend while two sessions...

China gives tax breaks on Hong Kong-Shanghai stock link

2014-11-15 00:00:00

SHANGHAI/HONG KONG, Nov 14 (Reuters): China will temporarily exempt taxes on profits made from a landmark scheme linking the Shanghai and Hong Kong stock exchanges, the finance ministry said on Friday, removing a potential stumbling block for global investors eager...

Indian shares rise to record closing highs

2014-11-15 00:00:00

MUMBAI, Nov 14 (Reuters): Indian shares ended at a record closing high on Friday as foreign investors continued to pile into domestically oriented blue-chips such as Asian Paints Ltd amid a slide in crude oil prices and data showing easing...

Al-Arafah Islami Bank Limited

2014-11-15 00:00:00

Vietnam Airlines claims long-awaited IPO \\\'a success\\\'

2014-11-15 00:00:00

HANOI, Nov 14 (AFP): Vietnam Airlines Friday said its long-awaited IPO had been "a success", raising more than $52 million for the national flag carrier, control of which remains firmly in state hands. After decades of speculation and multiple failed...

Weak economic growth weighs on euro, stocks

2014-11-15 00:00:00

LONDON, Nov 14 (AFP): Sluggish economic growth in eurozone heavyweights Germany and France weighed on the European single currency and the region's stock markets on Friday. Official data showed France and Germany only narrowly avoided a new recession in the...

Uttara Bank Limited

2014-11-15 00:00:00

Local currency depreciates

2014-11-15 00:00:00

    The local currency depreciated by Tk 0.10 against the greenback last week and was traded around 77.51 levels. The market will see the same tone next week as well. The average daily inter-bank USD/BDT transaction volume was about $35.02 million...

KL investors urged to invest beyond power, telecom sectors in Dhaka

Kamrun Nahar | 2014-11-15 00:00:00

KUALA LUMPUR, Nov 14: Bangladesh and Malaysia have a modest trade and investment value with tremendous growth potential, said a Malaysian deputy minister at a function here today (Friday). "Trade and investment value is relatively modest between Bangladesh and Malaysia...

German envoy visits PHP industrial park

Our Correspondent | 2014-11-15 00:00:00

CHITTAGONG, Nov 14: German Ambassador in- charge Ferdinand Vonwei who visited the PHP industrial park at Sitakunda on Thursday said he was overwhelmed to see the industrial park. "I think the PHP family is playing a pioneering role in the...

Onion prices rise sharply in city

FE Report | 2014-11-15 00:00:00

Prices of onion increased notably in the city's kitchen markets in the week that ended Friday, compared to its prices in the previous week. Market insiders expressed their concern over syndication of importers and big traders for the latest rising...

Power exhibitors outshine renewables at four fairs

2014-11-15 00:00:00

FE Report Participants at the ongoing four international fairs have expressed mixed reaction to the response they have got from customers. While foreign companies manufacturing electricity equipment are satisfied with the clients' response, others firms involved in solar, renewable and...

Biman\\\'s new MD set to take over in early Jan

2014-11-15 00:00:00

Kyle Haywood, the new managing director and chief executive officer (CEO) of the national flag carrier Biman Bangladesh Airlines, is going to take over his charge in the first week of January next, reports UNB. According to sources at Biman,...

India raises petrol, diesel prices

2014-11-15 00:00:00

NEW DELHI, Nov 14:  Petrol and diesel prices were yesterday hiked by Rs 1.50 a litre in India after government raised excise duty on the two fuel to mop up an additional revenue of about Rs 130 billion (13,000 crore)....

India, US breakthrough breathes \\\'new life\\\' into trade talks: WTO

2014-11-15 00:00:00

BRISBANE, Australia, Nov 14 (AFP): A breakthrough agreement between India and the United States in a bitter row over food subsidies has "breathed new life" into the World Trade Organization (WTO), Secretary-General Roberto Azevedo said Friday. Azevedo, in Australia for...

Malaysia\\\'s growth slows to 5.6pc in Q3 as exports drag

2014-11-15 00:00:00

KUALA LUMPUR, Nov 14 (Reuters): Malaysia's economy grew at its slowest pace this year during the third quarter, as annual growth slipped to 5.6 per cent from a revised estimate of 6.5 per cent growth in the previous quarter, with...

Euro zone grows faster than expected in third quarter

2014-11-15 00:00:00

BRUSSELS, Nov 14 (Reuters): Euro zone economic growth was stronger than expected in the third quarter, preliminary data showed on Friday, as France beat market expectations and Germany steered clear of a recession. A preliminary estimate by the European Union's...

Japan banks say lower credit costs help H1 profits exceed forecasts

2014-11-15 00:00:00

TOKYO, Nov 14 (Reuters): Japan's top three banks reported profits for the first half of the year far beyond their initial estimates, as reduced credit costs made up for more muted stock gains during a period of cooling enthusiasm over...

India\\\'s inflation hits 5-year low

2014-11-15 00:00:00

NEW DELHI, Nov 14 (AFP): India's inflation rate has hit a new five-year low, official data showed Friday, fanning speculation the central bank could finally start cutting interest rates and spur stumbling economic growth. Inflation as measured by the Wholesale...

Jubair\\\'s five earn Tigers strong lead

2014-11-15 00:00:00

Jubair Hossain struck for Bangladesh at every crucial juncture where Zimbabwe threatened to run away with the game on the third day, reports Cricinfo. His five wickets earned the home side a 129-run lead, which was later extended to 152...

scoreboard

2014-11-15 00:00:00

Bangladesh 1st innings: 503 (Imrul Kayes 130, Tamim Iqbal 109, Shakib Al Hasan 71; Sikandar Raza 3-123, H Masakadza 2-23, T Panyangara 2-70, S Masakadza 2-77) Zimbabwe 1st innings: (overnight 113-1) S Raza c Mahmudullah b Jubair     82 B Chari...

Clarke injured as Australia win

2014-11-15 00:00:00

PERTH, Nov 14 (AFP): Australian captain Michael Clarke suffered a worrying recurrence of a hamstring injury as his side beat South Africa by 32 runs in the opening one-day international at Perth's WACA Ground Friday. After being sent in to...

Abahani earn second successive win

2014-11-15 00:00:00

Abahani Ltd sealed their second successive win in the Dhaka Premier League (DPL) as they beat Prime Doleshwar Sporting Club by 8 wickets in a match at the Sher-e-Bangla National Cricket Stadium in the city Friday, reports UNB. Abahani beat...

Court names top officials in IPL corruption scandal

2014-11-15 00:00:00

NEW DELHI, Nov 14 (AFP): Indian cricket was thrown into turmoil Friday when the country's highest court said four top officials, including the sport's world chief Narayanaswami Srinivasan, may have been involved in corruption in the Indian Premier League. The...

Johnson wins best cricketer of the year award

2014-11-15 00:00:00

DUBAI, Nov 14 (AFP): Fiery Australian paceman Mitchell Johnson was named cricketer of the year by the International Cricket Council Friday, matching his countryman Ricky Ponting's feat of winning the award twice. Johnson, 33, spearheaded Australia's attack during a 5-0...

Eve booters face India today

2014-11-15 00:00:00

Bangladesh eve football team will take on strong India in their second group A match of the 3rd SAFF Women Championship scheduled to be held today (Saturday) at the Jinnah Stadium in Islamabad, Pakistan, reports BSS. Bangladesh will play their...

Thai sports minister visits press centre

2014-11-15 00:00:00

PHUKET (Thailand), Nov 14 (UNB): Thai Minister for Tourism and Sports Kobkarn Wattanawarangkul visited the main press centre of the 4th Asian Beach Games at Hotel Orchid in Phuket Friday and assured all kinds of media facilities at the games...

Right decision, wrong strategy about unfit vehicles: Experts

2014-11-15 00:00:00

The drive against unfit vehicles is necessary, but the way it is conducted across the country is wrong, making it a 'futile' exercise, say experts, reports UNB. "The drive against unfit and illegal vehicles must be a round-the-year exercise. If...

\\\'BNP spreading anti-state propaganda abroad\\\'

2014-11-15 00:00:00

Food Minister Advocate Quamrul Islam alleged Friday that BNP was trying to push the country backwards through carrying out an anti-state propaganda abroad in the name of criticisms of the government, reports UNB. "BNP was spreading an anti-state propaganda abroad...

Juba League rally at Suhrawardy Udyan today

2014-11-15 00:00:00

Awami Juba League (AJL) plans to assemble 0.5 million youths at its rally at the historic Suhrawardy Udyan in the city today (Saturday), reports BSS. With the slogan 'upsurge of youths through people's empowerment' the AJL will organise the rally...