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Merkel backs ‘in principle’ EU plan to revive economy

2014-11-27 00:00:00

BERLIN, Nov 26 (AFP) : German Chancellor Angela Merkel said Wednesday she backed a new multi-billion-euro European Commission plan to kickstart the EU's flagging economy, if the funds are invested wisely. "The German government supports in principle the package submitted"...

Eurozone stimulus hopes push equities higher

2014-11-27 00:00:00

LONDON, Nov 26 (AFP): Lingering eurozone stimulus hopes lifted European stock markets on Tuesday, with sentiment buoyed also by upbeat German data and bumper gains elsewhere, dealers said. In mid-afternoon trade, London's benchmark FTSE 100 index rose 0.10 per cent...

US economy grew robust 3.9pc in third quarter

2014-11-27 00:00:00

WASHINGTON, Nov 26 (AFP): Growth in the US economy in the third quarter was far stronger than thought, official data showed Tuesday, further distancing the United States from the ailing eurozone and Japan. The world's largest economy clocked a 3.9...

Dollar\\\'s yen rally stalls in Asia

2014-11-27 00:00:00

TOKYO, Nov 26 (AFP) : The yen rose against the dollar Wednesday as a recent sell-off in the unit ran out of steam following mixed US economic data, while Japan's top central banker raised concerns about its weakness. In Tokyo,...

Tigers seal ODI series against Zimbabwe

2014-11-27 00:00:00

Bangladesh clinched the five-match Bashundhara Cement One Day International (ODI) series beating Zimbabwe by 124 runs in the third match at the Sher-e-Bangla National Cricket Stadium in the city Wednesday, reports UNB. Chasing a target of mammoth 298 runs, the...

Dist, div sports organisers elect Nasir president, Miku sec-gen

2014-11-27 00:00:00

AZM Nasiruddin of Chittagong and Ashiqur Rahman Miku of Narail have been elected president and secretary general of Bangladesh District and Divisional Sports Organisers Council in the 5th annual general meeting of the council in Cox's Bazar, reports UNB. General...

Hughes fights for life

2014-11-27 00:00:00

SYDNEY, Nov 26 (AFP): Australian batsman Phillip Hughes was to have more scans Wednesday after surgery to relieve pressure on his brain as players rallied around the bowler who inflicted the damage. The 25-year-old, who was pressing for a Test...

Ton-up Hafeez lifts Pakistan in final Test

2014-11-27 00:00:00

SHARJAH, Nov 26 (AFP): Opener Mohammad Hafeez struck a dominating century to lift Pakistan to 281-3 in the third and final Test against New Zealand in Sharjah Wednesday. The 34-year-old anchored Pakistan's innings with an unbeaten 178 -- his seventh...

13 players named to join Hockey League camp

2014-11-27 00:00:00

Bangladesh Hockey Federation has selected 13 players to join the training camp of national hockey team for the ensuing round-2 matches of the World Hockey League in Singapore, reports UNB. The selected players have been asked to report to the...

Youngmen\\\'s Club beat T&T Club

2014-11-27 00:00:00

Youngmen's Club Fakirerpool scraped to a 2-1 goals victory over Motijheel T&T Club in the Bengal Group Metropolis Senior Division Football League at the Bangabandhu National Stadium in the city Wednesday, reports UNB. Mohammad Rumman and Mehbub scored one goal...

Town Club beat Red Sun

2014-11-27 00:00:00

Khulna Town Club beat Red Sun Club by 3-1 goals in the Sheikh Kamal Nitol-Tata Khulna District Football League at the Khulna Stadium Wednesday, reports UNB Results of the day's other district league matches: Thakurgaon Town Club outclassed Samya KS...

What is the rationale behind PSC examinations?

Jafar Ahmed Chowdhury | 2014-11-27 00:00:00

News reports in some reputed dailies on November 24, 2014 exposed the leakage of question papers of the Primary School Certificate (PSC) examination 2014. The Director General of the Directorate of Primary Education, however, dismissed the allegation. The allegation was...

Int\\\'l trade show on leather tech begins tomorrow

FE Report | 2014-11-26 00:00:00

A three-day international tradeshow styled 'Leathertech Bangladesh 2014' begins tomorrow (Thursday) at Bangabandu International Conference Centre with the objective of tapping the sector's potential on the global market. Nearly 100 exhibitors from India, China, Turkey, Japan, Italy Singapore, Sri Lanka...

BD\\\'s import from SAARC nations doubled in 5 years

Syful Islam | 2014-11-26 00:00:00

Bangladesh's import of goods from seven SAARC countries has almost doubled in last five years, widening further its trade imbalance to US$3.695 billion in fiscal year (FY) 2013-14, statistics show. In FY 2009-10 Bangladesh imported goods worth $3.617 billion from...

News Briefs

2014-11-26 00:00:00

Govt to work with BGMEA for skilled workforce State Minister for Youth and Sports Biren Sikder on Tuesday said the government would extend its full support to produce skilled workforce for the country's RMG industry to help grow it for...

Photo: Bangladesh Bank Governor

2014-11-26 00:00:00

Photo: Prime Bank

2014-11-26 00:00:00

Photo: Modhumoti Bank Limited

2014-11-26 00:00:00

Many risk missing visa renewal chances, jobs

Shah Alam Nur | 2014-11-26 00:00:00

Abdul Khalaque has lived in Malaysia for 14 years, and now he needs another renewal of his visa. But he is in fear losing the chance, hence his job, for delays in getting a new passport. Hailed from Tangail district,...

Govt making guidelines for 4G licence

2014-11-26 00:00:00

The government is preparing guideline for providing 4G (Fourth Generation) licences aimed at further development of telecommunication sector in the country. Road Transport and Bridges Minister, also in charge of the Posts, Telecommunications and ICT Ministry in Parliament, Obaidul Quader...

Govt to invest $20b in energy sector in 5 yrs

2014-11-26 00:00:00

The government will invest US$20 billion for the development of the country's energy sector in next five years. State Minister for Power, Energy and Mineral Resources Nasrul Hamid Bipu said this while speaking at a seminar in the city on...

Photo: Sonali Bank

2014-11-26 00:00:00

Photo: Vice Chancellor of Buet Prof Khaleda Ekram

2014-11-26 00:00:00

3 die of ‘silicosis’ in Lalmonirhat

2014-11-26 00:00:00

Three workers of a stone-crushing plant at Burimari Land Port in Patgram upazila of Lalmonirhat have reportedly died of silicosis disease in the last 24 hours till Wednesday afternoon, according to a news agency.    

India central bank under rate cut pressure as growth slips back

2014-11-26 00:00:00

NEW DELHI, Nov 25 (Reuters): India's economic growth probably slowed to around 5 per cent in the three months to September, slipping from 5.7 per cent in the previous quarter, two senior finance ministry sources said, putting pressure on the...

Atiur dedicates his award to enterprising poor

2014-11-26 00:00:00

Bangladesh Bank Governor Atiur Rahman has dedicated his ‘GUSI Peace Prize International 2014’ Award to Bangladesh’s enterprising poor. A Manila-based charitable organisation, Gusi Peace Prize Foundation, conferred the award on Rahman, along with 15 others, in the Philippine’s capital on...

OECD sees gradual world recovery, urges ECB to do more

2014-11-26 00:00:00

PARIS, Nov 25 (Reuters): The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased deflation risk, the OECD said on Tuesday....

Photo: TOKYO, Japan: Bank of Japan

2014-11-26 00:00:00

Pak PM praises BD success in fighting terrorism

2014-11-26 00:00:00

Pakistan Prime Minister Newaz Sharif on Wednesday highly praised the success of the Bangladesh government led by Prime Minister Sheikh Hasina in fighting terrorism and militancy. Newaz Sharif came up with the appreciation during a meeting with Prime Minister Sheikh...

Banking culture breeds dishonesty, study finds

Kate Kelland of Reuters in London | 2014-11-26 00:00:00

A banking culture that implicitly puts financial gain above all else fuels greed and dishonesty and makes bankers more likely to cheat, according to the findings of a scientific study. Researchers in Switzerland studied bank workers and other professionals in...