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Tokyo shares open sharply lower

2014-10-14 00:00:00

Tokyo share opened sharply lower Tuesday with its benchmark Nikkei index plunging over two per cent on a weak trading sentiment here dragged down by continued falls in the US stocks market. At 9:15 a.m., the 225-issue Nikkei Stock Average...

Hong Kong stocks swing as developers rise

2014-10-14 00:00:00

Hong Kong stocks fluctuated as developers climbed while energy stocks dragged the benchmark index lower. Shares jumped earlier after police cleared more pro-democracy protest barricades in the city’s business center. Chow Tai Fook Jewellery Group Ltd. (1929), which had shut...

Most Indian stocks climb

2014-10-14 00:00:00

Most Indian stocks climbed, led by power producers and energy companies, amid government data that showed the slowest inflation in almost three years. Bharat Heavy Electricals Ltd., the largest maker of power equipments, headed for a one-month high. Reliance Industries...

DU relaxes English Dept admission rules

2014-10-14 00:00:00

Dhaka University has relaxed the requirements for entry into its English Department. This happens after only two aspirants were found eligible to study the subject out of the thousands who sat for admission. The authorities have also decided not to...

Another feather in Yunus\\\' cap

2014-10-14 00:00:00

Prod Dr Muhammad Yunus has been selected for another prestigious award. The Nobel laureate microeconomic pioneer has been picked up for the second Global Entrepreneurship Award (GEA), under the umbrella of the Centennial Fund (CF), for his distinguished efforts at...

Stocks slip for second day amid choppy trading

FE Online Report | 2014-10-14 00:00:00

Stocks slipped for the second session in a row on Tuesday amid choppy trading as late hours profit-taking sale wiped-out early gain. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down by 16.63 points or 0.31 per...

British MPs back recognition of Palestine

2014-10-14 00:00:00

British MPs have voted in favour of recognising Palestine as a state in a move which will not alter the government's stance on the issue, but which carries symbolic value for Palestinians in their pursuit of international recognition. The UK...

Copper up 0.1% on global cues

2014-10-14 00:00:00

Copper prices moved up by 0.13% to Rs 420.45 per kg in futures trade today as speculators enlarged positions after base metals rose in overseas markets amid pick-up in spot demand. At the Multi Commodity Exchange, copper for delivery in...

Silver price rises

2014-10-14 00:00:00

The price of silver has extended its gains today as speculation the US Federal Reserve may delay raising borrowing costs, due to slowing global growth, continued to support precious metals. Silver for immediate delivery was up 0.17 per cent at...

Gold prices supported by weak equities

2014-10-14 00:00:00

Gold prices remain well supported on Tuesday due to the weakness in the equity markets across the globe. The US markets dipped yesterday, despite of the absence of fresh fundamental triggers. Gold is trading 0.33% higher at USD 1234.10/Oz, although...

Oil price may fall further

2014-10-14 00:00:00

The world will see much weaker oil demand growth in 2015 than forecast previously, the International Energy Agency said on Tuesday, adding it expected oil prices may drop further. Oil prices fell for a third straight month in September and...

\\\'Drug trader\\\' hurt in gunfight

2014-10-14 00:00:00

An alleged drugs trader was injured in a ‘gunfight’ with police in Daria Nagar near Cox’s Bazar town early Tuesday. The injured is Zakir Hossain, a resident of Hatirgona in Teknaf Upazila. Being tipped off, a team of Detective Branch...

Photo journalist Peu passes away

2014-10-14 00:00:00

Eminent photo journalist Azizur Rahim Peu died of cardiac arrest on Monday night. He was 54. He left behind wife, a daughter and a son. Peu was the Photo Editor of the Daily Observer. Peu’s family members and colleagues said...

Afghanistan: Roadside bomb kills 2 civilians

2014-10-14 00:00:00

Authorities in Afghanistan say two Afghan civilians have been killed in a roadside bomb blast in the country's capital, Kabul. An Interior Ministry statement said three civilians were wounded in the explosion, which happened Tuesday in a western part of...

Nation loses a dedicated photo journalist: PM

2014-10-14 00:00:00

Prime Minister Sheikh Hasina has expressed deep shock at the death of renowned photojournalist Azizur Rahim Peu. In a condolence message, the Prime Minister said the death of Peu is an irreparable loss for the country’s photojournalism arena. ‘The nation...

Pakistani and Indian armies discuss border clashes

2014-10-14 00:00:00

Pakistan's military talked to its Indian counterparts Tuesday about recent clashes along the border with the Himalayan region of Kashmir that have killed 20 people in the past week, two army officials said. The director of Pakistan army's military operations...

Magnitude 7.4 offshore quake hits Central America

2014-10-14 00:00:00

A magnitude 7.4 underwater earthquake off the Pacific coast of El Salvador shook several Central American countries late Monday. There were no immediate reports of damage or injuries and no tsunami warnings. But power outages were reported in El Salvador,...

NEC okays Tk 28.87b projects

2014-10-14 00:00:00

The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved 8 development projects involving more than Tk 28.872 billion (2,887.28 crore). The projects include a Tk 1.65 billion (165cr) project to strengthen road safety across the country through...

Russian hackers target NATO, Ukraine and others

2014-10-14 00:00:00

Russian hackers exploited a bug in Microsoft Windows and other software to spy on computers used by NATO, the European Union, Ukraine and companies in the energy and telecommunications sectors, according to cyber intelligence firm iSight Partners. ISight said it...

HK police use sledgehammers, chainsaws to clear protest barriers

2014-10-14 00:00:00

Hundreds of Hong Kong police used sledgehammers and chainsaws on Tuesday to tear down barricades erected by pro-democracy protesters near government offices and the financial centre, reopening a major road for the first time in two weeks. Traffic flowed freely...

Airstrikes hit jihadi targets in Syria

2014-10-14 00:00:00

Activists say the US-led coalition has launched several airstrikes on positions of Islamic State group militants in northern and eastern Syria, most on the town of Kobani near Turkey. The Britain-based Syrian Observatory for Human Rights and the Local Coordination...

Japan: 2 dead as Typhoon Vongfong pounds

2014-10-14 00:00:00

Two men have died and another remains missing after Typhoon Vongfong smashed through Japan leaving the country counting the cost of the latest natural disaster. The typhoon churned through eastern Japan early on Tuesday after hitting Okinawa over the weekend...

WB, Australia pledge $100m in education for Burma

2014-10-14 00:00:00

The World Bank and Australia have pledged US$100 million in assistance to improve education for millions of Burmese students. Representatives from the World Bank signed an agreement on 11 October with Burmese government representatives at the World Bank’s annual meeting...

PM offers exclusive economic zone to Singaporean investors

2014-10-14 00:00:00

Prime Minister Sheikh Hasina on Tuesday said the government is ready to allocate land in Mirsarai upazila of Chittagong district for setting up an exclusive economic zone for Singaporean investors. The Prime Minister said this while visiting Singaporean Senior Minister...

IMF and WB annual meeting discusses block chain’s potential

2014-10-14 00:00:00

The annual International Monetary Fund (IMF) and World Bank (WB) meeting was held in Washington, DC, over the weekend and notably the subject of bitcoin and its underlying technology was brought up for discussion. While some participants likened the digital...

Philippine: ADB extends $500,000 grant to treasury

2014-10-14 00:00:00

The Asian Development Bank (ADB) has extended $500,000 in technical assistance grant to the Philippines to improve the staff capacity of the Bureau of the Treasury (BTr) in securities dealing, processing, as well as in asset management. The ADB grant...

49th DU convocation on Jan 13

2014-10-14 00:00:00

The 49th convocation of Dhaka University (DU) will be held on January 13 next. Australian lawyer who has served as the Director General of World Intellectual Property Organisation (WIPO) Prof Francis Gurry will deliver his speech as the Convocation Speaker,...

21 hajj agencies to face the music

2014-10-14 00:00:00

The government will take punitive actions against 21 hajj agencies for deceiving hajj pilgrims through different irregularities, Religious Affairs Secretary Chowdhury M Babul Hasan said on Tuesday. He came up with the information while speaking at a press briefing at...

Twitter to be used for payments in France

2014-10-14 00:00:00

Twitter users can now publicly repay debts, donate to charity or chip in for a gift with a new payment service backed by the country's second-largest banking service. Group BPCE, which includes Banque Populaire and Caisses d'Epargne, announced the service...

PM flies to Milan Wednesday

2014-10-14 00:00:00

Prime Minister Sheikh Hasina leaves Dhaka for the Italian city of Milan on Wednesday on a four-day visit to attend the 10th summit of the Asia-Europe Meeting (ASEM), according to a news agency.