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Weak industrial output clouds Indian recovery hopes

2014-10-12 00:00:00

NEW DELHI, Oct 11 (AFP): Indian industrial production was unexpectedly weak in August, official figures Friday showed, suggesting that recovery of Asia's third-largest economy may still be some way off. Output of factories, mines and utilities grew by a marginal...

China\\\'s economy to \\\'hit 5-year low in Q3\\\'

2014-10-12 00:00:00

BEIJING, Oct 11 (Xinhua): Investors are biting their nails as they anticipate the release of China's economic data on Monday, which may show the world's second-largest economy grows at its weakest pace in more than five years. Wang Tao, chief...

Photo: CHONGQING, China: Thousands of job seekers visiting booths at a job fair

2014-10-12 00:00:00

Photo: WASHINGTON: G20 finance ministers and central bank governors pose

2014-10-12 00:00:00

Vodafone welcomes Indian tax battle win

2014-10-12 00:00:00

NEW DELHI, Oct 11 (AFP) : Vodafone on Friday welcomed an Indian court ruling in favour of the British mobile giant which was engaged in a $490-million tax battle with local authorities. The tax fight is one of several embroiling...

International groups compete for Greek airports

2014-10-12 00:00:00

ATHENS, Oct 11 (AFP): Multinational companies from Argentina, France and Germany are competing to buy 14 Greek airports put up for sale to boost Athens' depleted cash reserves, its privatisation agency said on Friday. Argentina's Corporacion America, France's Vinci and...

Hungarian prices drop at fastest rate in 46 years

2014-10-12 00:00:00

BUDAPEST, Oct 11 (AFP) : Hungary's annual inflation sank to -0.5 per cent, the lowest level since 1968, official data showed Friday, mainly due to government-mandated household utility price cuts. While Hungary is not part of the eurozone, many EU...

Armenia signs up for Moscow-led economic union

2014-10-12 00:00:00

MINSK, Oct 11 (AFP) : Armenia on Friday officially signed up to a Russian-led economic union, cementing a deal that will see the former Soviet country turn its back on closer ties with Europe. President Serzh Sarkisian signed the agreement...

Malaysia targets more subsidy cuts in debt-reduction bid

2014-10-12 00:00:00

KUALA LUMPUR, Oct 11 (AFP): Malaysia's premier said Friday his government would continue to make unpopular cuts to subsidies that have kept prices of key consumer items in check but which have helped fuel worryingly high levels of debt in...

China sees no need for big stimulus for property, economy

2014-10-12 00:00:00

WASHINGTON, Oct 11 (Reuters): China is watching its property market closely but sees no need for any big stimulus for the sector or the rest of the economy, its vice minister of finance said on Friday. Zhu Guangyao told a...

Ireland likely to phase out \\\'Double Irish\\\' tax regime

2014-10-12 00:00:00

DUBLIN, Oct 11 (Reuters): Ireland is set to announce legal changes next week to phase out the 'Double Irish' tax arrangement that has let firms such as Google save billions of dollars, two sources familiar with the matter said. Ireland...

Egypt \\\'paid back $500m to Qatar\\\'

2014-10-12 00:00:00

WASHINGTON, Oct 11 (Reuters): Egypt has paid back $500 million to Qatar and will soon return the remainder of the money the Gulf state deposited into the Egyptian central bank after the 2011 revolution, the bank's governor said on Saturday....

GE unit in talks to buy Milestone Aviation: WSJ

2014-10-12 00:00:00

WASHINGTON, Oct 11 (Reuters) :  General Electric Co's  finance arm is in talks to buy Milestone Aviation Group Ltd, as the U.S. conglomerate looks to expand its aircraft-leasing operation into helicopters, The Wall Street Journal reported, citing people familiar with...

Photo: FRANCE : Trucks drive under an ecotax control portal in Carvin

2014-10-12 00:00:00

Photo: AFGHANISTAN : Afghan street vendors hold flower garlands

2014-10-12 00:00:00

Women\\\'s football Norio optimistic about win

2014-10-12 00:00:00

Bangladesh National Women's Football Team coach Tsukitate Norio expressed the hope that Bangladesh will perform well in the SAFF Championship next month in Pakistan, reports UNB. "I've come to Bangladesh for win not to lose," he said during his introduction...

BCB names preliminary squad for BD-Zim series

2014-10-12 00:00:00

Bangladesh Cricket Board (BCB) announced a 32-member preliminary squad for the home series against Zimbabwe Saturday, reports UNB. The selected cricketers have been asked to report at the Sher-e-Bangla National Cricket Stadium (SBNCS) in Mirpur for the training camp which...

US draw 1-1 with Ecuador

2014-10-12 00:00:00

EAST HARTFORD, United States, Oct 11 (AFP): The United States played to a 1-1 draw with Ecuador Friday in a friendly football match that served as US icon Landon Donovan's international farewell. Donovan started the match wearing the captain's armband...

Div I Cricket final match today

2014-10-12 00:00:00

The final of the Dhaka Metropolis First Division T20 Cricket Tournament will start at 1:00 pm today (Sunday) instead of 10:00 am at the Sher-e-Bangla National Cricket Stadium in Mirpur, reports UNB. Indira Road Krira Chakra will take on Rapid...

Misbah vows to fight on after Australia defeat

2014-10-12 00:00:00

DUBAI, Oct 11 (AFP): Under-pressure Pakistan skipper Misbah-ul Haq vowed to fight on despite losing the one-day series against Australia, insisting he has not thought about relinquishing the captaincy. Pakistan went down by five wickets in the second day-night international...

BCB names preliminary squad for BD-Zim series

2014-10-12 00:00:00

Bangladesh Cricket Board (BCB) announced a 32-member preliminary squad for the home series against Zimbabwe Saturday, reports UNB. The selected cricketers have been asked to report at the Sher-e-Bangla National Cricket Stadium (SBNCS) in Mirpur for the training camp which...

Suarez back in business, Japan edge Jamaica

2014-10-12 00:00:00

PARIS, Oct 11 (AFP): Luis Suarez returned for Uruguay for the first time since his infamous World Cup biting shame and helped the South Americans to a 1-1 friendly draw against Saudi Arabia. The 27-year-old Barcelona star's shot from an...

Italy snatch 2-1 Azerbaijan win

2014-10-12 00:00:00

MILAN, Oct 11 (AFP): Juventus defender Giorgio Chiellini struck three times, including a late own-goal, as Italy survived a nervous finish to claim a precious 2-1 Euro 2016 qualifying win over Group H rivals Azerbaijan in Palermo Friday. The Stadio...

Canada hits back in WC plastic pitches sexism row

2014-10-12 00:00:00

MONTREAL, Oct 11 (AFP): Canadian football chiefs claimed Friday that a discrimination complaint filed by some of the world's top women players, angry at being forced to play the 2015 World Cup on plastic pitches, was without merit. A lawsuit...

Phatlum grabs three-shot lead in Malaysia

2014-10-12 00:00:00

KUALA LUMPUR, Oct 11 (AFP): Thailand's in-form Pornanong Phatlum shot six-under-par-65 Saturday to seize a three-stroke lead on the third day at the Sime Darby LPGA Malaysia. Pornanong surged to the top of the leaderboard after firing a string of...

sports digest

2014-10-12 00:00:00

Australia's Stosur into Osaka final OSAKA, Oct 11: Former US Open winner Samantha Stosur beat Ukraine's Elina Svitolina Saturday to reach the Japan Women's Open final as she seeks the first successful title defence of her career. The top-seeded Australian...

Photo: BEIJING: Diego Tardelli of Brazil celebrating with his teammates after scoring a goal

2014-10-12 00:00:00

Special tribunal at BHBFC in a month to try share scamsters

FE Report | 2014-10-12 00:00:00

A special tribunal on the capital market sits within a month at the Bangladesh House Building Finance Corporation (BHBFC) building for smooth disposal of several hundred cases, including those involving scams, pending with courts.           Official sources said the special tribunal...

Atiur urges WB to extend support for job creation

2014-10-12 00:00:00

Bangladesh Bank (BB) Governor Dr Atiur Rahman urged the World Bank (WB) to extend its support to Bangladesh for creating more jobs, which is a major challenge and warrants constant assistance from development partners, reports BSS. The governor sought WB's...

NAV of CAPM Unit Fund declared

2014-10-12 00:00:00

CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 87,946,512.36 on the basis of cost price and Tk 93,133,536.05 on the basis of market price...