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Angry protesters yell at riot police in US

2014-10-11 00:00:00

St. Louis, Oct 10 (AP): Protesters angered by the fatal shooting of a black 18-year-old by police faced off with officers in St. Louis for a second night as accusations of racial profiling prompted calls for a federal investigation ahead...

IS fighters capture Kurd HQ in Kobane

2014-10-11 00:00:00

BEIRUT, Oct 10 (AFP): Islamic State group militants overran the headquarters of Kurdish forces defending the battleground Syrian border town of Kobane on Friday, a monitoring group said. "The jihadists have taken control of the headquarters building," used by the...

news digest

2014-10-11 00:00:00

New mass graves found in missing Mexican students case IGUALA, Oct 10: The case of 43 Mexican students missing since an attack by gang-linked police took another grim turn Thursday with the discovery of new mass graves where suspects said...

Tissue culture brings about silent revolution in seed-potato farming

2014-10-11 00:00:00

RAJSHAHI, Oct 10 (BSS): Farming of crops, particularly seed- potato, through tissue culture has brought a silent revolution in agricultural sector in Rajshahi region. Thousands of farmers of the region have changed their lot by growing quality crops especially potato...

Fish fingerlings released in Jamalpur

2014-10-11 00:00:00

JAMALPUR, Oct 10 (BSS) : Jamalpur Fisheries Department has recently released fish fingerlings in various water bodies in seven upazilas of the district to boost fish production. According to fisheries department, the government has taken up the programme to meet...

Gold rally stalls as firmer dollar hits commodities

2014-10-11 00:00:00

LONDON, Oct 10 (Reuters) - Gold steadied on Friday as a rise in the dollar capped four days of gains, though the metal remained supported by concerns about the prospect of a widespread economic slowdown. Strength in the US currency...

South Africa mining and manufacturing output slows

2014-10-11 00:00:00

JOHANNESBURG, Oct 10 (AFP):  South Africa's mining production shrank by 10.1 per cent in the year to August, led by the volatile platinum industry which is recovering from a long strike, official figures showed on Thursday. According to the national...

US DEA \\\'most interested\\\' in US investors in Canadian marijuana firms

2014-10-11 00:00:00

TORONTO, Oct 10 (Reuters) :  US investors in Canada's medical marijuana industry are betting they won't fall under the scrutiny of US law enforcement officers - but it's a risky bet. With marijuana still illegal on a federal level in...

350 tourists stranded on Saint Martin Island

2014-10-11 00:00:00

About 350 tourists are stranded on the Saint Martin's Island after the sea level rose by four feet with Cyclone Hudhud, moving across the Bay of Bengal. The picturesque coral island of sandy beaches is popular with both local and...

Oil prices extend losses on demand fears

2014-10-11 00:00:00

SINGAPORE, Oct 10  (AFP): Oil prices sank Friday to more than two-year lows as weak economic data from Germany underscored concerns over a global economic slowdown and its impact on energy demand, analysts said. In Asian trade US benchmark West...

Daily average turnover jumps to near Tk 9.0b

Babul Barman | 2014-10-11 00:00:00

The prime index of the Dhaka Stock Exchange (DSEX) posted a staggering 11.40 per cent return in September, the steepest single-month gain in 2014, as the market was on a steady gaining streak almost throughout the month. DSEX, the prime...

foreign exchange money market analysis

2014-10-11 00:00:00

US Dollar/Bangladesh Taka maintained stable tone last week as well and it was traded around 77.40 levels though the market was open for only two days. The foreign exchange reserve for the country stood at $21.84 billion at the end...

Sensex drops 340 points ahead of Aug index of industrial production

2014-10-11 00:00:00

The 30-share Sensex plunged 340 points at 26,297 and the 50-share Nifty dropped 101 points to trade at 7,860. Benchmark shares indices shaved off most of the previous session gains amid weak global cues even as Infosys surged nearly 7...

Asian markets tumble on renewed global concerns

2014-10-11 00:00:00

HONG KONG, Oct 10 (AFP): Asian shares and the dollar sank today on growing concerns about the global economy while the head of the IMF warned the eurozone could slip into recession if governments do not act. Investors took their...

Public institutions face immense capacity building challenges

FE Desk Report | 2014-10-11 00:00:00

Bangladesh Bank Governor Dr Atiur Rahman Thursday said public institutions in developing economies like Bangladesh face immense capacity building challenges in their efforts of creating and sustaining growth and development momentum amid gnawing shocks and crises in the domestic and...

Country can save Tk 650b per yr by investing Tk 60b in light engineering sector, say experts

Shamsul Huda | 2014-10-11 00:00:00

By investing only Tk 60 billion the country can save Tk 650 billion as import substitute of light engineering products every year, experts said. As per estimate, the sector is currently manufacturing products worth Tk 250 billion with local technology...

Hitachi scholarship for AUW students

2014-10-11 00:00:00

The Asian University for Women (AUW) in Bangladesh and Japan's Hitachi, Ltd. announced Thursday that Hitachi will sponsor scholarships for three students attending AUW for four years.   Scholarships will be given to three young women for the course of their...

Tokyo investors eye IMF, World Bank meetings

2014-10-11 00:00:00

TOKYO, Oct 10 (AFP): The weekend IMF-World Bank meetings and their outlook on the global economy will be in focus for Japanese investors when their return to trading next week. The Washington meetings are likely to focus on how to...

Very low transaction at city’s kitchen markets

FE Report | 2014-10-11 00:00:00

Most of the city's kitchen markets witnessed very low transaction Friday mainly due to poor presence of customers as a large number of city people are yet to return to the capital after celebrating Eid-ul-Azha and Durga Puja back home...

Stock trading resumes tomorrow

2014-10-11 00:00:00

Share trading and official activities at the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) will resume tomorrow (Sunday) after a 9-day holidays on account of Eid and Durga Puja, officials said. The DSE authorities on September 10...

IPO subscription dates of 3 cos declared

2014-10-11 00:00:00

The initial public offering (IPO) subscription of National Feed Mill Limited (NFML) will begin this month while public subscription of C & A Textiles Ltd and IFAD Autos Ltd will take place next month. In addition to the existing IPO...

Myanmar, Thailand sign MoUs on establishing sister cities

2014-10-11 00:00:00

YAGNON, Oct 10 (Xinhua): Myanmar and Thailand have signed three memorandums of understanding in Nay Pyi Taw on establishing sister cities between the two countries, official sources said Friday. The sister cities are between Kyaing Tong and Chiang Mai, between...

Yen rises on global economy worries

2014-10-11 00:00:00

TOKYO, Oct 10 (AFP) : The yen picked up strength in Asia on Friday as dealers sought out safer bets after poor German data and an IMF warning of possible eurozone recession exacerbated concerns about the global economy. The dollar,...

British trade deficit narrows in August

2014-10-11 00:00:00

LONDON, Oct 10 (AFP): Britain's trade deficit for goods narrowed last month, official data showed on Friday. The deficit fell to £9.1 billion ($14.6 billion, 11.5 billion euros) in August, the Office for National Statistics said in a statement. That...

Fed officials keep eyes on mid-2015 rate rise

2014-10-11 00:00:00

LAS VEGAS, Oct 10 (Reuters): The Federal Reserve will probably start raising interest rates around the middle of next year, two top officials at the US central bank said on Thursday, although both said the exact timing will depend on...

Sunny September sales unlikely to brighten retailers\\\' holiday prospect

2014-10-11 00:00:00

NEW YORK, Oct  10 (Reuters) :  A resurgence in spending helped by an improving US economy bolstered back to school season sales for retailers in September, but stagnant wages may force more discounting in the coming months, keeping pressure on...

EU releases US trade pact details in transparency bid

2014-10-11 00:00:00

BRUSSELS, Oct 10 (AFP) : Brussels released the playbook for its talks with Washington on a giant EU-US trade deal on Thursday, saying it wanted to be transparent about a pact that has been criticised for favouring big business. European...

News in brief

2014-10-11 00:00:00

Philippine exports up 10.5pc in August MANILA, Oct 10 : Philippine export earnings rose by 10.5 per cent on year to 5.47 billion US dollars in August on the back of higher shipments of electronic products during the period, the...

Nat’l team beat U-16

2014-10-11 00:00:00

Bangladesh National women's football team beat Bangladesh Under-16 women's team by 4-1 goals in a practice match at the Bir Shrestha Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Kamalapur in the city Friday, reports UNB. Sabina made a hat-trick scoring...

Blatter calls for end to away goals rule

2014-10-11 00:00:00

ZURICH, Oct 10 (AFP): FIFA president Sepp Blatter Friday called for an end to the away goals winner rule in clashes with two matches. Blatter said the rule favours clubs who play away in the second leg because extra time...