Hong Kong stocks fell for the first time in four days after the International Monetary Fund cut its global growth forecast. Casino shares and energy producers slid. Sands China Ltd. (1928) fell 3.9 per cent to lead declines after Wells...
A head-on collision between a bus and a microbus has left three people dead in Sylhet. The deceased, including a woman, could not be immediately identified. At least four others were injured, said the police. South Surma police station OC...
Japanese shares fell for a second day, with the Topix (TPX) index closing at the lowest level in seven weeks, after the yen gained amid demand for haven assets as the International Monetary Fund cut its outlook for global growth....
Finance Minister AMA Muhith has welcomed World Bank rethink on financing projects tainted by allegations of corruption. He believes the World Bank Group - International Monetary Fund (IMF) Annual Meetings 2014 starting on October 10 in Washington DC will be...
Stocks tumbled on escalating concerns about global growth prospects, especially in Europe, as new data showed deepening stresses in the continent’s economy and remarks from a leading policy maker highlighted the lack of consensus in dealing with the slowdown. The...
Stocks slipped further Wednesday amid swelling fears about the global economic recovery in the aftermath of the International Monetary Fund slashing its growth outlook. In early European trade, the Stoxx Europe 600—having already slumped on Tuesday following poor German economic...
The Australian share market has closed lower as almost all sectors fell on a weaker than expected global economic outlook. The local share market has followed US stocks into the red after the International Monetary Fund revised down its global...
Asian share markets were mostly in the red on Wednesday as worries about waning global growth lifted safe-haven bonds, while shoving oil prices to their lowest in more than two years. Extending a three-month-long decline, Brent oil sank $1.18 to...
BNP Chairperson Khaleda Zia on Wednesday expressed profound shock at the demise of Abdul Matin, popularly known as Bhasha Matin for his significant role in 1952 Language Movement. In a condolence message, she said that the nation has lost a...
As the price of Brent crude continues its seemingly relentless slide – down more than 20 per cent since a mid-June high of $115 a barrel to $90 on Wednesday – a number of conspiracy theories have started to do...
Gold prices rose for the second consecutive day on Wednesday on the return of safe-haven buying after the IMF downgraded its global GDP outlook for this year. Spot gold was last at $1,217.50/1,218.20 per ounce, up $8 on Tuesday’s closing...
The price of silver has risen today, extending this week’s rally, following a decline in equity markets after the International Monetary Fund (IMF) lowered global growth forecasts. Silver for immediate delivery rose over one per cent to $17.33 per Troy...
SolarCity will begin offering loans to homeowners for solar systems, a move that industry analysts say could reshape the market for rooftop solar and propel its rapid adoption. Most current rooftop solar deals in US involve a lease or an...
Copper futures edged lower during European morning trade on Wednesday, as worries about the strength of global growth drove down prices. Copper slumps as global growth concerns weigh On the Comex division of the New York Mercantile Exchange, copper for...
A meeting of Bangladesh-India Joint Steering Committee (JSC) on power sector development begins in New Delhi on Thursday. At the 2-day meeting, Bangladesh will place a joint survey report on its proposed import of 100 MW power from Palatana Power...
The dollar was higher against the yen in Asia trade Wednesday, as a strong appetite for dip buying among Japanese importers sent the US currency up from a three-week low earlier in the session. The dollar USDJPY, +0.31% were recently...
Australian bond futures prices have continued their rally after the Reserve Bank suggested it would keep interest rates on hold for a while yet. Nomura head of macro products Jon Linton said Australian bonds had been rallying since last week...
Many people specially the teenagers are still celebrating Eid-ul-Azha, the 2nd largest religious festival of Muslism, in Rajshahi although the main celebration day was on Monday. They are seen visiting the amusement spots especially the bank of Padma River with...
India’s government bonds rose, pushing the 10-year yield to a one-week low, on speculation a decline in global oil prices will aid central bank efforts to curb inflation. Brent crude has dropped 4 per cent in October, reducing the risk...
Bill Gates, the world's wealthiest person who founded Microsoft, highly appreciated the mobile banking in Bangladesh. Lauding mobile financial services in Bangladesh, Gates said banking on digital technology will bring financial services to the world’s poor. In an interview with...
Several Syrian human rights groups called on the world to save the embattled Syrian Kurdish town of Kobani from falling into the hands of the Islamic State group as new US-led airstrikes targeted the extremists near the town Wednesday. The...
An Afghan official says a suicide car bomber has killed at least five people in an attack that targeted a former district police chief in southern Helmand province. Omar Zwak, spokesman for Helmand's provincial governor, says the bomber detonated his...
After the World Bank's upbeat assessment of the Indian economy, the International Monetary Fund has raised the country's growth forecast to 5.6% for 2014 from its earlier estimate of 5.4% on the back of effective policies and a renewal of...
Indian and Pakistani troops traded gunfire over their border in the divided Himalayan region of Kashmir, killing at least four civilians and worsening tensions between the longtime rivals, officials on both sides have said. The small-arms and mortar exchanges –...
Sri Lankan government has sought permission from Myanmar and Bangladesh governments yesterday for about 180 fishermen aboard 36 vessels stranded in the deep sea to enter those countries to seek shelter from the impending stormy weather brought about by the...
The government of Myanmar announced that it will release over 3,000 prisoners, including former military intelligence officers. The move follows a broader initiative that began earlier this year when several former political prisoners were freed. Thein Sein, Myanmar’s reformist president...
The maritime ports of Chittagong, Cox’s Bazar, Mongla and Payra have been advised to keep hoisted distant cautionary signal no 2 as the deep depression formed over the North Andaman Sea and adjoining area moved west-northwestwards and intensified into cyclonic...
Nepal is likely to sign a Bilateral Investment Promotion and Protection Agreement (BIPPA) with five countries in the next two months. The countries are China, Pakistan, Turkey, United Arab Emirates and Qatar. ‘Nepal has finalised the draft proposal on BIPA...
A case was filed against 10 people in connection with the arson attack that left a woman and her three daughters dead at Sohagpara village in Mirzapur upazila on Tuesday, according to a news agency.
BNP joint secretary general Ruhul Kabir Rizvi has warned that a mass upsurge will be staged against the current regime very soon if it keeps on ignoring their party’s demand for a fresh inclusive election through meaningful talks. The BNP...
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