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Asian shares fall

2014-09-30 00:00:00

Stocks in Asia were mostly lower early Tuesday, as investors kept an eye on the unrest in Hong Kong and the market in Tokyo reacted to signs that a domestic sales tax from earlier in the year has dealt a...

China shares post best quarterly gains in years

2014-09-30 00:00:00

China shares inched up on Tuesday, the last day of a quarter in which the main indexes had their biggest gains in four years. Mainland markets brushed off continuing protests in Hong Kong, which hit the city's indexes for a...

Hong Kong shares fall to 3-mth low

2014-09-30 00:00:00

Hong Kong shares sank to a three-month low on Tuesday, ahead of holidays, as investors steered from risk as they wondered when the city's worst unrest in decades would end and what China's response would be. Tens of thousands of...

Tokyo shares open lower

2014-09-30 00:00:00

Tokyo stocks opened lower Tuesday as the market sentiment was hurt by concerns over situation in Hong Kong. At 9:15 a.m., the 225-issue Nikkei Stock Average lost 130.93 points, or 0.80 percent, from Monday to 16,179.71. The broader Topix index...

European shares inch higher

2014-09-30 00:00:00

European shares inched higher in early trading on Tuesday, led by shares of Royal Bank of Scotland after the UK lender cut provisions for bad loans. Shares in RBS surged 4.3 per cent after the group said it will release...

IU Kamil exam results out

2014-09-30 00:00:00

The results of 1st part and 2nd part of Kamil (Masters) Examination-2012 under Islamic University (IU) in Kushtia has been published. IU Deputy Controller of examination M Kamruzzaman said 94.20 per cent from 1st part and 98.27 per cent from...

Australian shares flat

2014-09-30 00:00:00

The Australian share market is flat in sporadic trading that was expected on the final day of the September quarter. IG market strategist Evan Lucas said that hedge funds and large fund managers were balancing their books in line with...

13 members of doping gang held in city

2014-09-30 00:00:00

The Detective Branch (DB) of police in separate drives arrested 13 members of a doping gang (locally known as Agyan party) from different parts of Dhaka city on Monday night ahead of Eid-ul-Azha. Police said that the Agyan party men...

Tanners asked to fix hide price by Friday

2014-09-30 00:00:00

Commerce Minister Tofail Ahmed has directed tanners to fix the price of raw hide within Friday amid demands to link its price to the market. ‘We (the government) do not want to fix the price. Fix a price so that...

Dhaka stocks return to green

FE Online Report | 2014-09-30 00:00:00

Dhaka stocks returned to the green on Tuesday after previous day’s marginal correction with turnover falling further as investors followed meticulous trading ahead of a prolonged Eid vacation. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up...

Earnings from export to US fall in Jul-Aug

2014-09-30 00:00:00

Export earnings from the USA, the largest export destination for Bangladesh goods, witnessed a downward trend in the 1st 2 months (July-August) of the current fiscal (2014-15) totaling $892.47 million. The amount represents 17.36 per cent of the country’s total...

Global oil prices at 2-year lows

2014-09-30 00:00:00

The price of crude oil has fallen to its lowest level in over two years in line with current economic conditions. Oil prices have been trending down since mid-June this year, when Brent crude was priced at around $115, to...

Mashrafe Bangladesh\\\'s skipper

2014-09-30 00:00:00

Mashrafe bin Mortaza has been appointed the captain of Bangladesh’s national cricket team. The decision was announced following a meeting of the BCB held at the BCB headquarters in the city on Tuesday afternoon. Mashrafe will replace Mushfiqur Rahim, who...

Gold lifts on Comex

2014-09-30 00:00:00

Gold futures have risen as losses in US equities and turbulence in emerging-market stocks bolster the precious metal's appeal as a haven. The most actively traded contract, for December delivery, on Monday rose $US3.40, or 0.3 per cent, to settle...

Silver price little changed

2014-09-30 00:00:00

The price of silver for immediate delivery has seen little change today as a fall in Asian equity markets boosted demand for the precious metal as an alternative investment, offsetting downward pressure from dollar strength. Shares across Asia fell as...

London copper steady after China data

2014-09-30 00:00:00

London copper was flat but not far off three-month lows on Tuesday after a private sector reading of China's factory health fell slightly from initial estimates, with the metal facing its steepest monthly loss since March on a looming jump...

Latif Siddiqui to be dropped from cabinet

2014-09-30 00:00:00

World gas prices up for now

2014-09-30 00:00:00

Drivers hardly had a chance to absorb the news last week that gas prices had fallen to a four-year low when suddenly prices shot upward again. Marquees that hadn’t advertised a gallon of regular for less than $3 for quite...

CCTV cameras at 14 entry points of city

2014-09-30 00:00:00

Police are installing closed circuit television (CCTV) cameras at 14 entry points of Dhaka city. ‘Some of the cameras have been already installed on a trial basis. The rest will be done within a day or two. I will go...

Dollar heads for best quarter in 6 years

2014-09-30 00:00:00

The dollar was poised to finish the month with its biggest quarterly gain in six years, though it paused for breath on Tuesday and some analysts saw its recent rally running out of steam. The greenback has gained over 7...

Latif Siddiqui a trash talker: Sajeda Chy

2014-09-30 00:00:00

Terming Posts and Telecommunications Minister Abdul Latif Siddiqui a trash talker, Awami League (AL) acting president Syeda Sajeda Chowdhury on Tuesday urged all not to pay heed to his filthy words. 'Don't pay heed to what he (Latif) says. There're...

BNP wants Latif Siddiqui expelled

2014-09-30 00:00:00

The BNP has demanded that Posts and Telecommunications Minister Abdul Latif Siddiqui be expelled from Cabinet for his comment on Hajj. Standing Committee member Nazrul Islam Khan and Joint Secretary General Ruhul Kabir Rizvi raised the demand in separate events...

India’s rupee drop in a year; bonds rise

2014-09-30 00:00:00

India’s rupee headed for its biggest quarterly loss in a year as a potential increase in US interest rates and geopolitical tensions in the Middle East damped demand for emerging-market assets. Reports showing acceleration in US economic growth and signs...

US-led airstrikes hit Islamic state near Turkey

2014-09-30 00:00:00

Activists say the US-led coalition has struck targets of the Islamic State group near a besieged Kurdish town along Syria's border with Turkey. It was not immediately clear if Tuesday's airstrikes succeeded in halting the militants' advance on Koubani, also...

Nur Hossain jailed for wildlife smuggling

2014-09-30 00:00:00

A Narayanganj court has sentenced Nur Hossain, the prime accused in Narayanganj 7-murder case, to 1 year's imprisonment in a case filed under Wildlife Preservation (Amendment) Act. Senior Judicial Magistrate HM Shafiqul Islam passed the order on Tuesday in absence...

Iran to help Lebanon army

2014-09-30 00:00:00

Iran will supply the Lebanese army with military equipment to be used in fighting Muslim extremist groups, a visiting senior Iranian official said on Tuesday. The announcement marks the first time that Iran has said it would give Lebanon military...

Hong Kong leader says Beijing won\\\'t back down

2014-09-30 00:00:00

Hong Kong's leader said Tuesday that China won't back down from its decision to limit voting reforms in the Asian financial hub, dashing hopes that the standoff between demonstrators and authorities could be resolved quickly through negotiations. As pro-democracy protests...

Modi attends White House dinner despite fast

2014-09-30 00:00:00

Indian Prime Minister Narendra Modi kicked off a two-day visit with President Obama Monday with a private dinner but there was a slight issue: the new leader of the world's largest democracy couldn't eat. Modi was fasting to honor the...

India keeps benchmark rate unchanged

2014-09-30 00:00:00

India's central bank kept interest rates unchanged as it awaits more evidence that high inflation is easing in Asia's third largest economy. After a meeting in the financial capital Mumbai, the Reserve Bank of India (RBI) said the benchmark repo...

Madonna celebrates opening school in Pakistan

2014-09-30 00:00:00

Pop superstar Madonna is celebrating after helping to launch a new school in Pakistan, a year after promising to fund the construction of the facility with help from fan donations. The Material Girl hitmaker made the vow onstage at London's...