FE Online Report | 2014-09-24 00:00:00
Dhaka stocks closed higher for the seventh straight session on Wednesday amid choppy trading with turnover falling slightly as investors took position on large cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up marginally by...
Customs Intelligence officials seized gold worth Tk 15 million from a passenger at Hazrat Shahjalal (RA) International Airport in Dhaka on Wednesday. Customs Intelligence unit’s Assistant Commissioner Umme Nahida Akter said that 27 gold bars were found in a microwave...
The price of silver for immediate delivery has fallen 0.25 per cent as of 08.55 BST to $17.73, erasing the gains from yesterday’s modest rally. During the last session the price rose 0.28 per cent after geopolitical uncertainty flared up...
The dollar fell against the yen in Asian trade Wednesday, with the greenback unable to recoup early morning losses triggered by Japanese Prime Minister Shinzo Abe’s remarks that he’s cautious about the yen’s recent weakness. The dollar USDJPY, -0.25% was...
Southeast Bank Limited opened its 106th branch at Bolivadra, Gonokbari, Ashulia near Dhaka Wednesday. S.M. Mainuddin Chowdhury, Deputy Managing Director of the Bank, formally inaugurated the Branch as Chief Guest. In the inaugural ceremony, among others, Md. Mizanur Rahman Head...
The freeze in Russian bond markets is starting to thaw, with the government planning its first debt auction after nine cancellations amid the cease-fire in Ukraine. The Finance Ministry is offering 10 billion rubles ($259 million) of securities due in...
German bond yields edged lower on Wednesday after disappointing business sentiment data in the euro zone's largest economy further underlined the prospect of additional easing measures from the European Central Bank. Germany's headline Ifo number fell for the fifth straight...
Greece’s government bonds fell for a third day, pushing 10-year yields to the highest level in six weeks, amid concern the nation is seeking to become self-financing and put its budget controls at risk. The additional yield investors demand to...
Rahman Rahman Huq Chartered Accountants, a member firm of KPMG, and data edge limited (dataedge) have recently signed a memorandum of understanding (MoU). Rahman Rahman Huq (RRH) partner Ali Ashfaq and head of strategic business unit of dataedge Zahoor Hossain...
Yileds fell at Tuesday’s auction of seven-year euro-denominated Bulgarian government bonds as the offer was heavily oversubscribed. The Finance Ministry said on Wednesday it has reopened the issued dated 30 April 2014, offering EUR 35 M worth of government bonds....
Some miscreants killed a youth and dumped his dead body in a water body at Rokonpur village in Gomostapur Upazila in Chapainawabganj district at sometime between Monday night and Tuesday. The deceased was identified as Bujur Ali, alias Mahfuz, 25,...
Mercantile Bank Limited (MBL) and SHOHOZ.com have signed an agreement at the Mercantile Bank Head Office recently. Under this agreement, MYCash account holder can purchase bus tickets from SHOHOZ.com using MYCash balance. A.K.M. Atiqur Rahman, EVP & Head of Mobile...
The Anti Corruption Commission (ACC) has initiated a probe into the allegation of misappropriating investors’ money through a multi-level marketing (MLM) company by a retired army major general. The Commission today (Wednesday) appointed a 3-member investigation team to conduct inquiry...
Mortar fire struck an apartment block in the rebel-held east Ukraine city of Donetsk overnight, yet another violation of a cease-fire between government forces and pro-Russian insurgents. While both sides said Tuesday they saw progress on the ground in fulfilling...
South Korea will buy 40 F-35A fighter jets from Lockheed Martin for about $7 billion in the country's biggest-ever weapons purchase aimed at coping with North Korea's military threats, officials said Wednesday. South Korea agreed to the purchase of F-35A...
Finance Minister AMA Muhith on Wednesday left for USA for a three-week official tour to attend the annual meeting of the International Monetary Fund (IMF) and the World Bank (WB) Group. The 2014 annual meeting of the IMF and the...
A European police official says law enforcement agencies across the continent have arrested more than 1,000 people in a nine-day sweep the group's chief calls the ‘single largest assault on organised crime we've seen in Europe.’ Europol Director Rob Wainwright...
The World Health Organization says a vaccine might be available in large enough quantities by the end of the year to help control West Africa's Ebola outbreak. There is currently no licensed treatment or vaccine for Ebola, although scientists are...
India triumphed in its first interplanetary mission, placing a satellite into orbit around Mars on Wednesday and catapulting the country into an elite club of deep-space explorers. In scenes broadcast live on Indian TV, scientists broke into wild cheers as...
A suspected US drone fired four missiles at a vehicle carrying Uzbek and local militants in the country's northwestern tribal region near the Afghan border on Wednesday, killing 10 of them, two Pakistani intelligence officials said. The missiles hit the...
New air strikes have targeted Islamic State (IS) militants in Syria, hitting areas close to the border with Turkey. Syrian activists reported strikes around the Kurdish town of Kobane, which has been besieged by IS fighters for several days. Witnesses...
India has successfully put a satellite into orbit around Mars, becoming the fourth nation or geo-bloc to do so. The Mangalyaan robotic probe, one of the cheapest interplanetary missions ever, will soon begin work studying the Red Planet's atmosphere. A...
A court in Venezuela has sentenced three men to lengthy jail sentences for the killing of Venezuelan beauty queen Monica Spear in January. The three had pleaded guilty. Ms Spear, 29, and her British partner, Thomas Berry, were shot dead...
The World Bank on Wednesday slashed its forecast for Russia's economy over the next two years, saying growth would stagnate amid a lack of structural reforms and Western sanctions over Russia's role in the Ukraine conflict. In its biannual report,...
World Bank financial experts have warned counties against heavy borrowing to fund operational budgets, saying it could drive them to insolvency and plunge the country into economic trouble. They said borrowing poses risks for counties that already have huge recurrent...
US Ambassador to Bangladesh Dan W Mozena said in Laxmipur on Wednesday that his country’s partnership with Bangladesh would continue like before for further development of Bangladesh. He appreciated Bangladesh’s progress in healthcare services saying there has been huge change...
LAXMIPUR: US Ambassador to Bangladesh Dan W Mozena said here Wednesday that his country’s partnership with Bangladesh would continue like before for further development of Bangladesh. He appreciated Bangladesh’s progress in healthcare services saying there has been huge change in...
A five-day international exhibition of branded clothing and fashion products began at Emmanuell’s Banquet Hall, Gulshan-1 in the city on Wednesday. Over 40 companies from home and abroad are participating in the exhibition, titled ‘Bangladesh Fashion Carnival-2014’, third of its...
Runners have target times, golfers judge themselves by their swing, while Mario Draghi watches a technical measure of inflation expectations used by financial markets. Just one problem: it suggests the European Central Bank president is not achieving his objective –...
Four men, accused in three different cases, have been shown arrested over the murder of six people at Dhaka's Gopibagh. Detective police's Inspector Abual Khayer Matubbar produced them before Dhaka Chief Metropolitan Magistrate's Court Wednesday, according to a news agency....
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