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Japan inflation firms to 2.8pc ahead of BoJ rate decision

2024-09-21 00:00:00

TOKYO, Sept 20 (AFP): Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely expected to leave interest rates unchanged.The core Consumer Price Index (CPI) data,...

Some Japanese firms in China offer to send staff home after Shenzhen stabbing

2024-09-21 00:00:00

BEIJING, Sept 20 (Reuters): Some Japanese companies in China have offered to send their staff and their families back home after a 10-year-old Japanese boy was fatally stabbed in the Chinese city of Shenzhen, a Japanese executive and employees of...

India's SECI to invest $2.2b in renewables by 2030

2024-09-21 00:00:00

BENGALURU, Sept 20 (Reuters): State-owned Solar Energy Corporation of India (SECI) on Friday pledged to invest 180 billion rupees ($2.16 bln) in equity for renewable capacity expansion by 2030, and announced plans to go public in the next one to...

BD for developing concrete roadmap for multi-sectoral engagements with Argentina

2024-09-21 00:00:00

Foreign Secretary Md. Jashim Uddin has stressed the importance of developing a concrete roadmap for multi-sectoral engagements with Argentina.Marcelo Cesa paid a courtesy call on the foreign secretary and emphasised the need for setting strategic priorities, long-term planning, and measurable...

Summit Group seeks to invest in social business

2024-09-21 00:00:00

Summit International Power Limited, a Singapore-based power giant, has expressed its intent to significantly increase its investment in Bangladesh, particularly in the power sector and social businesses-a concept pioneered by Nobel Peace laureate Professor Muhammad Yunus, reports UNB.In a letter...

Japan's Nikkei leads gains in Asia Pacific

2024-09-21 00:00:00

Asia-Pacific markets were higher Friday with Japan's Nikkei 225 leading gains, reports CNBC.Japan's Nikkei 225 added 1.53 per cent to close at 37,723.91, logging weekly gains of over 3 per cent. Hong Kong's Hang Seng index was up 1.27 per...

DSE inspection team finds Dominage Steel factory shut

FE REPORT | 2024-09-21 00:00:00

An inspection team of the Dhaka Stock Exchange (DSE) found two factories of Dominage Steel Building Systems shut during a visit this week.The DSE team visited the company's factory-1 at Aukpara in Ashulia on Tuesday and factory-2 at Palash in...

Dhaka Bank VISA cardholder wins Mega Prize from VISA

2024-09-21 00:00:00

Dhaka Bank Visa cardholders have won the first Mega Prize (Euro Tour) worth Tk 1 million, along with three additional mega prizes: an electronics gift voucher worth Tk 500,000, a Jewellery gift voucher worth Tk 300,000, and a smartphone gift...

CVO Petrochemical's profit jumps 404pc on higher sales

FE REPORT | 2024-09-21 00:00:00

CVO Petrochemical Refinery posted an impressive 404 per cent year-on-year growth in profit, reaching Tk 65 million in FY24, driven by increased sales.The private petrochemical refinery's earnings per share (EPS) soared to Tk 2.34 in FY24, up from Tk 0.46...

Large-caps drive stocks into green but volatility remains

FE REPORT | 2024-09-21 00:00:00

Equity benchmark index posted a marginal recovery in the outgoing week amid high volatility, ending a two-week losing streak, as bargain hunters opted to take positions in specific trending stocks.Market experts noted that stocks showed signs of recovery due to...

Racing against time

IG Chowdhury | 2024-09-21 00:00:00

Demand for vegetarian food is on the rise everywhere in the world as people opt for healthy food. Yet, towards beginning of the century, being a vegetarian was a problem anywhere in the world, except in India. One would have...

Mob justice going too far

Nilratan Halder | 2024-09-21 00:00:00

The beating of two men to death at two highest seats of learning cannot be passed as mob violence or mob justice which itself goes counter to any civilised norm and legal standard. That it can happen on campuses at...

Copper hits two-month high

2024-09-21 00:00:00

LONDON: Copper prices hit their highest in two months and aluminium the highest in three on Thursday after the long-awaited interest rate cut by the US Federal Reserve weakened the dollar and gave support to growth-dependent metals.Three-month copper on the...

Wheat rises on European supply issues, corn and soy in greater demand

2024-09-21 00:00:00

Chicago wheat rose on Friday, and registered its biggest weekly gain in more than three months on concerns over lower production in Europe, reports Reuters.Soybeans rose to a three-week high and corn inched up with rising demand for the crops,...

Oil prices set to end week higher after US rate cut

2024-09-21 00:00:00

Oil prices eased on Friday, but were on track to register gains for a second straight week following a large cut in U.S. interest rates and declining global stockpiles, reports Reuters.Brent futures were down 32 cents, or 0.43 per cent,...

Gold nears record, set for weekly gains

2024-09-21 00:00:00

Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent oversized interest rate reduction and on signs that further cuts were on the horizon, reports Reuters.Spot gold rose 0.3...

Norway's Casper Ruud of Team Europe serves the ball

2024-09-21 00:00:00

Norway's Casper Ruud of Team Europe serves the ball to Argentina's Francisco Cerundolo of Team World during their 2024 Laver Cup men's singles tennis match in Berlin, Germany on Friday — AFP

Surrey win third straight County Championship

2024-09-21 00:00:00

LONDON, Sept 20 (AFP): Surrey were crowned English county champions for a third straight season on Friday, with Somerset's defeat against Lancashire guaranteeing them the title.The London-based county crushed Durham by 10 wickets at the Oval on Thursday -- their...

Liverpool goalkeeper doubtful for Bournemouth clash

2024-09-21 00:00:00

LONDON, Sept 20 (AFP): Liverpool boss Arne Slot has revealed the club's Brazilian goalkeeper Alisson Becker is a doubt for Saturday's Premier League clash with Bournemouth.Alisson aggravated a hamstring injury that had been troubling him for several weeks during Tuesday's...

Lanka lead by 202 in first New Zealand Test

2024-09-21 00:00:00

GALLE, Sept 20 (AFP): Dinesh Chandimal and Dimuth Karunaratne forged a 147-run partnership to propel hosts Sri Lanka to a lead of 202 on day three of the first Test against New Zealand on Friday.Sri Lanka were 237-4 at stumps...

Barcelona lose to Monaco in Champions League opener

2024-09-21 00:00:00

Barcelona made a disappointing start to their Champions League campaign by losing 2-1 to AS Monaco on Thursday after suffering an early blow from defender Eric Garcia's dismissal, reports Reuters.Barcelona had a dreadful start at the Stade Louis II stadium...

Pakistan announce revised schedule of England Test series

2024-09-21 00:00:00

KARACHI, Sept 20 (AFP): Pakistan's cricket board on Friday announced a revised schedule for a series it will hold against England next month, ending weeks of uncertainty including reports it could be moved abroad.The first two Tests will be held...

BD squad in Vietnam to play Group A matches

2024-09-21 00:00:00

The Bangladesh U-20 football team reached the Vietnamese city of Hai Phong on Thursday to participate in the Group A matches of the AFC U-20 Asian Cup' 2025 Qualifiers beginning today (Saturday) at the Lach Tray Stadium here, reports UNB.Bangladesh...

Ashwin 'happy' to embrace pressure

2024-09-21 00:00:00

CHENNAI, Sept 20 (AFP): Indian off-spinner Ravichandran Ashwin said Friday he was basking in the pressure of the Bangladesh series after his counter-attacking century handed India a firm grip over the first Test.Ashwin, who has 516 career wickets and is...

India in box seat after Bumrah takes four against Bangladesh

2024-09-21 00:00:00

CHENNAI, Sept 20 (AFP): India took command of the first Test against Bangladesh, extending their lead to 308 after fast bowler Jasprit Bumrah helped bundle out the visitors for 149 on Friday.The hosts were 81-3 at stumps in their second...

Thousands protest against Slovakia culture minister

2024-09-21 00:00:00

BRATISLAVA, Sept 20 (AFP): Thousands of people protested in Slovakia on Thursday against recent moves by the country's culture minister, accused by critics of censorship and poor management of public funding."Shame on you," a crowd in Bratislava's main square chanted...

Kentucky sheriff held for shooting judge dead in courthouse

2024-09-21 00:00:00

WASHINGTON, Sept 20 (Reuters): A sheriff in rural Kentucky was arrested on Thursday, accused of shooting and killing a district court judge following an argument inside the courthouse, officials said.Letcher County Sheriff Mickey Stines, 43, was taken into custody without...

Harris, Oprah hold star-studded US election rally

2024-09-21 00:00:00

FARMINGTON HILLS, Sept 20 (AFP): Kamala Harris held a star-studded rally hosted by talk show legend Oprah Winfrey on Thursday, as her US presidential election rival Donald Trump addressed an anti-Semitism event.Hollywood stars including Jennifer Lopez, Meryl Streep, Julia Roberts,...

US warplanes, ships and troops ready in Mideast if the conflict expands

2024-09-21 00:00:00

CAIRO, Sept 20 (Agencies): The US has kept an increased military presence in the Middle East throughout much of the past year, with about 40,000 forces, at least a dozen warships and four Air Force fighter jet squadrons spread across...

India rejects report on transfer of ammunitions to Ukraine

2024-09-21 00:00:00

NEW DELHI, Sept 20 (BBC): India has dismissed a news report claiming the government failed to prevent European buyers from transferring Indian-made artillery shells to Ukraine.In a story published on Thursday, Reuters alleged that artillery shells sold by Indian arms...