UN Secretary General Ban Ki-moon again urged the political parties in Bangladesh to sit for dialogue. There is no alternative to political dialogue for consensus among all parties and peaceful solution to the problems. Ban made the call in a...
The war crimes verdict for Jamaat leader ATM Azharul Islam is expected to be delivered any day after his trial at the International Crimes Tribunal (ICT) ended on Thursday. The ICT-1, headed by Justice Enayetur Rahim, completed hearing of the...
A fire in the Saudi Arabian capital of Riyadh killed two Bangladesh nationals on Wednesday. The Bangladesh embassy’s second secretary (labour) Md Mizanur Rahman said that a fire broke out past midnight local time at a factory in Riyadh’s Solai...
Oil prices dropped in US trading on Wednesday after bearish US inventory report offset otherwise bullish news that the OPEC oil cartel is planning to trim output. Crude drops as US stockpile report eclipses OPEC cuts Oil falls as report...
The European Parliament (EP) will have a debate on Thursday night (Bangladesh time) on a joint motion for a resolution on human rights violations in Bangladesh. Sources closely related to the senior parliamentarians at the EP involved with preparing the...
Custom Intelligence officials seized 2 kg gold and arrested a man in this connection at Hazrat Shahjalal (RA) International Airport in Dhaka city on Thursday. The arrestee was identified as Ranjit, a resident of Nawabganj Upazila of Dhaka district. Sources...
Prime Minister Sheikh Hasina has expressed the hope that India will take quick step to ratify the Land Boundary Agreement (LBA) with Bangladesh. Addressing the senior officials of the land ministry at the Secretariat in Dhaka on Thursday, the Prime...
Australian bond futures prices have fallen after the US Federal Reserve signalled it may raise interest rates more quickly in 2015. The Federal Open Market Committee overnight reiterated that it would keep interest rates at near zero for ‘a considerable...
Indian shares rose nearly 2 per cent, posting their biggest daily gain in over three months, while bonds also rallied, on hopes that foreign investors would continue to buy into markets despite uncertainty about the outlook for US interest rates....
Spanish government bonds advanced as the European Central Bank’s first targeted-loan program came in below economist estimates, boosting speculation policy makers may resort to sovereign bond-purchases to boost growth. Italian 10-year securities also rose and German benchmark bunds erased a...
The US dollar is stronger, Treasury prices weaker, while US and European equity benchmarks are firmer as investors absorb the Federal Reserve’s latest policy update. Sterling is up 42 pips to $1.6312 as voting gets under way in the referendum...
The price of silver for December delivery has reached a new 14-month low after trading at $18.53 per ounce as of 09:20 BST today, down 19 cents from yesterday’s close and below the 14-month low of $18.57 reached last Thursday....
Copper slipped on Thursday, pressured by a sharp rise in the dollar after the US Federal Reserve signalled interest rates could rise faster than expected. Three-month copper on the London Metal Exchange (LME) slipped 0.4 per cent to $6,902 a...
Gold prices dipped below Rs 26,700 mark by falling Rs 221 to Rs 26,680 per 10 grams in futures trade Thursday as market participants indulged in reducing exposures, largely in tandem with a weak global trend. At the Multi Commodity...
Islamic State fighters backed by tanks have captured 16 Kurdish villages over the past 24 hours in northern Syria near the Turkish border, prompting civilians to flee their homes amid fears of retribution by the extremists sweeping through the area,...
The city council in Donetsk says no deaths were reported in fighting overnight, one of the quietest nights recently in eastern Ukraine. However, Col. Andriy Lysenko, spokesman for Ukraine's National Security and Defense Council, told journalists on Thursday that one...
Philippine authorities say they have arrested 43 suspected members of a syndicate that runs a lucrative online cybersex operation catering to clients worldwide. The Presidential Anti-Organized Crime Commission said government agents arrested 43 men and women and seized 115 computers...
Prince William will replace his wife Kate on this weekend's official visit to Malta because the pregnant Duchess of Cambridge is still suffering from acute morning sickness. Palace officials said Thursday the decision to cancel what would have been Kate's...
Nearly three million Syrian children are not attending school due to the civil war raging in their homeland, an international charity group said Thursday, as the country's intractable conflict threatens to deny an entire a generation of education. Syria's civil...
The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a sharp slowdown in job growth last month was probably an aberration. Initial claims for state unemployment benefits dropped 36,000 to a...
Excessive risk taking and geopolitical hazards pose new threats to a global economy already experiencing an uneven and weaker than expected recovery, the International Monetary Fund has warned. In an assessment prepared for finance ministers and central bank governors of...
Islami Bank Bangladesh Limited (IBBL) and international money transfer operator Xpress Money have jointly launched a 20-day special remittance campaign on the occasion of upcoming Eid-ul-Azha. IBBL Managing Director Mohammad Abdul Mannan at a function at the Islami Bank Tower...
Austria should look to cut the tax burden on labour to boost the economy's growth potential, the International Monetary Fund has said. The IMF said in a new report that the country's tax wedge on labour – the difference between...
The government earned some Tk 5.21 billion as revenue from the ship-breaking sector in the last fiscal year (2013-14), Finance Minister AMA Muhith informed Parliament on Thursday. The government revenue from ship-breaking organisations was Tk 6.18 billion in 2012-13 fiscal,...
The 15 state-owned sugar mills incurred a total loss of some Tk 5.28 billion in the last fiscal year (2013-14), Industries Minister Amir Hossain Amu informed Parliament on Thursday. The 15 sugar mills produced 128,268 metric tones of sugar, while...
The International Monetary Fund (IMF) chief, Christine Lagarde, could soon be called to participate in a second judicial investigation after claiming that she received death threats when she spoke out on tax evasion in Greece. The inquiry, announced by a...
As the deadly Ebola virus continues to claim lives in West Africa, the World Bank has warned the epidemic could drain billions of dollars from the affected countries’ economies if it’s not contained. Economic growth is predicted to fall, with...
A Dhaka court on Thursday granted bail to BNP acting secretary general Mirza Fakhrul Islam Alamgir in a case filed for vandalising and torching vehicles during a road blockade programme enforced by the then 18-party alliance in 2012. Additional Chief...
President of the Asian Development Bank (ADB) Takehiko Nakao urged Vietnam to continue accelerating procedures on disbursement of ADB capital. While meeting with Vietnamese President Truong Tan Sang in Vietnam's capital Hanoi on Thursday, the ADB President said the bank...
The BNP-led 20-party alliance has rescheduled its two public rallies to be addressed by BNP chairperson Khaleda Zia to mobilise public support in favour of their demand for a fresh election under a non-party administration. The BNP chief’s Brahmanbaria rally...
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