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Nepal, India seal power deal

2014-09-06 00:00:00

KATHMANDU, Sept 5 (Xinhua): Nepal and India have finally clinched the much anticipated power trading deal, officials said here Friday. The Agreement on Electric Power Trade and Cross-Border Transmission Interconnection and Grid Connectivity was signed by Nepal's Energy Secretary Rajendra...

‘Japan PM\\\'s stance on next tax hike utterly neutral’

2014-09-06 00:00:00

TOKYO, Sept 5 (Reuters):  Prime Minister Shinzo Abe stands "utterly neutral" on whether to decide in December to raise the sales tax again next year but he will be very cautious in his decision given the potential blow to the...

Mercedes-Benz passenger car sales jump 9.7pc

2014-09-06 00:00:00

FRANKFURT, Sept 5 (Reuters):  Daimler sold 118,887 Mercedes-Benz passenger cars in August, a 9.7 per cent improvement on the year thanks to small car sales and record deliveries in China and the United States. Mercedes sales fell 6.2 per cent...

Dollar hits six-year high against yen in Asia

2014-09-06 00:00:00

TOKYO, Sept 5 (AFP) : The dollar soared to a near six-year high against the yen Friday on upbeat expectations for US jobs data, while the euro sank after the European Central Bank launched a surprise round of monetary easing....

Tesla picks Nevada for $5b battery plant

2014-09-06 00:00:00

LOS ANGELES, Sept 5 (AFP): US electric automaker Tesla Motors is to build the world's largest lithium-ion battery plant in Nevada, the state's governor announced Thursday, unveiling plans for the five-billion-dollar "Gigafactory." The plant, plans for which were announced in...

Solid US employment growth eyed in August

2014-09-06 00:00:00

WASHINGTON, Sept 5 (Reuters) :  US job growth likely accelerated a bit in August and the unemployment rate probably fell to 6.1 per cent, offering fresh evidence of sustained momentum in the economy. Economists predict that nonfarm payrolls increased 225,000...

News in brief

2014-09-06 00:00:00

Crucial Cyprus loan foreclosure bill set for vote NICOSIA, Sept 5:  The Cypriot parliament will vote Saturday on a controversial bill to streamline bank foreclosures of bad debts, Finance Committee chairman Nicolas Papadopoulos said, amid fears some people could lose...

Auspicious start for Bangladesh

2014-09-06 00:00:00

Bangladesh got off to an auspicious start in the second edition of World Hockey League round-1 with a hard-fought 3-2 goals victory over touring Sri Lanka Friday at the Moulana Bhasani National Hockey Stadium in the city, reports BSS. In...

Tigers put WI in to bat in first Test

2014-09-06 00:00:00

KINGSTOWN, Saint Vincent and the Grenadines, Sept  5 (AFP): Bangladesh captain Mushfiqur Rahim won the toss and put the West Indies in to bat on the opening day of the first match of the two-Test series at the Arnos Vale...

Pak chief admits Mumbai attacks still a hurdle

2014-09-06 00:00:00

KARACHI, Sept 5 (AFP): Pakistan cricket chief Shaharyar Khan Friday admitted the inconclusive inquiry into the 2008 Mumbai attacks was a major hurdle in the reviving sporting ties between the arch-rivals. India stalled all bilateral ties in the wake of...

Gazi eyes quick return to international cricket

2014-09-06 00:00:00

Bangladesh off-spinner Sohag Gazi is confident of a swift return to international cricket after being reported by the umpires for a suspect action following the second One Day International (ODI) against West Indies, reports Cricinfo. Gazi had returned to Dhaka...

School H’ball Two more teams win

2014-09-06 00:00:00

Two more girls' and boys' division matches of the Polar Ice Cream 22nd School Handball Tournament (boys' and girls') decided Friday at the Shaheed Captain M Mansur Ali Handball Stadium in the city, reports BSS. On the day's girls' section...

Minhazuddin emerges unbeaten champion

2014-09-06 00:00:00

IM Minhazuddin Ahmed of Bangladesh Navy emerged unbeaten champion in the 40th National B Chess Championship which concluded Thursday at the Bangladesh Chess Federation hall-room in the city, reports BSS. Minhazuddin Sagar earned 9 points to clinch the title. GM...

Root ton restores England pride against India

2014-09-06 00:00:00

LEEDS, Sept 5 (AFP): Joe Root marked his first one-day international at his Yorkshire home ground with a century as England tried to avoid a series whitewash against India at Headingley Friday. Root's 113 was the cornerstone of England's 294...

Federer, Djokovic one step away from US Open final

2014-09-06 00:00:00

NEW YORK, Sept 5 (AFP): Roger Federer's dream of a potential US Open final clash with Novak Djokovic faces a stiff test Saturday from Marin Cilic, the Croat who sees a first Grand Slam title as a perfect way to...

sports digest

2014-09-06 00:00:00

School basketball to begin tomorrow Citycell Inter School Basketball tournament will begin tomorrow (Sunday) at the Dhanmondi Wooden Floor Basketball Gymnasium at Dhanmondi in the city. Chief Executive Officer of Pacific Bangladesh Telecom Limited Mehbub Chowdhury will formally open the...

Small cap stocks fare well

Babul Barman | 2014-09-06 00:00:00

The market gained back-to-back weeks with key index of the major bourse transcending 4,600-mark last week that ended Thursday as positive market trend boosted investors' confidence. Last week featured five trading sessions as usual--of them, four sessions closed higher while...

BB starts framing next 5-year strategic plan

2014-09-06 00:00:00

Bangladesh Bank (BB) has started formulation of its next five-year strategic plan with an emphasis on strengthening its supervision to ensure transparency, accountability and good governance in the country's banking sector, reports UNB. "We want to reinforce our supervision to...

European stocks slip after ECB surprise

2014-09-06 00:00:00

LONDON, Sept 5 (pAFP): Europe's main stock markets dipped on Friday as investors digested the ECB's surprise deflation-fighting stimulus measures, ahead of key US non-farm payrolls data, dealers said. Investors were also anxiously tracking talks aimed at sealing a ceasefire...

Tokyo investors eye Japan, China data next week

2014-09-06 00:00:00

 TOKYO, Sept 5 (AFP): Tokyo investors will be eyeing key Asian economic data next week, after the dollar soared to a near six-year high against the yen on upbeat expectations for Friday's US jobs figures, analysts said. In addition to...

Wall St set to dip at open after payrolls report

2014-09-06 00:00:00

NEW YORK, Sept 5 (Reuters): US stocks were poised to dip slightly at the open on Friday following a weaker-than-expected payrolls report which allayed investor concerns of an imminent interest rate hike by the Federal Reserve. Futures pared losses after...

Local currency steady against greenback

2014-09-06 00:00:00

The local currency was steady against the greenback during the week of August 31 to September 4 last as well trading in the range of 77.40 levels. The FX market experienced adequate liquidity because of lower import volume against increased...

Indian shares fall for second day on profit-taking, derivative sales

2014-09-06 00:00:00

MUMBAI, Sept 5 (Reuters): Indian shares fell for a second straight session on Friday as profit-taking continued in blue-chips such as ICICI Bank after a string of records earlier this week, while foreign investor sales in equity derivatives also weighed....

BD seasons shifting arbitrarily: Experts

2014-09-06 00:00:00

Seasons of the country are shifting a bit arbitrarily as a result of changes in temperature, wind-flow and rainfall patterns, posing a serious threat to the future food security, according to experts, reports UNB. Changes in the elements of the...

Woman shot in home attack

FE Report | 2014-09-06 00:00:00

Raiding miscreants shot and wounded a woman in a broad daylight attack on her home in the capital's Badda area on Friday noon, police said. Sajeda Begum, 35, wife of furniture-trader Abdur Rob, came under the attack after others of...

Restore original channel of Buriganga: Green activists

2014-09-06 00:00:00

Green activists in the city demanded Friday restoration of the original channel of the Buriganga river by setting up boundary pillars as per the CS record., report agencies. The demand came from a human chain programme organised by Poribesh Bachao...

Father kills daughter to frame neighbours

2014-09-06 00:00:00

BOGRA, Sept 5 (UNB): Five days into the murder of a schoolgirl in Adamdighi upazila, it was revealed on Friday that she had been killed by her father and other family members. Abdul Wahab Akand, father of deceased Ruma Khatun,...

Oxfam chief executive arrives today

2014-09-06 00:00:00

Worldwide development agency Oxfam's Chief Executive Mark Goldring will arrive in the city today (Saturday) on a three-day visit to Bangladesh, reports UNB. During the visit, Goldring is expected to meet Prime Minister Sheikh Hasina to express his sincere thanks...

Soil test of Padma Bridge will start soon : Quader

2014-09-06 00:00:00

MUNSHIGANJ, Sept 5 (BSS/UNB): Minister for Road Transport and Bridge Obaidul Quader said today soil test of the long expected Padma Bridge will start soon. "The first shipment of necessary equipment from China for constructing the bridge has already reached...

One held with 1.5 kg gold

2014-09-06 00:00:00

Customs Intelligence officials seized 1.5 kg gold and detained a man from Shahjalal International Airport in this connection on Friday, report agencies. The detainee was identified as Mahibul Khan, 39, son of Nurul Haq Khan of Louhajang upazila of Munshiganj...