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Gold steady, heads for monthly gain

2014-08-30 00:00:00

SINGAPORE, Aug 29 (Reuters): Gold was little changed on Friday but was on track to post a monthly gain, as growing tensions between Russia and Ukraine stoked safe-haven demand for the precious metal. And while purchases from jewellery makers have...

Oil climbs on Ukraine tensions

2014-08-30 00:00:00

LONDON, Aug 29 (AFP): Global oil prices rose on Friday, supported by renewed Russia-Ukraine tensions and bright US economic growth data, analysts said. Brent North Sea crude for October added 42 cents to $102.88 per barrel in midday London deals....

As aluminium market shifts to deficit, all eyes on China

2014-08-30 00:00:00

LONDON, Aug 29 (Reuters): For the world's hard-pressed aluminium producers the current outlook is the rosiest in many years. Russian giant UC Rusal, for example, has just returned to profit for the first time in five consecutive quarters. That's largely...

Stocks post modest gain as investors net profit

Babul Barman | 2014-08-30 00:00:00

Stocks posted a marginal gain last week that ended Thursday as investors booked profits and re-balanced portfolio, after previous week's slight fall. Last week featured five trading sessions as usual. Of them, three sessions closed higher while two saw marginal...

\\\'First Security Islami Bank

2014-08-30 00:00:00

Local currency gains ‘some’ ground against dollar

2014-08-30 00:00:00

The local currency gained some ground against the greenback during the week between August 24 and August 28 trading in the range of 77.40. The FX market experienced adequate liquidity because of lower import volume against increased inflow of remittances....

Tesco shares drop on profit warning

2014-08-30 00:00:00

Shares in Tesco reached an 11-year low after the firm cut its full-year profit forecast to £2.4 billion from £2.8 billion, reports BBC. In a statement, the supermarket said the "challenging trading conditions" would affect the group's financial performance. Sales...

Media ‘important part of Sebi\\\'s surveillance mechanism’

2014-08-30 00:00:00

NEW DELHI, Aug 29 (Business Standard): While probing manipulators in the capital markets space, some officials at regulator Sebi have got a specific job that they do very seriously-that is reading media reports to get leads on possible irregularities. Scanning...

HK exchange asks China for time to implement tax rules on cross-border deals

2014-08-30 00:00:00

HONG KONG, Aug 29 (Reuters): Hong Kong's stock exchange has asked Chinese regulators to give investors time to adjust to any tax rules agreed upon as part of a closely watched cross-border share trading scheme, two people briefed by the...

FBI probes JP Morgan \\\'cyber-attack\\\'

2014-08-30 00:00:00

The FBI says it is investigating reports in the US media of recent cyber-attacks against several US banks, reports BBC. The reports suggest between two and five banks have been targeted, including Wall Street giant JP Morgan Chase. JP Morgan...

Nepal beat B’desh

2014-08-30 00:00:00

Visiting Nepal U-23 football team shrugged off their previous defeat to bounce back in the series as they beat host Bangladesh U-23 football team by a solitary goal in the second and final match of the SS Steel International Friendly...

Eves Cricket Abahani, MSC to play final today

2014-08-30 00:00:00

Abahani Limited will take on arch rivals Mohammedan Sporting Club (MSC) Limited in the final of the Metropolitan Women's Cricket League at 9:30 am today (Saturday) at the Sher-e-Bangla National Cricket Stadium (SBNCS) in Mirpur, reports BSS. Abahani secured the...

Utseya gets hat-trick for Zimbabwe

2014-08-30 00:00:00

HARARE, Aug 29 (AFP): Prosper Utseya became just the second Zimbabwean to take a hat-trick in a one-day international as South Africa were bowled out for 231 Friday. Utseya sparked a remarkable collapse as he claimed the wickets of Quinton...

Citycell Open 3on3 Basketball begins

2014-08-30 00:00:00

Twenty-seven matches of Citycell Open 3on3 Basketball Championship (boys and girls) were decided on the opening day (Friday) at the Basketball Gymnasium in the city's Dhanmondi, reports BSS. On the opening day, Bangladesh Army, Dhumketu, Dhaka Gladiators, Bangladesh Police, Border...

England ponder options after Botham blast

2014-08-30 00:00:00

NOTTINGHAM, Aug 29 (AFP): England will have criticism from all-round great Ian Botham ringing in their ears as they try to get back on level terms with India in the third one-day international at Trent Bridge Saturday. Wednesday's huge 133-run...

Spurs, Inter in Europa League draw: Lyon, Hull miss out

2014-08-30 00:00:00

PARIS, Aug 29 (AFP): Tottenham and Inter Milan Thursday qualified for the Europa League group stage draw but among those failing to make it across the play-off line were Lyon and Real Sociedad. Also missing from Friday's draw in Monaco...

Goal joy turns to woe as Wanderers trio suspended

2014-08-30 00:00:00

SYDNEY, Aug 29 (AFP): Tomi Juric's caution for a cheeky goal celebration has made him one of three Western Sydney Wanderers players suspended for the AFC Champions League semi-finals' first leg, the club said Friday. The star striker was carded...

Ronaldo named European Player of the Year

2014-08-30 00:00:00

MONACO, Aug 29 (AFP): Real Madrid's Cristiano Ronaldo was Thursday named European Footballer of the Year, the Portuguese striker topping the journalists' poll ahead of Germany's World Cup winner Manuel Neuer and Dutchman Arjen Robben. Ronaldo is the fourth recipient...

Djokovic, Serena, Murray sail through on New York breeze

2014-08-30 00:00:00

NEW YORK, Aug 29 (AFP): Novak Djokovic reached the third round of a Grand Slam for the 25th consecutive time while Serena Williams racked up her 80th US Open win as the top seeds eased into the third round Thursday....

sports digest

2014-08-30 00:00:00

Panel submits report on IPL fixing scandal NEW DELHI, Aug 29: A panel of investigators who had been tasked by the Supreme Court to probe allegations of spot-fixing and illegal betting in cricket's Indian Premier League submitted their report to...

Shipment to Turkey surges defying duty roadblock

Ziaur Rahman | 2014-08-30 00:00:00

Bangladesh's exports to Turkey, especially readymade garments (RMG), marked a significant increase in the just-concluded fiscal (2013-14) with indications that a new and potential market for the country's apparel industry is emerging. Business circles are upbeat about the new market...

Meghna Life Insurance

2014-08-30 00:00:00

Apex Group emerges as shoemaker to the world

2014-08-30 00:00:00

To see a different face of Bangladesh manufacturing, a country that has earned notoriety with its ready-made garment plants, one drives 25 miles north of Dhaka city to Gazipur district. Amid a predominantly industrial enclave of garmentmakers is a 24-acre...

Export ban makes Hilsa less pricy at home

2014-08-30 00:00:00

FE Report Prices of Hilsa, egg and imported Indian onion decreased on Friday compared with a week ago, according to traders. Vegetable prices showed stable trend maintaining the higher price range while coriander powder prices increased. Other essentials were more...

Turkish team due in October to discuss $300 million credits

FE Report | 2014-08-30 00:00:00

A high level delegation of EXIM Bank of Turkey will visit Bangladesh in October to discuss the proposed US$ 300 million Turkish credit line for infrastructure development, foreign ministry officials said. Top executives of TURK EXIM Bank at a meeting...

India\\\'s new govt spurs faster growth

2014-08-30 00:00:00

NEW DELHI, Aug 29: Figures out Friday are expected to show India's faltering economy grew at its fastest pace in over two years in the first financial quarter, as the election of a new right-wing government spurred confidence. India has...

Yen edges higher in Asia on Ukraine tensions

2014-08-30 00:00:00

TOKYO, Aug 29 : The yen edged up in Asia Friday as growing fears of a possible Russia-Ukraine military conflict offset upbeat US economic growth data. In Tokyo midday trade, the greenback slipped to 103.70 yen from 103.75 yen in...

Weak Japan data heap pressure on policymakers

2014-08-30 00:00:00

TOKYO, Aug 29 (AFP) :  Japan's economy slowed markedly last month as consumer spending dropped and factory output ran out of steam, data showed Friday, underscoring concerns about the state of the country's recovery. The weak figures come after Japan...

Italian Brand Lotto

2014-08-30 00:00:00

India\\\'s new government spurs faster growth

2014-08-30 00:00:00

NEW DELHI, Aug 29 (AFP) : Figures out Friday are expected to show India's faltering economy grew at its fastest pace in over two years in the first financial quarter, as the election of a new right-wing government spurred confidence....