MOSCOW, Aug 28 (AFP): The Russian government announced Thursday a cash-for-clunkers programme, offering consumers an incentive of some $1,100 to jump start stalled car sales. "This could seriously stimulate sales," Prime Minister Dmitry Medvedev said at a government meeting, according...
MANILA, Aug 28 (AFP): The Philippine economy rebounded to post 6.4-per cent growth in the second quarter and regain its status as one of the strongest in Asia, authorities said Thursday. The private sector took the lead as the economy...
MOSCOW, Aug 28 (AFP): Leading Russian airline Aeroflot dived into loss in the first half of the year, buffeted by the problems afflicting the Russian economy, the group said on Thursday. The Russian economy is experiencing sharp slowdown, severely exacerbated...
GLASGOW, Aug 28 (AFP): British Prime Minister David Cameron heads to Scotland Thursday to make the business case for it remaining part of Britain as 200 business leaders signed an open letter backing independence. Questions over whether Scotland's economy could...
TOKYO, Aug 28 (AFP): The dollar slipped against other major currencies in Asia on Thursday as investors await revised US second-quarter growth data. In Tokyo morning trade, the greenback weakened to 103.77 yen, from 103.86 yen in New York. The...
BEIJING, Aug 28 (Reuters): Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest...
FRANKFURT, Aug 28 (AFP): Unemployment in Germany remained steady in August, official data showed on Thursday, as clouds continue to build over Europe's biggest economy and the eurozone as a whole. The unemployment rate stood at 6.7 per cent in...
SYDNEY, Aug 28 (Reuters): Australian business investment was surprisingly strong last quarter, while an upgrade to spending plans for the year ahead leant hope the economy could weather a cooling of the once-booming mining sector. Crucially, the report from the...
MADRID, Aug 28 (AFP): Spain's economy grew by 0.6 per cent in the second quarter compared with output in the previous three months, the fastest rate since 2007, the national statistics office said on Thursday in a further sign of...
FE Report | 2014-08-29 00:00:00
After three gaining sessions, the market witnessed correction Thursday amid choppy trading with turnover rose slightly as investors bagged some profit on the manufacturing and banking stocks. Meanwhile, Far East Knitting & Dyeing Industries, which made debut Thursday, topped the...
M.A. Mannan MP, State Minister, Ministry of Finance and Planning attended an orientation programme for workshops on Credit Risks Management (CRM), Refresher Course for Deputy Managers of Branches and International Trade Payment & Finance held at Pubali Bank Auditorium recently....
Northern Jute Manufacturing Co. Ltd. gets new MD The Company has informed that Mr. Ananga Mohan Roy has been appointed as the Managing Director of the Company. Exim Bank EGM venue shifted The Company has further informed that due to...
First Janata Bank Mutual Fund With reference to their earlier letter dated August 14, 2014 (news disseminated by DSE on 18.08.2014), the Asset Manager of the fund has further informed that the declared dividend to be issued at a valuation...
Prime First Unit Fund NAV disclosed Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial...
FE Report | 2014-08-29 00:00:00
A high-profile business delegation, comprising heads of various reputed Japanese multi-national companies (MNCs), is set to arrive in Bangladesh with Japanese Prime Minister Shinzo Abe during his visit on September 6-7. Local business leaders are considering coming of the 22-member...
Sonia H Moni | 2014-08-29 00:00:00
The price of imported onion from India dropped in the wholesale and retail kitchen market following the neighbouring country's decision to cut the export price for onions by 30 per cent on August 20. The Indian government reduced the minimum...
FE Report | 2014-08-29 00:00:00
Country's overall import registered a significant fall in July last after showing upward trends in May and June when traders brought in large quantities of essentials to meet the demand during holy Ramadan. "The overall import normally falls after announcement...
NEW YORK, Aug 28 (AFP): Just weeks ahead of its expected debut on the New York Stock Exchange, Chinese Internet colossus Alibaba reported that its quarterly profit nearly tripled on surging revenue. Alibaba Group made a profit of nearly $2...
MUMBAI, Aug 28 (Reuters): The BSE Sensex rose to a record high on Thursday as continued buying from foreign investors lifted blue-chips such as Oil and Natural Gas Corp, allowing the benchmark index to post its seventh consecutive monthly gain...
NEW YORK, Aug 28 (Reuters): Investors in US-based funds poured $2.6 billion into stock funds in the week ended August 20 on a rebound in risk appetite, data from the Investment Company Institute showed on Wednesday. The inflows were the...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different open-end mutual funds (MFs) at the close of business operation on August 27, 2014, said...
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