NEW YORK, Aug 23 (Reuters): Investors worldwide poured $17.9 billion into stock funds and $3.1 billion into high-yield bond funds in the week ended August 20, indicating a rebound in risk appetite, data from a Bank of America Merrill Lynch...
LONDON, Aug 22 (Reuters): European shares fell on Friday after a brisk two-week rally, hurt by a ratcheting-up of tensions in Ukraine, although traders said a dovish tone in a speech by US Federal Reserve Chair Janet Yellen limited losses....
HONG KONG, Aug 22 (Reuters): Hong Kong shares rose on Friday, tracking gains in the US after upbeat economic data sparked a record close on Wall Street. The Hang Seng Index closed up 0.5 per cent at 25,112.23 points. It...
TOKYO, Aug 23 (Reuters): An index of Asian shares neared a six-and-half-year peak on Friday and was poised for a weekly gain, after upbeat US economic data sparked another record close on Wall Street. Still, investors were cautious ahead of...
Camudi, the leading online marketplace for vehicles in Bangladesh, is set to change the experience of car shopping for Bangladeshi people. Carmudi Bangladesh has started making an impact on the auto industry by bringing a huge number of showrooms of...
MUMBAI, Aug 23 (Business Standard): India Inc's coveted club of companies with market capitalisation (m-cap) of more than Rs 1 lakh crore now has 18 members. The current market rally, which has seen benchmark indices gain about 40 per cent...
FE Report | 2014-08-24 00:00:00
Prices of most consumed vegetables rose on Saturday, putting exorbitant pressure on fixed income groups. Traders attributed the hike to the supply shortage caused by the recent flood and heavy rainfall in the growing hubs of the country. Most of...
PABNA, Aug 23 (UNB): Bangladesh Petroleum Exploration and Production Company (Bapex) on Friday started drilling at Mubarakpur gas-field in Sathia upazila of the district. Petrobangla Chairman Prof Hossain Monsur inaugurated the drilling work around 11am at the gas-field, the first...
HONG KONG, Aug 23 (AFP): Chinese oil giant Sinopec said Friday its net profit for the first half of 2014 was up 7.5 per cent year-on-year, despite weakened domestic demand for oil products. Asia's largest refiner by capacity said its...
LONDON, Aug 23 (AFP): Raw material prices diverged this week on mixed US and Chinese economic data and an easing of geopolitical concerns, analysts said. On Friday, all eyes were on Janet Yellen as the head of the US central...
Korean Ambassador to Bangladesh Lee Yun-young has said Bangladesh should come out from protectionism and open up its market for big investors through removing its anti-FDI (foreign direct investment) atmosphere. "As Bangladesh's 'enduring friend', Korea wants to see more success...
Talha Bin Habib | 2014-08-24 00:00:00
Bangladeshi businessmen will persuade Japanese entrepreneurs to invest in a big way when a group of investors accompanying prime minister Abe descends on the capital next month, a top business leader said. "They (Japanese investors) are very positive about investing...
FE Report | 2014-08-24 00:00:00
AKM Selim Osman was re-elected president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) for the third term. Mr Osman reelected uncontested in BKMEA Election of Board of Directors (2014-16) on Saturday, the association said. BKMEA president said the newly...
Clinker-laden lighterage vessel sinks in Bay CHITTAGONG, Aug 23: A lighterage ship laden with cement clinker sank in the bay near Patenga Saturday on its way to Chittagong Port, officials said. The ship MV Nasa dashed with another sunken lighterage...
Shamsul Huda | 2014-08-24 00:00:00
Local production now can meet more than 80 per cent of the 0.5 million- tonne annual demand for writing, printing and newsprint papers, industry sources said as they sought government patronage for flourishing the fledging industry. Bangladesh Paper Mills Association...
Mr Ardashir Kabir, Mr M Shah Alam and Mr Kamran T Rahman have been elected chairman, senior vice chairman and vice chairman respectively of the Bangladesh Tea Association (BTA). They were elected for the term 2014-2015 and 2015-2016 at the...
MUMBAI, Aug 23 (Reuters): The Reserve Bank of India (RBI) plans to impose stricter limits on how much a bank can lend to a single corporate group, a move aimed at curbing risk in the banking sector at a time...
JAKARTA, Aug 23 (Xinhua): Indonesia's central bank, Bank Indonesia, forecast the country's consumer price index in August to rise at a slower pace than July's 0.93 per cent, due to the absence of sentiment that can push prices up, an...
LUSAKA, Aug 23 (Xinhua): The Zambian government is targeting an annual economic growth of seven per cent per annum from next year as it tries to ramp up economic growth to benefit citizens, the Ministry of Finance said on Friday....
YANGON, Aug 23 (Xinhua): China UnionPay International (UPI), in cooperation with Myanmar's Cooperative Bank (CB), will introduce EASi Travel UnionPay card for the first time in Myanmar starting on Sept. 1 to facilitate Myanmar citizens in domestic and international payment,...
MOSCOW, Aug 23 (AFP): Russia's farm sector needs an additional 636 billion roubles ($17.6 billion, 13.2 billion euros) of investment to replace the products it banned in response to Western sanctions, Agriculture Minister Nikolai Fyodorov said on Friday. "We prepared...
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