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Japanese 111-year-old becomes oldest man

2014-08-20 00:00:00

A Japanese man born months before the Wright brothers carried out the first human flight was recognised Wednesday as the world's oldest male at the age of 111. Sakari Momoi, a former high school principal who was born on February...

China fines Japanese auto parts firms $200 mn for monopoly

2014-08-20 00:00:00

China has fined 10 Japanese auto parts firms more than $200 million in total for price-fixing, authorities said Wednesday, reportedly the biggest-ever such penalties, in the latest step of the country's anti-monopoly drive. Beijing has over the past year launched...

Protesters tear down barricades to reach Pak parliament

2014-08-20 00:00:00

Protesters in Pakistan, led by former national cricket team captain Imran Khan and fiery cleric Tahir-ul-Qadri, on Wednesday claimed victory after tearing down barricades and occupying a key road outside Parliament, where they are demanding the resignation of Prime Minister...

At least 32 dead as Japan landslides engulf homes

2014-08-20 00:00:00

Huge landslides in western Japan killed at least 32 people and left another nine missing Wednesday, authorities said, after waves of mud engulfed homes in a suffocating sludge. Dozens of houses were buried when hillsides collapsed after torrential downpours in...

UK police find 15 immigrants in truck in latest incident

2014-08-20 00:00:00

Fifteen distressed immigrants were found in a truck in Britain on Tuesday, as a man was arrested on suspicion for manslaughter for the death of a stowaway in a similar incident three days earlier. The 15 foreign nationals in the...

SE Asia economic integration could worsen inequality

2014-08-20 00:00:00

A plan by Southeast Asian countries to establish a European Union-inspired single market next year could worsen inequality and is likely to benefit men more than women, a new study warned Wednesday. The Association of Southeast Asian Nations (ASEAN) has...

Two charged in Malaysia with stealing from MH370 victims

2014-08-20 00:00:00

A Malaysian bank officer and her husband were charged Wednesday with forgery, theft and other offences after allegedly stealing more than $30,000 from the accounts of four people who were aboard missing flight MH370. Nur Shila Kanan, who has worked...

Bank of England divided on need for rate rise

2014-08-20 00:00:00

The Bank of England is divided on whether to maintain record-low interest rates as minutes published on Wednesday revealed its first split vote for more than three years. The 7-2 vote in favour of keeping the BoE's main lending rate...

Citigroup eyes sale of Japan retail banking business

2014-08-20 00:00:00

Citigroup is eyeing the sale of its Japanese retail banking operations, reports said Wednesday, more than a century after setting up shop in the Asian nation. The Nikkei business daily said the US financial giant was talking to Japan's three...

PM gives Tk 10m to physically challenged cricketers

2014-08-20 00:00:00

Prime Minister Sheikh Hasina on Wednesday handed over a cheque for Tk 10 million financial assistance to ‘Bangladesh Cricket Association for the Physically Challenged’ to support the physically challenged cricket players. President of the association Prof Dr Shaikh Abdus Salam...

Hungary\\\'s debt-relief plan could hurt economy, say analysts

2014-08-20 00:00:00

Controversial new plans to make Hungary's banks bear the burden of surging mortgage repayments could drag down economic growth and may prompt some beleaguered lenders to leave the country, analysts say. Around a million Hungarians have been left with skyrocketing...

Election to be held much ahead of 2019: BNP

2014-08-20 00:00:00

Brushing aside the ruling party leaders’ claim that the next national election to be held on completion of the government’s five-year tenure, BNP acting Secretary General Mirza Fakhrul Islam Alamgir on Wednesday said the election will be held much ahead...

Afghanistan orders US reporter to leave over election story

2014-08-20 00:00:00

Afghanistan on Wednesday ordered a New York Times correspondent to leave the country after he wrote an article saying government ministers and officials were threatening to seize power to end a stand-off over election results. The attorney general's office said...

Buenos Aires moves to pay bondholders in Argentina

2014-08-20 00:00:00

Buenos Aires on Tuesday moved to pay bondholders domestically after a US bank left it unable to do so, President Cristina Kirchner said. ‘To protect the payments to bondholders who took part in the 2005 and 2010 debt swaps, we...

Inqilab news editor put on 5-day remand

2014-08-20 00:00:00

A Dhaka court on Wednesday placed Robiulla Robi, the news editor of The Daily Inqilab, on a 5-day remand in a case filed under Information and Communication Technology (ICT) Act. Dhaka Metropolitan Magistrate SM Ashiqur Rahman passed the order when...

9 Ukrainian troops killed

2014-08-20 00:00:00

A Ukrainian official says nine troops were killed in overnight fighting in the streets of the town of Ilovaysk, which lies just east of the rebel stronghold Donetsk. Anton Herashchenko, an adviser to the Ukrainian interior minister, said in a...

Volvo Car reports return to profit on China sales

2014-08-20 00:00:00

Chinese-owned Volvo Car Group announced a return to profits on Wednesday in an upbeat half-yearly report that cited ‘solid’ demand for the Swedish brand particularly in China. The Gothenburg-based manufacturer bucked dismal sales trends in the global auto industry with...

High South African inflation edges lower: official data

2014-08-20 00:00:00

South African inflation ticked down to 6.3 per cent in July, government data showed on Wednesday, easing pressure slightly on consumers. The consumer price index was 0.3 points lower than June, thanks in part to a drop in the price...

Japan trade deficit narrows 6.6% on-year to $9.4 bn in July: govt

2014-08-20 00:00:00

Japan's trade deficit narrowed 6.6 per cent year-on-year to $9.4 billion in July, with exports picking up on increased shipments of cars and machinery, data showed Wednesday. Japan logged a deficit of 964.0 billion yen against the year-before shortfall of...

Tide turns for shark fin in China

2014-08-20 00:00:00

A sprawling market floor in Guangzhou was once a prime location for shark fin, one of China's most expensive delicacies. But now, it lies deserted, thanks to a ban from official banquet tables and a celebrity-driven ad campaign. One shopkeeper...

Germany says ready to send arms to Iraqi Kurds

2014-08-20 00:00:00

Germany is ready to send weapons to support Iraqi Kurds in their battle against the ‘barbaric’ jihadist militants of the Islamic State, Foreign Minister Frank-Walter Steinmeier said Wednesday. After other European countries said they would send arms to help the...

Portugal borrows at record low rates, despite BES rescue

2014-08-20 00:00:00

Portugal on Wednesday raised one billion euros ($1.32 billion) of government debt at record low rates as investor confidence recovered after the rescue of the country's biggest private bank. One of the issues was made at half the rate of...

Novartis licences drugs to non-profit TB group

2014-08-20 00:00:00

Swiss-based pharmaceuticals giant Novartis said Wednesday that it had signed a licensing deal with an international organisation that fights tuberculosis. In a statement, the group said that the exclusive worldwide licensing agreement with the Global Alliance for TB Drug Development...

Glencore Xstrata reports switch into profit

2014-08-20 00:00:00

Mining giant Glencore Xstrata reported a sharp improvement in first-half performance on Wednesday, marking a big switch back into profit. The group, which came into being with a mega merger last year, said it had made a net profit of...

Carlsberg lowers profit outlook on fall in Russian sales

2014-08-20 00:00:00

Danish brewer Carlsberg cut its annual profit guidance on Wednesday and said economic uncertainty in Russia, its biggest market, could prompt it to close some breweries. Clouds over the outlook in some parts of eastern Europe had cut consumption of...

Thai junta chief tipped to become PM

2014-08-20 00:00:00

Thailand's coup leader is expected to be picked as prime minister by the kingdom's new army-dominated national assembly, junta sources said Wednesday, cementing the military's hold on power in the politically turbulent nation. Army Chief Prayut Chan-O-Cha is likely to...

India sacks movie censor chief over bribery charge

2014-08-20 00:00:00

India has removed the chief executive of its film censorship board after he was arrested on accusations he took a bribe to clear a movie for screening. Rakesh Kumar was arrested on Monday in Mumbai, the centre of the Bollywood...

PM orders fresh biddings for offshore blocks

2014-08-20 00:00:00

Prime Minister Sheikh Hasina on Wednesday asked the Energy and Mineral Resources Ministry to go for fresh biddings for offshore blocks to ensure the optimum extraction of oil and gas from the Bay of Bengal. “Go for fresh biddings in...

China arrests three over deadly factory blast: Xinhua

2014-08-20 00:00:00

China on Wednesday arrested three managers of a Taiwanese-invested car parts factory where a massive explosion this month killed 75 people, state media said. The blast at a wheel hub polishing workshop at Kunshan in the eastern province of Jiangsu...

98,762 deposit Hajj money

2014-08-20 00:00:00

A total of 98,762 Bangladeshis intending to perform Hajj this year, including 1,505 under government management, have deposited their Hajj money. This was revealed at the fifth meeting of the Parliamentary Standing Committee on Religious Affairs Ministry on Wednesday, which...