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D-8 Secy Gen due Saturday

2014-08-21 00:00:00

D-8 Secretary General Seyed Ali Mohammad Mousavi is scheduled to arrive in Dhaka on Saturday on a four-day official visit to Bangladesh. During the visit, Mousavi will attend the 8th D-8 meeting of Directors General and Expert Group on Civil...

DU to observe ‘Black Day’ Sunday

2014-08-21 00:00:00

Teachers and students of Dhaka University (DU) will observe ‘Black Day’ on Sunday marking the atrocities unleashed by law enforcers in 2007. Every year Black Day is observed on August 23. As August 23 is Saturday (a government holiday) this...

Sydney shares slip

2014-08-20 00:00:00

The prices of most of the shares in Australia’s financial markets witnessed negative trend on Wednesday. Sydney stocks were down 0.12 per cent at the end of trade today, according to a news agency.

Man gets life for killing wife

2014-08-20 00:00:00

A court in Pabna has convicted a man and sentenced him to life term imprisonment for killing his wife for dowry more than 19 months ago. The convict was identified as Abdul Kader, son of Afaj Uddin, a resident of...

DSE, CSE gain at opening

FE Online Report | 2014-08-20 00:00:00

The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend in early hours of trading on Wednesday, the third trading day of the current week. DSEX, the prime index of...

Youth slaughtered in Kushtia

2014-08-20 00:00:00

Unidentified miscreants slaughtered a youth and dumped his body in a field in Kumarkhali Upazila in Kushtia district at some time between Tuesday and early Wednesday. The deceased was identified as Altu Miah, 25, son of Arshed Miah, a resident...

Aug 21 grenade attack: Maulana Tajuddin in S Africa

2014-08-20 00:00:00

Interpol on Tuesday informed Bangladesh Police that Maulana Tajuddin, one of the accused in August 21 grenade attack cases, is now staying in South Africa. ‘Interpol this (Tuesday) morning sent us an email informing that Maulana Tajuddin is now in...

Ferry services resume after 11 hrs

2014-08-20 00:00:00

Movement of ferries in Mawa-Kewrakandi waterways resumed partially on Wednesday morning, 11 hours after the suspension of ferry services in the important route due to erosion by Padma River which threatened Mawa ferry terminals. AKM Ashiquzzaman Chowdhury, assistant general manager...

AL leader shot in front of home in Dhaka

2014-08-20 00:00:00

A local Awami League leader in Dhaka’s Sutrapur has been shot in front of his house, police and family members said. Md Shaheed, the party’s Sutrapur unit general secretary, was taken to Dhaka Medical College Hospital (DMCH) after the incident...

Police say 47 arrested in latest Ferguson protest

2014-08-20 00:00:00

Police said Wednesday they had arrested 47 people during a night of protests in Ferguson, the Missouri town rocked by violence over the police shooting of an unarmed black teenager. Captain Ron Johnson of the Missouri Highway Patrol said protesters...

Asian shares slip ahead of US Fed chief\\\'s speech

2014-08-20 00:00:00

Asian shares slipped Wednesday despite a positive lead from Wall Street, where stocks picked up on encouraging US economic data ahead of a keynote speech this week by the Federal Reserve chief. Shanghai lost 0.25 percent, Seoul fell 0.17 percent...

Oil prices mixed in Asia

2014-08-20 00:00:00

Oil prices were mixed in Asia Wednesday as investors await the release of US Federal Reserve minutes from its July meeting, while keeping an eye on the latest stockpiles data. US benchmark West Texas Intermediate (WTI) for September delivery rose...

Dollar hits multi-month highs in Asia on upbeat US data

2014-08-20 00:00:00

The dollar hit multi-month highs against the euro and yen in Asia Wednesday after a surge in US housing construction boosted optimism over the state of the world's number one economy. In late afternoon Tokyo trade, the greenback rose to...

Liberia imposes curfew as Ebola crisis grows

2014-08-20 00:00:00

Liberian President Ellen Johnson Sirleaf imposed a nighttime curfew from Wednesday and quarantined two affected neighbourhoods in a bid to stem the Ebola epidemic rampaging through West Africa. ‘Commencing Wednesday, August 20 there will be a curfew from 9:00 pm...

Israeli strike killed Gaza commander\\\'s wife and child

2014-08-20 00:00:00

An Israeli air strike on Gaza City killed the wife and infant daughter of elusive Hamas military chief Mohammed Deif, the Islamist group said early Wednesday. ‘The wife of the great leader was martyred with his daughter,’ in a strike...

Standard Chartered fined $300 mn over laundering controls

2014-08-20 00:00:00

New York State’s banking regulator Tuesday hit Standard Chartered Bank with a $300 million fine and restrictions on its dollar-clearing business for failing to detect possible money-laundering. The New York Department of Financial Services (DFS) said the British bank's internal...

IS claims beheading of journalist, warns US against Iraq strikes

2014-08-20 00:00:00

Jihadists released a video apparently showing the beheading of an American journalist kidnapped in Syria, in the most direct retaliation yet to nearly two weeks of US air strikes on Iraq. As calls mounted for Washington to expand its military...

Stocks slip in red amid low turnover

FE Online Report | 2014-08-20 00:00:00

Stocks slipped in the red on Wednesday after previous session’s upturn as investors went for short-term profit-booking on large cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,553.86 points, shedding 22.50 points or 0.49...

US Embassy announces change in MRV visa fee collection pts

2014-08-20 00:00:00

US Embassy in Dhaka on Wednesday announced that Machine Readable Visa (MRV) fee collection will no longer be available at Standard Chartered Bank after August 31. The HSBC will begin collecting MRV fees for visa applications beginning on September 14....

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...