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DSE intensifies search for strategic partner

Mohammad Mufazzal | 2014-08-18 00:00:00

Dhaka Stock Exchange (DSE) will hold a big event by the end of this year -part of its plan to sell a quarter of its stakes to an international strategic partner, officials said. The DSE event is also intended to...

Social Islami Bank Limited

2014-08-18 00:00:00

Indians top investors in Dubai\\\'s real estate mkt

2014-08-18 00:00:00

DUBAI, Aug 17 (Business Standard): Indians have been ranked first among foreign investors in Dubai's real estate sector, making a total of 4,417 transactions worth nearly $3 billion in the first half of the year, according to an official report....

Lub-rref (Bangladesh) Limited

2014-08-18 00:00:00

Bonds beat stocks worldwide in past month on demand for safety

2014-08-18 00:00:00

SINGAPORE, Aug 17 (Bloomberg): Bonds trounced stocks worldwide over the past month as investors sought the safety of debt amid unrest in Ukraine and the Middle East and signs of uneven economic growth. The Bank of America Merrill Lynch Global...

KPPL to make debut trading today

2014-08-18 00:00:00

FE Report Shares trading of Khulna Printing and Packaging Limited (KPPL) will begin on the Dhaka Stock Exchange and the Chittagong Stock Exchange today (Monday) under 'N' category, officials said. KPPL is the second listed company under the 'Paper and...

Sebi starts probes in 108 new case in FY’14

2014-08-18 00:00:00

NEW DELHI, Aug 17 (Business Standard): Capital market watchdog Sebi started probe into 108 new cases related to manipulations in the securities laws and completed investigation in 120 matters during the last financial year. With this the total number of...

Five ETFs to hit Dalal Street this year

2014-08-18 00:00:00

MUMBAI, Aug 17 (Business Standard): This year, Dalal Street will see the launch of five new exchange-traded funds (ETFs), four of which will not be marked to the benchmark indices. The broader market's outperformance, coupled with an improvement in investor...

MFs buy shares worth Rs 50b in July

2014-08-18 00:00:00

NEW DELHI, Aug 17 (PTI): Improved market sentiment helped Mutual Funds (MFs) pick up shares worth over Rs 50 billion in July, making it the highest monthly inflow in six-and-a-half years. This also marks the third consecutive monthly inflow. Besides,...

Sebi installs new alerts software to spot suspicious transactions

2014-08-18 00:00:00

NEW DELHI, Aug 17 (PTI): Expanding its surveillance mechanism to catch market manipulators and fraudsters early, watchdog Securities and Exchange Board of India (Sebi) has put in place a new alert-generation system to detect possible wrongdoings by the traders and...

US investors switch out of Europe as recovery bet sours

2014-08-18 00:00:00

LONDON, Aug 17 (Reuters): US investors are withdrawing billions of dollars from European stocks as signs of a stalled economic recovery, compounded by the Ukraine crisis, halt the past year's scramble to buy back into the region. The switch out...

FIIs pull out Rs 53b from bonds in Aug

2014-08-18 00:00:00

NEW DELHI, Aug 17 (PTI): Overseas investors have pulled out nearly Rs 53 billion from the Indian debt market since the beginning of the month. In comparison, equity market has witnessed modest inflow of Rs 11.50 billion during the period....

Michael Brown \\\'shot multiple times\\\'

BBC | 2014-08-18 00:00:00

The unarmed black teenager killed by a police officer in Ferguson, Missouri, on 9 August was shot at least six times, including twice in the head, a medical examiner has said. Dr Michael Baden was hired to perform a second,...

MCX board to decide on FTIL stake today

2014-08-18 00:00:00

MUMBAI, Aug 17 (Business Standard): The Multi Commodity Exchange (MCX) board will meet on Monday to decide, among other things, whether the remaining stake of its embattled promoter should be transferred to an escrow account. MCX is under pressure from...

Thousands of Pak protesters demand arrest of Sharif

2014-08-18 00:00:00

ISLAMABAD, Aug 17 (AFP): Thousands of opposition demonstrators crowded the streets of the Pakistani capital for a second day Sunday, after a populist cleric issued a 48-hour ultimatum demanding the arrest of Prime Minister Nawaz Sharif. The ultimatum came as...

Protesters defy curfew in riot-shaken US town

2014-08-18 00:00:00

FERGUSON, Aug 17 (AP): Police used smoke bombs and tear gas to disperse demonstrators who defied a curfew in Ferguson, Missouri early Sunday, where a fatal police shooting of an unarmed black teen triggered a wave of rioting. Missouri Governor...

HK pro-government activists hold rally

2014-08-18 00:00:00

HONG KONG, Aug 17 (AFP): Tens of thousands of people, some waving Chinese flags, marched in Hong Kong Sunday to protest against a pro-democracy campaign to blockade the business district unless Beijing grants acceptable electoral reforms. The rally in searing...

Shakib regains top spot in Test rankings

2014-08-18 00:00:00

Bangladesh all-rounder Shakib Al Hasan, who is currently serving a six-month ban due to disciplinary issues, has regained the top spot in Test rankings. The 27-year-old, who had lost his place to Ravichandran Ashwin of India last November, returned to...

Kiev forces push into rebel city ahead of Russia, Ukraine talks

2014-08-18 00:00:00

KIEV, Aug 17 (AFP): Ukrainian forces battled into a key rebel bastion as fresh claims that rocket launchers had crossed over from Russia stoked tensions Sunday ahead of talks between Kiev and Moscow's top diplomats. The foreign ministers of Russia,...

First Nigerian Ebola patient discharged after full recovery

2014-08-18 00:00:00

LAGOS, Aug 17 (Reuters):  The first Nigerian confirmed to have contracted the Ebola virus has been discharged here after full recovery, the government said. Minister of Health Onyebuchi Chukwu late Saturday told reporters in Lagos, the country's economic hub, that...

Israel must accept Palestinian demands or face long war: Hamas

Gaza truce talks resume in Cairo | 2014-08-18 00:00:00

JERUSALEM, Aug 17 (agencies): Israel warned  Sunday it would not countenance any long-term truce deal that did not answer its security needs as Gaza ceasefire talks resumed in Cairo. Egyptian-brokered indirect negotiations between Israel and the Palestinians are taking place...

news digest

2014-08-18 00:00:00

Pope says Church not out to 'conquer' Asia HAEMI, Aug 17: Pope Francis reached out to China on the penultimate day of his visit to South Korea on Sunday, urging a closer dialogue and insisting that Catholics did not view...

China fishes for growth with world\\\'s largest aquarium

2014-08-18 00:00:00

HENGQIN ISLAND, China, Aug 17 (AFP): A giant 63-metre blue whale shark statue towers over the world's largest aquarium, on a Chinese island being promoted as a testing ground for reforms aimed at encouraging domestic consumption as the driver of...

European stocks bounce as Ukraine fears ease

AFP | 2014-08-18 00:00:00

LONDON: European stock markets rebounded sharply Monday as traders breathed a sigh of relief over easing tensions in east Ukraine and gains by Western-backed forces in Iraq. Frankfurt's main DAX index added 1.68 per cent to end the day at...

US producer prices moderate as gasoline tumbles

2014-08-18 00:00:00

WASHINGTON, Aug 17 (Reuters): US producer prices rose marginally in July as a decline in the cost of energy goods offset higher food prices, pointing to a moderation of inflation pressures at the factory gate. The Labor Department said on...

Russian food embargo smells like opportunity for LatAm

2014-08-18 00:00:00

SAO PAULO, Aug 17 (AFP): Russia's embargo on US and EU food products has opened a window of opportunity for Latin America, which could capitalize on the Ukraine crisis to become a major food supplier to Moscow. Furious over the...

Palm oil in biggest weekly drop in 1-1/2 years to near five-year low

2014-08-18 00:00:00

KUALA LUMPUR, Aug 17 (Reuters): Malaysian palm oil futures tumbled to their lowest in nearly five years on Friday to record their biggest weekly fall since March 2013, under pressure from a surge in the ringgit as well as concerns...

Khaleda launches Dinkal online version

2014-08-18 00:00:00

BNP chairperson Khaleda Zia inaugurated the online version of vernacular daily Dinkal on Monday night.  She launched the online version of Dinkal, her party’s mouthpiece, on a laptop at her Gulshan office around 9 pm, according to a news agency.  

Beset by problems at home, Brazilian steel looks out at a hard world

2014-08-18 00:00:00

SAO PAULO, Aug 17 (Reuters): Whichever way Brazil's steel industry looks it sees pain. At home, the economy is on the brink of recession and demand for the world's most used metal is on the wane. Abroad, Brazilian exports are...

Youth Hockey Spain crush Bangladesh

2014-08-18 00:00:00

Bangladesh Youth Hockey team made a dismal start in their first Pool A match of the 2nd Summer Youth Olympic Games, as they were crushed by Spain by 9-1 goal at Sports Park Hockey Field in Nanjing, China Sunday, reports...