MUMBAI, Aug 14 (Reuters): The BSE Sensex and Nifty rose on Thursday to their highest close in nearly two-and-a-half weeks as blue-chips such as ICICI Bank Ltd gained, tracking higher Asian stocks as soft economic data globally kept up hopes...
NEW YORK, Aug 14 (Reuters): US stock index futures edged higher on Thursday, with investors reluctant to make big bets following a sharp rally in the previous session and amid signs of weak conditions in Europe. Trading is likely to...
NEW DELHI, Aug 14 (Reuters): India plans to sell a 10-per cent stake in state-owned Coal India Ltd (CIL), Power and Coal Minister Piyush Goyal said on Thursday. This will make it one of the many divestments proposed by the...
HONG KONG, Aug 14 (Reuters): Hong Kong shares finished lower on Thursday, with investors taking profits on Chinese energy firms and companies that posted strong earnings. A decline in mainland China indexes also weighed on the market. The Hang Seng...
LONDON, Aug 14 (Reuters): European stocks opened lower on Thursday as disappointing economic output data from the euro zone's two largest economies cast shadows on market bets on an economic recovery in the currency bloc. At 0703 GMT, the pan-European...
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 mutual funds (MFs) at the close of business operation on August 13, 2014, said a...
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 13, 2014, said...
Yasir Wardad | 2014-08-15 00:00:00
Prices of coarse rice varieties have increased in the city kitchen markets which traders attributed to the shortage of a few paddy varieties. Meanwhile, experts emphasized on strict monitoring of rice market as the country had a bumper crop output...
LONDON, Aug 14 (Reuters): Gold edged higher on Thursday as the dollar weakened and sluggish U.S. and European economic data prompted investors to switch positions from riskier assets such as equities to safer bets. Spot gold rose 0.2 percent to...
SINGAPORE, Aug 14 (AFP): Oil prices fell in Asia Thursday following a surprise increase in US commercial crude-oil stockpiles and a slew of soft economic data from leading energy consumers. US benchmark West Texas Intermediate eased 44 cents to $97.15...
NEW DELHI, Aug 14 (Reuters): Indian soyoil, soybean and rapeseed futures rose on Wednesday, shrugging off falls in overseas markets where benchmark palm oil futures stayed near their lowest levels in more than a year. Malaysian palm oil futures edged...
FE Report | 2014-08-15 00:00:00
The Asian Development Bank will provide US$111 million in loans for two separate projects in Bangladesh aimed at checking river erosions and boosting agricultural productivity. The Manila-based lender signed two separate loan agreements with the Economic Relations Division (ERD) of...
NEW DELHI, Aug 14 (AFP): India's wholesale price inflation hit a five-month low in July, data showed Thursday, but steep retail price growth means the central bank is unlikely to cut benchmark interest rates soon. The Wholesale Price Index, closely...
FE Report | 2014-08-15 00:00:00
A total of 18 commercial banks have, so far, joined the National Payment Switch Bangladesh (NPSB) system, with having a daily interbank ATM transactions amounting to Tk 6 million. Launched in late 2012 with participation of only three banks under...
NEW DELHI, Aug 14 (AFP): Indian giant Tata Steel reported Wednesday that quarterly group net profit slid a bigger-than-expected 70 per cent, hit by one-off charges, but added its European operations were picking up. Despite a "healthy improvement across geographies",...
WASHINGTON, Aug 14 (AFP): Initial claims for US unemployment insurance benefits rose to a six-week high last week but the overall trend continued to show a tightening labor market, government data showed Thursday. New jobless claims, a sign of the...
India in talks to ‘simplify process of foreign investment’ BHUBANESWAR, Aug 14: India's central bank is in talks with market participants to simplify the process of investing into the country's debt market, deputy governor HR Khan said on Thursday, responding...
Talha Bin Habib | 2014-08-15 00:00:00
Bangladesh Samabaya Bank Ltd (BSBL) has planned to double its loan disbursement in the current fiscal year, following increase of net profit over the years, a high official of the bank said. BSBL is set to disburse Tk 1.5 billion...
TEHRAN, Aug 14 (Xinhua): The administration of Iranian President Hassan Rouhani has approved legislation allowing the transfer of land to foreign companies in the Aras Free Trade and Industrial Zone, which is located in the northwestern province of East Azarbaijan,...
YANGON, Aug 14 (Xinhua): Myanmar is planning to draw a strategic plan for the development of small and medium enterprises (SMEs) with the help of a German foundation, according to the Ministry of Industry today. Under a memorandum of understanding...
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