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ECB survey points to weaker inflation this year, next

2014-08-15 00:00:00

FRANKFURT, Aug 14 (Reuters): Eurozone inflation will be weaker than previously expected this year and next, an updated survey for the European Central Bank (ECB) indicated on Thursday, darkening the eurozone's economic outlook. The quarterly Survey of Professional Forecasters (SPF)...

‘Meaningless’ Russia bans jeopardise EU economy, warns Slovak PM

2014-08-15 00:00:00

PRAGUE, Aug 14 (Reuters): Slovakia's prime minister (PM) criticised European Union sanctions against Russia over Ukraine, saying they would only threaten economic growth in the 28-member bloc. "Why should we jeopardise the EU economy that begins to grow?" Robert Fico...

Indonesia holds key interest rate

2014-08-15 00:00:00

JAKARTA, Aug 14 (AFP): Indonesia's central bank on Thursday kept its key interest rate on hold for a ninth consecutive month despite slowing growth, with its room for manoeuvre limited after the current account deficit more than doubled. Bank Indonesia...

exchange rate

2014-08-15 00:00:00

Photo: Bangladesh Export Processing Zones Authority (BEPZA)

2014-08-15 00:00:00

Photo: BANGKOK, Thailand: A tourist (L) walking past

2014-08-15 00:00:00

BD exports to Sweden doubled in 5 yrs: Tofail

2014-08-15 00:00:00

Commerce Minister Tofail Ahmed on Thursday said Bangladesh's export to Sweden had almost doubled over the last five years and hoped that it would grow further in the coming days following increasing demands, reports UNB. Bangladesh's export to the Scandinavian...

AUST, WUB sign MoU with BCSIR

2014-08-15 00:00:00

A tripartite memorandum of understanding (MoU) was signed among the Bangladesh Council of Scientific and Industrial Research (BCSIR), Ahsanullah University of Science and Technology (AUST) and World University of Bangladesh (WUB). BCSIR secretary Md Khalilur Rahman and Prof Dr Kazi...

S&P downgrades Austrian banks on \\\'bail-in\\\' concerns

2014-08-15 00:00:00

VIENNA, Aug 14 (AFP): Standard & Poor's has cut the credit ratings of three major Austrian banks in response to new legislation winding up the deeply troubled and nationalised lender Hypo Alde Adria. The ratings were cut by one notch...

Eurozone economy stalls on setback in Germany

2014-08-15 00:00:00

BRUSSELS, Aug 14 (AFP): Growth in the 18-country eurozone ground to a standstill in the second quarter, official data showed Thursday, dragged down by France and Germany and casting a cloud over recovery in the crisis-battered region. Stagnation in the...

Japan heads for Q3 rebound but pressure on BOJ, Abe may build

2014-08-15 00:00:00

TOKYO, Aug 14 (Reuters): Japan's economy is expected to rebound this quarter from a steep contraction, but looming challenges will keep the pressure on the government and central bank for action to sustain growth. Economists expect annualised growth of about...

Euro mixed in Asia ahead of eurozone growth data

2014-08-15 00:00:00

TOKYO, Aug 14 (AFP): The euro was mixed in Asia Thursday as investors awaited second-quarter eurozone growth figures. In midday Tokyo trading, the European single currency weakened to $1.3357 from $1.3363 in New York, while it rose to 137.07 yen...

Govt probing IBBL spending

2014-08-15 00:00:00

The government is looking into where the Islami Bank Bangladesh Ltd. (IBBL) spends its profit, State Minister for Home Asaduzzaman Khan Kamal has said. "Islami Bank already gave a report on how its profits are spent. The intelligence people have...

Govt probing IBBL spending

2014-08-15 00:00:00

The government is looking into where the Islami Bank Bangladesh Ltd. (IBBL) spends its profit, State Minister for Home Asaduzzaman Khan Kamal has said. "Islami Bank already gave a report on how its profits are spent. The intelligence people have...

Photo: SHANGHAI, China: People with umbrellas stand in the rain

2014-08-15 00:00:00

Govt urged to sue Khaleda for \\\'fake\\\' birthday

2014-08-15 00:00:00

Awami League (AL) Publicity and Publication Secretary Dr Hasan Mahmud urged the government Thursday to file a criminal case against BNP chairperson Khaleda Zia for celebrating her spurious birthday on the National Mourning Day, reports BSS. "Khaleda Zia celebrates false...

BNP submits audit report to EC

2014-08-15 00:00:00

BNP submitted Thursday its annual financial statement to the Election Commission (EC) for the 2013 calendar year, reports UNB. A four-member BNP delegation, led by party joint secretary general Ruhul Kabir Rizvi, handed over the financial report to EC acting...

Inu made minister to hurl abuses at Khaleda: BNP

2014-08-15 00:00:00

BNP senior leader Gayeshwar Chandra Roy alleged Thursday that Information Minister Hasanul Haq Inu has been made minister to hurl abuses at BNP chairperson Khaleda Zia, reports UNB. "Awami League itself is responsible for the killing of Sheikh Mujibur Rahman…...

Quader blasts AL leaders engaged in \\\'self-publicity\\\' over Mourning Day

2014-08-15 00:00:00

Communications Minister Obaidul Quader accused a section of Awami League (AL) leaders Thursday of using the occasion of the National Mourning Day as the means of their 'self-publicity,' reports UNB. "Billboards with images have flooded AL offices, the secretariat and...

Khulna dist Jamaat ameer detained

2014-08-15 00:00:00

KHULNA, Aug 14 (UNB): Police arrested the ameer of Khulna district (south) Jamaat-e-Islami AKM Tamiz Uddin from Koira Upazila sadar Thursday morning. Sources at Koira Police Station said a team of the police station arrested Tamiz Uddin, also chairman of...

Photo: Transparency International Bangladesh (TIB)

2014-08-15 00:00:00

Rajuk to be shifted to multi-storied ‘green’ building at Mohakhali

Kamrun Nahar | 2014-08-15 00:00:00

 The Rajdhani Unnayan Kartripakkha (Rajuk) will build the country's first-ever multi-storied 'green' building aimed at meeting office space scarcity of the city development authority and make it more accessible to people by moving from the present location. The proposed superior...

5 to walk gallows for murder in Gopalganj

2014-08-15 00:00:00

A court here on Thursday sentenced five people to death and acquitted six others in connection with the killing of a man in Moksedpur Upazila in Gopalganj district in 2006, reports UNB. Dhaka Speedy Trial Tribunal-3 Judge ABM Sazedur Rahman...

HC bench judge feels embarrassed

2014-08-15 00:00:00

The admissibility of a writ petition filed by an aggrieved dropout additional judge over his regularisation remained on tenterhooks as one of the judges of the High Court (HC) division bench felt embarrassed Thursday after hearing, reports UNB. After the...

DU starts admission process for honours courses

FE Report | 2014-08-15 00:00:00

The authorities of Dhaka University (DU) Thursday started admission process for the honours  courses for the academic session 2014-2015. Vice Chancellor of the university Prof AAMS Arefin Siddique formally launched the online admission process at 2:00pm on the day.   Arts...

Journalist Hasan Iqbal\\\'s 4th death anniv today

2014-08-15 00:00:00

The 4th death anniversary of Hasan lqbal, a language movement veteran and former assistant editor of The Daily Ittefaq will be observed today (Friday). On the occasion, a doa and milad mahfil will be held at Barobagh Jame Mosque at...

Pinak-6 owner lands in jail

2014-08-15 00:00:00

MUNSHIGANJ, Aug 14 (UNB): A court here on Thursday sent the owner of the sunken launch 'Pinak-6', AB Siddique Kalu, to jail. Munshiganj judicial magistrate Harun-ur-Rashid passed the order, when police produced Siddique Kalu before his court around 1pm. Officer-in-charge...

Newly recruited police officers urged to serve people with sincerity

2014-08-15 00:00:00

Inspector General of Police (IGP) Hasan Mahmud Khandker urged the newly recruited police officers to build them as members of a professional force through attaining proper training as well as acquiring knowledge to fulfil the expectation of people, reports UNB....

News in Brief

2014-08-15 00:00:00

US mission in Dhaka to remain closed Sunday The US Embassy in Dhaka, including its consular section, will remain closed Sunday in observance of Janmashtami, a national holiday of Bangladesh. The American Centre with the Archer K Blood American Center...

weather

2014-08-15 00:00:00

Moderate rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at most places over Rangpur, Rajshahi, Dhaka, Khulna, Barisal, Chittagong and Sylhet divisions today (Friday). Heavy to very heavy falls are also likely at places...