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Tokyo shares up 0.60% by break

2014-08-14 00:00:00

Tokyo stocks rose 0.60 per cent on Thursday morning, helped by a weaker yen and gains on Wall Street. The Nikkei 225 index added 90.99 points to 15,304.62 by the break while the Topix index of all first-section issues was...

HK shares flat

2014-08-14 00:00:00

Hong Kong shares opened flat on Thursday despite a positive lead from US and European markets. The benchmark Hang Seng Index added 14.84 points to 24,875.5 points in the first few minutes of trade, according to AFP.

China shares shrink

2014-08-14 00:00:00

Chinese shares were down slightly in morning trade on Thursday after the release of weak economic statistics the previous day, dealers said. The benchmark Shanghai Composite Index slipped 0.12 per cent, or 2.57 points, to 2,220.31. The Shenzhen Composite Index,...

US stocks stocky despite weak retail sales

2014-08-14 00:00:00

US on Wednesday finished solidly higher despite a lacklustre US retail sales report and some disappointing earnings reports. The Dow Jones Industrial Average rose 91.26 points (0.55 per cent) to 16,651.80. The broad-based S&P 500 gained 12.97 (0.67 per cent)...

European stocks bounce back

2014-08-14 00:00:00

European stock markets clawed back some ground on Wednesday despite weak eurozone data as the Bank of England hinted that a widely anticipated rate rise might be put on hold. London’s benchmark FTSE 100 index gained 0.37 per cent to...

Two lynched in C\\\'nawabganj

2014-08-14 00:00:00

Two people were killed in a mob beating in Dhainagar area of Shibganj Upazila in Chapainawabganj district on Wednesday night. The identities of the dead could not be known. Shibganj Police Station officer-in-charge Ashiqur Rahman and witnesses said a group...

War crimes accused Akram gets grilled at safe home

2014-08-14 00:00:00

Detained war crimes accused Khan Akram Hossain of Bagerhat was interrogated by the investigation agency (IA) at a ‘safe home’ in the city after taking him into custody for ‘effective’ quizzing. According to the IA under the International Crimes Tribunals...

Driver killed as 2 buses collide in Jessore

2014-08-14 00:00:00

A bus driver was killed and two other people were injured when two buses collided at Singhajhuli Khan Bari at Chowgachha Upazila in Jessore district on Wednesday night. The dead is Tajibar Rahman Taju, 45, the driver of one of...

\\\'Matarbari to be most modern power plant in region\\\'

2014-08-14 00:00:00

Prime Minister’s Energy Advisor Dr Tawfiq-E-Elahi Chowdhury has said the Matarbari 1,200 megawatt (MW) coal-fired plant will be the most modern and efficient power plant in the region. Japan has come forward as a single country to help Bangladesh set...

1,000 Yaba recovered in city: 1 held

2014-08-14 00:00:00

Police recovered 1,000 pieces of Yaba tablet at Kamalapur Rail Station in the city on Thursday. The law enforcers also arrested a man – Selim Mia alias Shahin, 38, – for possessing the contraband tablet. Sub-inspector Arifin of the Government...

Chokoria road crash death toll rises to four

2014-08-14 00:00:00

The death toll from bus-microbus collision in Chokoria Upazila in Cox’s Bazar district rose to four as another injured person died at Chittagong Medical College Hospital (CMCH) early Thursday. At least 10 other people were injured in the accident that...

13 live bombs recovered

2014-08-14 00:00:00

Rapid Action Battalion (RAB) personnel recovered 13 live bombs in Udayan More area in Chapainawabganj town on Wednesday night. Major Kamruzzaman Pavel, commanding officer of Chapainawabganj RAB-5, said being tipped off, a RAB-5 team raided Udayan Cinema, an abandoned cinema...

BD still far from int’l standard in qualitative edn: Nahid

2014-08-14 00:00:00

Despite tremendous success in HSC results this year, Education Minister Nurul Islam Nahid on Thursday said Bangladesh is still far away from attaining international standards in terms of qualitative education. ‘Certainly, there has been improvement in the standard of qualitative...

Muhith for diversification of FDI in BD

2014-08-14 00:00:00

Finance Minister AMA Muhith on Thursday stressed diversification of foreign direct investment (FDI) in Bangladesh, saying that foreign investment in the country now only concentrates on two sectors – power and communication. ‘In Bangladesh, this is a feature that our...

New Gaza truce holding after shaky start

2014-08-14 00:00:00

Israel and Gaza militants were holding their fire Thursday morning after a new truce got off to a shaky start, with night-time Palestinian rocket fire followed by Israeli air strikes. The Israeli army said that there had been no fighting...

Ukraine sending own aid convoys to war-torn east

2014-08-14 00:00:00

Ukraine said it was sending on Thursday its own aid convoys to the war-torn east of the country, as wrangling continued over a mammoth column of Russian trucks rumbling towards the border. ‘Columns of trucks carrying assistance’ will leave the...

35 Bangladeshis back after 3 yrs\\\' jail in India

2014-08-14 00:00:00

At least 34 Bangladeshis have returned home from India after serving three years’ jail term for illegal stay in that country after intrusion. Indian Immigration police handed over 34 women and a child to Benapole Check Post’s immigration police around...

Pope in S. Korea on first Asia visit for 15 years

2014-08-14 00:00:00

Pope Francis on Thursday kicked off a five-day visit to South Korea fuelled by the Vatican's desire to expand the Church in Asia despite challenges posed by governments like atheist China. Regional tensions were underlined just minutes before the pontiff...

Asian shares tick higher despite soft data

2014-08-14 00:00:00

Asian markets were mostly higher Thursday, tracking positive cues from Wall Street as traders shrugged off a slew of soft data including a weaker-than-expected report on retail sales in the world's largest economy. Tokyo and Sydney rose 0.60 percent, while...

Sinopec subsidiary wins Malaysia refinery contract

2014-08-13 00:00:00

BEIJING, Aug 12 (Xinhua): Sinopec Engineering Group, a subsidiary of China's biggest refiner Sinopec, has been awarded a refinery contract worth US$1.33 billion by Malaysian oil firm Petronas, Sinopec announced on Tuesday. It said in a statement that it has...

Int\\\'l lenders warn Cyprus of risk to miss aid money

2014-08-13 00:00:00

NICOSIA, Aug 12 (Xinhua): International lenders warned Cyprus on Monday of risking its next tranche of assistance money if opposition parties prevent passage of a bill regulating repossession of mortgaged properties by the banks. Cyprus was bailed out by the...

China hikes non-residential natural gas prices

2014-08-13 00:00:00

BEIJING, Aug 12 (Xinhua): China will increase the wholesale price of natural gas for non-residential use by 20.5 per cent from Sept. 1 to "guide the reasonable allocation" of resources, the top economic planner announced on Tuesday. The price adjustment...

Philippine exports up 21.3pc in June

2014-08-13 00:00:00

MANILA, Aug 12 (Xinhua): Philippine export earnings expanded by 21.3 per cent on year to US$5.44 billion in June on the back of higher shipments of electronic products, the local statistics agency said Tuesday. The Philippine Statistics Authority (PSA) said...

exchange rate

2014-08-13 00:00:00

Photo: Prime Minister Sheikh Hasina presiding over the ECNEC meeting

2014-08-13 00:00:00

Photo: SYDNEY, New South Wales, Australia: A woman walking in front of an ANZ Bank sign

2014-08-13 00:00:00

Dhaka, Beijing agree to expand mutual activities in socio-economic fields

2014-08-13 00:00:00

Bangladesh and China have agreed to expand mutual engagements in various economic and social fields for further improvement of the existing relations, reports UNB. Foreign Minister AH Mahmood Ali and his Chinese counterpart Wang Yi reached the agreement at a...

Ukraine hits German investor confidence

2014-08-13 00:00:00

FRANKFURT, Aug 12 (AFP) :  Investment sentiment in Germany fell to the lowest level for nearly two years in August amid concern about the economic fallout from crises such as the tension over Russia-Ukraine, data showed on Tuesday. The widely...

India\\\'s newest airline eyes October launch

2014-08-13 00:00:00

NEW DELHI, Aug 12 (AFP) :  India's newest airline announced Monday flights could begin as early as October, saying it was "bullish" about the future even as a rival carrier reported a big loss. The new airline, to be called...

Google and Asian firms laying US-Japan underwater cable

2014-08-13 00:00:00

TOKYO, Aug 12 (AFP) :  Google is partnering with five Asian telecom firms to build a $300 million underwater cable across the Pacific Ocean in a bid to meet surging Internet use. The project, named FASTER, would see the 9,000-kilometre...