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Sydney shares slip

2014-08-07 00:00:00

Prices of most of the shares in Australia’s capital markets plunged on Thursday. Sydney stocks were down 0.30 per cent when the session came to a close, according to AFP.

Kandari-2 starts \\\'search\\\' in Padma

2014-08-07 00:00:00

Tugboat ‘Kandari-2’ has arrived at Mawa with powerful search equipment to locate the launch that sank last Monday with around 350 people on board. So far, 110 passengers of Pinak-6 have been rescued and bodies of 21 recovered but the...

Bangladeshi shot by BSF

2014-08-07 00:00:00

A Bangladeshi man was shot by Indian Border Security Force (BSF) personnel at Satkhira Sadar Upazila on Thursday morning. The victim was identified as Nazmul Islam, 35, son of late Nurul Islam of Mahmudpur village of the upazila. Nur Islam,...

Tokyo shares shrink by 0.21%

2014-08-07 00:00:00

Tokyo shares were down 0.21 per cent on Thursday morning, extending a five-day losing streak with SoftBank shares slipping again after reports the mobile carrier’s US unit Sprint has abandoned plans to buy T-Mobile. The Nikkei 225 index lost 31.74...

China stocks flat

2014-08-07 00:00:00

Chinese stocks were flat in morning trade on Thursday as the Shanghai market consolidated after recent rises, dealers said. The benchmark Shanghai Composite Index edged down 0.05 per cent, or 1.02 points, to 2,216.45. The Shenzhen Composite Index, which tracks...

HK shares fall

2014-08-07 00:00:00

Hong Kong stocks ended the morning 0.51 per cent down on Thursday, as concerns over the European economy and international conflicts grew. The benchmark Hang Seng Index fell 126.07 points to 24,458.06 at the break. Analysts attributed Hong Kong’s stock...

Seoul slides

2014-08-07 00:00:00

The prices of most of the shares in South Korea’s stock markets slid on Thursday, the fifth trading day of the week. Seoul stocks were 0.10 per cent lower at the close of trade today, according to AFP.

BD-Myanmar FOC in Dhaka Aug 31

2014-08-07 00:00:00

Bangladesh-Myanmar Foreign Office Consultation (FOC) will be held in Dhaka on August 31 with a focus on a number of issues, including Rohingyas, security, connectivity and building trust between the two countries. A delegation, led by Deputy Foreign Minister of...

DSE, CSE up at opening

FE Online Report | 2014-08-07 00:00:00

The prices of most of the shares on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed upward trend in the first few minutes of the session Thursday, the last trading day of the week. DSEX, the...

Man killed in Dhaka \\\'shootout\\\'

2014-08-07 00:00:00

A man has died in the capital’s Hatirjheel area on Thursday morning during a ‘shootout’ between his associates and police. Detective Branch (DB) of police’s Deputy Commissioner (East) Jahangir Hossain Matubbar said that a pistol, three rounds of ammunition and...

23 bodies of capsized launch recovered so far

2014-08-07 00:00:00

The death toll in launch capsize in Padma River at Lauhajang Upazila in Munshiganj rose to 23 with recovery of one more corpse on Thursday morning. Divers found the body of a woman around 8:30am today near Mawa Turning Point...

Khmer Rouge duo gets life

2014-08-07 00:00:00

A UN-backed tribunal in Cambodia sentenced the top two surviving cadres of Khmer Rouge regime to life in jail on Thursday after finding them guilty of crimes against humanity for their part in the 1970s ‘killing fields’ revolution. ‘Brother Number...

Israel, Hamas at odds over truce extension

2014-08-07 00:00:00

Israel and Hamas appeared at odds on Thursday over prolonging the 72-hour humanitarian ceasefire in Gaza, with Tel Aviv indicating it will back an unconditional extension but Islamists Hamas denying any agreement. Guns have stayed silent in Gaza Strip since...

India approves foreign investment hike in railways, defence

2014-08-07 00:00:00

India's cabinet has approved plans to open its defence and railways industries to foreign investment as new Prime Minister Narendra Modi's right-wing administration moves to reform and revive the ailing economy. Cabinet agreed late Wednesday to increase the limit on...

Police evict protesting Tuba workers

2014-08-07 00:00:00

Police have evicted Tuba Group workers from the factory where they have been on a hunger-strike for the last ten days. Police have also detained labour activists, including Garments Sramik Oikya Forum President Moshrefa Mishu and Bangladesh Trade Union Centre's...

Asian markets mostly dip, as European woes grow

2014-08-07 00:00:00

Asian stocks mostly dipped Wednesday, as concerns over the European economy and international conflicts grew. Traders said sentiment had also been hit by news that several huge mergers had collapsed, including 21st Century Fox's bid for Time Warner and that...

Oil prices down in Asian trade

2014-08-07 00:00:00

Oil prices fell further in Asia Thursday on ebbing fears about armed conflicts around the world and concerns about weakening US demand, analysts said. US benchmark West Texas Intermediate for September delivery dipped 24 cents to $96.68 in late-afternoon trade,...

Liberia president declares state of emergency

2014-08-07 00:00:00

Libria declared a state of emergency due to the deadly Ebola outbreak as US President Barack Obama said it was premature to send experimental drugs to victims in Africa. Declaring the state of emergency overnight President Ellen Johnson Sirleaf warned...

Typhoon Halong heads for Japan

2014-08-07 00:00:00

Typhoon Halong advanced toward southern Japan on Thursday, packing heavy rains as officials warned the storm would bring strong winds and high waves to the region. The storm was moving toward the Okinawa island chain with gusts of to 198...

China court upholds mining tycoon\\\'s death sentence

2014-08-07 00:00:00

A Chinese court on Thursday upheld the death sentence handed down to a mining billionaire said to have links with disgraced former security tsar Zhou Yongkang. Liu Han, his brother Liu Wei and three accomplices appealed to the high court...

Final arguments begin in Pistorius murder trial

2014-08-07 00:00:00

South African Olympian Oscar Pistorius returned to the dock on Thursday to hear concluding arguments in his murder trial, with the star sprinter facing life in prison if found guilty. Prosecution lawyer Gerrie Nel opened proceedings, setting out the state's...

NATO chief flies to Ukraine amid Russian troop buildup fears

2014-08-07 00:00:00

NATO chief Anders Fogh Rasmussen will visit Ukraine Thursday, amid growing fears of a major Russian incursion as the Alliance warns of a troop buildup at the border. On the sanctions front, Russia retaliated Wednesday for recent US and EU...

Euro edges up in Asia ahead of central bank meetings

2014-08-07 00:00:00

The euro edged up in Asia on Thursday ahead of a slate of central bank meetings as investors focus on whether European policymakers will hint at further monetary easing. In Tokyo afternoon trading, the European single currency bought $1.3385 and...

Stocks end flat amid choppy trading

FE Online Report | 2014-08-07 00:00:00

Stocks ended flat in the green Thursday amid choppy trading as mid-session sale pressure wiped out early gains. The market started with an upbeat note, but could not sustain amid mid-session sale pressure. DSEX, the prime index of the Dhaka...

Australia holds national day of mourning for MH17 victims

2014-08-07 00:00:00

Flags flew at half mast Thursday as Australia held a national day of mourning for those killed in the MH17 crash in Ukraine, a day after experts suspended the search for body parts. Australia lost 38 citizens and residents, including...

Israeli minister urges EU \\\'inspectors\\\' for Gaza borders

2014-08-07 00:00:00

Israeli Foreign Minister Avigdor Lieberman has called for EU ‘inspectors’ to monitor Gaza's borders amid efforts to extend a ceasefire, in a German newspaper interview published Thursday. ‘Not police or soldiers. But Germany and the EU must dispatch inspectors to...

Indefinite strike in RMG factories after police evict Tuba protestors

2014-08-07 00:00:00

Protesting workers of Tuba Group have called for an indefinite strike across garment factories in Bangladesh after police evicted them from the factory where they have been on a hunger-strike on Thursday. Tuba Group Sramik Sangram (workers' action) Committee also...

N. Korea pushing fissile material output: US think-tank

2014-08-07 00:00:00

Recent satellite images of North Korea’s main nuclear complex suggest continued activity focused on the production of both weapons-grade plutonium and uranium, a US think-tank said Thursday. The June 30 images of the Yongbyon complex show water being discharged from...

UN invites PM for special speech

2014-08-07 00:00:00

Prime Minister Sheikh Hasina has been invited to address the United Nations General Assembly next month for Bangladesh’s ‘best performance’ in the health sector. Health Secretary MN Neazuddin addressing 6,151 new doctors on Thursday said the UN has invited Hasina...

Gaza ceasefire holding on second day, talks under way

2014-08-07 00:00:00

A 72-hour Gaza truce held through its second day on Wednesday and Israel said it was ready to extend the deal as Egyptian mediators pursued talks with Israelis and Palestinians on an enduring end to a war that devastated the...