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Highest monthly remittance in-flow in July

2014-08-04 00:00:00

The country witnessed the ever highest monthly remittance in-flow in July. According to a Bangladesh Bank statement, the country received a total of $1.48 billion remittance in July registering a 15.19 per cent rise against the previous month. Previously, the...

Ships collide on Rhine in Swiss city; no injuries

2014-08-04 00:00:00

Swiss authorities say two passenger ships have collided with a cargo vessel that had gotten into difficulty on the Rhine river in the city of Basel. Basel's justice and security department said no one was injured or missing following the...

Cabinet okays broadcast policy

2014-08-04 00:00:00

The government has approved the draft of National Broadcast Policy 2014, prohibiting airing news which might tarnish the image of the armed forces or police or create communal discord. The policy also states talk shows cannot air facts which are...

HSBC bank says profits fall in first half

2014-08-04 00:00:00

Bank giant HSBC said on Monday that profits fell in the first half because one-off gains were not repeated and after a weaker showing at its investment arm. Net profit dropped to $9.746 billion (7.259 billion euros) in the six...

Rescuers race to find survivors after 400 die in China quake

2014-08-04 00:00:00

An intense rescue operation was under way in China Monday after an earthquake killed at least 381 people and injured thousands more, leaving scenes of devastation across a mountainous area. More than 12,000 houses collapsed and 30,000 were damaged in...

Nepal landslide raises fears of flooding in India

2014-08-04 00:00:00

Rescue workers in eastern India urgently evacuated tens of thousands of people on Monday after a deadly landslide in neighboring Nepal blocked a river that could burst its banks and submerge scores of Indian villages. Authorities in Nepal said there...

Saudi beheads Nepali maid for toddler murder

2014-08-04 00:00:00

Saudi authorities beheaded Monday a Nepali housemaid convicted of murdering a two-year-old boy by slitting his throat, the interior ministry said. The house maid was found guilty of ‘slaughtering with a knife’ the Saudi toddler Osama bin Maeed al-Enzi, the...

Oil price up in Asian trade

2014-08-04 00:00:00

Oil prices rose in Asia Monday, but analysts said gains were capped following weakened demand caused by refinery shutdowns and easing concerns about armed conflicts around the world. US benchmark West Texas Intermediate for September delivery was up 10 cents...

Libya inaugurates newly elected parliament

2014-08-04 00:00:00

Three-quarters of Libya's newly elected parliament held its first official meeting in the eastern city of Tobruk on Monday, even as militias continue to battle each other in this oil-rich, North African nation's largest cities. The 200-member parliament was elected...

German new car sales rise in July

2014-08-04 00:00:00

New car registrations in Germany, a key measure of demand in one of the most important sectors of Europe's top economy, rose strongly in July. A total of 270,249 new cars were registered last month, an increase of 6.8 per...

Remittance hits record high of $1.48b in July

2014-08-04 00:00:00

Remittance inflow has touched US $1.48 billion in July, setting a new monthly record. Bangladesh Bank’s General Manager (Forex Reserve wing) Quazi Saidur Rahman said that Bangladesh had never received this much remittance in a single month. ‘The new high...

Iraq PM orders air strikes to support Kurds

2014-08-04 00:00:00

Iraqi Prime Minister Nuri al-Maliki on Monday ordered the airforce to provide support to Kurdish peshmerga forces battling jihadists in the north of the country, army spokesman Qassem Atta said. ‘The commander in chief of the armed forces has issued...

Portugal rescues BES bank to avert crisis for eurozone

2014-08-04 00:00:00

Portugal is launching a near 5.0-billion-euro EU-backed rescue for banking giant Banco Espirito Santo to avert a wider crisis across the financial system. Faced with the risk that the bank might crash and put the eurozone country back in danger,...

Sensex up over 200 points, snaps two-day losing streak

2014-08-04 00:00:00

The Sensex surged more than 200 points and Nifty also ended higher on Monday after two days of losses as software services exporters such as Infosys (INFY.NS) rallied on a weaker rupee while lenders gained a day before the RBI's...

Russia tells Israel to agree to ceasefire

2014-08-04 00:00:00

Russia said Monday it had called on Israel to agree to a humanitarian ceasefire in Gaza, in a phone call between the foreign ministers of the two countries. Foreign Minister Sergei Lavrov also told his Israeli counterpart Avigdor Lieberman that...

GE happy with weak Synchrony IPO debut

2014-08-04 00:00:00

General Electric chief executive Jeffrey Immelt said Monday he was happy with the market launch of Synchrony Financial last week, despite its struggle to maintain its $23 IPO price. ‘Given the day, the market at the end of the week,...

Cabinet okays draft of National Broadcasting Policy

2014-08-04 00:00:00

The cabinet Monday approved the draft of "The National Broadcasting Policy, 2014" to ensure freedom of speech, free flow of information and social responsibility of the mass media as well as to flourish independent and responsible mass media, according to...

Construction vehicle overturns Jerusalem bus in suspected attack, 2 dead

2014-08-04 00:00:00

A construction vehicle hit and killed a pedestrian and overturned a bus on a main street in Jerusalem on Monday in what police suspect was a Palestinian attack, which ended when policemen shot dead the driver of the yellow excavator....

Death toll rises to 75 in China explosion

2014-08-04 00:00:00

A car parts plant in China where 75 workers were killed in an explosion committed multiple violations of regulations, the country's work safety chief says. State Administration of Work Safety head Yang Dongliang said the Taiwanese-invested Zhongrong Metal Products Co...

Yunus addresses biggest music festival in Europe

2014-08-04 00:00:00

Nobel laureate Prof Muhammad Yunus addressed a massive audience of European youths at the Woodstock Festival of Poland, the biggest open-air music festival in Europe. The festival held from July 31 to August 2 drew over half a million young...

Monsoon rains flood farms in northern Philippines

2014-08-04 00:00:00

A strong typhoon that has worsened seasonal monsoon rains in the Philippines will linger offshore until Thursday, raising fears of more flooding. Forecasters said, however, that Typhoon Halong was too far off at sea to hit the country directly. The...

Injured Krishak League leader dies

2014-08-04 00:00:00

A local Krishak League leader, who was injured in an attack by his rivals three days ago, died in Mymensingh Medical College Hospital on Monday. Khairul Islam, president of Teligati unit Krishak League, was hacked with local weapons by a...

Blacklisted Putin ally says stands strong by Ukraine policy

2014-08-04 00:00:00

Russian billionaire Gennady Timchenko, who has been hit with US sanctions, said Monday he and other businessmen will not be cowed by pressure from Washington into asking Vladimir Putin to change his stance over Ukraine. In a rare wide-ranging interview...

Implementation of WHO programmes in BD lauded

2014-08-04 00:00:00

Newly-appointed World Health Organisation (WHO) Representative in Bangladesh Dr Navaratnasamy Paranietharan on Monday appreciated Bangladesh government’s “strong leadership” in implementing WHO programmes. The WHO’s support in Bangladesh’s health sector would continue in future the way it has been supporting Bangladesh...

PM for all out efforts to rescue Pinak-6

2014-08-04 00:00:00

Prime Minister Sheikh Hasina has asked all concerned to exert all out efforts to rescue the passenger vessel Pinak-6. The vessel capsized at Lauhajong channel of the Padma Monday  morning with about 250 passengers on its way from Kewrakandi of...

Bangladeshi UN peacekeepers out of Ebola virus

2014-08-04 00:00:00

All UN pacekeepers including Bangladeshi peacekeepers are out of Ebola vrus infection since its outbreak in west and mid-west Africa last year. UN has been undertaking proactive preventive measures at all levels. Ebola does not spread merely by proximity. An...

65th birth anniversary of Sheikh Kamal Tuesday

2014-08-04 00:00:00

The 65th birth anniversary of Sheikh Kamal, the eldest son of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, will be observed Tuesday. To mark the day, Awami League and its front organisations have drawn up elaborate programme to celebrate...

Bangladeshi UN peacekeepers out of Ebola virus

2014-08-04 00:00:00

All UN pacekeepers including Bangladeshi peacekeepers are out of Ebola vrus infection since its outbreak in west and mid-west Africa last year. UN has been undertaking proactive preventive measures at all levels. Ebola does not spread merely by proximity. An...

Nepalese energy minister due Tuesday

2014-08-04 00:00:00

Nepalese energy minister Radha Kumari Gyawali arrives in Dhaka on Tuesday to discuss ways for enhancing cooperation in the field of energy for mutual benefits of Bangladesh and Nepal. During her 4-day stay in Dhaka, the Nepalese minister will hold...

Bangladeshi UN peacekeepers out of Ebola virus

2014-08-04 00:00:00

All UN pacekeepers including Bangladeshi peacekeepers are out of Ebola vrus infection since its outbreak in west and mid-west Africa last year. UN has been undertaking proactive preventive measures at all levels. Ebola does not spread merely by proximity. An...