HONG KONG Aug 2 (Reuters) : The Monetary Authority of Singapore (MAS) has sought information from some Singapore-based lenders about their Chinese clients and loan exposure to China amid an investigation into a suspected commodity financing fraud at China's Qingdao...
LONDON, Aug 2 (AFP) : Commodities mostly sank this week, with many hit by sliding equities, demand concerns, ample supplies, geopolitical worries in the Middle East and Ukraine and Argentina's default, dealers said. Star performers coffee and cocoa, however, forged...
CHICAGO, Aug 2 (Xinhua) : Chicago agricultural commodities closed mixed yesterday with corn and soybeans falling amid rising wheat. The most active corn contract for December delivery fell 4.75 cents, or 1.29 per cent, to close at 3.6225 US dollars...
NEW YORK, Aug 2 (Reuters): Trustees involved in JPMorgan Chase & Co's proposed $4.5 billion settlement with investors in money-losing mortgage bonds accepted the bank's offer on Friday for the vast majority of the trusts holding the securities. The trustees...
NEW YORK, Aug 2 (Reuters) : Apple Inc on Friday won preliminary court approval for its $450 million settlement of claims it harmed consumers by conspiring with five publishers to raise e-book prices. In approving the accord, US District Judge...
TURIN, Italy, Aug 2 (AFP) : Fiat shareholders on Friday approved the reorganisation of the Italian carmaker's business that will see its headquarters move to the Netherlands before it launches on Wall Street later this year. The changes will also...
GAZA CITY, Aug 2 (AFP): A fresh wave of violence killed dozens in Gaza after the collapse of a UN and US backed ceasefire, officials said Saturday, as Hamas denied it kidnapped an Israeli soldier. A Palestinian delegation was due...
KATHMANDU, Aug 2 (AFP): A massive landslide in northeastern Nepal left at least eight people dead and dozens missing Saturday, burying a hydropower plant and putting several villages at risk of flash floods due to debris blocking a major river,...
WASHINGTON, Aug 2 (AP): President Barack Obama pressed Russian President Vladimir Putin Friday for a diplomatic path out of Ukraine's struggle with Moscow-backed pro-Russian separatists. Putin countered by calling US and European economic sanctions against Russia counterproductive. Obama later conceded...
KAOHSIUNG, Aug 2 (AFP): Residents of a Taiwanese neighbourhood rocked by deadly gas explosions Saturday accused authorities of not acting quickly enough and called for the relocation of industrial pipelines running underneath the island's densely populated second city. The blasts...
NEW DELHI, Aug 2 (AFP): Rescuers continued digging Saturday despite 'very slim chances' of finding any more people alive in the mud and debris from a major landslide in western India, where 73 have been killed. Seventy-three bodies and eight...
Syria troops kill at least 50 jihadists near Lebanon BEIRUT, Aug 2: Syrian troops backed by Hezbollah fighters have killed at least 50 jihadists from the Islamic State and Al-Nusra Front groups near the border with Lebanon, a monitor said...
Shamsul Huda | 2014-08-03 00:00:00
Many small pharmaceutical companies are allegedly involved in manufacturing drugs by using the labels of leading brands, wholesalers at the Mitford market, have said. Abdul Hai, Vice President of Bangladesh Chemist and Druggist Association (BCDA), said while counterfeiters produce antibiotics...
Talha Bin Habib | 2014-08-03 00:00:00
Most of the shopping malls in the capital continue to remain closed after three days of Eid-ul- Fitr holidays that ended Wednesday. On the other hand, business transactions in the shopping malls that opened on Saturday registered a poor volume...
FE Report | 2014-08-03 00:00:00
Four members of the National Board of Revenue (NBR) have been promoted with the status of 'Secretary' after the government recently upgraded them to grade-I category. The members are: Jahanara Siddiqui and Md Farid Uddin from customs wing and Syed...
RIO DE JANEIRO, Aug 1 (Xinhua): Brazil's industrial output fell 6.9 per cent in June compared to the same month last year, mostly due to a contraction of the automobile industry, reported a statistical agency on Friday. The figure marks...
DUBLIN, Aug 1 (Xinhua): The Central Bank of Ireland on Friday issued a warning about an unauthorised retail credit firm offering credit facilities to Irish consumers. In a statement, the Irish central bank said that Day-Long Loans and Financial Investment...
UCB MD wins 'CEO of the Year' award Muhammed Ali, Managing Director of United Commercial Bank Limited (UCB) has been awarded as 'CEO of the Year' at the Global Brand Excellence Awards hosted by World Brand Congress held recently in...
JESSORE, Aug 2 (BSS): Farmers and officials of the Department of Agriculture Extension (DAE) are expecting bumper production of summer vegetables in south-western region under Khulna division in the current season. Department of Agriculture Extension (DAE) sources said, farmers of...
RANGPUR, Aug 2 (BSS) : Normal import and export activities resumed from Saturday through the Hili Land Port (HLP) in Dinajpur after the six-day vacation on the occasion of Eid-ul-Fitr, official sources said. According to the sources in Customs, importers,...
BRASILIA, Aug 2 (Reuters) : Japan's Prime Minister Shinzo Abe touted the success of his economic policies on a visit to Brazil on Friday and said it was time for the two nations to expand their trade and investment partnership....
OMAHA, Nebraska, Aug 2 (Reuters) : Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 per cent to a record high, reflecting substantial investment gains and improved results in manufacturing, service and retail businesses. "It's clear that...
MADRID, Aug 2 (AFP) : The Spanish economy is recovering "better than expected" and is now among Europe's best performers although it still faces "numerous" problems, Prime Minister Mariano Rajoy said Friday. "Things are going better than we expected. We...
LONDON, Aug 2 (Xinhua): Eurozone manufacturing purchasing managers' index (PMI) held steady at June's seven-month low of 51. 8, as ongoing expansion was partly offset by a deeper downturn by French manufacturers, Markit reported Friday. The index is lower than...
Six new government medical colleges will start academic activities from the next academic year, said an official release Sunday. Classes will begin in those medical colleges on January 10, the home coming day of Father of the nation Bangabandhu Sheikh...
BEIJING, Aug 2 (Reuters) : Microsoft Corp sued Samsung Electronics Co Ltd on Friday, claiming the South Korean smartphone maker refused to make a royalty payment last fall on patent licenses after Microsoft announced its intention to acquire Nokia's handset...
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