Oil prices have dropped with the European benchmark contract slipping below $US100 ($A108.20) a barrel on concerns about fragile demand, heavy supply and a strengthening US dollar. US benchmark West Texas Intermediate for October delivery fell 63 cents to $US92.66...
A robust dollar swept to a 14-month high on Tuesday as investors tweaked bets on an early hike in US interest rates, burdening oil, gold and stocks in the energy majors. As the dollar broke to a six-year peak on...
FE Online Report | 2014-09-09 00:00:00
Stocks returned to the green on Tuesday after two sessions’ correction with turnover rose slightly as investors took position on large-cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,647.43 points, gaining 38.47 points or...
Gold prices slid Monday, as a stronger US dollar led investors to sell the precious metal. Gold for December delivery, the most actively traded contract, fell $13, or one per cent, to $1,254.30 a troy ounce on the Comex division...
Telenor Group today announced its internet-user projections in its six Asian markets for the rest of the year. Telenor expects to increase its mobile internet subscriber base in Asia to 45 million users by year’s end, an increase of approximately...
Four Bangladesh Hajj pilgrims, including a woman, have died in Saudi Arabia since September 1, the Ministry of Religious Affairs said in Dhaka on Tuesday. This year, the first batch of Hajj pilgrims left Dhaka for Jeddah of Saudi Arabia...
Amidst a weak trend in the global market and subdued spot demand copper prices fell 0.56 per cent to Rs 427.15 per kg in futures trade today. At the Multi Commodity Exchange, copper for delivery in far-month November shed Rs...
The government on Tuesday signed a Memorandum of Understanding (MoU) with the Maldives, aiming to enhance cooperation between the two countries in the areas of healthcare, medical science and medicine. State minister for health and family welfare Zahid Malik and...
Explosive growth in Chinese consumer spending over the next decade will allow China to overtake the US as the world’s largest economy by 2024, according to a new report. While some may consider that a black eye for the US,...
India will soon revise the way it measures gross domestic product to reflect under-represented and informal economic sectors, two government sources said, in an initiative that is expected to show the economy is larger than previously thought. India usually revises...
Prime Minister Sheikh Hasina has expressed her government’s firm commitment to universal healthcare services and dynamic participation of Bangladesh in all WHO initiatives and programmes. She hoped that World Health Organisation (WHO) would be turned into an effective and powerful...
Portland is losing ground at an ‘alarming’ rate, according to a new study examining nearly 30 indicators of where the city’s economy is headed. Portland’s Economic Scorecard 2014-2015, to be released Tuesday by the Portland Community Chamber, shows that the...
The Australian bond market is weaker as speculation mounts that the US Federal Reserve might increase its interest rate sooner than expected. St George senior economist Janu Chan said Australian bond futures prices followed US Treasures higher after a report...
Visiting Director General of World Health Organisation (WHO) Dr Margaret Chan has urged Bangladesh to remain careful about Ebola virus. Highly praising Bangladesh for its achievements in the health sector, Dr Chan said other countries in South-East Asia can follow...
Euro-area government bonds fell for a second day as investor demand waned before sovereign-bond auctions and amid a lack of information on the scope of the European Central Bank’s asset-purchase plan. Yields climbed as sovereigns from Austria to Italy take...
Colombia’s inflation rate rose more than predicted in August, ending a period of 22 months below targeted inflation range. According to Colombia’s Central Bank, overall consumer prices have increased more than 3% compared to August 2013. Prices were up 0.2%...
South Africa's quarterly business confidence index increased by five index points to 46 in the third quarter of the year, indicating some satisfaction about business conditions in Africa's largest economy. The Rand Merchant Bank (RMB) survey, conducted by the Bureau...
The Portuguese economy grew on a quarterly basis for the second quarter, due to a growth in exports. Portugal's gross domestic product (GDP) grew 0.3 per cent in the second quarter from the first quarter, the National Institute of Statistics...
Spanish house prices posted its first annualized increase in six years, in the latest signal of the country’s continued economic recovery. In the second quarter of 2014, prices climbed 0.8 per cent from a year-ago period, according to data from...
The world faces a global job crisis if the current employment growth trajectory continues, according to a joint report from the World Bank, the International Labour Organisation and the Organisation for Economic Co-operation and Development. The organisations said there will...
Cameroon's state media says the military has killed 100 Islamic militants who traveled from Nigeria to attack a town just across the border. Citing a statement from the Communication Ministry, Cameroon Radio and Television said Tuesday that during the battle...
As Afghanistan eagerly waits result of the presidential polls, external affairs minister Sushma Swaraj will visit the strategically important ally on Wednesday to further enhance ties and review key projects being implemented by India in the trouble-torn country. In her...
The death toll from floods in Pakistan and India reached 400 on Tuesday as armies in both countries scrambled to help the victims and authorities in Islamabad warned hundreds of thousands to be prepared to flee more flooding in the...
United Airways (BD) Limited, the country’s leading private airline, will start Dhaka-Karachi-Dhaka flight from September 27. The one way special fare for Dhaka-Karachi is starting from Tk 22,882 and return is Tk 39,888 (inclusive of all taxes and surcharges). Weekly,...
The Islamic University (IU) authorities removed proctor Mahabubur Rahman from his post on Tuesday amid movement by a section of students demanding his removal. The decision was taken at an academic council meeting of the university. Meanwhile, Lokman Hakim, a...
A committee of lawyers, including some pro-government ones, has been formed with Dr Kamal Hossain as its head to protest against the government's move to restore Parliament's power to remove judges through constitutional amendment, according to a news agency. The...
Biman Bangladesh Airlines will offer discount sale on tickets to seven destinations from Dhaka on the occasion of the 3rd Asian Tourism Fair to be held at Bangabandhu International Conference Center on September 11-13. Tickets will be sold at 15...
Nazrul Sangeet maestro Firoza Begum passed away at a city hospital on Tuesday night. She was 82. She breathed her last at Apollo Hospitals around 8:30pm, said duty officer at the hospital, according to a news agency.
Nazrul Sangeet maestro Firoza Begum passed away at a city hospital Tuesday night. She was 82, according to a news agency. She breathed her last at Apollo Hospitals around 8:30pm, said duty officer at the hospital. Firoza Begum, Independence Day...
The government’s effort to introduce a new constitutional amendment is intended to keep judges 'in fear', alleges the BNP. "Parliament is being given the power to impeach Supreme Court judges in a bid to control the court’s activities by keeping...
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