NEW YORK, Aug 1 (AFP): US stocks Thursday plummeted about two per cent in a broad sell-off attributed to a range of factors, including weak eurozone data, the Argentine debt default and disappointing US corporate earnings. The Dow Jones Industrial...
PARIS, Aug 01 (AFP): Stock in the leading world cosmetics group L'Oreal slipped in morning trading on the French stock market on Friday despite a 1.5-per cent rise in net profit in the first half of the year. Shares in...
PARIS, Aug 1 (Reuters): European stocks fell on Friday for the third straight session in brisk trade, with a broad index hitting a 3-1/2 month low as tension between Russia and the West as well as concerns around losses at...
HONG KONG, Aug 1 (Reuters): Hong Kong's securities watchdog has warned banks it will clamp down on exchange trading platforms known as dark pools in a direct fallout from a contentious lawsuit against Barclays Plc in the United States, people...
BUENOS AIRES, Aug 1 (Reuters): Argentina's bond and stock markets and peso currency dropped on Thursday after Latin America's No. 3 economy defaulted for the second time in 12 years following the collapse of last-ditch talks with holdout creditors. The...
PARIS, Aug 01 (AFP): Shares in French telecom company Iliad plunged by nearly 13.0 per cent in early trading on Friday, pulling down the entire telecom sector after the company bid for US firm T-Mobile. The price of shares in...
PARIS, Aug 01 (AFP): Shares in French nuclear power group Areva fell heavily on Friday after the group reported a first-half loss and lowered its outlook. Areva shares were showing a fall of 12.21 per cent to 13.66 euros in...
Ziaur Rahman | 2014-08-02 00:00:00
Country's exports to the Indian market dropped substantially in the just-concluded fiscal even though Delhi allowed duty-free access of products from the next-door neighbour to make up for a perennial trade imbalance it suffers. In the fiscal year (FY) 2013-14,...
FE Report After a hike during the month of Ramadan, prices of vegetables and meat began to decrease as rice price remained stable on Friday, traders said. Cucumber, tomato, green chili, brinjal and red meat prices shot up during the...
Badrul Ahsan Islami Bank Bangladesh Limited (IBBL) has disbursed the highest amount of money as soft loan among the private and foreign commercial banks in the just-concluded fiscal year (FY), 2013-14. According to data available at Bangladesh Bank (BB), IBBL...
PASADENA, California, Aug 1 (Reuters) : Procter & Gamble Co, the world's largest household products maker, reported a 37 per cent rise in quarterly profit, helped by lower operating costs. Net profit attributable to the company rose to $2.58 billion,...
Mumbai, Aug 1 (PTI): The rupee lost 22 paise to over three-month low of 60.77 against the US dollar in early trade Friday at the Interbank Foreign Exchange market on increased capital outflows amidst demand for the American currency from...
BEIJING, Aug 1 (AFP) : China's decline in property prices accelerated in July, an independent survey showed, adding to concerns over the sector, a key component of the world's second-largest economy. The average price of a new home in 100...
NEW DELHI, Aug 1: Indian factory output surged to a 17-month peak in July, according to a key business survey Friday, fuelling recovery hopes in Asia's third-largest economy. But the HSBC Purchasing Managers' Index (PMI), keenly watched as a harbinger...
LONDON, Aug 1: Part-nationalised British lender Royal Bank of Scotland (RBS.L) said on Friday it had placed restrictions on its lending in Russia following developments in Ukraine. The European Union cut off financing for five major Russian banks on Thursday...
RANGPUR, Aug 1 (BSS) : Expanding tea cultivation has been enhancing economy of the sub-Himalayan Panchagarh district bringing solvency to the local people and changing their life and living ushering in a new hope for their future generations. Over the...
RANGPUR, Aug 1 (BSS) : Harvest of the eco-friendly, off-season and short duration indigenous parija rice continues in full swing everywhere in Rangpur division as an additional Aus crop increasing rice output to attain food security. Cultivation of parija rice...
TOKYO, Aug 1 (AFP) : The dollar inched up against other major currencies in Asia on Friday as market players expected upcoming US jobs data would be solid. The dollar was at 102.93 yen in Tokyo afternoon trade, compared with...
Washington, Aug 1 (PTI): The US has blamed India for the collapse of the talks for a Trade Facilitation Agreement (TFA) and said that New Delhi taking a hardline position has put the future of World Trade Organisation in "uncertain...
PARIS, Aug 1 (AFP) : Ratings agency Moody's left its note on Argentina's bonds unchanged but lowered their outlook to "negative" in the wake of this week's effective debt default, which is expected to accelerate the decline of the South...
Shamsul Huda | 2014-08-02 00:00:00
Bangladesh may face difficulties in extension of the special TRIPs transitional period for producing pharmaceuticals unless there is strong economic diplomacy after expiry of the current time in the year 2015, industry insiders said. According to sources, the general transitional...
SEOUL, Aug 1 (AFP) : North Korea has started issuing new bank notes in an apparent effort to flush out privately hoarded cash reserves, according to South Korea's National Intelligence Service (NIS). In a briefing to a parliamentary committee, the...
WASHINGTON, Aug 1 (Reuters) : US job growth likely cooled a bit in July, but retained enough momentum to suggest the economy remained on solid ground. Nonfarm payrolls probably increased by 233,000, according to a Reuters survey of economists. That...
BEIJING, Aug 1 (AFP) : Chinese manufacturing activity increased sharply in July, rising at its fastest pace in more than two years, an official survey showed Friday, as the world's second-largest economy shows signs of increasing momentum. The official purchasing...
ROME, Aug 1 (AFP) : Italy's Prime Minister Matteo Renzi said Thursday he expected the eurozone's third largest economy to miss its growth target this year-a failure that will make it tough for the government to balance its budget. "Growth...
The local inventor of a new technology for power generation using gravitational energy has received a huge response from local and international power and technology companies, reports UNB. The main feature of the new technology, 'Heavy Circular Moving Object's Triggering...
MEHERPUR, Aug 1 (BSS) A Bangladeshi was injured in firing by the Border Security Force (BSF) of India in the Buriputa frontier area last night in Meherpur. The victim was identified as Abdul Hannan, son of Atahar Ali of Khalpara...
SYLHET, Aug 1 (UNB): The local administration imposed a ban on swimming in the Piyain river at Jaflong of Goainghat Upazila from Friday, following drowning of five tourists in the river Thursday afternoon. Besides announcing the ban using mikes at...
SYLHET, Aug 1 (UNB): In a filmy style, muggers took away a gold necklace from a woman after taking her along with her husband hostage at gunpoint at Hazrai in South Surma Upazila Friday afternoon. Two muggers intercepted an auto-rickshaw...
BANDARBAN, Aug 1 (BSS): Communications Minister Obaidul Quader today said the Chittagong Hill Tracts will experience an innovative change in communication infrastructure within two years. "The face of Chittagong Hill Tracts will change... revolutionary change in the communication system of...
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