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Photo: Southeast Bank Foundation

2014-07-27 00:00:00

Better prices of agri produce boost Eid shopping in rural areas this yr

Yasir Wardad | 2014-07-27 00:00:00

Rush of buyers in any shopping mall in Dhaka or Chittagong on the eve of Eid festival is a common phenomenon and viewers-readers of media are much familiar with it. Eid shopping in rural areas is always a less discussed...

Germany to reject EU-Canada trade deal

2014-07-27 00:00:00

BERLIN, July 26 (Reuters): Germany is to reject a multi-billion free trade deal between the European Union and Canada which is widely seen as a template for a bigger agreement with the United States, a leading German paper reported on...

Russia raises rate to counter bans

2014-07-27 00:00:00

MOSCOW, July 26 (AFP): The Russian central bank moved on Friday to shield the country's economy from tightening Western sanctions over Ukraine, raising its main interest rate in a bid to forestall a resurgence of capital flight. The Bank of...

IMF in talks with Ukraine on bailout plan

2014-07-27 00:00:00

WASHINGTON, July 26 (AFP): International Monetary Fund (IMF) chief Christine Lagarde held discussions Friday with Ukraine's leaders about the impact of recent political turmoil on the nascent IMF rescue programme, the Fund said. Lagarde spoke by telephone with President Petro...

Argentine default looms as time runs out for debt deal

2014-07-27 00:00:00

BUENOS AIRES, July 26 (Reuters): Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a...

Nigeria to invest $500m in oil sector

2014-07-27 00:00:00

LAGOS, July 26 (Xinhua): At least US$500 million will be invested in different projects of Nigeria's oil and gas sector in the next few years, a top government official has said. Minister of Petroleum Resources Diezani Alison-Madueke disclosed this on...

Photo: SEOUL, Republic of Korea: A tourist taking a \\\'selfie\\\' at a popular tourist spot

2014-07-27 00:00:00

Photo: NEW DELHI, India: An Indian exhibitor from the Coffee Board

2014-07-27 00:00:00

Top one per cent control a third of China\\\'s wealth

2014-07-27 00:00:00

BEIJING, July 26 (AFP): The top one per cent of households in Communist-ruled China control more than one third of the country's wealth, while the bottom 25 per cent control just one hundredth, official media said, citing an academic report....

US dollar hits 8-month high against euro

2014-07-27 00:00:00

NEW YORK, July 26 (Reuters): The US dollar hit an eight-month high against the euro on Friday after weak data on German business sentiment heightened concerns that geopolitical tensions were weighing on the euro zone economy. Germany's Ifo business climate...

Brazil announces $13b credit stimulus

2014-07-27 00:00:00

BRASILIA, Brazil, July 26 (AFP): Brazil's central bank said Friday it would ease banks' reserve requirements, freeing up $13 billion to stimulate lending and boost an economy facing its fourth year of sluggish growth. The new measures, which also loosen...

Moody\\\'s upgrades Portugal\\\'s debt a notch

2014-07-27 00:00:00

WASHINGTON, July 26 (AFP): Moody's on Friday raised the debt rating of Portugal one notch to Ba1 and said it had a stable outlook, despite troubles at a major banking group. Moody's cited the Portuguese government's "comfortable liquidity position, with...

Portuguese parliament passes public sector wage cut

2014-07-27 00:00:00

LISBON, July 26 (AFP): The Portuguese parliament on Friday passed new public sector wage cuts in a bid to meet its target of reducing the deficit. The law allows for a temporary reduction of between 3.5 and 10 per cent...

Zimbabwe records trade surplus with EU

2014-07-27 00:00:00

HARARE, July 26 (Xinhua): Zimbabwe recorded a trade surplus of 156.3 million US dollars with the European Union in the first nine months of 2013, up from 85 million US dollars recorded in the same period the previous year as...

US durable goods orders rebound, core capital goods rise

2014-07-27 00:00:00

WASHINGTON, July 26 (Reuters): Orders for long-lasting US manufactured goods rose more than expected in June, pointing to momentum in the economy heading into the third quarter. The Commerce Department said on Friday durable goods orders increased 0.7 per cent...

Photo: LONDON, Britain: A woman carries shopping bags

2014-07-27 00:00:00

Photo: MANILA, Philippines: A homeless man rests beside his wooden cart

2014-07-27 00:00:00

Photo: FRANCE: A logo is seen on the entrance of a Pole Emploi office

2014-07-27 00:00:00

Photo: SPAIN: Tourists crowd Palma de Mallorca\\\'s Arenal beach

2014-07-27 00:00:00

PM emphasises scrapping Supreme Judicial Council

2014-07-27 00:00:00

Prime Minister (PM) Sheikh Hasina stressed on Saturday the need for scrapping the Supreme Judicial Council (SJC) and restoring the article 96 of the Constitution saying that this system does not go with the parliamentary democratic system, reports UNB. She...

BNP slams govt for \\\'distorting\\\' Cameron\\\'s statement

2014-07-27 00:00:00

Accusing the government of distorting British Prime Minister (PM) David Cameron's remark he made during a meeting with Sheikh Hasina about Bangladesh's January-5 election, BNP cautioned Saturday that such attitude might dent the country's ties with foreign countries and international...

Violence-free political progs sought after Eid

2014-07-27 00:00:00

As BNP keeps on threatening to wage a movement after Eid-ul-Fitr demanding a fresh election under a neutral administration, the country's business community hopes that Khaleda Zia's alliance this time will choose a non-violent programme to keep the economy unhurt,...

Probe report yet to be made public

2014-07-27 00:00:00

SYLHET, July 26 (UNB): Although two years had already elapsed since the arson attack on the hostel of century-old Sylhet Government MC College, the investigation report on the incident has not yet been made public. Sources concerned said the college...

Ershad greets countrymen on Eid

2014-07-27 00:00:00

Jatiya Party (JP) chairman HM Ershad greeted Saturday the countrymen on the occasion of Eid-ul-Fitr in advance and wished happiness and prosperity for all, reports UNB. The JP Chief will exchange Eid greetings with the people from all walks of...

BNP now doing politics with roads: Quader

2014-07-27 00:00:00

Communications Minister Obaidul Quader said Saturday BNP is now doing politics with roads and highways, reports BSS. "Getting no alternative, BNP started doing politics with Talpotti island in the Bay and subsequently is trying to do politics with roads," he...

ASL\\\'s 20th founding anniv today

2014-07-27 00:00:00

The 20th founding anniversary of Awami Swechchasebak League (ASL) will be observed today (Sunday) amid different programmes in Dhaka and other parts of the country, reports BSS. To mark the day, the national and party flags will be hoisted at...

Khaleda returns home from Saudi Arabia

2014-07-27 00:00:00

BNP chairperson Khaleda Zia returned home on Saturday night ending her weeklong visit to Saudi Arabia, reports UNB. The BNP chief reached Hazrat Shahjalal International Airport around 8:20pm in a regular flight of Emirates Airlines. Senior BNP leaders, including BNP...

PM may discuss river grabbing and water-bus issues today

Syful Islam | 2014-07-27 00:00:00

Prime Minister Sheikh Hasina is likely to discuss today (Sunday) the possible ways of saving rivers in and around the capital from land grabbers and ensure a smooth and efficient river transport service within the city, sources have said. The...

UK visit very successful: PM

2014-07-27 00:00:00

Voicing high optimism that good ties between the UK and Bangladesh will reach a new height with her recent visit to the European country, Prime Minister (PM) Sheikh Hasina said Saturday that the goal of her government is to further...