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Photo: BARISAL: A huge pothole right in the middle of Torki Bondor road

2014-07-25 00:00:00

21m farm families to get agri input cards

2014-07-25 00:00:00

The government this month started distributing agricultural input assistance cards to some 21 million farmers to identify all categories of farmers, reports BSS. The move is aimed to recognize the ancient profession by the state and reach agri input assistance...

Oil prices up in Asian trade

2014-07-25 00:00:00

SINGAPORE, July 24 (AFP): Oil prices rose in Asia Thursday after the United States reported a large decline in its crude inventories, indicating strong demand in the world's biggest economy. US benchmark West Texas Intermediate for delivery in September was...

Indian air force helicopter crash kills 7 on board

2014-07-25 00:00:00

LUCKNOW: India's air force says one of its helicopters has crashed in northern India, killing all seven people on board, including two pilots, according to a news agency. An air force statement says the helicopter made a "May Day'" call...

BASF says oil, gas business drives profits in Q2

2014-07-25 00:00:00

FRANKFURT, July 24 (AFP): BASF, the world's biggest chemicals maker, said on Thursday that profits rose in the second quarter, driven by its oil and gas business. BASF said in a statement that its bottom-line net profit climbed by 12...

20th Commonwealth Games: Baki wins silver for BD in shooting

2014-07-25 00:00:00

Bangladesh shooter Abdullah-Hil Baki won the silver medal in the man’s 10-metre Air Rifles of the 20th Commonwealth Games Shooting in Glasgow, Scotland on Friday, according to a news agency.   Baki put a strong fight in the latter part of...

Indonesia to revise mineral export tax rules, give Freeport export permit

2014-07-25 00:00:00

JAKARTA, July 24 (Reuters): Indonesia will revise its rules on mineral export taxes next month, a senior official said on Thursday, paving the way for the country's multi-billion dollar mining industry to rebound after months of layoffs and stalled exports....

‘Last goodbye’ to Baby Maudud

2014-07-25 00:00:00

Family members have bid final farewell to journalist, writer and former MP AN Mahfuza Khatun Baby Maudud from her Dhanmondi residence. Grief descended on her home Friday after her mortal remains were brought there from United Hospital in Dhaka. Relatives,...

Gold below $1,300 as strong China, euro zone data lift stocks

2014-07-25 00:00:00

LONDON, July 24 (Reuters): Gold broke below the psychological level of $1,300 an ounce for the first time in a week on Thursday as robust economic data from China and the euro zone deterred investors from buying into safe haven...

European stocks end down

AFP | 2014-07-25 00:00:00

 LONDON: European stock markets closed down Friday, with Frankfurt's main DAX index falling 1.53 per cent to 9,644.01 points. London's benchmark FTSE 100 index slipped 0.44 per cent to 6,791.55 points, while in Paris the CAC 40 dropped 1.82 per...

Lailatul Qadr being observed

2014-07-25 00:00:00

Muslims across the country are observing the holy Lailatul Qadr, the night of divine blessings and benediction, Friday night with due solemnity and religious fervour. The Holy Quran was revealed on Prophet Hazrat Muhammad (pbuh) on this exalted night to...

exchange rate

2014-07-25 00:00:00

Global Commodity Prices

2014-07-25 00:00:00

Photo: YANGON, Myanmar: A woman crosses the road during heavy rain in Yangon

2014-07-25 00:00:00

Call money rate almost stable

FE Report | 2014-07-25 00:00:00

The inter-bank call money rate remained almost stable Thursday despite increased cash withdrawal from the banks ahead of the Eid-ul-Fitr festival, officials said. The call rate ranged between 5.25 per cent and 8.25 per cent on the day against the...

IMF cuts US 2014 economic growth forecast to 1.7pc

2014-07-25 00:00:00

WASHINGTON, July 24 (AFP): The International Monetary Fund (IMF) on Wednesday lowered its US economic growth forecast for 2014 after severe winter weather in the first quarter delivered a sharp contraction. The IMF projected that the world's largest economy would...

More than 2.2b people \\\'poor or near-poor\\\' : UN report

2014-07-25 00:00:00

TOKYO, July 24 (AFP): More than 2.2 billion people are "poor or near-poor", with financial crises, natural disasters, soaring food prices and violent conflicts threatening to exacerbate the problem, a United Nations report said Thursday. While poverty is in decline...

Nokia has strong momentum in Europe sales : CEO

2014-07-25 00:00:00

HELSINKI, July 24 (Reuters) : Finnish telecoms gear maker Nokia has good prospects for sales in Europe and North America in the coming quarters, its chief executive said on Thursday after the company posted better-than-expected quarterly results.  Rajeev Suri, who...

NZ raises interest rate

2014-07-25 00:00:00

WELLINGTON, July 24 (Xinhua): The Reserve Bank of New Zealand on Thursday raised its Official Cash Rate (OCR) by 25 basis points to 3.5 percent, saying it was important to contain inflation expectations despite signs that the pace of economic...

News Briefs

2014-07-25 00:00:00

Wal-Mart replaces chief of US division NEW YORK, July 24: US retail giant Wal-Mart Stores Thursday announced it is replacing the head of its Walmart US division, which has had declining same-store sales in recent quarters. Greg Foran, 53, currently...

Photo: NRB Global Bank Limited

2014-07-25 00:00:00

Photo: PRAN Up Valobashar Bangladesh

2014-07-25 00:00:00

Asian economies to struggle on weak export demand

2014-07-25 00:00:00

BANGALORE, July 24 (Reuters): The outlook for emerging Asia has dimmed further this year on weak demand for exports, although growth in India is expected to accelerate into 2015 even as China is held back in part by a slowing...

S Korea unveils $40b stimulus package

2014-07-25 00:00:00

SEOUL, July 24 (AFP): South Korea unveiled a $40 billion stimulus package Thursday as the finance minister warned of a risk of recession after the economy grew at its slowest rate for more than a year in the second quarter....

EBRD bank to stop new investments in Russia

2014-07-25 00:00:00

LONDON, July 24 (AFP): The EBRD bank on Wednesday said it will freeze funding for new projects in Russia in response to sanctions announced by Brussels last week over the Ukraine crisis. The European Bank for Reconstruction and Development (EBRD)...

Indonesia records increased foreign investment in Q2

2014-07-25 00:00:00

JAKARTA, July 24 (Reuters): Indonesia's investment board said the country attracted more foreign investment in the second quarter than the first, in spite of concerns interest would be cut by controversy over a mineral ore export ban and political uncertainty...

Photo: NEW DELHI, India: World Bank president Jim Yong Kim addressing

2014-07-25 00:00:00

Photo: LISBON, Portugal: A man passing by BES (Espirito Santo Bank) branch

2014-07-25 00:00:00

Japan trade deficit surges to record on weak exports

2014-07-25 00:00:00

TOKYO, July 24 (AFP): Japan's trade deficit ballooned to a record in the first half of the year as exports fell further in June, data showed Thursday, ramping up pressure on the central bank to unveil fresh measures to boost...

Eurozone economy rebounds

2014-07-25 00:00:00

BRUSSELS, July 24 (AFP): The eurozone economy showed signs of a rebound in July after several months of sluggish activity, but France stood out as a laggard, a closely watched survey showed on Thursday. "Eurozone growth rebounded in July," the...