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20 killed in China storms

2014-07-18 00:00:00

BEIJING, July 17 (AFP): At least 20 people have died in the past week as torrential rain batters swathes of China, with at least six killed by lightning, thousands of homes destroyed and more than 300,000 evacuated, state media said....

India tops list of global poor

2014-07-18 00:00:00

MUMBAI, July 17 (Reuters): India tops the list of countries with the largest share of global extreme poor though the poverty rate in southeast Asia as whole saw a substantial fall from 1990 to 2010, a new United Nations report...

Pak police foil attack against PM\\\'s home

2014-07-18 00:00:00

ISLAMABAD, July 17 (AP): Officials say police fought for more than 10 hours with militants planning to attack the Prime Minister's home in eastern Pakistan. Government official Shuja Khanzada said Thursday a police officer and a militant were killed in...

news digest

2014-07-18 00:00:00

38 killed in Philippines Typhoon The Philippines set to work clearing debris, reconnecting power and rebuilding flattened houses on Thursday after a typhoon swept across the country killing 38 people, with at least eight missing, rescue officials said. Typhoon Rammasun,...

MH17 crash: OSCE investigators reach east Ukraine site

2014-07-18 00:00:00

International investigators have arrived at the crash site of Malaysia Airlines flight MH17, after rebels in eastern Ukraine allowed them access. Some 30 monitors went to the village of Grabovo where the plane, carrying 298 people, came down Thursday, according...

Photo: Thai former PM Yingluck Shinawatra

2014-07-18 00:00:00

Photo: YONGIN: A tiger taking to water to beat the heat

2014-07-18 00:00:00

Australia-Bangladesh trade grows

2014-07-18 00:00:00

Australia Bangladesh Chamber of Commerce and Industry has launched a membership drive, inspired by the growing two-way trade within a decade of its formation, reports bdnews 24.com. Together with the Australian High Commission in Dhaka, it has invited applications for...

Oil prices up on US demand hopes

2014-07-18 00:00:00

SINGAPORE, July 17 (AFP): Oil prices extended gains in Asia Thursday after a bullish US stockpiles report raised hopes of resurgent demand in the world's top crude consumer, analysts said. US benchmark West Texas Intermediate for August delivery rose 24...

S Korea to scrap rice import caps from start of next year

2014-07-18 00:00:00

SEOUL, July 17 (Reuters): South Korea will on Friday announce plans to scrap caps on rice imports from the start of 2015, instead managing shipments into the country using a system of steep tariffs, domestic media including the state Yonhap...

Gold above $1,300 on bargain-hunting

2014-07-18 00:00:00

SINGAPORE, July 17 (Reuters): Gold ticked higher on Thursday to trade just above $1,300 an ounce as buyers emerged after a recent sharp drop in prices, but it was still near a four-week low as investors weighed the possibility of...

Uganda orders Tullow Oil to pay $407m tax bill

2014-07-18 00:00:00

KAMPALA, July 17 (AFP): A Ugandan tax appeals court on Wednesday ordered the Anglo-Irish firm Tullow Oil to pay a $407 million tax bill related to the sale of local assets in 2012. Tullow Oil, which had already paid $142...

Anglo American says strikes hit platinum output

2014-07-18 00:00:00

LONDON, July 17 (AFP): Global miner Anglo American said on Thursday that platinum production slumped 40 per cent in the second quarter, hit by South African strikes which ended last month. Anglo American, which is the world's biggest producer of...

Indonesia threatens to hand over Newmont Mine if output does not resume

2014-07-18 00:00:00

JAKARTA, July 17 (Reuters): Indonesia stepped up pressure on Newmont Mining over a six-month old dispute that has halted copper exports, warning it could hand the US miner's licence to a state-owned firm if it does not resume shipments. The...

Global Commodity Prices

2014-07-18 00:00:00

Photo: Islami Bank Bangladesh Limited

2014-07-18 00:00:00

Photo: JAKARTA, Indonesia: A man adjusts the oil price tag on a board of a fuel station

2014-07-18 00:00:00

BNP reconstitutes Dhaka city unit committee

2014-07-18 00:00:00

After a long wait, BNP’s much-hyped Dhaka city unit fresh convening committee, headed by party standing committee member Mirza Abbas, was announced Friday night. BNP joint secretary general Ruhul Kabir Rizvi announced the committee at a press conference at the...

Set up units or plots will be re-allotted

2014-07-18 00:00:00

FE Report Industries Minister Amir Hossain Amu threatened Thursday  to cancel allocation of plots at the BSCIC Jamdani Industrial Estate and distribute those among new entreprenurs, if the allottees fail to set up their units there within the stipulated time....

ECB agrees to help Cypriot banking system

2014-07-18 00:00:00

NICOSIA, July 16 (Xinhua): The European Central Bank (ECB) has agreed on measures to help the troubled Cypriot banking system to throw off shackles which prevent it to operate normally, according to a government statement issued here on Wednesday. Cypriot...

Mechanical paddy transplanting under PPP launched

2014-07-18 00:00:00

Swiss-based agribusiness company Syngenta launched mechanical paddy transplanting programme under the public private partnership (PPP) with Bangladesh Rice Research Institute (BRRI), reports BSS. The world leading multinational company in the agriculture sector launched the transplanting programme in Bagatipara upazila of...

European markets mixed as global tension swells

2014-07-18 00:00:00

 LONDON: European stock markets closed with mixed results Friday, as edgy investors reacted to the crash of a Malaysian passenger plane in Ukraine that killed almost 300 people and an Israeli assault in Gaza. When a volatile week of trading...

Aarong launches online shop

2014-07-18 00:00:00

Aarong, country's leading fashion and lifestyle brand, unveiled its new online shop at an event at BRAC Centre Thursday, said a statement. Governor of Bangladesh Bank Dr Atiur Rahman inaugurated the website, while BRAC founder and chairperson Sir Fazle Hasan...

Doha facelift dumps migrant workers on the streets

2014-07-18 00:00:00

DOHA, July 17 (AFP): Expelled from housing in a Doha district undergoing modernisation, scores of migrant workers have been left homeless, some of them left to sleep on the streets of energy-rich Qatar's capital. The Gulf state has been under...

US economy growing across nation: Fed Beige Book

2014-07-18 00:00:00

WASHINGTON, July 17 (AFP): The US economy has continued to shake off its winter sluggishness with all regions of the country seeing expansion, the Federal Reserve said in a report Wednesday. Seven of the 12 regions surveyed recorded only "modest"...

AL men clash with police in Cox’s Bazar, 20 injured

2014-07-18 00:00:00

COX’S BAZAR: At least 20 people, including the president of local Poursasava unit of Awami League, were injured in a clash with police in front of Sadar Police Station in the town Friday evening, according to a news agency. Officer-in-charge...

News Briefs

2014-07-18 00:00:00

Microsoft announces 18,000 job cuts in reorganisation NEW YORK, July 17: Microsoft said Thursday it would slash 18,000 jobs from its global workforce over the next year, the majority from the integration of the Nokia unit acquired this year. A...

MH17 hit by missile from rebel-held Ukraine: Obama

2014-07-18 00:00:00

US President Barack Obama has said a surface-to-air missile fired from a rebel-held area in east Ukraine brought down Malaysia Airlines flight MH17. The plane crashed Thursday, killing all 298 people on board. Mr Obama called the attack "an outrage...

Photo: Deputy head of Bangladesh Financial Intelligence Unit & executive director of Bangladesh Bank

2014-07-18 00:00:00

South Korea co to invest $7.38m in Karnaphuli EPZ

2014-07-18 00:00:00

M/s Campha Outdoor Limited, a South Korean company, will set up a camping items plant in the Karnaphuli Export Processing Zone (EPZ) involving US$7.38 million. In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and...