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Germany clinch 4th World Cup title after 24 years

2014-07-15 00:00:00

RIO DE JANEIRO - With two quick touches, Mario Goetze ended Germany's 24-year wait for another World Cup title. Goetze scored the winning goal in extra time to give Germany a 1-0 victory over Argentina on Sunday in a tight...

Overseas employment: Domestic linkages

M A Taslim | 2014-07-15 00:00:00

Temporary movement of labour abroad for employment is a relatively new phenomenon in Bangladesh. It started a few years after the emergence of Bangladesh as an independent country on a modest scale. Only about six thousand people went abroad for...

BASIC Bank MD asked to prepare action plan to recover NPLs

FE Report | 2014-07-15 00:00:00

The reconstituted Board of Directors of the BASIC Bank has asked its managing director (MD) and his team to formulate an action plan giving emphasis on recovery of non-performing loans (NPL) of the scam-hit bank. The instruction was made at...

Tk 4.75m transacted in kickbacks at CCH a day

FE Report | 2014-07-15 00:00:00

Bribing continued at the Chittagong Port and the Chittagong Customs House (CCH) even after automation of their operation as exporters and importers were forced to pay Tk 4.75 million a day, a study report said Monday. Besides, the port users...

Prayer Timings

2014-07-15 00:00:00

Lowest Fitra rate fixed at Tk 65

2014-07-15 00:00:00

Fitra has been fixed at Tk 65 per head this year.  Islamic Foundation fixed the amount at a meeting on Monday. Khatib of Baitul Mukarram National Mosque and convener of Fitra fixing committee Prof Maulana Mohammad Salahuddin chaired the meeting....

China shares flat in morning trade

2014-07-15 00:00:00

Chinese shares were flat in morning trade on Tuesday as investors awaited the release of 2nd-quarter growth data later in the week, dealers said. The benchmark Shanghai Composite Index edged down 0.02 per cent, or 0.51 points, to 2,066.14 points....

HK stocks open 0.58% higher

2014-07-15 00:00:00

Hong Kong stocks rose 0.58 per cent on Tuesday following a healthy rally on Wall Street as investors await the release of Chinese economic growth data later in the week. The benchmark Hang Seng Index added 136.17 points to 23,482.84...

Tokyo stocks open up 0.38%

2014-07-15 00:00:00

Tokyo stocks opened 0.38 per cent higher on Tuesday on the back of a positive lead from Wall Street and a weaker yen, as traders awaited testimony from the Federal Reserve chief about the state of the US economy. The...

Citigroup, M&A earnings power US stocks

2014-07-15 00:00:00

US stocks scored solid gains on Monday, lifted by Citigroup’s better-than-expected earnings and a rash of merger and acquisition activity. At the closing bell, the Dow Jones Industrial Average gained 111.61 points (0.66 per cent) at 17,055.42 points. The broad-based...

No bar to removing 5 companies\\\' structures from Shitalakkha

2014-07-15 00:00:00

The Supreme Court on Monday upheld its earlier verdict ordering the government to remove all structures, except those set up by it in the public interest, from four rivers around the capital city of Dhaka. A 5-member Appellate Division bench...

BES\\\' shares tumble after management change

2014-07-15 00:00:00

Shares in Portugal’s largest listed bank, Banco Espirito Santo (BES), plunged on Monday as the arrival of new directors failed to shake off worries about the founding family’s empire. After posting an early gain of almost 6.0 per cent on...

India slashes aid for Bangladesh

2014-07-15 00:00:00

India has slashed significantly its aid in the form of grants and loans for Bangladesh in the new fiscal (2014-2015) year which is almost 40 per cent lower than the previous fiscal year. Bangladesh is the only country in the...

HC issues rule on NHRC for not responding to rape victim\\\'s appeal

2014-07-15 00:00:00

The High Court on Monday issued rules asking National Human Rights Commission (NHRC) and its chairman to explain why the commission is silent in initiating legal steps against the person responsible for raping a child. An HC division bench comprising...

2014-07-15 00:00:00

Hasina likely to have meeting with Cameron during UK tour

2014-07-15 00:00:00

Prime Minister Sheikh Hasina is likely to have a meeting with British Prime Minister David Cameron during her 3-day UK visit beginning on July 21. The Prime Minister will fly for the United Kingdom to attend the Girl Summit 2014...

Rain may hinder repair of rundown roads before Eid

2014-07-15 00:00:00

The fear of rain spoiling urgent repairs of highways looms large as the government races against the clock to ensure hassle-free travel of Eid passengers. Several highways, including Dhaka-Chittagong and Dhaka-Mymensingh arterial roads, have been filled with potholes with the...

\\\'Deceased\\\' wakes up at own funeral

2014-07-15 00:00:00

A minor girl who was pronounced dead in the Philippines has woken up at her own funeral. Philippines media report said, the three-year-old girl was declared clinically dead by the physicians of medical in Zamboanga del Sur in southern Philippines’...

College student \\\'abducted\\\' in Sylhet

2014-07-15 00:00:00

Miscreants abducted a college student in Sylhet city on Monday. The victim was identified as Nasrin Akhtar, a student of third year (Accounting) of Modon Mohan College. Witnesses said that Nasrin with her classmates were waiting for a rickshaw in...

Stocks see downward trend

FE Online Report | 2014-07-15 00:00:00

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw negative trend in early hours of trading on Tuesday amid volatility, the third trading day of the week. DSEX, the prime index of the DSE, went down by 0.34 points...

Railway Board (repeal) Act approved

2014-07-15 00:00:00

The Cabinet has approved a draft of the ‘Bangladesh Railway Board (repeal) Act 2014’. Cabinet Secretary M Musharraf Hossain Bhuiyan has said after a Cabinet meeting. He said, ‘The proposed law intends to bring some changes to the railway board...

BCL man hacked to death

2014-07-15 00:00:00

An activist of Bangladesh Chhatra League (BCL) was hacked to death while another was injured by their rivals at Akhalia under Jalalabad Police Station in Sylhet city on Monday night. The dead is M Abdullah, alias Kochi, 25, son of...

Jamaat leader arrested in Sylhet

2014-07-15 00:00:00

Police arrested a local leader of Jamaat-e-Islami in Sadar Upazila of Sylhet on Monday evening. The arrestee was identified as Jalal Ahmed, general secretary of the upazila unit of Jamaat and chairman of Jalalabad Union Parishad. Kotwali police said a...

4 inter-district robbers arrested

2014-07-15 00:00:00

Police arrested four alleged robbers from in front of Jagannathpur Primary School at Satkhira Sadar upazila on Tuesday. The arrestees were identified as Jahangir Gazi, 40, son of Shahaj Uddin Gazi, a resident of Debaria village, Shawkat Gazi, 50, son...

Bangladesh farmer\\\'s flag on FIFA website

2014-07-15 00:00:00

The official website of FIFA (www.fifa.com) has featured a picture of the 3.5-km-long national flag of Germany that Bangladesh farmer Amzad Hossain made in support of the German World Cup football team. The Germans won the World Cup beating Argentina...

Israel approves Egypt-proposed Gaza truce

2014-07-15 00:00:00

Israel approved an Egyptian-proposed deal that would halt the week-old Gaza shelling war on Tuesday but the Palestinian territory's dominant Hamas Islamists responded suspiciously, saying they had not been consulted by Cairo. Hamas's armed wing vowed its attacks would ‘increase...

William Hague to step down as UK foreign secy

2014-07-15 00:00:00

British Foreign Secretary William Hague said on Monday he will stand down as foreign secretary after four years to serve as leader of the British House of Commons. ‘I will not stand as an MP (member of parliament) in the...

Manzur murder case probe gets further time

2014-07-15 00:00:00

A Dhaka court on Tuesday again extended time for further investigation into Maj Gen Manzur murder case. Allowing the time-extension plea sought by special police super of Criminal Investigation Department (CID) Abdul Kahhar Akond, also investigation officer (IO) of the...

Stocks return to red

FE Online Report | 2014-07-15 00:00:00

Stocks returned to the red on Tuesday, a day after upturn as investors followed cautious stance ahead of Eid festival. Only seven trading sessions are left ahead of Eid vacation. “Investors’ sentiment still remains shaky and their prompt need to...

Hamas rejects Egypt proposal for truce with Israel

2014-07-15 00:00:00

Hamas rejected an Egyptian proposal for a cease-fire with Israel on Tuesday, moments after Israeli Cabinet accepted the plan, throwing into disarray international efforts to end a week of fighting that has killed 192 Palestinians and exposed millions of Israelis...