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Still shaky despite Fed assurance

2014-07-10 00:00:00

European shares were back in negative territory on Thursday, a brief lift from US Federal Reserve meeting minutes proving short-lived as investors worried whether markets could go it alone without the US central bank's emergency support. Faith in a rally...

No stock trading from July 27 for Eid

2014-07-10 00:00:00

Trading at the Dhaka Stock Exchange (DSE) will remain closed for seven days from July 27 on account of Eid-ul Fitr and weekly holidays.There will be no trading at the prime bourses between July 27 and 31 because of Eid...

Russia sets new banking rules for state firms amid downturn

2014-07-10 00:00:00

Russian state companies, the backbone of the economy, can only have accounts at banks with capital of no less than 10 billion rubles ($296 million) or at those with ties to the government, a senior finance ministry official said on...

Plea against Narayanganj CID probe rejected

2014-07-10 00:00:00

The High Court has rejected a plea to stop a probe by police's Criminal Investigation Department (CID) into the Naryanganj murders. But the court has revised its earlier order on the matter, instructing the CID to run an 'enquiry' instead...

3 Ukrainian soldiers killed in further clashes

2014-07-10 00:00:00

Three Ukrainian soldiers have been killed and 27 wounded in clashes with pro-Russian separatist rebels in the east of the country, the military said on Thursday. Government forces have recently gained the upper hand in the three-month conflict against separatists...

PM urges Gazprom to conduct more seismic surveys in BD

2014-07-10 00:00:00

Prime Minister Sheikh Hasina on Thursday urged the Russian state-run company Gazprom to conduct more seismic surveys in Bangladesh for more gas exploration. Hasina made the request when a delegation of Gazprom International, led by its CEO Valeriy Gulev, met...

Iraq tells UN that \\\'terrorist groups\\\' seized nuclear materials

2014-07-10 00:00:00

Insurgents in Iraq have seized nuclear materials used for scientific research at a university in the country's north, Iraq told the United Nations in a letter appealing for help to ‘stave off the threat of their use by terrorists in...

Biman to resume flights on domestic routes shortly: Menon

2014-07-10 00:00:00

Civil Aviation and Tourism Minister Rashed Khan Menon on Thursday said that the domestic fights of Biman Bangladesh Airlines will be resumed shortly. For the domestic flights, procurement of aircraft will begin from August, he said while talking to the...

China June trade data misses forecasts

2014-07-10 00:00:00

China's trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilize the economy and meet its 2014 growth target. Exports rose 7.2 per cent in June from...

Boeing sees $5.2 trillion jet market

2014-07-10 00:00:00

Boeing Co made its most bullish 20-year forecast for jetliner demand since 2011, saying on Thursday the world will need 36,770 new planes worth $5.2 trillion by 2033. The company's annual projection is up 4.2 per cent from its 2013...

Commerzbank may pay upto $800m to settle US probe

2014-07-10 00:00:00

German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under US sanctions, sources familiar with the matter said. The penalty, previously reported to be...

BD\\\'s parliamentary democracy still far away from expectations: TIB

2014-07-10 00:00:00

Transparency International Bangladesh (TIB) has said the expectations raised by the restoration of parliamentary form of government in the wake of anti-Ershad movement have remained far from fully realised. “Ironically enough, as if to chop off the head for headache,...

PM invites Khaleda to Iftar party

2014-07-10 00:00:00

Prime Minister Sheikh Hasina on Thursday invited BNP chairperson Khaleda Zia to an Iftar party to be hosted in honour of the country's politicians on July 17. The Iftar mahfil will be held at the Prime Minister's official residence Ganobhaban....

US emerging market fund managers ignore borders

2014-07-10 00:00:00

US emerging market fund managers are paying less attention to where a company is located or listed than to whether it's making money, either as an advanced world company doing business in the developing world, or the other way around....

Emergency phone and internet data laws to be passed in UK

2014-07-10 00:00:00

Emergency powers to ensure police and security services can continue to access phone and internet records are being rushed through UK Parliament. Prime Minister David Cameron has secured the backing of all three main parties for the highly unusual move....

Indonesia vote: Wait for official count, says president

2014-07-10 00:00:00

Indonesia's outgoing president has urged both camps in Wednesday's election to keep supporters in check while the official count takes place. Both candidates have claimed victory in the presidential election, based on unofficial ‘quick counts’. The majority of these give...

Drone strike hits Pakistan tribal area of North Waziristan

2014-07-10 00:00:00

At least six suspected militants have been killed in a US drone strike in the Pakistani tribal region of North Waziristan. The strike hit the border town of Datta Khel, thought to be on the escape route for militants fleeing...

PM dismisses Talpatty existence, ridicules BNP remark

2014-07-10 00:00:00

Prime Minister Sheikh Hasina on Thursday dismissed the existence of the much-talked-about Talpatty Island in the Bay of Bengal and criticised the remarks of an ex-BNP minister over Talpatty saying that it was done to undermine the government’s success in...

Malaysian MP admires Germany win - and Hitler - in tweet

2014-07-10 00:00:00

A Malaysian member of parliament has sparked controversy after he expressed admiration for Germany's win over Brazil in a World Cup semi-final - and Adolf Hitler. Shortly after Germany's 7-1 win, Bung Moktar Radin tweeted: ‘WELL DONE..BRAVO...LONG LIVE HITLER...’ His...

Conduct more seismic surveys for gas, PM urges Gazprom

2014-07-10 00:00:00

Prime Minister Sheikh Hasina on Thursday urged the Russian state-run company Gazprom to conduct more seismic surveys in Bangladesh for more gas exploration. Hasina made the request when a delegation of Gazprom International, led by its CEO Valeriy Gulev, met...

Indian media: Economy is \\\'crying for reforms\\\'

2014-07-10 00:00:00

Media are pondering whether official predictions that the Indian economy is set to grow at a rate of more than 5% in 2014-15 are realistic and offer advice on what has to be done to revive the country's fortunes. The...

Cricket: England v India scoreboard

2014-07-10 00:00:00

Scoreboard at lunch on the second day of the first Test between England and India at Trent Bridge on Thursday: India 1st Innings (overnight: 259-4) M. Vijay lbw b Anderson 146 S. Dhawan c Prior b Anderson 12 C. Pujara...

Germany have World Cup final edge: Argentine coach

2014-07-10 00:00:00

Argentina coach Alejandro Sabella believes a well-rested Germany will have the advantage against the weary South Americans in Sunday’s World Cup final. Sabella’s players advanced to the Maracana showpiece in a gruelling extra-time and penalty shoot-out battle with the Netherlands...

Public sector strikes hit schools and services around the UK

2014-07-10 00:00:00

Strikes are taking place across the UK in a series of disputes with the government over pay, pensions and cuts, with more than a million public sector workers expected to join the action. Firefighters, librarians and council staff are among...

Bank of England keeps UK interest rates at 0.5%

2014-07-10 00:00:00

The Bank of England has held UK interest rates at a record low of 0.5% for another month. The size of the Bank's economic stimulus programme, known as quantitative easing, was also kept unchanged at £375bn. Last month, Bank governor...

Google launches new venture fund for European start-ups

2014-07-10 00:00:00

Google is launching a venture capital fund to invest in promising European technology companies. The $100m (£58m) fund will ‘invest in the best ideas from the best European entrepreneurs’, according to Bill Maris, managing partner at Google Ventures, overseeing the...

Germany \\\'may expel\\\' CIA man in US spy row

2014-07-10 00:00:00

The German government is considering the expulsion of a CIA official in Berlin in response to two cases of alleged spying by the US, reports say. The official is believed to have acted as a CIA contact at the US...

Repair roads to ensure safe Eid journey: JS body

2014-07-10 00:00:00

The Parliamentary Standing Committee on Communications Ministry on Thursday suggested the government to take necessary steps to repair the country’s highways for the safe journey of people during the upcoming Eid-ul Fitr. The parliamentary watchdog made the recommendation at its...

Germany to honour Magura farmer

2014-07-10 00:00:00

German Embassy in Dhaka has decided to honour Amjad Hossain, a farmer of Magura who has made the longest German flag to celebrate the German National Football Team in the 2014 World Cup. Hossain has sold part of his farmland...

Maritime boundary verdict reflects will of India: BNP

2014-07-10 00:00:00

Claiming that the maritime boundary verdict reflects India’s will, BNP on Thursday alleged that Bangladesh has lost around 6,000 square kilometres of sea areas with the judgement. The party also alleged that the verdict will help India establish its absolute...