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Israel, Hamas slide towards major Gaza conflict

2014-07-09 00:00:00

GAZA CITY, July 8 (agencies): Five Palestinians were killed Tuesday as Israeli warplanes pounded Gaza at the start of a new campaign to stamp out rocket fire by Hamas militants on southern Israel. It was the most serious flare-up in...

Iraqi politicians tired as formation of govt delayed

2014-07-09 00:00:00

BAGHDAD, July 8 (AFP): Iraq's politicians agreed to meet next Sunday after delays to the formation of a new government outraged Iraqis tired of political polarisation and fearful of a brutal Sunni militant offensive. It was unclear what prompted the...

news digest

2014-07-09 00:00:00

Pakistan airstrikes kill 13 militants in tribal area ISLAMABAD, July 8: Pakistani jets bombed insurgent hideouts in a restive tribal area bordering Afghanistan and killed at least 13 militants on Tuesday, the military said.The strikes were carried out at Degan...

Photo: NORWAY : Norwegian prime minister Erna Solberg greets US attorney general

2014-07-09 00:00:00

Photo: PORTUGAL : Kate McCann (L) and her husband Gerry McCann (R),

2014-07-09 00:00:00

Gold steadies as dollar rally fades; palladium hits 13-yr high

2014-07-09 00:00:00

LONDON, July 8 (Reuters) : Gold steadied on Tuesday as the dollar's recent rally started to fade and investors awaited clearer signs from the US Federal Reserve that it is firmly on track to raise interest rates next year, while...

Samsung Electronics flags 25pc plunge in Q2 profit

2014-07-09 00:00:00

SEOUL, July  8 (AFP) : Samsung estimated Tuesday that its operating profit would plunge nearly 25 per cent on year in the second quarter of 2014, as cheap Chinese devices and a strong won hammered down its share of the...

GM Korea CEO warns of output cut as strike vote looms

2014-07-09 00:00:00

SEOUL, July 8 (Reuters): General Motors' (GM.N) South Korea chief warned employees that a potential strike could lead to further production cuts in one of its major Asian manufacturing bases, according to an email sent to staff and obtained by...

Soybeans fall for 7th day as US crop thrives, corn up

2014-07-09 00:00:00

SINGAPORE, July 8 (Reuters): Chicago soy fell for a seventh session on Tuesday to trade near its lowest in five months as near-perfect crop weather across the US Midwest buoyed hopes of record production. Corn edged up after sliding to...

Chicago agricultural commodities drop across board

2014-07-09 00:00:00

CHICAGO, July 8 (Xinhua) : Chicago agricultural commodities dropped across the board Monday, led by wheat. The most active corn contract for December delivery dropped 9 cents, or 2.17 per cent, to close at 4.0625 dollars per bushel.  September wheat...

India pays $550m oil dues to Iran

2014-07-09 00:00:00

NEW DELHI, July 8 (Reuters) :  India paid a second installment of $550 million in oil dues to Iran on Tuesday under an interim deal that allowed Tehran access to $4.2 billion in blocked fund globally, two industry sources said....

Oil prices mixed in Asian trade

2014-07-09 00:00:00

SINGAPORE, July 8 (AFP) : Oil prices were mixed in Asia today as dealers await the resumption of disrupted Libyan crude exports, while fears recede about fighting in major producer Iraq, analysts said. US benchmark West Texas Intermediate for August...

Global Commodity Prices

2014-07-09 00:00:00

Lofty goals of SAARC: Myths and realities

Farhana Syead | 2014-07-09 00:00:00

India's new Prime Minister Narendra Modi's historic initiative to invite leaders of the SAARC (South Asian Association for Regional Cooperation) countries to his swearing-in ceremony, his plan to build a multi-storeyed headquarters for SAARC in New Delhi and proposal to...

America: Military clout wanes but dollar reigns supreme

Maswood Alam Khan from Maryland, USA | 2014-07-09 00:00:00

There was always a consensus in American Congress and among the Americans that the United States would never ignore rising threats in any near or distant lands and allow any terrorist groups or dictatorial regimes to gain sanctuary in any...

Deal with Malaysian firms on building flats

2014-07-09 00:00:00

Against the backdrop of an acute housing problem in the country's major urban areas, particularly in its capital city, last Sunday's approval by the cabinet committee on economic affairs of a proposal to construct 100 buildings in Dhaka city is...

Argentine reporter covering WC killed in Brazil

2014-07-09 00:00:00

  Brazilian officials say an Argentine reporter covering the World Cup (WC) has been killed in a car accident caused when a vehicle being chased by police slammed into his taxi. Police inspector Paulo Roberto Poli tells the Globo TV network...

Rationalising fuel gas price

Md. Ashraf Hossain | 2014-07-09 00:00:00

State Minister Nasrul Hamid is on record, saying that the government is considering an increase in natural gas price that is very low compared to international market level. The government is also taking steps to import LNG to reduce gap...

Both Widodo and Subianto claim victory in Indonesian poll

2014-07-09 00:00:00

Both candidates in the Indonesia presidential election have claimed victory based on unofficial results. Jakarta governor Joko Widodo told a news conference shortly after polls closed that "at the time being" early vote counts showed he was the winner. An...

Let\\\'s stop destruction of forests

Asraful Islam | 2014-07-09 00:00:00

Rampant land grabbing by local influential people is now threatening the very existence of tropical rain forest at Muchikandi eastern hill forest (Purba Pahar) along the Rema-Kalennga reserve forest and wilderness zone in Chunarughat upazila under Habiganj district. The land...

Fake leaders and fake politicians

2014-07-09 00:00:00

Dr Husain's fairly detailed article of 6th July, published in the Financial Express throws light on political dynamics in Bangladesh today. Today the political scene thrives on 'movement' where both the parties in 'position' or 'opposition' use movement with bombs...

Maritime resources to be utilised: PM

2014-07-09 00:00:00

Prime Minister Sheikh Hasina on Wednesday said Bangladesh has been able to gain its due rights from India with the maritime boundary verdict and assured of taking steps to properly utilise the maritime resources for the betterment of the country's...

Not a gentleman

2014-07-09 00:00:00

The core issue of cricket at any level is that "it is a gentleman's game" which Shakib unfortunately fails to appreciate. The BCCB has taken the right decision. It could well have been more like banning him forever from cricket...

Huge Pak medicines seized at Dhaka airport

2014-07-09 00:00:00

Customs officials seized contraband medicines worth about Tk 20 million at Hazrat Shahjalal International Airport in the capital Wednesday night. On a tip-off, the custom officials searched two luggage kept abandoned on the customs lounge around 9:15 pm and recovered...

Fake currency notes

2014-07-09 00:00:00

We are scared to learn from the media that with the approach of Eid-ul-Fitr, manufacturers of fake currency notes are preparing to circulate those in the market. It is difficult for the ordinary people to identify the fake ones. We...

Joining the highway of Asian economic growth

Anu Mahmud | 2014-07-09 00:00:00

After Prime Minister Sheikh Hasina's recent visit to China, we can now delve deep into a cost-benefit matrix of what we have got and what we could or should have gotten. Apparently confused by the humiliating defeat of the Congress-led...

Income inequality in Bangladesh perspective

Liton Chandro Sarkar | 2014-07-09 00:00:00

Inequality in Bangladesh has always been a major problem. The rich continue to be richer while the poor the poorer. Inequality in distribution of income has increased. Rising economic inequality is a major challenge that the world faces today. There...

European stock markets mixed

2014-07-09 00:00:00

  LONDON: European stock markets were mixed Wednesday, but most curbed two days of losses as investors awaited minutes of the US Federal Reserve's last policy meeting for clues on the outlook for interest rates. An upbeat earnings report from the...

Dutch to face Messi, Argentina tonight

2014-07-09 00:00:00

Argentina and the Netherlands are set to lock horns for a spot tonight (2.00 am BST). The Argentines beat wildcards Belgium in the quarter-finals thanks to a goal by an impressive Gonzalo Higuain where Alejandro Sabella's squad finally played as...

History hangs heavy

2014-07-09 00:00:00

SAO PAULO, July 8 (AFP): Fuelled by decades of hurt, Lionel Messi's Argentina and Arjen Robben's Holland will carry competing motivations into Wednesday's tantalising World Cup semi-final showdown at Sao Paulo's Corinthians Arena. Argentina, who last reached the final in...