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China shares slide slightly in morning trade

2014-07-09 00:00:00

Chinese shares were slightly lower in morning trade on Wednesday after data showed inflation eased in June from the previous month, dealers said. The benchmark Shanghai Composite Index slipped 0.17 percent, or 3.47 points, to 2,060.55. The Shenzhen Composite Index,...

HK stocks open 0.57% lower

2014-07-09 00:00:00

Hong Kong stocks slipped 0.57 per cent in the opening exchanges on Wednesday following another Wall Street sell-off as investors awaited the release of Chinese inflation data. The benchmark Hang Seng Index fell 133.33 points to 23,408.05, according to AFP.

US shares fall; Nasdaq nosedives

2014-07-09 00:00:00

US stocks on Tuesday fell sharply with the tech-rich Nasdaq suffering the deepest declines as the 2nd-quarter earnings season kicked off. The Dow Jones Industrial Average dropped 117.59 points (0.69 per cent) to 16,906.62 points. The broad-based S&P 500 fell...

2014-07-09 00:00:00

College student killed in road crash

2014-07-09 00:00:00

A college student was killed in a road accident in Sadar upazila in Bagerhat district on Tuesday afternoon. The deceased was identified as Ritu Khatun, 17, a 2nd-year student of Khulna Pioneer College and daughter of Nipun Fakir of Sugandhi...

Three patients die during docs\\\' strike in KMCH

2014-07-09 00:00:00

Three patients died at Khulna Medical College Hospital (KMCH) in the last 38 hours ending on Tuesday afternoon allegedly for want of treatment. Medical practitioners’ indefinite strike entered the 2nd day on Tuesday in Khulna. The deceased are Ripon Shikder,...

10 \\\'smugglers\\\' held on Laugarh frontier

2014-07-09 00:00:00

Border Guard Bangladesh (BGB) personnel arrested 10 alleged smugglers while entering Indian territory through Laugarh border point in Tahirpur upazila in Sunamganj district on Tuesday afternoon. The arrestees could not be identified immediately. Lieutenant Colonel Golam Mohiuddin, commanding officer of...

\\\'Oishee innocent\\\'

2014-07-09 00:00:00

The plaintiff in the case over the murder of police officer Mahfuzur Rahman and his wife told the court that the couple’s daughter, Oishee Rahman, was not involved in the killings. In his witness deposition on Tuesday, plaintiff Mashiur Rahman,...

European stock stumble

2014-07-09 00:00:00

European stock markets took another tumble on Tuesday, with airline shares hitting violent downdrafts after Air France-KLM issued a profits warning. London’s benchmark FTSE 100 index lost 1.25 percent to 6,738.45 points, adding to hefty losses posted a day earlier....

Health figures in US diplomacy

2014-07-09 00:00:00

The United States is trying to fit health into its foreign policy, a State Department official says. Stephen Murphy, a policy adviser of the Office of Global Health Diplomacy that falls under the Secretary of State, said they train their...

China, US vow to end old rivalries

2014-07-09 00:00:00

China and the United States on Wednesday launched high-level talks, with Chinese President Xi Jinping urging the world's two biggest economies to break old patterns of confrontation. Given their different histories and cultures ‘it is natural that China and the...

BD national stabbed dead in Saudi Arabia

2014-07-09 00:00:00

A Bangladeshi worker has been stabbed to death by an Egyptian national in Makkah city in Saudi Arabia on Tuesday. The deceased was identified as Azam, 37. Hailed from Mirsarai area of Chittagong district, Azam had been working in Saudi...

China inflation slows to 2.3% in June: govt

2014-07-09 00:00:00

Chinese inflation slowed to 2.3 percent in June from a four-month high of 2.5 percent in May, official data showed Wednesday, giving authorities further room to stimulate growth in the world's second-largest economy. The country's consumer price index -- a...

Ctg train services disrupted

2014-07-09 00:00:00

Chittagong’s rail communications with the rest of the country have snapped following the derailment of a train in Sitakunda Upazila of the district. An oil-filled wagon jumped the tracks at Fouzdarhat in the Upazila around 6:30am on Wednesday, Chittagong Railway...

DSE, CSE advance at opening

FE Online Report | 2014-07-09 00:00:00

The country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – saw upward trend in early hours of trading on Wednesday, the 4th trading day of the week. DSEX, the prime index of the DSE, went...

Child TB problem far greater than thought: study

2014-07-09 00:00:00

Twenty-five per cent more children are falling ill with TB than the UN had thought, with more than 650,000 hit by the disease each year in the 22 worst affected countries, specialists said on Wednesday. Reporting in The Lancet, they...

Oil prices down ahead of US stockpiles report

2014-07-09 00:00:00

Oil prices edged lower in Asia on Wednesday as dealers await the latest US stockpiles report for clues about demand in the world's top crude consumer. US benchmark West Texas Intermediate for August delivery eased two cents to $103.38 while...

Man slips off bus, dies in Manikganj

2014-07-09 00:00:00

A man was killed as a bus ran over him after he slipped down under it near Paturia Ferry Ghat at Shibalaya upazila in Manikganj on Wednesday morning. The deceased was identified as Wadud, 25, son of Abdus Samad of...

Bank of England set to sit tight on 0.5% rate

2014-07-09 00:00:00

The Bank of England is again set to leave its key interest rate at a record low of 0.50 per cent on Thursday after it launched measures to cool Britain’s housing market. The BoE is forecast also to leave its...

Dollar under pressure in Asia ahead of Fed minutes

2014-07-09 00:00:00

The dollar faced selling pressure in Asia on Wednesday as investors await the release of minutes from the Federal Reserve’s policy meeting last month. In midday Tokyo trading, the greenback was quoted at 101.54 yen, against 101.57 yen in New...

Afghan civilian casualties jump 24pc in year to June: UN

2014-07-09 00:00:00

Civilian casualties in Afghanistan soared by 24 per cent in the first half of 2014, according to UN figures released on Wednesday, revealing worsening nationwide violence as US-led troops leave after more than a decade fighting the Taliban. Ground combat...

Klose top scorer in World Cup\\\'s history

2014-07-09 00:00:00

Miroslav Klose became the top goal-scorer in the history of World Cup when he scored in Germany’s semi-final rout of Brazil in Belo Horizonte, Brazil, on Tuesday. Despite his 23rd-minute effort in a devastating five-goal first-half haul for the Germans,...

RMG workers stage demo for wages in city

2014-07-09 00:00:00

Workers of a readymade garments (RMG) factory staged a demonstration at North Badda in the city to press for payment of their due wages on Wednesday, disrupting traffic on the Rampura-Badda Road. Police said the workers of Toba Garments factory...

2 die in lightning strike

2014-07-09 00:00:00

A youth and a woman were killed by a thunderbolt in Debiganj upazila of Panchagarh district on Tuesday. The deceased Promoth Chandra Roy, 18, son of Khogendra Nath Roy was a resident of village Baniapara of the upazila. Family members...

Old man meets watery grave

2014-07-09 00:00:00

A septuagenarian man drowned in Kumar River in Faridpur on Wednesday. Police said, Mona Khan, a resident of Rothkhola area of the district town drowned when he was taking bath. Local people noticed that he did not raise up his...

EU for greater worker safety

2014-07-09 00:00:00

The European Union has advised Bangladesh to pay ‘much more attention’ to promoting factory safety and workers’ rights to consolidate its clothing market while acknowledging that ‘much progress’ had been made after the Rana Plaza building collapse last year. It...

DSE turnover hits nine-month low

FE Online Report | 2014-07-09 00:00:00

Turnover on Dhaka Stock Exchange (DSE) dipped to a nine-month low Wednesday as investors were reluctant to take fresh exposure in the market. “The ongoing pessimism kept investors mostly inactive, bringing the turnover to a nine-month low,” said a stock...

BB Governor attends ECOSOC meeting in NY

2014-07-09 00:00:00

Bangladesh Bank Governor Dr. Atiur Rahman participated in ECOSOC High-level Ministerial Panel on Employment-centric Sustainable Development' Tuesday at the UN HQs in New York. The High-Level Panel discussion was chaired by Mr. Martin Sajdik, President of the United Nations Economic...

Chittagong train services resume

2014-07-09 00:00:00

Rail links between Chittagong and the rest of the country have been restored after remaining cut off for seven hours. An oil-carrying freight train jumped the tracks at Sitakunda’s Fouzdarhat at 6am on Wednesday while on its way to the...

Take steps to check commodity prices: Tofail to DCs

2014-07-09 00:00:00

Commerce minister Tofail Ahmed has directed deputy commissioners (DCs) to take steps aimed at keeping commodity prices in check. "The DCs have been asked to check prices not only during Ramadan but round the year through market monitoring cells," he...