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2014-07-08 00:00:00

Japan issues highest alert over super typhoon Neoguri TOKYO, July 7: Japan's weather agency on Monday issued its highest alert as super typhoon Neoguri barreled toward the southern Okinawa island chain, warning of violent winds and towering waves from what...

Photo: UKRAINE : Nuns and priests walk in lines as they escort the coffin

2014-07-08 00:00:00

Photo: PORTUGAL : Spain\\\'s Queen Letizia (L) smiles to Portuguese President\\\'s wife Maria Cavaco Silva

2014-07-08 00:00:00

Lower commercial demand pushes down chicken prices

FE Report | 2014-07-08 00:00:00

Chicken meat prices decreased by nearly nine per cent in the last two days in the city amid reduced demand in restaurants and fast food outlets, traders said. The price of chicken, which rose to Tk170 per kg (broiler) in...

Egypt\\\'s Sisi defends fuel subsidies cut, adds taxes

2014-07-08 00:00:00

CAIRO, July 7 (AFP) :  Egypt's President Abdel Fattah al-Sisi Sunday defended a government decision to raise fuel prices as the authorities also slapped higher taxes on cigarettes and alcohol, state media reported. The authorities late Friday decided to slash...

Hold fresh poll to avoid dire consequences: Khaleda

2014-07-08 00:00:00

Issuing a warming to the government that the ‘guns which it is now using to cling power’ will turn out to be a great danger for it one day, BNP chairperson Khaleda Zia urged the regime to hold a fresh...

Oil prices mixed in Asian trade

2014-07-08 00:00:00

SINGAPORE, July 7 (AFP) : Oil prices were mixed in Asia Monday as dealers balance easing concerns about the jihadist insurgency in Iraq with upbeat sentiment about US demand following strong jobs data, analysts said. US benchmark West Texas Intermediate...

Global Commodity Prices

2014-07-08 00:00:00

Banks, NBFIs fade in capital market in last two years

Mohammad Mufazzal | 2014-07-08 00:00:00

The capital market has witnessed a drastic change in the sectoral turnover in the last couple of fiscal years (FYs) with banks and NBFIs losing their dominating edge, experts and stakeholders said.   The turnover value of the heavyweight banking sector...

9 cos to be honoured for paying the highest VAT

FE Report | 2014-07-08 00:00:00

The National Board of Revenue (NBR) will honour top nine VAT paying companies with National Award for their significant contribution to the public exchequer. Commerce minister Tofail Ahmed will hand over crest and certificates to the top VAT paying companies...

DSE turnover dips below Tk 2.0b-mark

FE Report | 2014-07-08 00:00:00

The market extended losing streak for the fifth session Monday with turnover plunging below Tk 2.0 billion mark after six-week as investors followed 'wait-and-see' strategy amid cautious stance. DSEX, the prime index of the Dhaka Stock Exchange (DSEX) went down...

News Briefs

2014-07-08 00:00:00

New DMD of Rupali Bank Md. Abu Bakar Siddique has joined Rupali Bank Limited (RBL) as Deputy Managing Director recently. Bank and Financial Institutions Division, Ministry of Finance, has issued a circular on his promotion as Deputy Managing Director. Prior...

Photo: Prime Bank signed a long term loan agreement with FMO recently

2014-07-08 00:00:00

Photo: Mirpur Branch of Bangladesh Commerce Bank Limited

2014-07-08 00:00:00

BD cos dominate SAFA competition

Mohammad Ali | 2014-07-08 00:00:00

Bangladesh's corporate entities continue holding the top positions among the SAARC countries in disclosure and fair presentation of their financial statements and other business activities in their annual reports, according to officials linked to the process. South Asian Federation of...

Guidelines soon on new spectrum

FE Report | 2014-07-08 00:00:00

Country's telecom regulator has moved to formulate guidelines on allocation of 700MHz-band spectrum so that mobile-phone operators can explore new services by using the electromagnetic waves. The spectrum is much potential for serving broadband internet through 4G/ LTE (Long Term...

Sensex hits record high

2014-07-08 00:00:00

MUMBAI, July 7 (Reuters): The Nifty rose on Monday to a third consecutive record high, while the Sensex surpassed 26,000 points, riding on gains in technology stocks ahead of Infosys Ltd's results and hopes of a fiscally prudent budget. Foreign...

Talpatti no longer exists: Dipu Moni

2014-07-08 00:00:00

South Talpatti, an island that was located south of Satkhira in the Bay of Bengal, no longer exists, but the part of the sea where it was located has fallen under India’s territory as a result of an international dispute...

BDBL operating profit up

2014-07-08 00:00:00

State-owned Bangladesh Development Bank Limited (BDBL) earned an operating profit of Tk. 811.9 million during the first six months (January-June) of the current calendar year registering a 24 percent rise against the corresponding period of the previous year. During the...

Bikroy.com\\\'s Ramadan offer

2014-07-08 00:00:00

Bikroy.com is giving away exciting Iftar offers. The winner will get the opportunity to have Iftar at any Nando's outlet together with a friend.

IPO Diary

2014-07-08 00:00:00

Photo: Social Islami Bank Limited

2014-07-08 00:00:00

Photo: A loan recovery camp under Modhu Mela programme

2014-07-08 00:00:00

Broad ready for gruelling India series

2014-07-08 00:00:00

NOTTINGHAM, England, July 7 (AFP): England seamer Stuart Broad has insisted the hosts have the bowling depth required to cope with a frenetic Test series against India. Wednesday sees the two nations meet at Nottinghamshire paceman Broad's Trent Bridge home...

AbbVie increases offer for Shire

2014-07-08 00:00:00

US drugs giant AbbVie has raised its takeover offer for UK rival Shire to £30.1 billion ($51.3 billion) in its latest attempt to persuade the firm to agree a deal. The share and cash offer equates to £51.15 a share...

Krul revels in Dutch shootout heroics

2014-07-08 00:00:00

RIO DE JANEIRO, Brazil, July 7 (AFP): Dutch goalkeeper Tim Krul on Sunday revelled in the role of unexpected hero a day after he became the star of his side's shootout success over Costa Rica. Coach Louis Van Gaal elected...

Scolari hints Willian may replace Neymar in semis

2014-07-08 00:00:00

BELO HORIZONTE, Brazil, July 7 (AP): Coach Luiz Felipe Scolari hinted in training Sunday that midfielder Willian is his first option to replace Neymar in Brazil's World Cup semifinal against Germany. Willian took Neymar's position when Brazil's reserves played against...

Kvitova moves back up WTA rankings

2014-07-08 00:00:00

PARIS, July 7 (AFP): Newly-crowned Wimbledon champion Petra Kvitova has moved up to fourth in the WTA rankings after lifting her second Grand Slam title at the All England Club at the weekend. Czech Kvitova reached a career-high world number...

European stock markets fall for second day running

2014-07-08 00:00:00

LONDON: 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 per cent to 6,738.45 points, adding to hefty losses posted a...

Djokovic books Tour Finals spot, Murray sinks

2014-07-08 00:00:00

LONDON, July 7 (AFP): Wimbledon champion Novak Djokovic went back to the top of the world rankings on Monday while Andy Murray slipped to number 10, his lowest place for six years. The 27-year-old Serb replaced Rafael Nadal as the...