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Nicaragua approves route for $40 billion canal linking oceans

2014-07-08 00:00:00

A Nicaraguan committee approved a proposed route on Monday for a $40 billion shipping channel across the Central American country that would compete with the Panama Canal. The committee of government officials, businessmen and academics approved a 172 mile (278...

Asia shares mixed after Wall St losses

2014-07-08 00:00:00

Asian markets were mixed on Tuesday, after Wall Street retreated from record highs and US analysts warned that a recent equities rally could see a sharp reverse. Investors are hoping to get a better handle on the state of the...

Sweden to give 2.5m SEK to Bangladesh

2014-07-08 00:00:00

The government of Sweden will provide 2.5 million Swedish Krona (SEK) to Bangladesh for the ‘Personnel and Consultancy Fund’. The fund will be used for travel related costs for Bangladeshi candidates who have been approved to take part in international...

Australia asylum: Court given 72-hour warning pledge

2014-07-08 00:00:00

Australia says it will not return a group of asylum seekers to Sri Lanka without giving 72 hours notice. The promise came at an emergency court hearing over the fate of the 153-strong group, who were intercepted at sea. Rights...

Quick fade for dollar rally, German trade disappoints

2014-07-08 00:00:00

The outlook for central bank policymaking going into the second half of 2014 dominated attention in major currency markets on Tuesday, with impetus for the dollar from surprisingly strong US jobs data last week already fading. The jump in new...

CIA had role in Germany spy affair

2014-07-08 00:00:00

The Central Intelligence Agency was involved in a spying operation against Germany that led to the alleged recruitment of a German intelligence official and has prompted renewed outrage in Berlin, two US officials familiar with the matter said on Monday....

White House says most children at border to be sent home

2014-07-08 00:00:00

The White House said on Monday that most unaccompanied minors flooding into the United States from Central America will not be allowed to stay as the Obama administration prepares to ask Congress for $2 billion to address the border crisis....

Pushed from Slaviansk, Ukraine rebels barricade Donetsk

2014-07-08 00:00:00

Pro-Russian rebels erected new barricades on the streets of Donetsk on Monday, preparing to make a stand in the city of a million people after losing their bastion in the town of Slaviansk in the worst defeat of their three-month...

New breed starts to muscle in on Indonesia\\\'s old-style patronage politics

2014-07-08 00:00:00

Indonesia's presidential election on Wednesday could be the last chance for old style politicians to lead what is one of the world's biggest democracies, and one of its youngest. Since 1998, when Indonesia finally shrugged off decades of autocratic rule,...

Iraq parliament delayed for five weeks, general killed near Baghdad

2014-07-08 00:00:00

Iraq's new parliament put off its next session for five weeks on Monday, extending the country's political paralysis amid a Sunni Islamist insurgency that claimed the life of an army general near Baghdad. Citing the politicians' failure to reach ‘understanding...

Southeast Bank hands over 6000 school bags

2014-07-08 00:00:00

Southeast Bank Limited, under the CSR activities has handed over 6000 school bags for deprived poor school students of the remote chars of North-Western region of the country. A programme was organised at the conference room of Southeast Bank Limited...

Chinese hackers turned focus to US experts on Iraq: security firm

2014-07-08 00:00:00

A sophisticated group of hackers believed to be associated with the Chinese government, who for years targeted US experts on Asian geopolitical matters, suddenly began breaching computers belonging to experts on Iraq as the rebellion there escalated, a security firm...

Graft cases: SC to hear 2 petitions of Khaleda on July 13

2014-07-08 00:00:00

The Supreme Court (SC) will hear on July 13 two civil miscellaneous petitions filed by BNP chairperson Khaleda Zia against a High Court (HC) order that had rejected her two writ petitions in the Zia Charitable Trust and Zia Orphanage...

Derailment halts train services of Dhaka with Sylhet, Ctg

2014-07-08 00:00:00

Train services of Dhaka with Sylhet, Chittagong and Kishoreganj remained suspended as two bogies of a freight train derailed at the outer-signal of Bhairab Railway Station in Bhairab upazila on Tuesday. Officer-in-charge of Bhairab GRP Station Saiful Islam said the...

Selim Osman takes oath

2014-07-08 00:00:00

Selim Osman of Jatiya Party, who was elected MP from Narayanganj-5 constituency in a by-election on June 26, took oath on Tuesday. Speaker Dr Shirin Sharmin Chaudhury administered the oath to the newly-elected MP at her Parliament Secretariat office, according...

FSIBL Kaliganj branch starts operation

2014-07-08 00:00:00

The Kaliganj branch of First Security Islami Bank Limited (FSIBL) in Jhenidah started its operation on Tuesday. Kazi Md Amanullah, Head of General Services Division of the bank, inaugurated the branch, said a press release. A doa mahfil was also...

JCD to stage demo Wednesday

2014-07-08 00:00:00

Jatiyatabadi Chhatra Dal (JCD) will stage demonstrations across the country on Wednesday protesting Information Minister Hasanul Haq Inu’s reported threat to remove BNP chief Khaleda Zia from earth. The programme was announced on Tuesday in a statement signed by JCD...

Typhoon Neoguri lashes Japan\\\'s Okinawa

2014-07-08 00:00:00

Hundreds of thousands of people have been urged to seek shelter as a powerful typhoon lashes Japan's Okinawa island chain. Typhoon Neoguri was passing over the southern islands on Tuesday, bringing strong wind and torrential rain. Forecasters said it generated...

BD\\\'s maritime resolution background

2014-07-08 00:00:00

Bangladesh drew an end to its protracted maritime dispute with two neighbours as Permanent Court of Arbitration in Hague delivered a crucial verdict favouring Dhaka in its the dispute with India two years it won its case with Myanmar in...

DCs urged to work for national dev

2014-07-08 00:00:00

President Abdul Hamid on Tuesday asked divisional and deputy commissioners (DCs) to work with integrity to develop Bangladesh into a prosperous nation. “The implementation of programmes taken by government is largely depended on the cordial endeavour of divisional and deputy...

Statue of Mahatma Gandhi to be erected opposite Parliament

2014-07-08 00:00:00

A statue of the Indian political leader Mahatma Gandhi is to be erected opposite the Houses of Parliament. The memorial will stand in Parliament Square alongside those of Abraham Lincoln and Nelson Mandela. Speaking on a trip to the Gandhi...

India respects maritime boundary verdict

2014-07-08 00:00:00

In the wake of maritime boundary verdict, the Indian government Tuesday said the settlement of the dispute will further enhance mutual understanding and goodwill between India and Bangladesh by putting an end to a long pending issue, according to a...

Verdict establishes Indian dominance over Bay: BNP

2014-07-08 00:00:00

The BNP has said that the verdict on disputed maritime boundaries has established India’s dominance over the Bay of Bengal economic zone. Former water resources minister and BNP Vice Chairman M Hafizuddin Ahmed said  Tuesday, after the verdict was issued,...

Rail services on Dhaka, Ctg, Sylhet routes resume

2014-07-08 00:00:00

KISHOREGANJ: Train communications of Dhaka with Sylhet and Chittagong remained suspended for four hours as two bogies of a freight train derailed at the outer-signal of Bhairab Railway Station in Bhairab upazila Tuesday. Officer-in-charge of Bhairab GRP Station Saiful Islam...

Doctors strike hits patients hard in Khulna

2014-07-08 00:00:00

KHULNA: Hundreds of patients were seen running from pillar to post to get treatment as doctors continued their strike for the 4th consecutive day Tuesday. Medical services in all hospital, private clinics and diagnostic centres remained suspended due to the...

Ramadan price rise \\\'not alarming\\\', says watchdog

2014-07-07 00:00:00

The Parliamentary Standing Committee on the Commerce Ministry says there has been no alarming spurt in the prices of essential commodities during Ramadan. Committee Chairman Ali Ashraf said its members expressed satisfaction about the market at a meeting held at...

Samsung Electronics faces falling profits as succession looms

2014-07-07 00:00:00

Smartphone leader Samsung Electronics Co Ltd faces a third straight quarter of profit decline that could become a fourth as cheaper models grab a bigger share of a slowing market and Apple Inc readies the launch of its iPhone 6....

DSE turnover dips below Tk 2b

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

Stocks extended losing streak for the fifth session on 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 benchmark index of the Dhaka Stock Exchange, dipped below ‘psychological’...

BDBL earns Tk 811.9m as operating profit

2014-07-07 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...

Super typhoon takes aim at Japan

2014-07-07 00:00:00

A super typhoon described as a ‘once in decades storm’ was heading north for Japan on Monday, set to rake the southern Okinawa island chain with heavy rain and powerful winds before making landfall on Kyushu, Japan's westernmost main island....