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Top economies contract in Q1: OECD

2014-07-04 00:00:00

PARIS, July 3 (AFP): Leading global economies contracted in the first three months of 2014 as companies traded less and ordered fewer goods, and despite a slight rise in private consumption, the OECD said Thursday. Data showed that economic activity...

Vietnam bank to aid Myanmar bank

2014-07-04 00:00:00

YANGON, July 3 (Xinhua): The Bank for Investment and Development of Vietnam (BIDV) will provide technical support and loan provision to Myanmar's Small and Medium Industrial Development Bank Limited (SMIDB), according to bank circle Thursday. The recent agreement between SMIDB...

ADB downgrades GDP growth forecast for Pacific region

2014-07-04 00:00:00

MANILA, July 3 (Xinhua): The Asian Development Bank (ADB) on Thursday downgraded its 2014 gross domestic product (GDP) growth forecast for the Pacific region to 5.2 per cent due to the impact of flooding in Solomon Islands and weak private...

Trade benefits Chinese, S Korean consumers

2014-07-04 00:00:00

SEOUL, July 3 (Xinhua): Consumers in South Korea and China are benefiting from the ever expanding trade between the two neighbours. South Korean products have long been recognised as fashion leaders and known for high technology, such as clothes, cosmetic...

Swedish cuts rate to 0.25 per cent

2014-07-04 00:00:00

STOCKHOLM, July 3 (AFP): The Swedish National Bank cut its reference lending rate by half a percentage point to 0.25 per cent on Thursday to counteract inflation that remains weak despite an improving economy. "Inflation is lower than expected and...

ECB to keep rates on hold

2014-07-04 00:00:00

FRANKFURT, July 3 (AFP): The European Central Bank is unlikely to make new policy moves at its monthly meeting on Thursday, focusing instead on assessing the impact of last month's unprecedented package of measures. After cutting rates last month and...

exchange rate

2014-07-04 00:00:00

Photo: FRANKFURT AM MAIN, Hessen, Germany: Barbed wire is seen in front of the new tower of the European Central Bank

2014-07-04 00:00:00

Photo: WASHINGTON: IMF Managing Director Christine Lagarde speaking

2014-07-04 00:00:00

New Indian export price hike shakes BD onion market

Yasir Wardad | 2014-07-04 00:00:00

Prices of onion marked a significant rise just in a day in the city's kitchen markets amid the month of Ramadan following disclosure of news of Indian export price hike of the produce, sources concerned said. However, they observed that...

Gold slips ahead of US jobs data, ECB meet

2014-07-04 00:00:00

LONDON, July 3 (Reuters): Gold slipped on Thursday as the dollar and equity markets strengthened, while investors awaited a European Central Bank meeting and US jobs data to gauge the strength of the global economy and the fate of stimulus...

Tk 57.5m allocated for increasing agri input cards, Matia tells JS

2014-07-04 00:00:00

Agriculture Minister Begum Matia Chowdhury Thursday said the government has allocated Tk 57.5 million to increase agricultural input assistance cards for farmers to 23 million across the country, reports BSS. "The distribution of agricultural input assistance cards to farmers is...

Oil extends losses as Libyan supplies to return

2014-07-04 00:00:00

LONDON, July 3 (AFP): Oil extended losses on Thursday on prospects that Libya will begin exporting more crude into a global market flush with supplies, while easing concerns about the Iraqi crisis also weighed. Brent North Sea crude for delivery...

India\\\'s Sesa sees 6-fold jump in iron ore output, Goa mining set to resume

2014-07-04 00:00:00

NEW DELHI, July 3 (Reuters): India's Sesa Sterlite Ltd expects its iron ore output to surge six fold this fiscal year as it resumes production in Goa in September after a 19-month mining ban in the state, an executive of...

Photo: JALANDHAR, INDIA: Indian child labourers sort onions

2014-07-04 00:00:00

Photo: PHILIPPINES: A worker carries sacks of rice while unloading inside the National Food Authority (NFA) warehouse

2014-07-04 00:00:00

Muktijoddha beat Sheikh Russell by 3-1

2014-07-04 00:00:00

Muktijoddha Sangsad Krira Chakra beat defending champions Sheikh Russell Krira Chakra 3-1 in the third leg of the Nitol -Tata Bangladesh Premier Football League at the Sheikh Fazlul Haque Moni Stadium in Gopalganj Thursday, reports UNB. Muktijoddha took a joint-third...

Obama greets US soccer team

2014-07-04 00:00:00

WASHINTON, Jul 3 (BBC): US President Barak Obama told two members of the U.S. World Cup team that they made the country proud during a phone call Wednesday. Obama spoke with goalkeeper Tim Howard and team captain Clint Dempsey the...

Messi film depicts tough route to the top

2014-07-04 00:00:00

RIO DE JANEIRO, Jul 3 (AFP): A documentary portraying Lionel Messi's tough route to the top was given a first screening in Rio on Wednesday. The work, "Messi", directed by Spaniard Alex de la Iglesia and scripted by former Argentina...

Match-fixer Vincent tells of bat attack fears

2014-07-04 00:00:00

WELLINGTON, Jul 3 (AFP): Disgraced former New Zealand cricketer Lou Vincent said Thursday his match-fixing boss threatened him with a cricket bat after an attempt to rig a game backfired, costing crooked bookies a fortune. Vincent, who received a life...

Federations probed over illegal WC ticket sales

2014-07-04 00:00:00

RIO DE JANEIRO, Jul 3 (AFP): Brazilian authorities were investigating Wednesday whether the Brazilian, Argentine and Spanish football federations were involved after police dismantled a ring that illegally sold World Cup tickets. Police arrested 11 people on Tuesday accused of...

Federer, Djokovic braced for young and restless

2014-07-04 00:00:00

LONDON, Jul 3 (AFP): Roger Federer and Novak Djokovic face young and restless Milos Raonic and Grigor Dimitrov for places in the Wimbledon final on Friday as men's tennis reaches a potentially game-changing moment in its history. In the space...

Ariful wins gold medal in Asian Youth Camp

2014-07-04 00:00:00

Bangladeshi teenage swimmer M Ariful Islam clinched the gold medal in the 50-meter breaststroke for the trainees of 13-16 age-group of the Asian Youth Camp held in Dohar, Qatar last week, reports UNB. Ariful Islam achieved the feat in 32.43...

Broad glad to have Stokes back on board

2014-07-04 00:00:00

LONDON, Jul 3 (AFP): Stuart Broad has backed Ben Stokes to have as big an impact on the England scene as he did on a Barbados dressing-room locker after the young all-rounder was recalled to a 13-man squad for next...

Colombia bans foam to avoid WC close shaves

2014-07-04 00:00:00

BOGOTA, Jul 3 (AFP): Colombia will ban the sale of flour and shaving foam in Bogota for Friday's quarter-final World clash with hosts Brazil, with thousands expected on the streets and passions running high in the football-mad country. Colombians often...

sports digest

2014-07-04 00:00:00

'Happy' Blatter hails WC success RIO DE JANEIRO, Jul 3: FIFA president Sepp Blatter declared Wednesday that the World Cup in Brazil was a success, saying that fears of anti-tournament protests had not materialized. "I am a very happy man...

Photo: SÃO PAULO: Costa Rica\\\'s forward Randall Brenes poses with Brazilian fans

2014-07-04 00:00:00

Photo: WIMBLEDON: Czech Republic\\\'s Petra Kvitova returns

2014-07-04 00:00:00

Uproar in Parliament over JSD\\\'s role during 1972-\\\'75

2014-07-04 00:00:00

Parliament plunged into a pandemonium for a while Thursday over a heated debate on Bangladesh Liberation Force (BLF) and the role of JSD during 1972-1975, reports UNB. The House suddenly turned overheated when JSD MP Mainuddin Khan Badal took the...

AL to gain more strength using IT, says Joy

2014-07-04 00:00:00

Prime Minister (PM) Sheikh Hasina's Information Technology (IT) Affairs Adviser Sajeeb Wazed Joy said Thursday that Awami League (AL) will further be strengthened by using information technology (IT), reports BSS. "Awami League has successfully been running the state over the...