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SJIBL director sent to jail for swindling

FE Report | 2014-06-27 00:00:00

Director of the Shahjalal Islami Bank Limited (SJIBL) Mohammad Solaiman was sent to jail Thursday for his alleged swindling of about Tk 1.40 billion from the bank. Metropolitan Magistrate Mollah Saiful Islam issued the order to send him to jail...

Petrobangla signs deal with US consortium

FE Report | 2014-06-27 00:00:00

State-owned Peterobangla has finally inked Thursday an initial deal with the US consortium of Astra Oil and Excelerate Energy, four years after the bidding, to build the country's first liquefied natural gas (LNG) terminal at Moheshkhali island. The US consortium...

Photo: Ghana\\\'s defender Jonathan Mensah and Portugal\\\'s forward and captain Cristiano Ronaldo

2014-06-27 00:00:00

Prayer Timings

2014-06-27 00:00:00

Sushma calls on President

2014-06-27 00:00:00

Indian External Affairs Minister Sushma Swaraj made a courtesy call-on President Abdul Hamid at Bangabhaban. The President expressed hope that Sushma's visit would help further strengthen friendly relations between the two countries. He also expressed hope that the existing problems...

Hajj flights begin on Aug 27

2014-06-27 00:00:00

Hajj flights will begin on August 27 to ferry a total of 98,762 pilgrims to Saudi Arabia this year. The Biman Bangladesh Airlines will carry the pilgrims from August 27 to September 28 while the Saudi Airlines will do the...

Banks remain open tomorrow

2014-06-27 00:00:00

Treasury-related branches and departments of Bangladesh Bank (BB) and branches of commercial banks will remain open tomorrow (Saturday). "All departments related to treasury activities of the central bank will remain open on Saturday, June 28, so people can pay their...

Tokyo shares tumble

2014-06-27 00:00:00

Tokyo shares tumbled 0.62 per cent on Friday morning, weighed down by poor US economic data and with the yen rising against the dollar and euro. The Nikkei 225 index dropped 95.45 points to 15,213.04 by the break while the...

China shares down in morning trade

2014-06-27 00:00:00

Chinese shares were slightly lower in morning trade on Friday despite data showing higher company profits, dealers said. The benchmark Shanghai Composite Index slipped 0.61 per cent, or 12.40 points, to 2,026.28. The Shenzhen Composite Index, which tracks stocks on...

HK stocks lower

2014-06-27 00:00:00

Hong Kong stocks opened marginally lower on Friday following a negative lead from Wall Street, while investors look ahead to key economic data next week. The benchmark Hang Seng Index dipped 9.35 points to 22,947.84, according to AFP.

GoPro shares soar on 1st day of trading

2014-06-27 00:00:00

Shares in the company behind GoPro cameras, used to capture sports action from players’ perspectives, jumped more than 30 per cent on their 1st day of trading. GoPro shares were trading at $31.34 at close of the Nasdaq on Thursday....

US stocks stumble

2014-06-27 00:00:00

US stocks on Thursday finished modestly lower following disappointing economic data. The Dow Jones Industrial Average shed 21.38 points (0.13 per cent) at 16,846.13. The broad-based S&P 500 dipped 2.31 (0.12 per cent) to 1,957.22, while the tech-rich Nasdaq Composite...

European shares fall on weak US data

2014-06-27 00:00:00

Europe’s main stock markets closed in the red on Thursday, weighed down by disappointing consumer spending data and a warning of future interest rate rises in the United States. Frankfurt's DAX 30 dropped 0.64 percent to 9,804.90 points, while the...

Petrol crisis hits Iraq\\\'s Kurdish region

2014-06-27 00:00:00

The shutdown of Iraq’s biggest refinery, roads blocked by fighting, and skyrocketing demand have created the worst oil crisis in years in the country’s autonomous Kurdish region. At petrol stations across the three provinces of the northern region, but particularly...

Ershad says country becomes land of death

2014-06-27 00:00:00

Jatyia Party (JP) Chairman HM Ershad has said the country has become a ‘land of death’. Mentioning Narayanganj seven murders, Ershad said, ‘We can’t bear the grief of Chandan Sarker’s daughter Sushmita. So many Sushmitas are waiting for their fathers....

3 feared dead in GAIL pipeline fire

2014-06-27 00:00:00

At least three people are feared killed after an explosion at a gas pipeline at the site of the state-owned Gas Authority of India Limited (GAIL) in Guntur area of Andhra Pradesh. The blast took place at around 5:30 am...

Girl abducted killing her mother

2014-06-27 00:00:00

Miscreants abducted a girl after killing her mother in Damurhuda upazila in Chuadanga district on Thursday night. The deceased was identified as Tahmina Khatun, 45, wife of Abdul Kader, a resident of at Azimpur village. Witnesses said a gang of...

Dollar eases in Asian trade after Wall St slip

2014-06-27 00:00:00

The dollar edged down against the yen in Asian trade on Friday after uninspiring US data and a slide on Wall Street, dealers said. The greenback was changing hands at 101.52 yen in Tokyo morning trade, down from 101.70 yen...

Vessel sinks near Ctg port

2014-06-27 00:00:00

A goods-laden lighterage vessel has sunk in Patenga area in Chittagong. The incident took place around 7:30am on Friday in Karnaphuli River near Chittagong Port. Deputy Conservator of Chittagong Port Nazmul Alam said ‘MV Sundarban-1’ was carrying steel coils from...

Germany, US sail into knockout stages

2014-06-27 00:00:00

Thomas Mueller’s second-half goal saw Germany sail to a 1-0 victory over the United States in World Cup Group G on Thursday, a result that saw both teams progress to the knockout stage of the tournament. Germany top the group...

Portugal pip Ghana but both bow out

2014-06-27 00:00:00

Portugal defeated Ghana 2-1 in a World Cup Group G match on Thursday night but the win could not save Portugal who are eliminated with the Africans. Meanwhile, United States, beaten by 0-1 by Germany in another Group G match...

Obama hails US World cuppers

2014-06-27 00:00:00

US football fans erupted in celebration across the country on Thursday as their team reached the next round of the World Cup, fueling a surge of popularity for a sport struggling to gain a foothold. Crowds gathered in bars, pubs...

Algeria hold Russia to enter Round-II

2014-06-27 00:00:00

Algeria reached the last 16 of the FIFA World Cup for the 1st time in their history after ending draw with Russia in Group H in Curitiba, Brazil on Thursday night. The 1-1 result earned the north African team a...

10-man Belgium send S Korea packing

2014-06-27 00:00:00

Jan Vertonghen led 10-man Belgium to a 1-0 victory over South Korea on Thursday that gave them top place in World Cup Group H and ended Asian hopes in the competition. The stand-in captain hit the winner 12 minutes from...

Japan tax hike boosts inflation, hurts spending in May

2014-06-27 00:00:00

Inflation hit a three-decade high and unemployment dipped further in Japan, data showed on Friday, as the government’s bid to jumpstart the economy takes hold, even as analysts warned it was too early for celebrations. Japanese consumer inflation, stripping out...

Australia govt mulls probe into financial scandal

2014-06-27 00:00:00

Australia said on Friday it would consider calls for a national inquiry into a major financial scandal at the country’s biggest listed firm, but would not rush a decision. Prime Minister Tony Abbott said he was considering a report by...

Tofail blasts Khaleda for her movement threat

2014-06-27 00:00:00

Commerce Minister Tofail Ahmed has criticised BNP Chairperson Khaleda Zia saying that she has no ability to cause any harm to the government through launching any movement. ‘Whatever capability you (Khaleda) had, you utilised all before the January-5 elections, and...

Khaleda meets Swaraj

2014-06-27 00:00:00

BNP Chairperson Khaleda Zia on Friday morning made a courtesy call on the visiting Indian External Affairs Minister Sushma Swaraj. The more than half-an-hour-long meeting ended at 11:10am in the city’s Sonargaon Hotel where Swaraj is staying. The meeting started...

Girl goes missing while bathing in Kushtia river

2014-06-27 00:00:00

A teenage girl went missing while taking bath in the Garai River in Kushtia town on Thursday. The victim was identified as Samia, 23, a class VI student of Chand Sultana Girls’ School and daughter of Chand Ali of Char...

Bangladesh reelected CEDAW member

2014-06-27 00:00:00

The Bangladesh candidate has been elected a member of the UN Committee on the Elimination of Discrimination Against Women (CEDAW) for the 2nd successive term. The ministry of foreign affairs of Bangladesh on Friday said the re-election of the Bangladesh’s...