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BlackBerry stock falls after Apple-IBM deal

2014-07-17 00:00:00

Blackberry stock fell sharply on Wednesday, one day after the announcement of a landmark deal between rivals Apple and IBM to offer custom-tailored apps for businesses. At closing, Blackberry shares were down nearly 12 per cent to $9.97, after falling...

China shares slide

2014-07-17 00:00:00

Chinese shares were lower in morning trade on Thursday as investors awaited fresh cues after the release of economic figures a day earlier, dealers said. The benchmark Shanghai Composite Index fell 0.39 per cent, or 8.14 points, to 2,059.14. The...

Dow closes at new record as Intel, IBM gain

2014-07-17 00:00:00

The Dow Jones Industrial Average bolted to a new record on Wednesday as strong Intel earnings and a new IBM venture boosted the blue-chip index. The Dow jumped 77.52 points (0.45 per cent) to 17,138.20. The broad-based S&P 500 gained...

European markets rebound

2014-07-17 00:00:00

European capital markets leapt higher on Wednesday owing to strong economic growth data from China and an improved picture in Portugal, dealers said. London’s FTSE 100 rallied 1.11 per cent to 6,784.67 points as Britain's unemployment rate hit 6.5 per...

International Criminal Justice Day being observed

2014-07-17 00:00:00

International Criminal Justice Day today (Thursday). The day is being observed in Bangladesh as elsewhere across the world. The day is observed on July 17 every year as it is the anniversary of the adoption of the Rome Statute, the...

Israelis flock to apps as Gaza rocket alerts multiply

2014-07-17 00:00:00

The barrage of rocket fire from Gaza has not just triggered a rush for shelters, but has also sent Israelis scrambling to download applications to help cope with the frequent alerts. With nearly half a million downloads, the ‘Red Alert’...

Israel, Hamas agree to Gaza \\\'humanitarian\\\' pause

2014-07-17 00:00:00

Israel and Hamas agreed to a 5-hour UN brokered ‘humanitarian’ pause to their 9-day-long battle, offering the most encouraging sign yet that the fierce fighting could come to an end. Israel’s bombardment of Gaza has killed 222 people, including four...

Sydney soars

2014-07-17 00:00:00

The prices of most of the shares in Australia's capital market climbed on Thursday. Sydney stocks added 0.50 per cent to sit near a six-year high at the close of today's trading session, according to AFP.

Seoul shares rise

2014-07-17 00:00:00

The prices of most of the shares in South Korea’s stock market rose on Thursday. Seoul’s benchmark Kospi put on 0.44 per cent in today’s session, according to AFP.

US oil prices rise following bullish inventory report

2014-07-17 00:00:00

Oil prices shot back above $100 a barrel in New York after a US petroleum inventory report showed a big drop in crude stocks and higher refinery activity levels. US benchmark West Texas Intermediate for August delivery gained $1.25 to...

Remittance drops barring from US

2014-07-17 00:00:00

Remittance inflow from all countries except the United States dropped in the just concluded financial year. According to the central bank, expatriate Bangladeshis sent home US $ 14.22 billion in the 2013-2014 FY, ending on June 30, against $ 14.46b...

China commerce minister chastises US after WTO victory

2014-07-17 00:00:00

China’s commerce minister hit out at the United States on Thursday, urging it not to be a ‘rule-breaker’ after the World Trade Organisation (WTO) handed Beijing initial victory in a trade dispute. Gao Hucheng’s comments came after a panel at...

Action not words needed to boost growth, Abbott tells G20

2014-07-17 00:00:00

Australian Prime Minister Tony Abbott called for G20 economies to adopt more ambitious growth targets, urging leaders not to ‘waste each other's time’ with a talk-fest. Abbott told more than 380 international business leaders attending a 2-day B20 summit in...

Dollar recedes in Asia after recent pick-up

2014-07-17 00:00:00

The dollar retreated in Asia on Thursday after rallying in the previous session in response to the better-than-expected Chinese growth figures and an upbeat US Federal Reserve economic report. In midday Tokyo trading, the greenback fetched 101.52 yen, against 101.69...

BSF picks up man, boy from Dharmagarh border

2014-07-17 00:00:00

India’s Border Security Force (BSF) personnel picked up a Bangladeshi man and a teen-aged boy from Dharmagarh border at Ranishongkoil Upazila in Thakurgaon district on Wednesday night. The victims were identified as Johirul, 25, son of Ahmed Ali of Bhadreswari...

Fruits-laden van snatched injuring van-puller in Azimpur

2014-07-17 00:00:00

Armed muggers took away a fruits-laden rickshaw van after injuring the van-puller by firing from the guns in Azimpur in the city on Thursday. The injured is Masud Rana, 30, also owner of the van, on which he sells fruits...

Stocks see positive trend at opening

FE Online Report | 2014-07-17 00:00:00

The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Thursday, the last trading day of the week. DSEX, the prime index of the...

US happy over Swaraj\\\'s Bangladesh visit

2014-07-17 00:00:00

The US is happy over Sushma Swaraj’s visit to Bangladesh last month, as it welcomes Delhi’s efforts to strengthen regional ties and in which Washington believes it has roles to play. India’s new Prime Minister Narendra Modi invited all SAARC...

2 pirates held with firearms near Sundarbans

2014-07-17 00:00:00

Members of Bangladesh Coast Guard arrested two pirates along with firearms in Pashchim Dhangmari under Dakope upazila in Khulna district near Sundarban on Wednesday. The arrestees were identified as Mamun, 28, son of Mahbub Ali, and Abdul Mannan, 30, son...

Housewife commits suicide in Savar

2014-07-17 00:00:00

A housewife allegedly committed suicide by hanging herself at Gangutia village in Savar Upazila of Dhaka district on Wednesday. The dead is Mousumi Akhter, wife of Habibur Rahman, an army personnel and a resident of Orjunlai village in Savar. Locals...

Israel, Hamas trade fire in lead-up to brief truce

2014-07-17 00:00:00

The Israeli military says it has struck 37 targets in Gaza ahead of a five-hour humanitarian cease-fire meant to allow civilians to stock up after 10 days of fighting. The Gaza Interior Ministry says Israeli aircraft struck 30 houses early...

Australia-Bangladesh trade grows

2014-07-17 00:00:00

Australia Bangladesh Chamber of Commerce and Industry has launched a membership drive, inspired by the growing 2-way trade within a decade of its formation. Together with the Australian High Commission (HC) in Dhaka, it has invited applications for membership from...

Chandpur market fire guts 24 shops, injures 10

2014-07-17 00:00:00

At least 24 shops were gutted by a fire that broke out at a market at Faridganj Upazila in Chandpur district on Wednesday. Ten people were injured in the fire. Fire service officials said the fire originated from an electric...

1 killed in road crash

2014-07-17 00:00:00

A woman was killed and two others were injured in separate road accidents in Shibganj Upazila of Chapainawabganj district on Thursday morning. Sub-inspector Abul Kamal Azad of Shibganj Police Station said an old woman named Saleha Begum, 65, wife of...

Japan\\\'s KDDI, Sumitomo eye $2.0b Myanmar telecom deal

2014-07-17 00:00:00

Japanese mobile carrier KDDI said on Thursday that it planned to link up with trading house Sumitomo in deal to invest about $2.0 billion in developing wireless networks in Myanmar, as the country opens up after years of military rule....

Night watchman hacked dead in B\\\'baria

2014-07-17 00:00:00

A security guard on duty at night was hacked to death by some miscreants at Amtoli Bazar at Brahmanbaria sadar upazila on Thursday. The deceased was identified as Joynal Miah, 55, son of Lail Miah, a resident of Rajghor village...

Nepali student drowns in Kishoreganj lake

2014-07-17 00:00:00

A Nepali student drowned in a lake at Zahurul Islam Medical College at Bajitpur Upazila in Kishoreganj district on Thursday. The dead is Rajon Para Juli, 25, a Nepali national and a fifth year student of MBBS of the college...

Verdict in adulterated drugs deferred

2014-07-17 00:00:00

A Dhaka court has deferred its verdict in a case against pharmaceutical company Adflame for manufacturing adulterated drugs. This was done because the two accused were absent in court. The Drug Court on Thursday set July 22 as a new...

DB seek 10-day remand for Mirpur SI on charge of homicide

2014-07-17 00:00:00

Police on Thursday sought a 10-day remand for interrogating Jahidur Rahman, former sub-inspector (SI) of Mipur Police Station, in connection with the custodial death of a man. Detective Branch (DB) Inspector Nibaron Chandra Barman produced SI Jahid and his source...

Stocks close flat amid choppy trading

FE Online Report | 2014-07-17 00:00:00

Stocks ended flat on Thursday amid choppy trading throughout the session as investors followed cautious stance. DSEX, the prime index of the Dhaka Stock Exchange (DSEX) ended at 4,392.15 points, gaining only 2.79 points or 0.06 per cent from previous...