BEIJING/SHANGHAI, July 14 (Reuters) : China's central bank has approved the launch of the country's first iron ore and thermal coal swap contracts, two industry sources said on Monday, giving industry participants new financial tools to hedge the risk of...
LONDON, July 14 (Reuters) : An unplanned offshore outage has resulted in reduced natural gas production at the St Fergus gas terminal on the northeast coast of Scotland, Total Exploration and Production UK said. "The problem has been resolved and...
TOKYO, July 14 (AFP) : The yen weakened in Asian trade Monday as the Bank of Japan kicked off a two-day policy meeting, with investors also eyeing testimony from the head of the US Federal Reserve this week. In Tokyo...
FE Report | 2014-07-15 00:00:00
Traders on Monday urged the authorities to take measures to stop harassment by field- level tax officials and intervention of the Auditor General's Office. They also demanded that the tax authority should reward them for collecting VAT, instead of causing...
FHM Humayan Kabir | 2014-07-15 00:00:00
The government is set to give the go to three more electricity-distribution projects at a total cost of Tk 47.17 billion for connecting more villages under on-grid power supply. Officials said the new schemes are up for approval before completion...
Rezaul Karim | 2014-07-15 00:00:00
The government is going to temporally ban export of rice bran to India to help local entrepreneurs boost edible oil production from it, an official said. "We're now collecting information about the domestic production of rice bran and imports of...
Infrastructure Development Company Limited (IDCOL) signed a financing agreement with Gram er Alo Limited (GEA) for setting up a 158.3 kW solar mini-grid Project at Narayanpur Union, Nageshwari, Kurigram, said a statement. Executive director & CEO of IDCOL Mahmood Malik...
Sadharan Bima Corporation (SBC), the lone state-owned non-life insurer, earned a net profit of Tk 2.18 billion for the year 2013. It is Tk 380 million higher than that of the previous year. Md Rezaul Karim, managing director of SBC,...
NEW YORK, July 14 (AFP): Citigroup said Monday that it will pay $7 billion to settle charges that it misled investors in its sale of mortgage-linked securities ahead of the financial crisis. Citi said the settlement with the US Department...
Banks working on setting up 'Rural ATMs': RBI HYDERABAD: Banks are working on setting up 'Rural ATMs' for dispensing currency notes of smaller denominations, RBI's Deputy Governor R Gandhi said today. "We have encouraged banks to find a solution for...
SUNAMGANJ, July 14 (UNB): Import of coal through three land customs stations-Borochhara, Charagoan and Bagli-in Uttar Sreepur union under Tahirpur upazila have remained suspended over the last two and a half months depriving the government of huge revenue income. Due...
LONDON: European equities ended in the red on Tuesday after the head of the Federal Reserve warned it could raise rates faster than expected, adding to gloom over poor German data. Paris's CAC 40 fell 1.03 per cent compared to...
FE Report | 2014-07-15 00:00:00
The United Airways (BD) Limited has planned to introduce a comparatively wide-bodied aircraft, MD-83 in addition to its regular flights by ATR-72 aircraft on Dhaka-Chittagong route from July 17 for attracting more domestic passengers. The 170-seat jet engine aircraft will...
A letter of cooperation has been signed between the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Cocoro Limited of Japan aiming at strengthening existing economic cooperation between the private sectors of the two countries, reports BSS. Secretary...
S’pore's economy unexpectedly contracts in second quarter SINGAPORE, July 14: Singapore's trade-reliant economy unexpectedly contracted in the second quarter, the government said Monday, as weak global demand weighed on the key manufacturing sector. Gross domestic product (GDP) shrank an annualised...
Shah Alam Nur | 2014-07-15 00:00:00
Private airlines business in the country is showing a tremendous growth with the increasing number of travellers both at home and abroad, sector insiders said. Now-a-days more corporate and business personnel are choosing air journey for saving their time which...
MUMBAI, July 14 (AFP): India's inflation slowed to a four-month low in June, data showed Monday, but a weak monsoon could push up food prices and pose headaches for the new government. The Wholesale Price Index, the closest-watched cost of...
LONDON, July 14 (Xinhua): Worldwide business optimism has waned compared to the two-year high seen earlier in 2014, said London-based Markit Monday in its Global Business Outlook Survey report. The survey, which is based on responses from a panel of...
COLOMBO, July 14 (Reuters): Sri Lanka's central bank on Monday kept policy rates steady at multi-year lows for a sixth straight month, as expected, and said it anticipates that previous cuts will bring lower lending rates to more sectors of...
YANGON, July 14 (Xinhua): Myanmar-assigned Singapore-based consortium, led by CPG Consultants, is inviting interested firms to submit expression of interest (EoI) this month for first-phase development of Kyaukpyu Special Economic Zone (SEZ) in western Rakhine state, state media reported Monday....
KUALA LUMPUR, July 14 (AFP): Ratings agency Fitch warned on Monday that a merger plan by Malaysia's second largest bank CIMB Group with RHB Capital and Malaysia Building Society to create the country's biggest lender was fraught with risk. "The...
PARIS/BOSTON, July 14 (Reuters): Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check. High profile cases of hackers seizing...
David Wise of Reuter | 2014-07-15 00:00:00
What were they thinking? In the wake of last fall's revelation that the National Security Agency had wiretapped German Chancellor Angela Merkel's cell phone, the report of U.S. intelligence's involvement in two other likely cases of spying on Germany is...
© 2026 - All Rights with The Financial Express
