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Photo: The election of working committee and executive conference for 2014/16 tenure of Dhaka Chapter of OFA

2014-06-19 00:00:00

Sensex falls over 250 points on Iraq conflict

2014-06-19 00:00:00

MUMBAI, June 18 (Reuters): The BSE Sensex and Nifty slipped more than 1 percent on Wednesday, falling for three out of four sessions as blue-chips including oil refiners slumped on concerns about the impact of higher oil prices on inflation...

European stock markets up

2014-06-19 00:00:00

LONDON, June 18 (Reuters): European stock markets edged up on Wednesday to go back within reach of multi-year highs reached last week, with insurer Aegon rallying after announcing a share buyback programme. However, gains on the stock markets were capped...

Stock exchange pricing model comes under fire at Senate hearing

2014-06-19 00:00:00

WASHINGTON, June 18 (Reuters): The pricing model used by US stock exchanges to attract liquidity came under fire on Tuesday, as a top Wall Street executive called for ending the practice and two US  senators raised concerns about the potential...

Hong Kong shares end flat

2014-06-19 00:00:00

HONG KONG, June 18 (Reuters): Hong Kong shares finished a choppy session little changed on Wednesday, with turnover staying low as global markets brace for results from the US Federal Reserve policymaking meeting. The Hang Seng Index closed down 0.1...

US stocks edge lower as investors eye Fed

2014-06-19 00:00:00

NEW YORK, June 18 (AFP): Wall Street stocks Wednesday opened slightly lower as investors looked ahead to a policy announcement from the US Federal Reserve later in the day. Six minutes into trade, the Dow Jones Industrial Average fell 27.00...

Creating new entrepreneurs stressed

2014-06-19 00:00:00

Governor of Bangladesh Bank (BB) Dr Atiur Rahman Thursday emphasised on creating new entrepreneurs for the development of the country. "Nearly 55 per cent of the total population of the country is youth and it is possible to build our...

Punj Lloyd hits 52-week high

2014-06-19 00:00:00

MUMBAI, June 18 (Business Standard): Punj Lloyd has soared 20 per cent to Rs 57.70, also its 52-week high on BSE, on back of heavy volumes. Till 1305 hours, a combined 49.37 million shares representing over 15 per cent stake...

China to start direct yuan trade with British pound

2014-06-19 00:00:00

China will start direct trade between its yuan and Britain's pound Thursday, the country's foreign exchange trade platform said, in another step in its push to internationalise the unit. Sterling and the Chinese renminbi, the yuan's other name, will be...

IPO Diary

2014-06-19 00:00:00

Russia to build gas pipeline to China in Aug

2014-06-19 00:00:00

Russia's energy giant Gazprom said Wednesday it will start welding seams of its major pipeline for gas supplies to China in August. "We have a clear action plan. We have distributed all duties and we have set tough deadlines," Gazprom...

Photo: The 313rd meeting of the Board of Directors of Social Islami Bank Limited

2014-06-19 00:00:00

BNP concerned over BD expats security in Iraq

2014-06-19 00:00:00

BNP on Thursday voiced concern over what it said the government’s inaction in ensuring the security of Bangladeshis living in troubled Iraq and bringing them back home. In a statement, BNP acting secretary general Mirza Fakhrul Islam Alamgir said, “We...

Photo: The 4th Annual General Meeting of the shareholders of Bangladesh Development Bank Ltd., (BDBL)

2014-06-19 00:00:00

Directives to keep Ramadan mkt under control

2014-06-19 00:00:00

The Ministry of Commerce on Thursday issued a set of directives for the traders, including the mandatory display of price list, and asked them to strictly follow those instructions to avoid trade license suspension. The instructions came well ahead of...

Photo: Chairman of Phoenix Insurance Company Limited

2014-06-19 00:00:00

Brazil getting better despite Mexico draw: Scolari

2014-06-19 00:00:00

FORTALEZA, Brazil, June 18 (AFP): Brazil coach Luiz Felipe Scolari said that the World Cup hosts had reason to be satisfied with their performance despite being held to a 0-0 Group A draw by Mexico in Fortaleza on Tuesday. The...

World Cup highlights Asia\\\'s illegal betting boom

2014-06-19 00:00:00

HONG KONG, June 18 (AP): As teams battle for football glory at the World Cup in Brazil, the biggest winners from the tournament may be illegal bookmakers in Asia. Since kickoff, Chinese officer worker Chen has already wagered 2,000-3,000 yuan...

Herrera hails \\\'greatest WC performance\\\' from Ochoa

2014-06-19 00:00:00

FORTALEZA, Brazil, June 18 (AFP): Mexico coach Miguel Herrera admitted that he had never seen a better goalkeeping display at the World Cup than that by Guillermo Ochoa in his side's 0-0 draw with Brazil on Tuesday. Ochoa's heroics helped...

Belgium battle back to down Algeria

2014-06-19 00:00:00

BELO HORIZONTE, Brazil, June 17 (AFP): Dark horses Belgium staged a late fightback to beat Algeria 2-1 and deny the Africans a first World Cup win in 32 years on Tuesday. Second-half goals from substitutes Marouane Fellaini and Dries Mertens...

Ashraful gets 8-year fixing ban

2014-06-19 00:00:00

Former Bangladesh captain Mohammad Ashraful and ex-New Zealand batsman Lou Vincent were handed lengthy bans from all forms of cricket Wednesday for their roles in a Twenty20 match-fixing scandal, reports AFP. A special tribunal set up to investigate claims of...

Bangladesh concede 47-run defeat to India

2014-06-19 00:00:00

Bangladesh lost the three-match ODI series 0-2 after a frustrating 47-run defeat against India equaling their lowest ODI score of 58 in the rain-interrupted low scoring 2nd ODI match at the Sher-e-Bangla National Cricket Stadium in Mirpur on Tuesday, reports...

Arif banned for life over fixing by ECB

2014-06-19 00:00:00

LONDON, June 18 (AFP): Former Sussex bowler Naveed Arif has been banned for life from cricket after pleading guilty to six corruption offences, the England and Wales Cricket Board (ECB) announced Wednesday. Arif, a Pakistani, had previously been charged with...

Brathwaite, Bravo put Windies on top

2014-06-19 00:00:00

PORT OF SPAIN, June 17 (AFP): Centuries by Kraigg Brathwaite and Darren Bravo put West Indies in control at 310 for five in reply to New Zealand's first innings total of 221 at stumps on the second day of the...

Japan, Greece face moment of truth

2014-06-19 00:00:00

NATAL, Brazil, June 18 (AFP): Japan and Greece face a high-stakes World Cup shoot-out here on Thursday after opening match defeats which have left their participation in the tournament hanging by a thread. With Japan outmuscled by Ivory Coast 2-1...

sports digest

2014-06-19 00:00:00

Muralitharan joins Australian coaching team SYDNEY, June 18: Sri Lankan spin great Muttiah Muralitharan announced Wednesday he will join the Australian coaching team for their series against Pakistan in the United Arab Emirates. The world's leading Test wicket taker is...

Photo: SEOUL, Republic Of Korea: South Korean football fans react as their team scores a goal,

2014-06-19 00:00:00

Chicken price on declining path

FE Report | 2014-06-19 00:00:00

Chicken meat prices have declined in the last two days thanks to increase in supply, traders said. Nationwide hot spell earlier this month pushed the prices of chicken meat up, but the prices went down with falling temperature, they said....

Chinese putting wind in sails of Greek recovery

2014-06-19 00:00:00

ATHENS, June 18 (AFP) : Greece rolls out the red carpet Thursday for Premier Li Keqiang as the cash-strapped eurozone nation looks for Chinese investment to put wind in the sails of its recovery. Li's visit comes just a month...

Japan May trade deficit shrinks as energy imports fall

2014-06-19 00:00:00

TOKYO, June 18 (AFP) : Japan's trade deficit narrowed in May as imports turned down for the first time in a year and a half, data showed today, but weaker shipments abroad helped keep the trade balance in the red....