India’s Finance Minister Arun Jaitley set a fiscal deficit target for this year of 4.1 per cent of GDP as he presented the new government’s 1st budget, while promising cuts in the next few years. He said India urgently needed...
A gunman shot 6 people to death, four of them children, in the outskirts of Houston, Texas, on Wednesday, then surrendered to police after a lengthy standoff in a mass slaying that authorities say was sparked by a domestic dispute,...
Around 150,000 lakh poor and distressed people have been brought under Vulnerable Group Feeding (VGF) programme in Rajshahi district to mark the ongoing month of holy Ramadan and forthcoming holy Eid-ul-Fitre. Under the specialised VGF programme, 1,447 tonnes of rice...
India’s new government has introduced a reform-minded budget focusing on promoting manufacturing and infrastructure, expanding the tax base and overhauling populist subsidies. The budget for the fiscal year ending March, 2015, is being closely watched as an indicator of whether...
Singapore's central bank said on Thursday it would stop issuing Sg$ 10,000 (US $ 8,000) notes to help deter money laundering, with critics complaining the note is the bill of choice for bribe-payers in neighbouring Indonesia. A spokeswoman for the...
Deputy Commissioners (DC) have sought government help to implement the Right to Information Act at the field level. ‘The DCs have spoken of the hurdles they face in implementing the act. They also want the law to be made effective...
The Bangladesh Jute Mills Corporation (BJMC) will not be made a holding company, State Minister for Jute and Textile Mirza Azam said on Thursday. ‘BJMC won’t be made a holding company ever,’ the state minister came up with the assertion...
The government on Thursday appointed M Wahidur Rahman, currently serving as Bangladesh High Commissioner to Kenya, as the new Ambassador of Bangladesh to Egypt. During his diplomatic career, Wahidur Rahman served in Bangladesh missions in Riyadh, Singapore, Jeddah and Bonn,...
Most Asian stock markets rose and the dollar dipped on Thursday after the Federal Reserve indicated it was in no rush to begin raising interest rates, even as it began to plan an exit strategy from an era of loose...
FE Online Report | 2014-07-10 00:00:00
Dhaka Stock Exchange (DSE) extended losing streak for the eighth consecutive session on Thursday with sluggish trading activities as investors remained reluctant to take fresh exposure in the market. The prime index of the Dhaka Stock Exchange (DSEX) went down...
Israeli air strikes killed eight members of a family including five children in a pre-dawn raid on Gaza on Thursday, Palestinian officials said, while Hamas-led fighters launched rockets at Tel Aviv and other Israeli cities. Israel's military had no immediate...
European shares were back in negative territory on Thursday, a brief lift from US Federal Reserve meeting minutes proving short-lived as investors worried whether markets could go it alone without the US central bank's emergency support. Faith in a rally...
Trading at the Dhaka Stock Exchange (DSE) will remain closed for seven days from July 27 on account of Eid-ul Fitr and weekly holidays.There will be no trading at the prime bourses between July 27 and 31 because of Eid...
Russian state companies, the backbone of the economy, can only have accounts at banks with capital of no less than 10 billion rubles ($296 million) or at those with ties to the government, a senior finance ministry official said on...
The High Court has rejected a plea to stop a probe by police's Criminal Investigation Department (CID) into the Naryanganj murders. But the court has revised its earlier order on the matter, instructing the CID to run an 'enquiry' instead...
Three Ukrainian soldiers have been killed and 27 wounded in clashes with pro-Russian separatist rebels in the east of the country, the military said on Thursday. Government forces have recently gained the upper hand in the three-month conflict against separatists...
Prime Minister Sheikh Hasina on Thursday urged the Russian state-run company Gazprom to conduct more seismic surveys in Bangladesh for more gas exploration. Hasina made the request when a delegation of Gazprom International, led by its CEO Valeriy Gulev, met...
Insurgents in Iraq have seized nuclear materials used for scientific research at a university in the country's north, Iraq told the United Nations in a letter appealing for help to ‘stave off the threat of their use by terrorists in...
Civil Aviation and Tourism Minister Rashed Khan Menon on Thursday said that the domestic fights of Biman Bangladesh Airlines will be resumed shortly. For the domestic flights, procurement of aircraft will begin from August, he said while talking to the...
China's trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilize the economy and meet its 2014 growth target. Exports rose 7.2 per cent in June from...
Boeing Co made its most bullish 20-year forecast for jetliner demand since 2011, saying on Thursday the world will need 36,770 new planes worth $5.2 trillion by 2033. The company's annual projection is up 4.2 per cent from its 2013...
German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under US sanctions, sources familiar with the matter said. The penalty, previously reported to be...
Transparency International Bangladesh (TIB) has said the expectations raised by the restoration of parliamentary form of government in the wake of anti-Ershad movement have remained far from fully realised. “Ironically enough, as if to chop off the head for headache,...
Prime Minister Sheikh Hasina on Thursday invited BNP chairperson Khaleda Zia to an Iftar party to be hosted in honour of the country's politicians on July 17. The Iftar mahfil will be held at the Prime Minister's official residence Ganobhaban....
US emerging market fund managers are paying less attention to where a company is located or listed than to whether it's making money, either as an advanced world company doing business in the developing world, or the other way around....
Emergency powers to ensure police and security services can continue to access phone and internet records are being rushed through UK Parliament. Prime Minister David Cameron has secured the backing of all three main parties for the highly unusual move....
Indonesia's outgoing president has urged both camps in Wednesday's election to keep supporters in check while the official count takes place. Both candidates have claimed victory in the presidential election, based on unofficial ‘quick counts’. The majority of these give...
At least six suspected militants have been killed in a US drone strike in the Pakistani tribal region of North Waziristan. The strike hit the border town of Datta Khel, thought to be on the escape route for militants fleeing...
Prime Minister Sheikh Hasina on Thursday dismissed the existence of the much-talked-about Talpatty Island in the Bay of Bengal and criticised the remarks of an ex-BNP minister over Talpatty saying that it was done to undermine the government’s success in...
A Malaysian member of parliament has sparked controversy after he expressed admiration for Germany's win over Brazil in a World Cup semi-final - and Adolf Hitler. Shortly after Germany's 7-1 win, Bung Moktar Radin tweeted: ‘WELL DONE..BRAVO...LONG LIVE HITLER...’ His...
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