LONDON, June 9 (Reuters): World shares were within touching distance of an all-time high on Monday, spurred on by the potent combination of record low global interest rates and the improving health of major economies. European markets were on the...
LONDON, June 9 (Reuters) : Brent crude oil rose above $109 a barrel on Monday as strong Chinese trade data and US jobs figures pointed to healthy economic growth and higher oil demand from the world's top two consumers. Expectations...
TOKYO, June 9 (AFP) : Sony are winning the console wars for the first time in nearly a decade, a company official confirmed Monday, offering a rare bright spot on the firm's otherwise troubled balance sheet. Stellar sales of the...
HANOI, June 9 (VietNamNet Bridge): This is the third consecutive year Vietnam has experienced a tough year in rice exports. Bountiful rice crops have been harvested in many countries in the world, while rice inventories have increased for the seventh...
HANOI, June 9 (VietNamNet Bridge): The period's encouraging growth rate signalled that the footwear industry was well on track to reach $12 billion export target set for this year, it said. From January to May, US, Japan and UK remained...
FE Report | 2014-06-10 00:00:00
Industries Minister Amir Hossain Amu said Monday the government has taken initiative to generate renewable energy in order to ensure environment-friendly green industrialisation. He said 27 per cent of power is being wasted due to absence of coordination among the...
FE Report | 2014-06-10 00:00:00
There is no possibility of price hike of essentials in the upcoming holy month of Ramadan, commerce minister Tofail Ahmed said Monday. He was talking to reporters after a meeting between the ministry of commerce (MoC) and businessmen. The MoC...
Rezaul Karim | 2014-06-10 00:00:00
The state-owned commercial banks (SoCBs) were facing a problem, as a large volume of loans was lying unrealised from the government's petroleum product distribution wing. Until March last, the loans of the state-run Bangladesh Petroleum Corporation (BPC) with the SoCBs...
TOKYO, June 9 (Reuters): The Bank of Japan may slightly raise its assessment of overseas economies on Friday, people familiar with the bank's thinking said, a sign that the bank remains confident that sluggish exports will pick up and help...
Russia to delay privatisation plans again MOSCOW, June 9 : Russia is putting off the planned privatisation of three companies this year, a government minister was quoted as saying on Monday, the latest delay in a programme increasingly held hostage...
Nobel Laureate Prof Muhammad Yunus has planned to set up Social Business Villages (SBVs) in the second phase of 'Nobin Udyokta' (new entrepreneurs) initiative, reports UNB. "To make it an autonomous and economically viable entity, we take a union, the...
TOKYO, June 9 (AFP) : Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in consumer confidence indicated sentiment was improving despite...
Agriculture Minister Matia Chowdhury said Monday the government in the current fiscal year (FY), 2013-14, has implemented 30 projects and 136 programmes under Bangladesh Agricultural Development Corporation (BADC), reports BSS. The minister said to gear up the agriculture extension activities,...
TOKYO, June 9 (AFP) : The dollar and euro edged up against the yen in Asia on Monday as confidence was boosted upbeat US jobs data that suggested a recovery in the world's number one economy is well on track....
Taiwan exports up for fourth month at 1.4pc cent in May TAIPEI, June 9: Taiwan's exports rose 1.4 per cent year-on-year in May to register a fourth consecutive month of growth, bolstered by strong demand for electronics, the government said...
FE Report | 2014-06-10 00:00:00
The price indices of both the bourses Monday reversed following investors' buying spree with anticipating a possible review of proposed budgetary measures, insiders said. "Many investors have come to know that the moves have been taken by the securities regulator...
FE Report | 2014-06-10 00:00:00
A new 102 megawatt (MW) furnace oil-fired independent power producer (IPP) plant -- Digital Power & Associates Ltd -- a sister concern of Orion Group, started commercial operation Sunday. The power plant, located on the bank of the Buriganga river...
Top security solution vendor, Kaspersky Lab, recently launched its latest 2015 editions of Internet Security and Anti Virus for home PC users. Bangladesh is the first country in the world to launch this new product range. "We have full focus...
New MD of Dhaka Bank Mr. Niaz Habib has been appointed as the new Managing Director of Dhaka Bank Limited recently. Prior to his present position, he has been working as the Additional Managing Director of the Bank. He is...
Ismail Hossain | 2014-06-10 00:00:00
The microcredit regulator is cautious now about money laundering and terror financing activities by micro-finance institutions (MFIs). The Microcredit Regulatory Authority (MRA) issued a circular recently requiring the country's MFIs to directly report to the Bangladesh Financial Intelligence Unit (BFIU)...
HONG KONG, June 9 (AFP): Asian markets mostly rose Monday, buoyed by another record close on Wall Street in response to an impressive US jobs report, an upward revision of Japanese economic growth and healthy Chinese export figures. The euro...
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