BERLIN, June 8 (AFP): Christians, Muslims and Jews, all praying under the same roof-that's the groundbreaking project of a pastor, a rabbi and an imam in Berlin. Still a sand-strewn vacant construction site, St Peter's Square in the centre of...
CAIRO, June 8 (Reuters): Former army chief Abdel Fattah al-Sisi was sworn in as president of Egypt Sunday in a ceremony with low-key attendance by Western allies concerned by the country's crackdown on dissent since he ousted Islamist leader Mohamed...
Double bombing at party office kills 19 in Iraq BAGHDAD, June 8: A double bombing at a Kurdish party office killed 19 people in a town northeast of Baghdad on Sunday, Iraqi officials said. Police officials said the attack took...
Yara Bayoumy of Reuters from Dubai | 2014-06-09 00:00:00
The most powerful Arab ally of new Egyptian president Abdel Fattah al-Sisi is deploying both threats and promises to ensure the Arab Spring cannot upset a new anti-Islamist front in the Middle East. King Abdullah of Saudi Arabia urged Egyptians...
Ruma Paul and Bernardo Vizcaino of Reuters from Dhaka/Sydney | 2014-06-09 00:00:00
Bangladesh's central bank is seeking to amend rules on its existing Islamic bond (sukuk) programme to broaden its use and allow for a sovereign issuance by the government, enhancing the prospects of Islamic finance in the country. Bangladesh, a majority-Muslim...
FE Report | 2014-06-09 00:00:00
Prices of chicken and egg witnessed further rise in the city markets Sunday amid a decline in production, traders said. Chicken prices, which increased nearly by 20 per cent last week compared with those of the previous week, rose further...
SHANGHAI, June 8 (Reuters): China's imports of major commodities fell in May from the previous month, official customs data showed on Sunday, as companies scaled back on orders after robust shipments in the previous months caused a supply overhang. Falling...
VIENNA, June 8 (AFP): OPEC is set to stick by its oil output ceiling when it meets this week, as supply tensions linked to global crises help to keep crude prices high, benefitting producers. The Organization for Petroleum Exporting Countries,...
NEW DELHI, June 8 (AFP): India's monsoon, dubbed an "economic lifeline", advanced along the southern coast yesterday after arriving nearly a week late as a heatwave baked the north, causing blackouts in the power-starved country. As one of the world's...
CHICAGO, June 8 (Reuters): US corn futures jumped more than 2 per cent on Friday in the strongest gains in a month on technical buying and short-covering after sinking to a three-month low the previous day. Hard red winter wheat...
FE Report | 2014-06-09 00:00:00
The country's both the bourses witnessed a sharp decline Sunday mainly due to investors' dissatisfaction over the proposal of imposing tax on the capital market gains, insiders said. The Sunday's trading session was the first one after the finance minister...
FE Report | 2014-06-09 00:00:00
Dhaka Chamber of Commerce and Industry (DCCI) and Grameenphone (GP) Ltd signed Sunday an agreement of partnership at the GP House in the capital. Under the agreement, the Grameenphone Ltd will be the telecom partner of the inaugural programme of...
NEW DELHI, June 8 (PTI): Investors pumped in a net Rs 1.5 trillion in various Indian mutual fund schemes in May, the highest amount in more than three years. Investors had poured in Rs 1.09 trillion in April. Industry experts...
AIBL Capital: AIBL Capital Market Services Ltd., DSE TREC No. 234, has withdrawn one of its authorised representatives, Mr. Iqbal Ahmed, with immediate effect. LankaBangla Securities: LankaBangla Securities Ltd., DSE TREC No. 132, has withdrawn one of its authorised representatives,...
City Bank gets new independent director Barrister Tanjib-ul Alam has recently been appointed an Independent Director to the board of directors of City Bank Limited. Barrister Alam, the Head of Chamber at Tanjib Alam & Associates, is regarded as one...
NEW DELHI, June 8 (PTI): To help channelise more funds for long-term investment purposes, capital market regulator Securities & Exchange Board of India (Sebi) has suggested to the government that it allow all PSUs to park their surplus cash in...
NEW YORK, June 8 (Reuters): Fund investors worldwide poured $4.3 billion into bond funds in the week ended June 4, while pulling cash out of stock funds despite weaker performance in bonds, data from a Bank of America Merrill Lynch...
LONDON, June 8 (Reuters): Microsoft Corp co-founder Bill Gates has sold his entire stake in G4S Plc, the British security firm trying to bounce back from a series of scandals that have hurt its reputation and profits. Cascade Investment, a...
NEW DELHI, June 8 (PTI): Top eight Sensex companies, led by energy major ONGC, added a whopping Rs 1467.41 billion to their market valuation last week. Amid a strong stock market where the benchmark Sensex gained 4.87 per cent or...
Yasir Wardad | 2014-06-09 00:00:00
The agriculture sector's contribution to the country's GDP (gross domestic product) has declined over the last five years, according to the Economic Review-2014 of the Ministry of Finance (MoF). The share of the broad agriculture sector, including crops, vegetables, forests,...
Syful Islam | 2014-06-09 00:00:00
The Trading Corporation of Bangladesh (TCB) is set to intervene in the kitchen market with adequate stock of essential commodities aiming to keep their prices within the commoners' reach during the month of holy Ramadan, officials said. "Our stock of...
Badrul Ahsan | 2014-06-09 00:00:00
More than one hundred audit officers under the Department of Cooperatives (DoC) might face stern punitive measures for their alleged negligence in auditing multipurpose co-operative societies which resulted in massive financial loss to hundreds of thousands of people across the...
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