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News in brief

2014-06-09 00:00:00

One beaten to death in Bandarban An accused of a murder case was beaten to death by locals in Aungjoy Para area of Ruangchhari upazila in Bandarban Saturday night. The deceased was Muslim Miah, 24, of the area. Locals also...

Photo: TANGAIL: A horse-drawn carriage crossing through a riverbed

2014-06-09 00:00:00

Photo: NARAYANGANJ: In a scorching summer heat a sip of sugarcane juice

2014-06-09 00:00:00

Detailed DSE Trading

2014-06-09 00:00:00

European stocks rise, DAX closes above 10,000

AFP | 2014-06-09 00:00:00

India, China hold first major talks since Modi win

2014-06-09 00:00:00

NEW DELHI, June 8 (agencies): China's foreign minister began a two-day visit to India  Sunday for the first high-level talks between the world's two most populous nations since Prime Minister Narendra Modi took charge. Wang Yi arrived in New Delhi...

7 arrested as soldiers, police deployed to curb Thai anti-coup flashmobs

2014-06-09 00:00:00

BANGKOK, June 8 (AFP): Thai police arrested seven anti-coup protesters after a flashmob rally held Sunday outside a Bangkok shopping centre in defiance of thousands of security forces deployed city-wide to enforce a ban on political gatherings. Small and increasingly...

Pakistani troops kill 10 militants in southwest

2014-06-09 00:00:00

QUETTA, June 8 (AFP): Pakistani paramilitary forces Sunday killed more than 10 separatist rebels in the violence-stricken southwestern province of Baluchistan as part of a fresh operation to quell a long-running insurgency, officials said. The operation in Dera Bugti district's...

Berlin prayer house unites Jews, Christians, Muslims

2014-06-09 00:00:00

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...

Sisi sworn in as Egypt\\\'s president

2014-06-09 00:00:00

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...

news digest

2014-06-09 00:00:00

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...

Saudi shouts support for Egypt\\\'s new president

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...

BD seeks sukuk rule amendment

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...

Chicken, egg prices rise further due to output fall

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...

China\\\'s commodities imports fall in May on high stocks, tighter credit

2014-06-09 00:00:00

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...

OPEC seen sticking by oil output

2014-06-09 00:00:00

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,...

India monsoon advances as heatwave bakes north

2014-06-09 00:00:00

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...

US corn, wheat rally from 3-month lows on short-covering

2014-06-09 00:00:00

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...

Photo: Senior Secretary of Ministry of Public Administration Dr. Kamal Abdul Naser Chowdhury speaking

2014-06-09 00:00:00

Photo: COLOMBO, Sri Lanka: Foreign tourists walk past artwork for sale

2014-06-09 00:00:00

Bourses stumble after budget

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...

DCCI signs deal with GP

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...

MFs garner Rs 1.5t in May, highest in three years

2014-06-09 00:00:00

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...

Withdrawal of authorised representatives

2014-06-09 00:00:00

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,...

News Briefs

2014-06-09 00:00:00

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...

Photo: Premier Leasing & Finance Limited

2014-06-09 00:00:00

Photo: Pubali Bank Limited

2014-06-09 00:00:00

Sebi seeks parity for pension funds, wants PSU cash in MFs

2014-06-09 00:00:00

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...

Bond funds worldwide attract $4.3b inflows over week: BofA

2014-06-09 00:00:00

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...

Gates Foundation sells stake in Britain\\\'s G4S

2014-06-09 00:00:00

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...