LONDON, May 29 (Reuters): Global shares flirted with an all-time peak on Thursday while the euro touched its weakest in more than two months on bets the European Central Bank (ECB) would unveil new stimulus measures next week. ECB policymakers...
SHANGHAI, May 29 (AFP): Chinese e-commerce giant Alibaba, which is preparing a massive US stock offer, plans to reveal the 28 people who effectively control it, the firm said, as it apparently seeks to ease future shareholders' concerns, the Wall...
NEW YORK, May 29 (Reuters): The S&P 500 snapped a four-session winning streak on Wednesday to end just shy of a third straight record closing high. The benchmark index had gained for four straight sessions as investors' appetite for equities...
HONG KONG, May 29 (Reuters): Shares of two listed units of Chinese oil giant Sinopec Group - drilling equipment maker Kingdream and Sinopec Yizheng Chemical Fibre Co Ltd 1033.HK - were suspended from trading on Wednesday, pending announcements on transactions...
May 29, 2014 Company Profile Lafarge Surma Cement Ltd. (DSE: LAFSURCEML) was incorporated in November, 1997 as a private limited company. Later in 2003, the company went public and got listed in both DSE and CSE. The company is a...
The government will implement a number of projects, including 1200-megawatt Matarbari Ultra Super Critical coal-fired power plant in Cox's Bazar with a Japanese loan package under the 35th Official Development Assistance (ODA), said the state minister for Foreign Affairs Thursday,...
FE Report | 2014-05-30 00:00:00
There is an urgent need for greater involvement of corporate entities in corporate social responsibility (CSR) activities for the betterment of the society. Companies' contributions through CSR initiatives not only help ensure their commitment to the society, but they get...
MAPUTO, May 29 (AFP): Africa's fast growing economies need to spend $93 billion a year just to bring infrastructure up to speed, the head of the IMF said on Thursday, sketching out the daunting challenges still faced by the continent....
WASHINGTON, May 29 (Reuters) - If U.S. lawmakers reverse a 40-year ban on oil exports it would add more than $1 trillion to government revenues through 2030, trim fuel prices, and add an average of more than 300,000 jobs a...
BEIJING, May 29 (AFP): European businesses fear the "good times are over" in China, a survey showed Thursday, citing the country's slowing economic growth, rising labour costs, falling profits, regulatory hurdles and pollution. The Business Confidence Survey 2014 report, released...
China's official PMI to rise slightly in May BEIJING, May 29: Growth in China's manufacturing sector may have quickened slightly in May on an expected improvement in demand, a Reuters poll found, adding to budding hopes that the world's second-biggest...
THIMPHU, May 29 (PTI): India has agreed to build four new joint venture hydropower projects in Bhutan as the two governments agreed to closely coordinate on issues relating to their national security and interests. Prime Minister Narendra Modi met his...
COLOMBO, May 29 (AFP): Sri Lanka missed its foreign investment target last year because of bureaucratic delays, which would pull down economic growth in the formerly war-torn island, a minister said Thursday. Investment Promotion Minister Lakshman Yapa Abeywardena said red-tape...
ASTANA, Kazakhstan, May 29 (AFP): Russian President Vladimir Putin on Thursday signed a deal creating an economic union with Belarus and Kazakhstan, with Ukraine conspicuously absent after it turned its back on Moscow. "Russia, Belarus and Kazakhstan are going over...
ROME, May 29 (Xinhua): Poverty indicators improved in Italy in 2013 and the number of "seriously deprived" families fell, the annual report by National Institute of Statistics (ISTAT) showed on Wednesday. The ISTAT data indicated that the number of "seriously...
MANILA, May 29 (AFP): The Philippines' roaring economy cooled in the first quarter of the year as the impacts of Super Typhoon Haiyan and other natural disasters hit harder than expected, official data showed Thursday. Economic growth slowed to 5.7...
NICOSIA, May 29 (Xinhua): The Central Bank of Cyprus announced a reversal in bank deposits trend on Wednesday, indicating the economy is on the road to getting out of its crisis following its chaotic bailout of the eastern Mediterranean island...
FRANKFURT, May 29 (AFP): The eurozone is making progress in strengthening its banking sector following the long years of crisis, but new risks are emerging, the European Central Bank said on Wednesday. "Euro area banks have accelerated the clean-up and...
KUALA LUMPUR, May 29 (Reuters): Malayan Banking Bhd (Maybank), Malaysia's biggest bank by assets, said first-quarter net profit climbed 6.3 per cent, helped by strong loan growth, particularly at its Islamic banking division. Southeast Asian banks have been on a...
NEW YORK, May 29 (AFP): Apple, seeking to bolster its position in the hotly contested online music sector, said Wednesday it was buying Beats Music and Beats Electronics in a much-hyped deal worth $3 billion. The move is expected to...
NEW DELHI, May 29 (AFP): Asia's largest budget carrier AirAsia will start flying in India from June 12 with a new no-frills airline, its group chief executive said Thursday. Malaysia-based AirAsia won approval from India's regulators in March last year...
SYDNEY, May 29 (Reuters): Australian business investment fell again in the first quarter but spending plans for 2014/15 were revised higher, a positive for the economic outlook - a fillip for the local dollar. Thursday's survey from the Australian Bureau...
Yasir Wardad | 2014-05-30 00:00:00
Sales at the country's biggest fabric wholesale market at Islampur in the city have got a momentum as hundreds of traders from different parts of the country have started thronging it to collect the best for their customers. Traders concerned...
LONDON, May 29 (Bloomberg): Gold futures reached a 16-week low in New York amid speculation that the U.S. will rebound from its winter slowdown. The American economy contracted for the first time in three years from January through March, a...
NEW DELHI, May 29 (Reuters): Indian oilseeds and vegetable oil futures rose on Thursday, bucking weak trends in the overseas market where palm oil dropped for a fifth consecutive session. Malaysian palm oil, which is on track for a third...
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