NEW DELHI, May 26, (AFP): Pakistan's Prime Minister Nawaz Sharif said the inauguration of Narendra Modi as his Indian counterpart Monday was a "great opportunity" for the two nuclear neighbours to open a new chapter in relations. "It is a...
A passenger train collided with a stationary goods train in India's most populous state on Monday, killing at least 40 people and injuring more than 150, police and railway officials said, reports Reuters. Mangled passenger coaches climbed on top of...
DONETSK, May 26 (AFP): Scores of armed separatists seized control of Donetsk airport Monday, halting flights out of the rebellion-hit eastern Ukraine city in a clear signal of defiance after the country chose a new president. The strategic transport hub...
Journalist gunned down in Libya's Benghazi BENGHAZI, May 26: A newspaper editor and critic of Libya's jihadists was gunned down Monday in the lawless eastern city of Benghazi, an Islamist stronghold, medics said. They said Meftah Bouzid, editor of the...
RAJSHAHI: The transport strike, enforced by Rajshahi Division Bus-Truck Federation in the division was postponed for 10 days till June 7 following a government assurance to fulfil their six-point demand. The decision came at a meeting held at Bogra Motor...
Some 50 border outposts (BOPs) will be opened along the Indian border and around 28 more along the Myanmar border, Border Guard Bangladesh (BGB) officials have said. BGB Deputy Director General Abul Hasnat Md Khairul Bashar said some of the...
Monira Munni | 2014-05-27 00:00:00
The government has formally requested the Accord to share the workers' payment with the factory owners during closure of any garment factory after inspection, sources said. Appreciating the Accord's contribution to improve workplace safety in Bangladesh's garment industry, Labour Ministry...
FE Report | 2014-05-27 00:00:00
Green Delta Insurance Company Limited Monday launched a training institute named 'Professional Advancement Bangladesh Limited (PABL)' in association with Chartered Insurance Association (CII), UK. The institute will impart demand-based trainings to the employees of Green Delta Insurance as well as...
Talha Bin Habib | 2014-05-27 00:00:00
Bangladesh has beefed up its efforts to boost jute goods exports to Syria as political situation in the Middle-Eastern nation has started improving, officials said. The state-run Bangladesh Jute Mills Corporation (BJMC) will export jute goods worth Tk 1.35 billion...
SINTRA, Portugal, May 26: (AFP): The European Central Bank is "alert" to the risks of persistently low inflation, president Mario Draghi said on Monday amid speculation of further interest rates cuts to avert possible deflation. "At present, our expectation is...
Apple is requesting a retrial after a Californian jury ordered Samsung to pay the US company $119m (£71m) in damages for infringing two of its patents, reports BBC. Apple had been seeking damages of $2.2 billion after accusing Samsung of...
HONG KONG May 26 (Reuters) : Retail conglomerate China Resources Enterprise (CRE) said on Monday its first-quarter net profit fell 30.5 per cent, hit by competition from e-commerce and a softer Chinese economy. CRE, which has interests that span beverage...
LONDON: Europe's main stock markets ended higher Tuesday, with Frankfurt's DAX 30 pushing further into record territory as it closes in on the 10,000 point level. The DAX gained 0.49 percent to a record close of 9,940.82 points, its first...
StanChart to close Swiss private bank ZURICH, May 26: Standard Chartered is set to close its Swiss private bank in Geneva, broadcaster Radio Television Suisse (RTS) reported on Monday. The Asia-focused bank said in February it was looking to sell...
Rezaul Karim | 2014-05-27 00:00:00
Bangladesh's export of fresh fruits and vegetable to the European Union (EU) countries is set to hit snags if the authorities do not stop export of betel leaves infected with harmful Salmonella Bacterium, officials said. Trade relations with the EU...
NEW DELHI, May 26 (Reuters): India will move to recover bank guarantees from an aborted 560-million-euro helicopter deal with Italy's Finmeccanica, the defence ministry said, after an Italian court lifted a freeze on 228 million euros held with European banks....
SEOUL, May 26 (Reuters): South Korea and Malaysia have agreed to utilise their currency swap agreement worth around $4.7 billion to boost the use of the won and ringgit , the Bank of Korea and the finance ministry said in...
BANGKOK, May 26 (Reuters): Thailand's new military government will roll over corporate, income and valued-added tax rate cuts, which would otherwise expire this year, and has no plans to impose any capital controls, a senior finance ministry official said on...
WELLINGTON, May 26 (Xinhua): China's demand for dairy products and timber drove a 14-per cent year-on-year rise in New Zealand's total goods exports last month, the government statistics agency said Monday. Goods exports rose to 4.5 billion NZ dollars (US$3.84...
MANILA, May 26 (Xinhua): The Philippines liquidity growth experienced a slowdown from 36.1 per cent in February to 34.8 per cent in March, a central bank official said here Monday. The downward trend is expected to continue throughout the year...
HANOI, May 26 (Xinhua): Vietnam's Consumer Price Index (CPI), the country's main gauge of inflation, is expected to go up slightly in May with an increase of 0.2 per cent over the previous month and 4.72 per cent year-on-year, said...
TOKYO, May 26 (Reuters): Bank of Japan Deputy Governor Kikuo Iwata said on Monday the central bank was ready to adjust monetary policy if the economy overheats and accelerates inflation well above the bank's 2 per cent target for a...
COLOMBO, May 26 (Reuters): Sri Lanka's trade deficit in March narrowed by 15.5 per cent to $602.2 million from $712.8 million a year earlier, central bank data showed on Monday. March exports edged jumped 28.6 per cent from a year...
Yasir Wardad | 2014-05-27 00:00:00
Chicken meat prices shot up by up to 20 per cent in the city amid decline in production at growers' end due to higher temperature, traders said. Maintaining a static price range for the last three months, chicken meat including...
SINGAPORE, May 26 (Bloomberg): Gold held below $1,300 an ounce as investors weighed the outlook for U.S. monetary stimulus against unrest in Ukraine. Assets in exchange-traded funds backed by platinum and palladium climbed to records. Bullion for immediate delivery traded...
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