HONG KONG, May 22 (Reuters): Hong Kong shares closed at their highest level in more than five weeks on Thursday, helped by strong gains in energy companies after China and Russia signed a massive gas deal. Shares were also buoyed...
SINGAPORE, May 22 (Reuters): Singapore shares eked out small gains on Thursday, with transport stocks seeing mixed trading after authorities announced on Wednesday sweeping changes to the public bus services. The benchmark Straits Times Index was higher 0.2 per cent...
IICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on May 21, 2014, said a...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different open-end mutual funds (MFs) at the close of business operation on May 21, 2014, said...
Sony boss pledges turnaround exit by early next year TOKYO, May 22: Sony's chief executive pledged Thursday to drag the embattled electronics giant out of a painful restructuring in the current fiscal year and pointed to high-definition technology as a...
Industries Minister Amir Hossain Amu Thursday said the tannery relocation would be completed by March next year, and the tanners could start production from April at the Savar Tannery Estate. The minister was briefing journalists at the tannery site in...
FE Report | 2014-05-23 00:00:00
The Bangladesh Bank (BB) has asked all scheduled banks to appoint five to ten officials in each bank at the district level to work as mentors for grooming information and communication technology (ICT) entrepreneurs. This initiative has been taken to...
FE Report | 2014-05-23 00:00:00
The local poultry feed producers have urged the government to shut the toxic feed mills producing hazardous feed from tannery wastes in order to ensure quality protein supply. The Feed Industries Association Bangladesh (FIAB) at a meeting at its office...
SAINT PETERSBURG, May 22 (AFP): President Vladimir Putin's showcase economic forum opened in his hometown on Thursday amid worrying times for Russia's economy and pullouts by Western business chiefs over the crisis in Ukraine. Fresh from signing a huge $400...
BEIJING, May 22 (Reuters): China's factory sector turned in its best performance this year in May but still contracted for the fifth straight month, a survey showed on Thursday, with divergent signals on exports and jobs pointing to an uncertain...
MUMBAI, May 22 (PTI): Gold prices tumbled to 10-month low and closed below the key Rs 28,000 per 10 gram mark at the bullion market here today following frantic unwinding after the RBI eased curbs on import of the yellow...
PRETORIA, May 22 (AFP): South Africa's Reserve Bank slashed its growth forecast for this year and kept rates on hold Tuesday, warning a prolonged mining strike could have a further "potentially devastating" impact on the economy. Painting a bleak picture...
FE Report | 2014-05-23 00:00:00
Commerce Minister Tofail Ahmed called upon the developed countries Thursday to allow duty free and quota free (DFQF) market access of the least developed countries' (LDCs) products to their markets. He said as per the ministerial meeting of the World...
The government may enact specific laws to ensure optimum and proper use of land, especially agricultural land. "Unplanned urbanisation and setting up of mills and factories have been posing a great threat to arable land and hampering activities of the...
NEW DELHI, May 22 (Reuters): India's finance ministry is working on a proposal for the new government to cut welfare spending and rein in the deficit in its first budget, to allay fears of fiscal slippage that would increase the...
TIRANA, May 22 (Xinhua): European Bank for Reconstruction and Development (EBRD) will provide 60 million euros (about US$82 million) to support small and medium-sized businesses in the Western Balkans, according to the ATA news agency. EBRD Western Balkans director Claudio...
WASHINGTON, May 22 (AFP): New claims for US unemployment insurance benefits rose last week from a seven-year low as the labour market slowly improves, official data released Thursday showed. Initial jobless claims, a measure of the pace of layoffs, totalled...
KABUL, May 22 (AFP): Afghanistan's aid-dependent economy is slowing markedly as NATO troops withdraw, the International Monetary Fund (IMF) said Wednesday, warning that violence, political instability and lack of reform threaten future growth. Gross domestic product (GDP) growth will slide...
The UNDP-supported Access to Information (A2I) Programme of the Prime Minister's Office (PMO) has signed Memorandums of Understanding (MoUs) with eight privately-owned organisations to promote e-commerce in rural areas in the country. The singing ceremony was held at the PMO...
Prime Minister Sheikh Hasina has urged the private entrepreneurs to go for more processed fish export, including shrimp, with value addition alongside exporting Halal meat and other items to grab the greater international market. "We've a great scope for exporting...
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