TOKYO, May 19 (Reuters): Japanese businesses raised orders for machinery by the most ever in March and expect to book more orders this quarter, another sign that capital investment may buffer the economy from the pain of last month's sales...
WASHINGTON, May 19 (Reuters): The two new nominees to the Federal Reserve's Board of Governors are expected to push for an expanded Fed role in managing the US economy, working to replace the current raft of programs that resulted from...
Industries Minister Amir Hossain Amu urged Danish entrepreneurs Monday to invest in Bangladesh's environment-friendly shipbuilding and pharmaceutical sectors, reports UNB. "If any specific proposal for investment in the potential sectors of Bangladesh is made, it will be considered properly," he...
BANGKOK, May 19 (AFP) : Thailand's economy shrunk 0.6 per cent year on year in January-March, data showed Monday, as the kingdom's festering political crisis battered consumer confidence and frightened off tourists. The contraction is the first since the last...
Philippine economy to double in next decade MANILA, May 19: The Philippine economy will more than double in the next decade as earnings from overseas workers and business outsourcing surge, a respected US-based think-tank said Monday.Once the region's perennial economic...
Yasir Wardad | 2014-05-20 00:00:00
Demand for low Glycemic Index (GI) rice is rising significantly in the country thanks to growing awareness about among the people. The rice, which was commercially distributed by Renata Ltd under the brand name 'Purna', attracted thousands of people in...
LONDON, May 19 (Bloomberg): Wheat dropped for a ninth session, heading for the longest run of declines since September 1998, on speculation that rain may aid US crops, bolstering global supplies. Corn slid to a seven-week low. Wheat fell 9.9...
RIYADH, May 19 (AFP): Saudi Arabia has suspended beef imports from Brazil over fears of a suspected case of atypical mad cow disease detected in the country, the Gulf kingdom said on Monday. The Saudi agriculture ministry announced the "temporary"...
LONDON, May 19 (AFP): Oil prices advanced Monday on escalating violence in crude producer Libya following a coup attempt by a rogue general that has raised concerns about potential supply disruptions, analysts said. The US benchmark, West Texas Intermediate (WTI)...
SINGAPORE, May 19 (Reuters): Gold extended losses to a third straight session on Monday as US data pointed to strong economic growth, while platinum group metals continued to add to gains on supply worries from South African labour strikes. Spot...
PARIS, May 19 (AFP): Grains, metals, meat are just three of the commodities being sucked in by the voracious Chinese economy which is set to be the key driver on raw materials markets this year. French commodity research specialist Cyclope...
FE Report | 2014-05-20 00:00:00
Stocks extended the losing streak for the seventh running sessions on Monday as investors were reluctant to make fresh investments. DSEX, the prime index of the Dhaka Stock Exchange (DSE) came down below 4,400 points mark after five months and...
FE Report | 2014-05-20 00:00:00
Bangladesh Bank governor Dr. Atiur Rahman Monday said 'crop insurance' will be launched very soon. "We are in discussions with insurance companies along with insurance regulator to start crop insurance for the farmers," he said while speaking at inaugural session...
Shahid Hamid, FIH, Chairman, PATA Bangladesh Chapter and Executive Director, Dhaka Regency Hotel & Resort has been elected as a Member of the PATA Board of Directors for two years in the 63rd PATA Annual General Meeting held Sunday at...
DRC-ICAB elects chairman, secretary The 34th Annual General Meeting of Dhaka Regional Committee (DRC) of the Institute of Chartered Accountants of Bangladesh (ICAB) was held recently at ICAB Auditorium. The meeting approved and adopted Financial Statements of DRC for the...
MUMBAI, May 19 (Reuters): The BSE Sensex and the broader Nifty hit a record closing high on Monday as investors continued to switch to stocks with a domestic focus, such as NTPC, on hopes the new government to be led...
Contraband gold has continued to make its way into Bangladesh through the country's two international airports in Dhaka and Chittagong. Customs officials at Hazrat Shahjalal (RA) International Airport in Kurmitola in Dhaka have seized 10 gold bars, each weighs 1kg,...
FE Online Report | 2014-05-20 00:00:00
The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend in early hours of trading on Tuesday, after a week-long downturn. DSEX, the prime index of the DSE, went up...
Four ceramic factory workers, including three female ones, were killed after the bus carrying them to work fell into a roadside ditch in Dhamrai area of Savar on Tuesday. Another 25 workers were badly injured in the accident near Dhautia...
A signing ceremony for participation in 'Refinance Scheme for Agro-based Product Processing Industries in Rural Areas and for Small Enterprises' was held recently in Bangladesh Bank. The agreement was signed between Bangladesh Bank and Union Capital Limited. The ceremony was...
LONDON, May 19 (AFP): British drugmaker AstraZeneca on Monday rejected a final $117-billion takeover bid from US rival Pfizer, appearing to put an end to the saga. Pfizer had lodged a fourth and final offer worth 85 billion euros or...
LONDON, May 19 (Reuters): Europe and Asia dragged world equity markets lower on Monday as concerns about slower growth in China prompted investors to cut their risks. The dollar slipped against major currencies after expectations for continued monetary support from...
NEW DELHI, May 19 (Reuters): Jaiprakash Power Ventures Ltd plans to raise up to 30 billion rupees ($508 million) in new debt and equity to fund future projects and pay down its debts, the company said on Monday, sending its...
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