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Stocks see mix trend at opening

FE Online Report | 2014-05-14 00:00:00

The Dhaka Stock Exchange (DSE) saw positive trend while the Chittagong Stock Exchange (CSE) witnessed downward trend in early hours of trading on Wednesday, the third trading day of the week. DSEX, the prime index of the DSE, went up...

300 denim bales stolen from Ctg Port

2014-05-14 00:00:00

A large quantity of imported items were stolen from a container in one of the yards at Chittagong Port. Chittagong Port Authority (CPA) said 300 bales of denim were stolen from a container in JR Yard on Monday night. A...

China shares open flat

2014-05-14 00:00:00

Chinese stocks were flat at the opening on Wednesday, a day after a slew of economic data raised worries over the weak economy, dealers said. The benchmark Shanghai Composite Index slipped 0.08 per cent, or 1.65 points, to 2,049.08. The...

Barisal Jamaat chief arrested

2014-05-14 00:00:00

Police in a drive arrested the chief of Barisal unit of Jamaat-e-Islami early Wednesday. A team of Kotwali Police Station conducted a drive in Barisal city’s Ground Compound area after Tuesday midnight and arrested Barisal Jamaat Ameer Moajjem Hossain Helal...

Crackdown on tinted glasses enters day 4

2014-05-14 00:00:00

The drives to remove all artificial coverings, including nontransparent and tinted glasses, from car windows, launched by Dhaka Metropolitan Police (DMP), in the city entered the 4th day on Wednesday. The Traffic Department of DMP fined 612 vehicles and also...

Muhith attributes economic slide to Khaleda\\\'s movement

2014-05-14 00:00:00

Finance Minister AMA Muhith on Wednesday blamed BNP chairperson Khaleda Zia for the current economic downtrend as the economy suffered heavily due to nationwide shutdowns, non-stop blockades, bombings and killings. “That’s absolutely Khaleda Zia’s responsibility. It’s squarely based on her...

2.5 kg gold recovered at Benapole border

2014-05-14 00:00:00

Border Guard Bangladesh (BGB) personnel in a drive arrested a man along with 20 gold bars weighting 2.5 kilograms at Benapole union under Sarsa upazila in Jessore on Tuesday night. The arrested is Shah Alam, son of Yakub Ali of...

Maya also wants trial of N\\\'ganj killers

2014-05-14 00:00:00

Disaster Management and Relief Minister Mofazzal Hossain Chowdhury Maya on Wednesday said he also wants the trial of those involved in Narayanganj seven murders, and offered his assistance in this connection. “I also want the trial of the offenders, no...

Asian stocks mixed

2014-05-14 00:00:00

Asian markets were mixed on Wednesday, with another record-breaking close on Wall Street offset by profit-taking after the previous day's healthy gains. The euro was slightly firmer after taking a hit from a survey which showed German investor sentiment at...

Govt doesn\\\'t want to use DGFI politically: PM

2014-05-14 00:00:00

Prime Minister Sheikh Hasina on Wednesday said her government does not want to use the Directorate General of Forces Intelligence (DGFI) politically, rather it wants to uphold the reputation of the organisation as a disciplined institution. ‘It is unfortunate that...

BSF beat Bangladeshi dead in Chuadanga

2014-05-14 00:00:00

A Bangladeshi man was beaten to death allegedly by Indian Border Security Force (BSF) personnel at Damurhuda upazila in Chuadanga district on Tuesday night. The deceased was identified as Hasibur Rahman, 30, son of Mustabir, a resident of Munsipur village....

Turkey mine blast kills 232

2014-05-14 00:00:00

Turkey's prime minister said Wednesday that 232 people are confirmed dead from an explosion at a mine, as rescuers battled to reach potentially hundreds still trapped in one of the country's worst ever industrial disasters. Recep Tayyip Erdogan arrived to...

Tofail for tougher laws to protect expat labour

2014-05-14 00:00:00

Commerce Minister Tofail Ahmed, now in Qatar, has proposed enactment of tougher labour laws to protect expatriate workers from forced overtime and poor living conditions in the countries under the Gulf Cooperation Council (GCC). He said it is necessary to...

Stocks close lower amid sluggish participation

FE Online Report | 2014-05-14 00:00:00

Stocks witnessed steep decline on Wednesday for the fourth running session with participation remained sluggish as investors sold shares fearing further fall. DSEX, the prime index of the DSE ended at 4,457.49 points, shedding 39.62 points or 0.88 per cent...

Abbott defends unpopular budget

2014-05-14 00:00:00

Australian Prime Minister Tony Abbott Wednesday defended his tough first budget which saw swingeing cuts to health and education spending in an attempt to slash the country's massive deficit. The moves triggered anger and claims of broken election promises, but...

Depression main cause of teen illness: WHO

2014-05-14 00:00:00

Depression is the top global cause of illness and disability for adolescents, with suicide the third-biggest cause of death, the World Health Organization said on Wednesday. The finding is in a new report by the UN agency, which has pulled...

We are waiting for MoD steps: Kamal

2014-05-14 00:00:00

The state minister for home says they are waiting for the Ministry of Defence (MoD) to take steps regarding the arrests of three former officers of Rapid Action Battalion (Rab) in connection with Narayanganj 7-murder. The home ministry has done...

EBL introduces Diners Club Int\\\'l Cards

2014-05-14 00:00:00

Eastern Bank Ltd. (EBL), Bangladesh’s leading private commercial bank, Wednesday declared the launching of an exclusive range of cards in association with Diners Club International®, a business unit of Discover Financial Services. EBL will gradually introduce a full range of...

Oil prices up on hints of US exports

2014-05-14 00:00:00

Oil prices extended gains in Asian trade Wednesday following comments by a top US energy official that the world's biggest crude consumer is considering lifting a longstanding ban on exports. New York's main contract, West Texas Intermediate (WTI) for June...

Govt protecting Rab: BNP

2014-05-14 00:00:00

The government is protecting the three former officers of Rapid Action Battalion (Rab) accused of killing seven people in Narayanganj, BNP has alleged. The three men were forced into retirement but they will continue to enjoy all privileges, claimed BNP...

Yahoo buys self-destruct chat app

2014-05-14 00:00:00

Yahoo has acquired Blink, a mobile application that allows users to share messages that self-destruct, in order to poach the talent behind it. The app will reportedly be shut down in the coming weeks so that Blink's seven-person team can...

HC declares mandatory provision of having 2.0pc shares by sponsor directors illegal

2014-05-14 00:00:00

FF killed in road accident

2014-05-14 00:00:00

Madhob Chandra Roy, a freedom fighter (FF), was killed in a road accident at Debiganj upazila in Panchagarh district on Tuesday night. The deceased hailed from Peralbari village of the upazila. Local people said the accident occurred on Karatoa Bridge....

No dithering over arrest of ex-Rab officers: Kamal

2014-05-14 00:00:00

State Minister for Home Asaduzzaman Khan Kamal has ruled out any vacillation in acting against three Rab officers accused of killing seven people including a councillor and a senior lawyer in Narayanganj. “There is no dithering, no vacillation. We will...

Committee needs 1 more month to complete N\\\'ganj probe

2014-05-14 00:00:00

The committee investigating the Narayanganj murders on Wednesday said they need one more month to complete their probe. The body constituted on May 7 following an order by the High Court submitted its findings to it today. “We were formed...

Pakistan tells Indian journalists to leave

2014-05-14 00:00:00

Pakistan has ordered the only two Indian journalists stationed in the country to leave within a week, telling them their visas would not be renewed, officials said Wednesday. Meena Menon of The Hindu newspaper and Snehesh Alex Philip of the...

PM mourns deaths in Turkish coalmine accident

2014-05-14 00:00:00

Prime Minister Sheikh Hasina on Wednesday expressed deep shock over the unfortunate deaths of a few hundred Turkish labourers in a coalmine accident in the Soma district in Turkey on Tuesday. On behalf of the people and the government of...

European stocks slip amid poor eurozone data

2014-05-14 00:00:00

Europe's main stock markets fell Wednesday as investors took profits from recent gains and digested downbeat industrial production data in the eurozone, dealers said. Asian equities also turned mixed following the previous day's healthy gains, as profit-taking offset another record...

Ukraine on brink of civil war

2014-05-14 00:00:00

Russian Foreign Minister Sergei Lavrov said on Wednesday that Ukraine is on the brink of civil war, making it difficult to hold free and fair elections later this month. "When Ukrainians kill Ukrainians I believe this is as close to...

Factories burnt in Vietnam-China row

2014-05-14 00:00:00

Anti-China protesters have set more than a dozen factories on fire in Vietnam in the biggest eruption of rage against Beijing for decades over the deployment of an oil rig in contested waters. China expressed "serious concerns" after Vietnamese workers...