Chinese stocks closed flat on Tuesday with investors concerned that the renewal of initial public offerings (IPOs) on the mainland will cause a glut and soak up much cash. The benchmark Shanghai Composite Index edged up 0.69 points to 2,028.04...
Police have detained a businessman, who reportedly had been missing since Monday morning, for staging his ‘abduction’. Businessman Md Amanullah was found and nabbed on Tuesday night in Langolbandh area in Narayanganj district, police said. He was taken to the...
Hong Kong shares fell 1.08 per cent in the morning session on Wednesday, in line with regional losses, following a sell-off on Wall Street. The benchmark Hang Seng Index tumbled 237.67 points to 21,738.66 by the break on turnover of...
At least three people were killed as a truck crashed into another truck on Bangabandhu (Jamuna) Bridge Link Road in Kalihati upazila in Tangail early Wednesday. Two of the deceased were helpers of the two trucks involved in the accident,...
The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Wednesday, maintaining the previous session’s upward trend. DSEX, the prime index of the DSE,...
Thailand's share markets touched their lowest in nearly 4 weeks on Wednesday as large caps were hit ahead of a court ruling on the Prime Minister, while shares in Malaysia trimmed losses after March exports growth came in line with...
Asian markets fell on Wednesday with a stronger yen sending Tokyo tumbling after a long weekend, while a sell-off on Wall Street and tensions in Ukraine added to downward pressure. Investors are awaiting the congressional testimony of US Federal Reserve...
Film producer Shish Monwar has been sent to jail over the reported abduction of an employee of his firm. Dhaka Metropolitan Magistrate Maruf Hossain has ordered him to jail after rejecting the bail prayer. Monwar had been produced before the...
A loco master (driver) of a Chittagong University (CU) shuttle train, who was abducted allegedly by Bangladesh Chhatra League (BCL) activists on Wednesday morning, was freed by his captors in Muradpur area in the port city, three hours after his...
US Deputy Assistant Secretary Robert F Ichord started his four-day Bangladesh trip on Wednesday to discuss issues related to energy sector. During his visit here, Ichord, who serves as Deputy Assistant Secretary in the Bureau of Energy Resources, will hold...
Three officials of Rapid Action Battalion (Rab), who are accused of taking money to carry out the multiple murders in Narayanganj, have been discharged. The Inter Services Public Relations Directorate (ISPR) confirmed to bdnews24.com that Lt Col Tarek Sayeed Mohammad,...
Bangladesh Bureau of Statistics (BBS) has said inflation rate in the country is gradually declining and attributed this to political stability. The point-to-point inflation dropped to 7.46 per cent in April from 7.84 per cent in March, BBS Director General...
A Thai court has ruled that Prime Minister Yingluck Shinawatra must step down over abuse of power charges. The Constitutional Court ruled that Ms Yingluck acted illegally when she transferred her national security head. The binding decision also orders nine...
Prime Minister Sheikh Hasina has handed over cheques of financial assistance to one gallantry award recipient freedom fighter (FF) and family members of other eight such FFs. PM's Special Assistant Mahbubul Hoque Shakil said the Prime Minister distributed the cheques...
The government on Wednesday appealed seeking punishment of 69 acquitted accused in BDR mutiny and carnage cases. A trial court on November 5 last year sentenced 152 people to death, handing down life term imprisonment to 161 others, sentencing 261...
The High Court (HC) has stayed the initial public offering (IPO) of Khulna Printing and Packaging Limited (KPPL). An HC bench issued an order on Wednesday and a rule as to why the IPO will not be cancelled. Earlier, media...
Amethi, a stronghold of India's governing Congress party, is among 64 seats voting in the eighth phase of the mammoth general election. The seat, held by party leader Rahul Gandhi, has been at the centre of a row after the...
Coroners have submitted the autopsy reports of Narayanganj City Corporation (NCC)'s panel mayor Nazrul Islam, senior lawyer Advocate Chandan Kumar Sarkar and five other local Awami League/Jubo League leaders and activists. Narayanganj District Hospital’s resident physician Md Asaduzzaman Miah, who...
FE Online Report | 2014-05-07 00:00:00
Stocks edged marginally higher on Wednesday for the second running sessions with declined slightly as investors remained in cautious mood. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,575.50 points, gaining 12.53 points or 0.27 per...
Iran's President Hassan Rouhani has vetoed a plan to ban WhatsApp, following a row over censorship of the popular messaging application, media reports said Wednesday. Access to social networks, including Twitter and Facebook, are routinely blocked by Iranian authorities, as...
The crisis in Ukraine is beginning to hurt the German economy, with industrial orders, a key measure of demand for German-made goods, taking an unexpected hit in March, data showed on Wednesday. After rising consistently for the preceding four months,...
Air France unveiled its new first-class seat in Shanghai on Wednesday, fuelling an international luxury-armchair race to win over Asia's rising number of high fliers. The airline's "haute couture" suite will feature a seat that reclines into a bed stretching...
The prosecution on Wednesday filed an appeal in the High Court seeking punishment for 69 accused who were acquitted in BDR mutiny and massacre cases. A trial court in Dhaka last year cleared 277 accused of charges. Appeal was not...
Impress-Newtex Composite Textiles Limited (INCTL) has recently signed an agreement with IDLC Investments Limited to raise capital through Initial Public Offering (IPO). IDLC Investments Limited will act as Manager to the Issue for the IPO. INCTL is a flagship company...
Bank giant HSBC said on Wednesday that its net profit slid 18 percent in the first quarter as lower revenues offset cost-cutting, but added that bad debt charges fell. Profit after tax stood at $5.069 billion (3.64 billion euros) in...
Turkey has decided to place a firm order with US aerospace giant Lockheed Martin for two F-35 stealth fighter jets, a defence source said on Wednesday. "Two orders will be placed," the source said on condition of anonymity, adding that...
The evacuation of rebels from their last stronghold in the Syrian city of Homs is under way, activists say. The first buses left the Old City on Wednesday morning under a deal brokered by the United Nations. At least two...
A team of US experts has been sent to Nigeria to help find more than 200 schoolgirls abducted last month by the militant group Boko Haram. US President Barack Obama said the team comprised personnel from military, law enforcement and...
A court in Natore on Wednesday convicted eight people and sentenced them to life term imprisonment for killing a man in 1999. The convicts are - Jahidul Islam, Jahurul, Jamal, Liakat, Abu Ziar, Babu, Mahbub Alam Bhuttu and Rabiul Islam....
Railways Minister M Mujibul Haque on Wednesday said the services of the country’s railways sector will be improved further soon. “The railway services will be improved soon as various projects have been taken for its development, and some of those...
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