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The necessity of apathy test for accountants

Dipok Kumar Roy | 2014-04-26 00:00:00

Accountants, of course, the chartered accountants (CAs) working as auditors also, should think about where they should move before taking a single step ahead. In their every step ahead they should be fully alert to their professional assignment before achieving...

DSEX surpasses 4,700-pt mark

Babul Barman | 2014-04-26 00:00:00

Stocks cruised to a higher path for the second straight week and key index of the prime bourse crossed the 4,700-point mark with improved turnover, driven by banks and multinational companies. All the five trading sessions of the week gained....

DSE

2014-04-26 00:00:00

Obama in Seoul as N Korea nuclear test fears grow

2014-04-26 00:00:00

SEOUL, Apr 25 (AFP): Barack Obama arrived in Seoul Friday to growing signs North Korea was defiantly readying another nuclear test, and with South Koreans in a state of national mourning over the sinking of a ferry full of schoolchildren....

India split over BJP\\\'s Modi

2014-04-26 00:00:00

NEW DELHI Apr 25 (BBC): India's marathon general election appears to have split the country politically into two halves -- people who support and oppose Narendra Modi, the controversial prime ministerial candidate of the main opposition Bharatiya Janata Party, writes...

Ukraine accuses Russia of seeking \\\'third world war\\\'

2014-04-26 00:00:00

KIEV, April 25 (agencies): Kiev accused Moscow on Friday of seeking to trigger a "third world war" as military tensions soared in east Ukraine and US President Barack Obama led a diplomatic charge against Russia. A rocket-propelled grenade blew up...

More teams withdraw, Nepal\\\'s Everest season in jeopardy

2014-04-26 00:00:00

NEPAL,  Apr 25 (Reuters): Several foreign climbing expeditions have called off attempts to scale Everest following an avalanche that killed at least 13 local guides, meaning Nepal faces an entire season without a single ascent of the mountain for the...

news digest

2014-04-26 00:00:00

Death toll rises to eight in east India poll attack PATNA, Apr 25: The death toll from an ambush by Maoist rebels rose to eight in an insurgency-hit region of eastern India, police said Friday after the latest deadly attack...

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2014-04-26 00:00:00

Indian shares retreat from record highs as earnings disappoint

2014-04-26 00:00:00

MUMBAI, Apr 25 (Reuters): Indian shares fell on Friday, retreating from fourth consecutive record highs hit earlier in the session on the back of disappointment over earnings from market heavyweights including ICICI Bank Ltd. The results sparked doubts about the...

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2014-04-26 00:00:00

Tokyo investors eye US, Japan central bank meetings

2014-04-26 00:00:00

TOKYO, Apr 25 (AFP): Tokyo investors will be looking to US and Japanese central bank meetings next week as well as a series of earnings from firms including Panasonic and Japan Airlines. The Federal Reserve kicks off a two-day meeting...

weekly foreign exchange market review

2014-04-26 00:00:00

Taka remains stable April 20 - April 24, 2014 Commercial Bank of Ceylon PLC The exchange rate of Taka vis-à-vis US dollar maintained stable tone last week. The market will see the same tone next week as well. The average...

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2014-04-26 00:00:00

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2014-04-26 00:00:00

Bicycle export misses target

2014-04-26 00:00:00

Ismail Hossain The export of bicycle has increased by 7.12 per cent -- some 4.31 per cent less than the target -- during the first three quarters of the current fiscal year (FY), 2013-14. The market players said the export...

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2014-04-26 00:00:00

State sugar mills struggle with surging stockpile

Rezaul Karim | 2014-04-26 00:00:00

Around 221,555 tonnes of sugar valued at Tk 9.0 billion remain unsold in state-run mills, forcing them to delay payment to banks. Stocks of sugar at the state-run sugar mills have been piling up since 2013 due to price fall...

Microsoft beats Wall Street on new CEO debut

2014-04-26 00:00:00

SEATTLE, Apr 25 (Reuters) :  Microsoft Corp's  new chief executive got off to a winning start with Wall Street on Thursday as the world's largest software company eased past analysts' profit estimates despite the pressure of falling computer sales. Its...

Rupee down 6 paise against dollar

2014-04-26 00:00:00

MUMBAI, Apr 25:  Extending its losing streak for the fourth session, the Indian rupee depreciated by 6 paise to 61.13 against the US dollar in early trade Friday at the Interbank Foreign Exchange market due to sustained demand for the...

Greece sells 5-year bond at 4.5 pc rate

2014-04-26 00:00:00

ATHENS, Apr 25: Greece's National Bank run a successful sale of 750 million euro worth (1.03 billion US  dollars) five-year bonds Thursday securing a 4.5 per cent return of issue, according to an official announcement.     — Xinhua

All 4 cos can now export frozen foods to Russia

Sonia H Moni | 2014-04-26 00:00:00

The Russian authority has withdrawn the temporary restriction on another Bangladeshi shrimp exporting company and following this initiative all four local companies are now able to export frozen foods to that country. "Federal Service for Veterinary and Phytosanitary Surveillance of...

US-Japan trade talks reach ‘breakthrough’

2014-04-26 00:00:00

SEOUL, Apr 25 (AFP) :  US officials declared a "breakthrough" Friday after round-the-clock talks with Japan on a trade pact, despite failing to clinch a deal that would have raised hopes of a wider pan-Pacific agreement. US President Barack Obama...

SFD likely to approve $ 67.33m for Gaibandha Teesta bridge in June

2014-04-26 00:00:00

The Saudi Fund for Development (SFD) is likely to approve $ 67.33 million for Bangladesh in June this year for a proposed 1490-metre long PC girder bridge over the Teesta River at Sundarganj upazila in Gaibandha district, reports UNB. The...

Honda full-year net profit surges 56pc to $5.6b

2014-04-26 00:00:00

TOKYO, Apr 25 (AFP) :  Japanese automaker Honda said Friday its fiscal year net profit soared to $5.6 billion, thanks to brisk overseas sales and a weaker yen. The country's number three vehicle producer also got a boost as consumers...

GM facing multiple probes into recent recalls

2014-04-26 00:00:00

WASHINGTON, Apr 25 (Reuters) : General Motors revealed on Thursday it is the subject of five different government probes related to its massive recalls, including two previously unreported investigations by the US Securities and Exchange Commission and a state prosecutor....

News in brief

2014-04-26 00:00:00

Euro, dollar hold steady against yen TOKYO, Apr 25 The euro was steady in Asia on Friday, holding on to its gains in New York after a survey of German business confidence beat forecasts, while the dollar was largely unchanged...

Veg, edible oil prices show dramatic rise

2014-04-26 00:00:00

FE Report Prices of vegetable and loose edible oil increased significantly on Friday. Onion prices witnessed a surge while ginger prices decreased slightly on the day, traders said. Loose soybean oil increased to Tk 114-115 per litre, super palm oil...

Experts for adopting hi-tech to boost crop output

2014-04-26 00:00:00

RANGPUR, Apr 25 (BSS): Experts at a farmers' field day have stressed for adoption of the latest technologies and mechanisation of farm activities to increase crop output for ensuring national food security under adverse climate. The farmers have already been...

Oil prices up on Ukraine tensions

2014-04-26 00:00:00

SINGAPORE, Apr 25 (AFP): Oil prices rose in Asian trade Friday after Russia ordered new military exercises on the border with Ukraine in response to Kiev launching a deadly assault against pro-Kremlin rebels occupying a flashpoint town. US benchmark, West...