COLOMBO, Apr 17 (Xinhua): Over 300 investors from around the world including China have registered to take part in the first ever Maldives investment forum to be held in Singapore later this month, an official said on Thursday. As many...
BANGKOK, Apr 17 (Reuters): Thailand's TMB Bank cut its 2014 loan growth target to between 6 per cent and 8 per cent, saying it was becoming more cautious as political tensions raise concerns about the economy. TMB Bank, the country's...
SINGAPORE, Apr 17 (Xinhua): Singapore's non-oil domestic exports (NODX), a key gauge of the export performance of the small and highly open economy, dropped by 6.6 per cent on year in March, trade promotion agency International Enterprise (IE) Singapore said...
GENEVA, Apr 17 (AFP): Following the news, the bank saw its stock price slide nearly two per cent to 27.28 francs a pop in midday trading on the Swiss stock exchange, whose main SMI index rose 0.53 per cent. Credit...
TOKYO, Apr 17 (Reuters): Japan's government slightly cut its overall view on the economy, its first downgrade in a year and a half, but officials shrugged off the need for more stimulus to support the economy. The government said the...
SYDNEY, Apr 17 (Reuters): Australian businesses reported an improvement in activity last quarter as sales, profits and forward orders all picked up, a survey showed on Thursday. National Australia Bank's quarterly survey of more than 900 firms also showed respondents...
MUMBAI, Apr 17 (Reuters): Indian raw cotton exports are expected to plummet around 20 per cent in the next crop year, with demand from China fading as Beijing unwinds a controversial stockpiling scheme. That would be greater than the nearly...
LONDON, Apr 17 (Reuters): Gold fell below $1,300 an ounce on Thursday as investors cut exposure to gold-backed funds and weighed the impact of Ukraine tensions, while worries over the strength of Chinese demand continued to weigh. Holdings in the...
BRASïLIA, Apr 17 (AFP): Police in Brazil have named 46 people, including an ex-executive at oil giant Petrobras, as suspects in an alleged $4.5 billion money laundering and drug operation, officials said Wednesday. Officials are investigating a criminal gang that...
SINGAPORE, Apr 17 (AFP): Oil prices were mixed in Asian trade Thursday as dealers weighed lingering concerns over the Ukraine crisis with a weaker-than-expected US stockpiles report, analysts said. New York's main contract, West Texas Intermediate for May delivery, was...
BEIJING, Apr 17 (AFP): Foreign direct investment (FDI) into China increased 5.5 per cent in the first three months of the year despite faltering in March, the government said Thursday, though outbound investment slumped. FDI, which excludes investment in financial...
NEW DELHI, Apr 17 (PTI): The Reserve Bank of India (RBI) is likely to remain in wait-and-watch mode now, but will eventually need to tighten policy rates to contain upside risks to inflation, an HSBC report said. According to the...
PARIS, Apr 17 (AFP): Demand for cars in Europe moved up another gear in March and struggling French group Peugeot Citroen did well, trade data showed on Thursday, but the market is still suffering badly from a recent slump. Sales...
VILNIUS, Apr 17 (AFP): Lithuania on Thursday moved one step closer to joining the eurozone, as concerns over Soviet-era master Moscow give it all the more reason to firmly root itself in the West. Eighty-seven lawmakers in the 141-seat parliament...
NEW YORK, Apr 17 (AFP): General Electric (GE) on Thursday reported lower earnings but higher industrial profits, thanks to gains in its two largest industrial segments. GE's net income dipped 15 per cent from the year-ago level to $3.0 billion....
MUMBAI, Apr 17 (AFP) : India's biggest outsourcing firm Tata Consultancy Services Wednesday reported a 48.2 percent surge in quarterly net profit from a year ago, led by new European and emerging market contracts. The Mumbai-based company, known as TCS,...
BEIJING Apr 17 (Reuters): China said on Thursday it would appeal against a World Trade Organization (WTO) ruling that found it violated global trade rules with its export limits on rare earth minerals used in defense and technology products. China...
TAIPEI, Apr 17 (AFP): Taiwan Semiconductor Manufacturing Co said Thursday its first-quarter net profit rose 21 percent year-on-year, boosted by stronger than expected demand for chips used in smartphones and tablets. The world's biggest contract chip maker said net profit...
FE Report | 2014-04-18 00:00:00
Stocks edged marginally higher Thursday with sluggish participation as investors are waiting for certain direction of market. The market started with upward trend and the positive trend continued till the market closure amid volatility, eventually ended marginally higher. At the...
FE Report | 2014-04-18 00:00:00
With a view to contributing enhanced important role in the overall economic development of the country, the registered credit rating companies have recently formed an association titled Association of Credit Rating Agencies in Bangladesh (ACRAB). In addition to ensuring due...
FE Report | 2014-04-18 00:00:00
Chittagong Stock Exchange (CSE) has made a set of proposals including imposition of an additional 10 per cent penal tax on tax-free incomes of the companies enjoying tax holiday facilities but not complying with the provision for investing in capital...
To help business organisations more rapidly adopt and utilize hybrid cloud solutions, which can securely and seamlessly integrate public cloud solutions with on-premises and private cloud environments, Oracle announced the availability of Oracle Database Backup Service and Oracle Storage Cloud...
New president of REHAB Mokarram Hossain Khan has been elected the president of Real Estate and Housing Association of Bangladesh (REHAB). He is the managing director of Capitaland Development Ltd. Mr Khan was elected unopposed in the 27th executive committee...
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