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Robust harvest in \\\'haor\\\' region showing prospects of bumper Boro production

Yasir Wardad | 2014-04-11 00:00:00

A robust harvest in the 'haor' region is showing prospects of another bumper output during the ongoing Boro season. Harvesting has started in a few parts of the 'haor' region which add nearly 7.0 per cent to the total Boro...

WiFi-facilitated buses begin journey in city

FE Report | 2014-04-11 00:00:00

WiFi-facilitated bus service started on the city streets Thursday thanks to the financial support of UNDP and USAID with the technical assistance of Access to Information (a2i) programme under the Prime Minister's Office. Communications Minister Obaidul Quader and State Minister...

exchange rate

2014-04-11 00:00:00

Photo: IFIC Bank

2014-04-11 00:00:00

Photo: Agribusiness Advisory Committee (AAC)

2014-04-11 00:00:00

Jordan inks $250m loan deal with WB

2014-04-11 00:00:00

AMMAN, Apr 10 (Xinhua): Jordan' Ministry of Planning and International Cooperation signed a US$250 million loan agreement with the World Bank, the state-run Petra news agency reported on Thursday. Jordan's Minister of Planning and International Cooperation Ibrahim Seif said the...

Japan, US trade talks fail to close gap over TPP

2014-04-11 00:00:00

TOKYO, April 10 (AFP): Intensive talks between Japan and the United States aimed at breaking the deadlock over a huge pan-Pacific trade deal ended Thursday without agreement, as hopes faded of progress before Barack Obama arrives in Tokyo this month....

US jobless claims near 7-year low

2014-04-11 00:00:00

WASHINGTON, Apr 10 (Reuters): The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in almost seven years, which could bolster views of an acceleration in job growth after a cold winter...

Russian Gazprom Neft says Asian oil buyers ready to pay in euros

2014-04-11 00:00:00

MOSCOW, April 10  (Reuters): Russian oil producer Gazprom Neft said on Thursday it had received positive responses from Asian clients about the possibility of using euros as a settlement currency. "Gazprom Neft held discussions with its eastern partners about the...

Philippine exports hit three-year high

2014-04-11 00:00:00

MANILA, Apr 10 (AFP): Philippine exports surged at their fastest pace in more than three years in February, led by a robust manufacturing sector and growing electronics shipments, official data showed Thursday. Exports jumped 24.4 per cent from a year...

Global Commodity Prices

2014-04-11 00:00:00

China imports, exports slump in March

2014-04-11 00:00:00

BEIJING, Apr 10 (AFP): Chinese exports and imports fell sharply in March, data showed Thursday, as officials noted that the world's second-largest economy faces headwinds from tougher regional competition and "friction" with trade partners. The figures are potentially another cause...

Cash-rich Ireland sells 10-year debt at new record low

2014-04-11 00:00:00

DUBLIN, Apr 10 (Reuters): Ireland sold 1 billion euros ($1.4 billion) of 10-year debt as planned on Thursday, bettering the record low yields achieved last month at its first regular auction in four years. Dublin is already fully funded for...

Indonesia to overtake Thailand as SE Asia\\\'s biggest car market

2014-04-11 00:00:00

SINGAPORE, April 10 (Reuters): Indonesia is set to overtake Thailand as Southeast Asia's biggest car market as early as this year, driven by an expanding middle class and growing demand for budget, environmentally friendly vehicles, company executives and analysts said....

German institutes more optimistic on growth outlook

2014-04-11 00:00:00

BERLIN, Apr 10 (AFP): Germany's leading economic think tanks on Thursday raised their growth forecast for Europe's top economy this year and next year, but warned of headwinds from new government policies. The four institutes predicted that the German economy...

Surprise fall in Australian unemployment

2014-04-11 00:00:00

SYDNEY, Apr 10 (AFP): Australian unemployment fell below 6.0 per cent in March, official data revealed today, surprising analysts who had expected a higher figure and raising hopes that the jobless rate may have peaked. The Australian Bureau of Statistics...

Detailed DSE Trading

2014-04-11 00:00:00

DSE turnover again hits below Tk 5.0 b-mark

FE Report | 2014-04-11 00:00:00

Stocks ended flat into the red Thursday with turnover dipped below Tk 5.0 billion-mark on the prime bourse as the investors remained cautious amid lack of clear direction. The market opened with a positive note and the key index of...

15th AGM of MTB held

FE Report | 2014-04-11 00:00:00

The 15th Annual General Meeting (AGM) of Mutual Trust Bank Limited (MTB) was held on Thursday at Bashundhara Convention Center-2 in the city. MTB Chairman Rashed A. Chowdhury, presided over the meeting. Founding Chairman Syed Manzur Elahi, Vice Chairman M....

WH Group\\\'s $5.3b IPO set to be the biggest in a year

2014-04-11 00:00:00

HONG KONG, Apr 10 (AFP): Chinese pork producer WH Group hopes to raise more than $5 billion in what would be the world's biggest initial public offering (IPO) for a year as it plans to list in Hong Kong, giving...

Spot trading

2014-04-11 00:00:00

Beach Hatchery: Trading of the shares of Beach Hatchery Ltd. will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 13.04.2014 to 16.04.2014. Trading of...

News Brief

2014-04-11 00:00:00

Prime First Unit Fund NAV disclosed  Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial...

Photo: BRAC Bank Limited

2014-04-11 00:00:00

Photo: NRBCB

2014-04-11 00:00:00

Photo: United Leasing Company Limited

2014-04-11 00:00:00

HK, Shanghai to begin cross-market trading

2014-04-11 00:00:00

HONG KONG, Apr 10 (AFP): China Thursday unveiled a plan allowing cross-trading between Hong Kong and Shanghai's stock markets, in the mainland's latest move to open up its capital markets and promote the yuan as an international currency. The China...

Broader mkts outperform benchmarks, BSE mid-cap up 0.8 per cent

2014-04-11 00:00:00

MUMBAI, Apr 10 (Business Standard): Benchmark indices are trading marginally higher led by power, capital goods and banking stocks. At 1430 hours, the 30-share Sensex was up 60 points at  22,763 levels and the 50-unit Nifty gained almost 16 points...

Bonds buoyed by Greek return as shares fizzle out

2014-04-11 00:00:00

LONDON, Apr 10 (Reuters): Greece's stunning return to the bond market buoyed European fixed income assets on Thursday, enabling euro zone bond prices to strengthen and outperform flat equity markets. Global equities had earlier risen after minutes from the Federal...

Novo Nordisk launches Tresiba®

2014-04-11 00:00:00

Tresiba®, the new basal insulin developed by Novo Nordisk for the treatment of diabetes, is now commercially available in Bangladesh. Tresiba® reduces blood glucose levels with a lower risk of night-time hypoglycaemia compared with insulin glargine*,1,2. Tresiba® is a new...

ICB AMCL discloses NAV of MFs

2014-04-11 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on April 8, 2014, said a...