RIYADH, Aug 05 (Arab News) : Saudi Arabia’s non-oil private sector showed robust growth in July, driven by sustained demand amid heightened competitive pressures, according to an economy tracker. The Riyadh Bank Saudi Arabia PMI survey, compiled by S&P Global,...
MUMBAI, Aug 05 (Reuters): The Reserve Bank of India (RBI) said on Monday that the entities it regulates will have to abide by certain broad principles when employing various credit models, as it attempts to ensure prudence and robustness in...
HANOI, Aug 05 (AFP): A former Vietnamese property and aviation tycoon was jailed for 21 years on Monday for fraud and stock market manipulation worth $146 million, state media said.Trinh Van Quyet was among 50 defendants found guilty in what...
WASHINGTON, Aug 05 (Reuters): The US Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter.The Biden administration plans to issue a proposed rule that...
BERLIN, Aug 5 (Reuters): Investor morale in the euro zone fell for a second consecutive month in August, a survey showed on Monday, dropping to its lowest level since January.The Sentix index for the euro zone fell to -13.9 points...
WAHINGTON, Aug 05 (Reuters): Semiconductor startup Groq said on Monday it has raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Private Equity Partners, among others, bringing its valuation to $2.8...
BEIJING, Aug 5 (Reuters): China will accelerate the development of a carbon emissions control system to help it achieve its goal of reaching a peak in the emissions of the climate-warming gases by 2030, the cabinet said on Friday.Beijing's energy...
Hugo Boss has sold its Russian business to wholesale partner Stockmann for an undisclosed fee, the German fashion house said on Monday, joining the ranks of Western brands to exit the Russian market over the war in Ukraine, reports Reuters.The...
TOKYO, Aug 5 (Reuters): A slump in China's manufacturing activity led a generally weak performance for Asia's factories last month as business owners grappled with tepid demand, private surveys showed on Thursday, raising risks of an underpowered economic recovery in...
FE REPORT | 2024-08-06 00:00:00
The country's export-oriented ready-made garment factories will remain closed today (Tuesday), the second consecutive day of shutdown amid nationwide unrest. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Monday night again requested all its members to close their respective...
Smoke billowing from a vehicle after it was set afire at Kakrail in the capital on Monday. — FE Photo
Leaders of the Anti- Discrimination Student Movement (ADSM) are now giving protection to the vandalised residences of Chief Justice (CJ) and the superintendent of police (SP) of Dhaka in Ramna area, reports UNB.At 7:30 pm when this correspondent was visiting...
Cheering protesters stormed Bangladesh Prime Minister's (PM) official residence Ganabhaban after Sheikh Hasina left the country on Monday afternoon, reports BSS.Jubilant crowds waved flags, some dancing on the streets of the capital, before hundreds broke through the gates of the...
Broadband internet services were restored at around 2:00 pm on Monday after around three hours of suspension, reports UNB.People got disconnected with the rest of the world online, as the broadband internet was blocked at around 10:15 am. Later, the...
India has suspended all train services with Bangladesh after Sheikh Hasina resigned her premiership and quit the country, media reports say, reports bdnews24.com.A spokesperson from Indian Railways confirmed the matter to Reuters and The Economic Times on Monday afternoon.Three trains...
FE REPORT | 2024-08-06 00:00:00
Dhaka's Hazrat Shahjalal International Airport was announced closed for six hours from 6:00 pm on Monday, following the resignation of Prime Minister Sheikh Hasina and her departure from Bangladesh.The Inter-Services Public Relations (ISPR), the public relations division of the Bangladesh...
BNP Acting Chairman Tarique Rahman on Monday congratulated the students and protesters for ousting the Sheikh Hasina government through a mass uprising, reports UNB.In a message on his X (Twitter) handle, he said, "Congratulations to the students and protesters from...
FE REPORT | 2024-08-06 00:00:00
Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir called upon the countrymen on Monday to remain calm to bring back normalcy and peace in the country."I call upon the countrymen to remain calm, so that peace and normalcy...
Sheikh Hasina will not make a political comeback, says her son and former official adviser Sajeeb Wazed Joy, reports bdnews24.com.Speaking to Newshour on the BBC World Service, Joy said his mother had been considering resigning from Sunday and had left...
The Awami League Central Office at Bangabandhu Avenue in the capital on fire on Monday. — FE Photo
FE REPORT | 2024-08-06 00:00:00
Almost all leading media outlets across the globe have prominently covered the news of Prime Minister Sheikh Hasina's resignation following weeks of deadly anti-government protest.They also covered 'minute by minute' live update on their websites while many aired live television...
KYIV, Aug 05 (AFP): Ukraine has reacted angrily to suggestions by freed Russian political prisoners to ease sanctions on ordinary Russians and for the two sides to sit down at the negotiating table.The backlash to the first set of public...
OUR CORRESPONDENT | 2024-08-06 00:00:00
Following Sheikh Hasina's resignation on Monday, various government buildings and residences of local Awami League leaders and activists were attacked and vandalised in Cox's Bazar.According to several Awami League leaders and activists, after news of Sheikh Hasina's resignation broke, a...
JERUSALEM, Aug 05 (AFP): Diplomatic pressure mounted Monday to avoid an escalation between Iran and Israel following high-profile killings that have sent regional tensions soaring, while numerous governments urged their citizens to leave Lebanon.Israeli Prime Minister Benjamin Netanyahu said late...
The Army has provided a list of numbers to call for Hindu families or mandirs, and this applies to other denominations as well, in case they are under attack or in any sort of danger all over Bangladesh, reports UNB:...
OUR CORRESPONDENT | 2024-08-06 00:00:00
An angry crowd set fire to Jabir International Residential Hotel in Jashore after Prime Minister Sheikh Hasina's resignation on Monday, leaving 8 people dead and 84 injured. Among the deceased are Chaion, 20, and Sejan Hossain, 19. The identities of...
SHERPUR, Aug 5 (UNB): Miscreants stormed into the Sherpur District Jail, allowing 500 inmates to flee from the jail.A mob equipped with sticks and local weapons brought out a procession amid curfew in the afternoon.At one stage, they stormed into...
JU CORRESPONDENT | 2024-08-06 00:00:00
The jubilant students and teachers of Jahangirnagar University (JU) went into raptures as they celebrated the fall of the Sheikh Hasina regime on the campus on Monday afternoon.The atmosphere was filled with euphoria as they cheered the moment and distributed...
JASIM UDDIN HAROON AND JUBAIR HASAN | 2024-08-06 00:00:00
The upcoming interim government should take the macrocosmic issues seriously as many economic parameters are unfavourable or destabilized, including inexorable inflation, economists say after an unceremonious exit of the Awami League regime.First to come is the financial sector which they...
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