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China\\\'s central bank to focus on deposit rate reform

2014-03-23 00:00:00

BEIJING, Mar 22 (Reuters): China's central bank will focus on liberalising bank deposit rates over the next two years, while loosening its grip on the yuan currency to give greater influence to market forces, a vice governor of the People's...

Credit Suisse to pay $885m over US mortgage bonds

2014-03-23 00:00:00

WASHINGTON, Mar 22 (AFP): Swiss bank Credit Suisse agreed Friday to pay $885 million to settle US charges it sold shoddy mortgage bonds to Fannie Mae and Freddie Mac ahead of the financial crisis. Credit Suisse will pay about $651...

Taiwan govt won\\\'t withdraw China trade pact

2014-03-23 00:00:00

TAIPEI, Mar 22 (AFP): Taiwan's Prime Minister Jiang Yi-huah said Saturday the government will not withdraw a contentious trade pact with China, rejecting calls from protesters occupying parliament to stop its ratification. In the first direct dialogue between the government...

Ukraine detains head of state energy firm

2014-03-23 00:00:00

KIEV, Mar 22 (AFP): Ukrainian police on Friday detained the powerful head of the Naftogaz state oil and gas firm on suspicion of embezzling at least $4 billion (2.9 billion euros) during the rule of ousted president Viktor Yanukovych. Interior...

Beijing to end anti-dumping wine probe after European \\\'deal\\\'

2014-03-23 00:00:00

BEIJING, Mar 22 (AFP): Beijing will end an anti-dumping inquiry into wine imports from the European Union, China's commerce ministry said Friday, after what it said was a deal between producers. The announcement comes a day before Chinese President Xi...

Media General to buy LIN in $2.6b US broadcast deal

2014-03-23 00:00:00

WASHINGTON, Mar 22 (AFP): US broadcaster Media General said Friday it will buy LIN Media in a $2.6 billion deal that creates the nation's second-largest television broadcasting company and a digital media powerhouse. The merged company will own and operate...

Russia sanctions put Canadian aircraft sales in doubt

2014-03-23 00:00:00

OTTAWA, Mar 22 (AFP): Canadian aircraft manufacturer Bombardier faces $3.4 billion in lost potential sales to Russia as Canada and its allies impose sanctions over the former Soviet state's move to annex Crimea, reports said Friday. A senior executive told...

BlackBerry sells its Canadian properties

2014-03-23 00:00:00

OTTAWA, Mar 22 (AFP): Struggling smartphone maker BlackBerry said Friday it is selling most of its Canadian real estate holdings, and will lease back some space after the sale. A buyer was not identified, but the Waterloo, Canada-based company said...

Brazil earmarks $3.0b for airports upgrade

2014-03-23 00:00:00

BRASïLIA, Mar 22 (AFP): Brazil will invest more than $3 billion on upgrading 270 airports across the continent-sized nation, the government said Friday, as it looks to modernize the network. A statement said the Regional Aviation Plan was designed to...

Photo: Prime Minister Sheikh Hasina receiving a cheque

2014-03-23 00:00:00

Photo:Karnaphuli Gas Distribution Company Limited (KGDCL) and Bakhrabad Gas Distribution Company Limited

2014-03-23 00:00:00

Sk Russell earn 3-0 victory over Chittagong Abahani

2014-03-23 00:00:00

Defending champions Sheikh Russell KC earned a facile 3-0 goals victory over Chittagong Abahani Ltd in the opening match of the Modhumoti Bank Independence Cup Football Tournament at the Bangabandhu National Stadium in the city Saturday, reports UNB. After a...

BD to face Oman in final today

2014-03-23 00:00:00

Bangladesh reached the final of the Islami Bank Asian Games Hockey Qualifiers with an all-win run beating Sri Lanka by 3-0 goals by tie-breaker as the 2nd semifinal was locked in 2-2 goals at the Maulana Bhashani National Hockey Stadium...

Federer, Djokovic open with triumphs at Miami

2014-03-23 00:00:00

MIAMI, Mar 22 (AFP): Roger Federer and Novak Djokovic opened with straight-set wins Friday at the WTA and ATP Miami Masters while Andy Murray rallied to win his first match since splitting with coach Ivan Lendl. Five days after facing...

Barca\\\'s Montoya extends deal until 2018

2014-03-23 00:00:00

MADRID, Mar 22 (AFP): Barcelona full-back Martin Montoya has agreed a deal with the club to extend his contract until the end of the 2017/18 season. The Spanish under-21 international had been free to talk to other clubs since January...

\\\'Bale ready to take Clasico by storm\\\'

2014-03-23 00:00:00

MADRID, Mar 22 (AFP): Real Madrid manager Carlo Ancelotti believes Gareth Bale is in prime condition to make his mark on El Clasico when his side host Barcelona on Sunday. The Welshman failed to make an impact in an unusual...

Scholes backs United for Champions League final

2014-03-23 00:00:00

SINGAPORE, Mar 22 (AFP): Manchester United great Paul Scholes Saturday backed the struggling English giants to beat Bayern Munich and go all the way to the Champions League final-even without injured top-scorer Robin van Persie. Scholes admitted a rematch of...

Arsenal\\\'s Gibbs victim of mistaken identity

2014-03-23 00:00:00

LONDON, Mar 22 (AFP): Arsenal left back Kieran Gibbs fell victim to a case of mistaken identity on Saturday when he was sent off against Chelsea for an offence committed by one of his team-mates. Arsenal were already 2-0 down...

RCC Mayor urges students to bring laurels in sports

2014-03-23 00:00:00

Mayor of Rangpur City Corporation (RCC) and valiant freedom fighter Alhaj Sharfuddin Ahmed Jhantu Saturday called upon the female students to bring laurels in sports to glorify the nation, reports BSS. The students, both male and female, should become physically...

Four jets to follow Ronaldo at WC

2014-03-23 00:00:00

BRASoLIA, Mar 22 (AFP): Four executive jets carrying Cristiano Ronaldo's family and entourage will follow the Portuguese star around at the World Cup (WC), the Brazilian Air Force (FAB) said Friday. "Cristiano Ronaldo (and the squad) will arrive and be...

Last chance saloon for Barca, admits Martino

2014-03-23 00:00:00

MADRID, Mar 22 (AFP): Barcelona boss Gerardo Martino has admitted that his side need to beat Real Madrid at the Santiago Bernabeu on Sunday if they are to have any chance of retaining their La Liga title. Three defeats in...

Kershaw stars in Dodgers opening win over D-backs

2014-03-23 00:00:00

SYDNEY, Mar 22 (AFP): Los Angeles Dodgers superstar pitcher Clayton Kershaw struck out the Arizona Diamondbacks to give his team a 3-1 win on the opening day of the Major League Baseball season in Sydney Saturday. Kershaw, the reigning National...

Five-run victory for Sri Lanka

2014-03-23 00:00:00

Top ranked Sri Lanka kept their pride beating South Africa by 5 runs in their first Super10 match of the ICC World Twenty20 at Zahur Ahmed Chowdhury Stadium in Chittagong Saturday, reports UNB. Replying to Sri Lanka's 165 runs, South...

India outclass Pakistan in World T20

2014-03-23 00:00:00

India extended their domination over Pakistan in World Cup events with a seven-wicket demolition of the arch-rivals in the Super-10 round of the World Twenty20 in the city Friday, reports AFP. Leg-spinner Amit Mishra grabbed two wickets for 22 runs...

Netherlands, Nepal highlight minnows\\\' progress

2014-03-23 00:00:00

CHITTAGONG, Mar 22 (AFP): As cricket's big guns lock horns at the World Twenty20 in Bangladesh, the minnow nations can take pride in their performances as they seek to make progress on the global stage. The tournament has reached the...

Photo: Indian cricketer Mohammed Shami

2014-03-23 00:00:00

Photo: Chittagong: England batsman Moeen Ali

2014-03-23 00:00:00

Message

2014-03-23 00:00:00

The commemoration of Pakistan Day each year is an occasion to reiterate our pledge towards those ideals that led to the creation of our homeland. It is an occasion to pay tribute to our great leaders who withstood all adversities...

Message

2014-03-23 00:00:00

Today, we are commemorating the 74th anniversary of the adoption of the historical Pakistan Resolution. This day reminds us of the vision of Allama Iqbal, historic struggle, immense sacrifices and firm resolve of Quaid-i-Azam Muhammad Ali Jinnah and the Muslims...

Message

2014-03-23 00:00:00

Today, the nation is celebrating the 74th anniversary of the adoption of the Pakistan Resolution on 23 March 1940 with traditional zeal and zest. On this historic day, the Muslims of the subcontinent gathered in Lahore under the inspiring leadership...