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Afridi hopes to regain fitness ahead of World T20

2014-03-14 00:00:00

LAHORE, Mar 13 (AFP): Pakistan allrounder Shahid Afridi said Thursday he was hopeful of a quick recovery from injury in time for the World Twenty20 in Bangladesh next week after his exploits at the Asia Cup. The 34-year-old hurt his...

Pakistan, England to play disabled cricket series

2014-03-14 00:00:00

KARACHI, Mar 13 (AFP): Pakistan and England's disabled cricket teams will play each other in a second short limited over series in Dubai later this month, officials said Thursday. The series comes two years after they first met, with cricketing...

Radwanska sets up semis rematch with Halep

2014-03-14 00:00:00

INDIAN WELLS, Mar 13 (AFP): Second-seeded Agnieszka Radwanska held on for a three-set victory over Jelena Jankovic Wednesday to book a semi-final clash with Romanian starlet Simona Halep at the BNP Paribas Open. Radwanska, ranked third in the world, downed...

sports digest

2014-03-14 00:00:00

Djokovic rallies to beat Cilic INDIAN WELLS, Mar 13: World number two Novak Djokovic rallied against red-hot Marin Cilic, beating the Croatian 1-6, 6-2, 6-3 Wednesday to reach the quarter-finals of the Indian Wells ATP Masters. Cilic, who won two...

Photo: Ispahani Group Director Ali Ispahani handing over champion trophy

2014-03-14 00:00:00

Detailed DSE Trading

2014-03-14 00:00:00

Most women entrepreneurs do not get support from FIs : Study

FE Report | 2014-03-14 00:00:00

Most women entrepreneurs of the country are still out of the financial services as only 19 per cent of them have access to finance, a study reveals. Besides, 15.5 per cent of the women entrepreneurs are involved in export business,...

NRB Global opens 4th branch

FE Report | 2014-03-14 00:00:00

NRB Global Bank Limited has opened its fourth branch at city's commercial hub Motijheel. Chairman of the bank Nizam Chowdhury formally inaugurated the branch at Modern Mansion of the area in presence of high officials of the bank Thursday. Speaking...

Gapexpo, Garmentech, yarn, fabric fairs receive $20m spot orders

FE Report | 2014-03-14 00:00:00

The Gapexpo 2014, Garmentech, yarn and fabric sourcing fairs held recently got spot orders and enquiries for apparel accessories, packaging and other products worth around US$ 20 million from local and foreign buyers. "We have received satisfactory response from the...

News Briefs

2014-03-14 00:00:00

More Dutch investment in BD's ICT sector likely The Netherlands has expressed keen interest to invest in the fast growing information and communication technology (ICT) sector of Bangladesh. "Bangladesh's advancement in the ICT sector is excellent and we are interested...

New brick making law from July

Md Shah Jahan | 2014-03-14 00:00:00

The newly-enacted law on brick production will come into force from July to check widespread environment pollution as well as save arable land and forest, sources said. The Ministry of Environment and Forests (MoEF) has taken the decision recently, saying...

New Zealand raises interest rates after three years

2014-03-14 00:00:00

WELLINGTON, March 13 (AFP): New Zealand on Thursday became first advanced economy to raise interest rates since 2012, ending a three-year freeze imposed after the devastating Christchurch earthquake. In a widely anticipated move, the Reserve Bank of New Zealand lifted...

Ex-Swiss banker pleads guilty in US tax evasion case

2014-03-14 00:00:00

NEW YORK, March 13 (AFP): A former banker of Credit Suisse Wednesday pleaded guilty to assisting US customers avoid taxes by hiding assets in secret Swiss bank accounts. Andreas Bachmann, a Swiss citizen, admitted that between 1994 and 2006 he...

BMW drives on to record sales, earnings in 2013

2014-03-14 00:00:00

FRANKFURT, March 13 (AFP): German top-of-the-range car maker BMW said on Thursday it achieved record sales and earnings and plans to pay an increased dividend to shareholders. "With its fourth straight record year, the BMW group's strong performance continued during...

S. Korea keeps interest rate unchanged for March

2014-03-14 00:00:00

SEOUL, March 13 (AFP): South Korea's central bank kept its key interest rate unchanged at 2.5 per cent for the 10th consecutive month Thursday, citing mixed signs of a global recovery. Seven policymakers at the central Bank of Korea made...

exchange rate

2014-03-14 00:00:00

Photo: Standard Bank Limited

2014-03-14 00:00:00

Photo: Institute of Cost and Management Accountants of Bangladesh (ICMAB)

2014-03-14 00:00:00

Shortage of farm labourers hits hard boro cultivation

Yasir Wardad | 2014-03-14 00:00:00

Crisis of farm labourers in the ongoing boro season mainly due to the potato price debacle during the recent harvesting time has forced many farmers-cum labourers to migrate to other places for livelihood. The marginal farmers-cum labourers, who have lost...

Unemployment rate in advanced economies steady at 7.6pc: OECD

2014-03-14 00:00:00

PARIS, March 13 (AFP): The unemployment rate in advanced countries was steady at 7.6 per cent in January, with 46.2 million people looking for work nearly six years after the financial crisis began, OECD data showed on Thursday. The unemployment...

Oil prices rebound in Asia

2014-03-14 00:00:00

SINGAPORE, March 13 (AFP): Oil prices rebounded in Asian trade Thursday as investors took to bargain hunting after sharp falls induced by a bigger-than-expected rise in US crude stockpiles. New York's main contract, West Texas Intermediate for April delivery, rose...

Japan to name and shame firms refusing pay hikes

2014-03-14 00:00:00

TOKYO, March 13 (AFP): Japan's trade ministry said Thursday it would take the unprecedented step of disclosing the names of firms that did not raise employees' wages in annual labour talks, after calls by the prime minister to boost pay....

Panasonic to give China expats \\\'pollution pay\\\'

2014-03-14 00:00:00

TOKYO, March 13 (AFP): Japanese electronics giant Panasonic said Thursday it would give employees sent to China a wage premium to account for the country's hazardous air pollution, in a possible first for an international company. The move was part...

Gold up at 6-month high as Ukraine, China prompt safe-haven bids

2014-03-14 00:00:00

SINGAPORE, March 13 (Reuters): Gold extended gains to a third session on Thursday, scaling fresh six-month highs as investors sought to hedge their bets against geopolitical tensions in Ukraine and economic slowdown fears in China. Gold is seen as a...

Global Commodity Prices

2014-03-14 00:00:00

Photo: SEOUL, Republic Of Korea: Pedestrians pass through a business district of Seoul

2014-03-14 00:00:00

China industrial output growth at five-year low

2014-03-14 00:00:00

BEIJING, Mar 13 (AFP): China's industrial production rose at its slowest pace in five years and other key indicators showed surprising weakness, data showed Thursday, raising alarm bells over the world's second-largest economy as Premier Li Keqiang outlined "serious challenges"...

India aviation market to be \\\'number one\\\' globally: KPMG

2014-03-14 00:00:00

NEW DELHI, Mar 13 (AFP): India's fast-growing civil aviation sector, already among the top 10 globally, could be number one worldwide by 2030, said a report Thursday by global consultancy KPMG. Even though most Indian airlines face hefty losses this...

OECD suspends Russian membership process, favours Ukraine

2014-03-14 00:00:00

PARIS, Mar 13 (AFP): The Organisation for Economic Cooperation and Development said on Thursday that it had postponed the process for Russian membership and said it would boost links with Ukraine. The OECD, a key policy forum for advanced democracies,...

Thousands march in Argentina for higher wages

2014-03-14 00:00:00

BUENOS AIRES, Mar 13 (AFP): Thousands of workers marched in Argentina's capital Wednesday seeking to double the minimum wage to cope with sky-high inflation. Prices have been rising steadily in recent months particularly since January, when the peso shed 18...