LONDON, Feb 27 (AFP): Britain's state-rescued Royal Bank of Scotland (RBS) plunged into a near £9.0-billion loss last year on vast charges for litigation and the creation of a 'bad bank' division, it said Thursday. The lender, which is 81-per...
SEOUL, Feb 27 (AFP): South Korea's current account surplus narrowed to an 11-month low in January, the central bank said on Thursday. The surplus stood at $3.61 billion, down from $6.41 billion in December, the Bank of Korea (BOK) said....
FRANKFURT, Feb 27 (AFP): Lending to businesses in the debt-mired eurozone contracted again in January, data published by the European Central Bank showed on Thursday. Private sector loans dropped by 2.0 per cent in January in a year-on-year comparison, the...
MADRID, Feb 27 (AFP): Spain's economy picked up pace in the fourth quarter, official data showed on Thursday, adding to signs that the country is emerging from five years of stop-start recession which destroyed millions of jobs. The Spanish economy...
TIANJIN, China, Feb 27 (AFP): In a series of vast hangars, dozens of Chinese technicians swarm over fuselages of Airbus A320 planes, foot soldiers in the battle to dominate what will become the world's largest aircraft market. The nearly completed...
ROME, Feb 27 (AFP): Italian family-run fashion house Versace said on Thursday it had agreed to sell a 20-percent stake to US private equity firm Blackstone in a deal that values the group at US $1.4 billion. The company said...
FRANKFURT, Feb 27 (AFP): Spring has arrived on the German labour market, with unemployment in Europe's largest economy falling for the third month in a row in February, data showed on Thursday. The number of people registered as unemployed in...
SINGAPORE, Feb 27 (AFP): An airline owned by Indonesia's Lion Group announced Thursday it will launch international services with a flight from Jakarta to Singapore later this year. Batik Air, which is part of the Lion Group that also owns...
KUALA LUMPUR, Feb 27 (Reuters): Malaysian palm oil futures dipped on Thursday as investors booked profits after the previous session's gains, but concerns over unfavourable weather squeezing supplies curbed losses and kept prices near a 17-month high. Prices jumped to...
MUMBAI, Feb 27 (Reuters): Indian sugar futures fell on Wednesday following losses in overseas prices, though they are likely to edge higher on Friday on an improvement in demand and a likely drop in domestic sugar production. Indian commodity exchanges...
SINGAPORE, Feb 27 (AFP): Oil prices eased in Asian trade Thursday as investors await congressional testimony by the US central bank chief for fresh clues about the state of the world's biggest economy, analysts said. New York's main contract, West...
SINGAPORE, Feb 27 (AFP): Oil prices eased in Asian trade Thursday as investors await congressional testimony by the US central bank chief for fresh clues about the state of the world's biggest economy, analysts said. New York's main contract, West...
FE Report | 2014-02-28 00:00:00
Dhaka stocks ended another flat session Thursday amid choppy trading with turnover crossing Tk 6.0 billion mark after 12-session as earnings expectations prompted to shape market sentiment. The prime index of the Dhaka Stock Exchange (DSE) --- DSEX --- saw...
Talha Bin Habib | 2014-02-28 00:00:00
The government is optimistic about achieving its wheat import target during the current fiscal year (FY) 2013-14 due to its lower price in the international market compared to the previous year, a high food official said. "We will be able...
New chairman, vice chairman of MTB Rashed Ahmed Chowdhury, Director of Associated Builders Corporation Ltd. (ABC) and the Founder Trustee and Chairman, Board of Trustees of Independent University, Bangladesh (IUB) has been elected Chairman of Mutual Trust Bank Ltd. (MTB)...
FE Report | 2014-02-28 00:00:00
The Alliance for Bangladesh Worker Safety started its full-fledged readymade garment (RMG) factory assessment from Wednesday with its nominated seven local engineering companies, said BGMEA President Md Atiqul Islam. "No individual auditors from the Alliance's buyers and retailers will carry...
FE Report | 2014-02-28 00:00:00
Finance Minister Abul Maal Abdul Muhith said Thursday that export earnings from fisheries sector could be ten times higher if businessmen concerned concentrate on fish processing rather than mere fish export. "Current $600 million export earnings from fish eries sector...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of four open-end mutual funds (MFs) at the close of business operation on February 25, 2014, said...
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 February 25, 2014, said a...
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