FE Today Logo

Search results for:


No headway in govt initiative

Shamsul Huda | 2014-02-13 00:00:00

There is no headway in the government's initiative to devise an automobile policy. Even the concerned officials say, 'we have no idea.' An official in the ministry of industries said last year a final automobile policy draft was agreed upon...

Govt to bring changes to savings tools benefit rules

Arafat Ara | 2014-02-13 00:00:00

The government is set to bring about some changes, especially in the encashment benefit of some state-owned savings tools, to attract more investors, said officials concerned. Under the proposed changes, investors, in case of pre-mature encashment of their savings certificates...

ADB provides $900m for Pakistani power project

2014-02-13 00:00:00

ISLAMABAD, Feb 12 (Xinhua): The Asian Development Bank (ADB) and the government of Pakistan Wednesday signed an agreement under which ADB will provide US$900 million for a 600 megawatt supercritical coal-fired power plant, the ADB said. Pakistan has been facing...

Malaysian economy grows 5.1pc in Q4

2014-02-13 00:00:00

KUALA LUMPUR, Feb 12 (AFP): Malaysia's economy grew a solid 5.1 per cent in the fourth quarter of last year as exports picked up, the central bank announced Wednesday, as economists said rising inflation remained manageable. Southeast Asia's third largest...

BoK to hold rates as recovery consolidates

2014-02-13 00:00:00

SEOUL, Feb 12 (Reuters): South Korea's central bank will probably keep rates on hold at its monthly rate meeting on Thursday as emerging markets work through the US Federal Reserve's decision to keep trimming its stimulus. A Reuters poll found...

Photo: LankaBangla Finance

2014-02-13 00:00:00

Photo: LISBON, Portugal: Brokers working in a bank\\\'s market room

2014-02-13 00:00:00

exchange rate

2014-02-13 00:00:00

Toyota recalls 1.9m Prius cars worldwide

2014-02-13 00:00:00

TOKYO, Feb 12 (AFP) :  Toyota on Wednesday announced a global recall of 1.9 million of its signature Prius hybrid cars, dealing a blow to a brand favoured by the eco-conscious including Hollywood celebrities. The company said it decided on...

Buyers selective in purchasing clean liquoring tea

2014-02-13 00:00:00

Offerings comprised of a larger weight of end of season tea. Consequently, buyers were selective in their purchase whereby clean liquoring tea were well supported but all others suffered heavily in price with larger withdrawals. Blenders lent fairly good support...

Fed chief comments support dollar in Asia

2014-02-13 00:00:00

TOKYO, Feb 12 (AFP) :  The dollar edged down against the yen in Asia Wednesday after climbing in New York in response to the new Federal Reserve chief's pledge to maintain the bank's monetary policy, while US lawmakers agreed to...

Oil prices up

2014-02-13 00:00:00

SINGAPORE, Feb 12 (AFP) :  Oil prices rose in Asia Wednesday on strong winter demand and expectations that new Federal Reserve head Janet Yellen will not shake up US monetary policy. New York's main contract, West Texas Intermediate for March,...

Global Commodity Prices

2014-02-13 00:00:00

China trade surplus rebounds in Jan

2014-02-13 00:00:00

BEIJING, Feb 12(AFP) :  China's trade surplus surged in January, according to data Wednesday showing exports strengthened markedly in a potentially brighter note for the world's second-biggest economy after recent disappointments-although some economists suggested the numbers could be distorted. The...

KGDC employees and officers enjoy picnic

Our Correspondent | 2014-02-13 00:00:00

CHITTAGONG, Feb 12: The employees and officers of Karnaphuli Gas Distribution Company Limited (KGDCL) enjoyed their annual picnic recently at Jibtoli Resort at Kaptai. Family members of the employees and officers also participated in the sports competition, cultural function, raffle...

Storms lash flooded parts of Britain

2014-02-13 00:00:00

LONDON, Feb 12 (AFP): Flooded communities in Britain faced a fresh battering from storms and high winds on Wednesday as emergency efforts in stricken areas picked up following criticism of a sluggish response. Fourteen severe flood warnings-indicating a danger to...

Thai opposition loses bid to annul election

2014-02-13 00:00:00

BANGKOK, Feb 12 (AFP): Thailand's opposition on Wednesday lost a legal bid to nullify a controversial election disrupted by anti-government protests, in a boost to Prime Minister Yingluck Shinawatra's crisis-hit administration. The kingdom's Constitutional Court declined to consider the petition...

Gunmen kill 9 anti-Taliban volunteers in NW Pakistan

2014-02-13 00:00:00

PESHAWAR, Feb 12 (AFP): Militants killed nine men in a raid on a house of anti-Taliban activists in northwest Pakistan on Wednesday, the latest violence to hit fledgling peace talks. The attack came as Taliban and government negotiators try to...

Sri Lanka arrests N Z bound boat people

2014-02-13 00:00:00

COLOMBO, Feb 12 (AFP): Sri Lankan police said Wednesday they had arrested 75 would-be asylum-seekers trying to leave for New Zealand illegally, including nine women, six children, and a suspected former Tamil Tiger guerrilla. The group was arrested in the...

North, South Korea hold rare high-level talks

2014-02-13 00:00:00

SEOUL, Feb 12 (AFP): North and South Korean officials held their highest level talks for years Wednesday, seeking to thrash out common ground for improving ties despite a row over looming South Korea-US military drills. The discussions in the border...

news digest

2014-02-13 00:00:00

Kerry heads to Asia amid tensions with N Korea, China WASHINGTON, Feb 12: US Secretary of State John Kerry left Wednesday on a whirlwind Asia trip set to be dominated by regional tensions over China's territorial ambitions and fears for...

Photo: ALGERIA : Algerian forensic inspect the wreckage of a C-130 Hercules aircraft

2014-02-13 00:00:00

Lanka beat Bangladesh by two runs

2014-02-13 00:00:00

CHITTAGONG, Feb 12 (Agencies): Sri Lanka defeated Bangladesh by two runs in the first Twenty20 international in Chittagong  Wednesday to take the lead in the two-match series. Sri Lanka, who made 168-7 after being sent in to bat, hit back...

Kolkata Knightriders buy back Shakib

2014-02-13 00:00:00

Kolkata Knightriders (KKR) bought Shakib Al Hasan on the first day of the seventh IPL (Indian Premier League) auction in Bangalore, reports bdnews24.com. On Wednesday, Shakib's bid started at the base price of INR 10 million (1 crore). Delhi Daredevils...

Moin appointed Pakistan cricket coach

2014-02-13 00:00:00

LAHORE, Feb 12 (AFP): Pakistan Tuesday appointed former captain Moin Khan as the head coach of the national team, replacing Australian Dav Whatmore whose two-year contract expired last month. Khan, 42, was shortlisted along with another former captain and ex-coach...

Paycut for Pathan brothers; Yuvraj, Karthik hit jackpot

2014-02-13 00:00:00

Yuvraj Singh was the most expensive buy on the first day of the IPL 2014 auction, a relatively conservative exercise in which 70 players were bought for a total of Rs 212.35 crores (approx. $35 million), reports Cricinfo. There were...

Marsh leads Australian fightback

2014-02-13 00:00:00

CENTURION, South Africa, Feb 12 (AFP): Shaun Marsh led an Australian fightback on the first day of the first Test against South Africa at SuperSport Park Wednesday. Australia were 176 for four at tea. They were reeling at 98 for...

Ronaldo scores twice as Real cruise into Cup final

2014-02-13 00:00:00

MADRID, Feb 12 (AFP): Cristiano Ronaldo scored twice from the penalty spot and was also hit on the head by a lighter thrown from the crowd as Real Madrid sealed their place in the Copa del Rey final with a...

PWD beat Purbachal

2014-02-13 00:00:00

PWD Sporting Club beat Purbachal Parishad by 2- 0 goal in the Kool Metropolis 2nd Division Football League at the Bir Shrestha Shaheed Sepoy Mostafa Kamal Stadium in the city Wednesday, reports UNB. After the match, PWD SC advanced to...

Neymar back in Barca squad for Cup semis

2014-02-13 00:00:00

MADRID, Feb 12 (AFP): Brazilian forward Neymar could make his return for Barcelona after three weeks out with a sprained ankle in his side's Copa del Rey semi-final, second leg away to Real Sociedad Wednesday. The 21-year-old has been included...