Banking titan Santander reports 2013 profit leap MADRID, Jan 30: Spain's Santander bank, the largest in the eurozone by market value, reported Thursday a 90.5-percent leap in net profits for 2013, hailing a "turnaround" after weathering years of economic crisis....
Yasir Wardad | 2014-01-31 00:00:00
Following a good response from the millers, the government has increased Aman crop procurement target by 50 per cent in the ongoing financial year. Directorate General of Food (DGoF) is eyeing for better food storage both from internal and external...
NEW DELHI, Jan 30 (AFP): India said Thursday it would take whatever steps necessary to ensure stability in its financial markets after the US Federal Reserve again cut its monetary stimulus. The finance ministry said the government and the Reserve...
LONDON, Jan 30 (AFP): Emerging markets faced intense pressure on Thursday after the US Federal Reserve cut its stimulus further, with currencies sliding in India, South Africa and Turkey despite interest rate rises. Asian shares fell heavily and European stocks...
VIENTIANE, Jan 30 (Xinhua): China has become the largest investor in Laos with over US$5.0 billion invested in the country, said Chinese Ambassador to Laos Guan Huabing. Guan's comments came at the launch of a photo exhibition jointly organised by...
ISTANBUL, Jan 30 (AFP): The Turkish lira weakened in Thursday trade after the US Federal Reserve's decision to further cut its stimulus, undermining brief gains made on Wednesday on a big rate rise by Turkey's central bank. The currency was...
NEW DELHI, Jan 30 (Reuters): India's coalition government on Thursday increased the subsidy on cooking gas, acceding to popular demand as it gears up for a tough national election due by May. The decision to increase the cap on annual...
BEIJING, Jan 30 (Reuters): BP is dropping plans to invest in a refinery in China, three sources with direct knowledge said, the fourth refining project in recent months to fall foul of a slowdown in growth in the world's second-largest...
SINGAPORE, Jan 30 (AFP): Oil prices were mixed in Asian trade Thursday as global markets reeled from the Federal Reserve's decision to cut its massive stimulus package. New York's main contract West Texas Intermediate for March delivery gained 10 cents...
TOKYO, Jan 30 (Reuters): Japan imported more gold than it shipped overseas in December, the first time the country has been a net importer on a monthly basis since July 2010, customs data showed on Thursday. Imports totaled 3,429 kilograms...
CAIRO, Jan 30 (Reuters): Saudi Arabia is expected to give Egypt up to $4 billion in additional aid in the form of central bank deposits and petroleum products, state-run Egyptian newspaper Al Ahram reported on Thursday. Citing an unnamed ministerial...
WASHINGTON, Jan 30 (AFP): Senate Majority Leader Harry Reid announced his opposition Wednesday to trade promotion legislation, tossing a wrench into White House efforts to build congressional support for massive free-trade deals with Asia and Europe. "I'm against 'fast track,'"...
MANILA, Jan 30 (AFP): The Philippine economy was one of the fastest-growing in Asia last year after shrugging off devastating natural disasters and expanding at a "remarkable" pace in the final quarter, the government said Thursday. The economy grew by...
MARIKANA, South Africa, Jan 30 (AFP): South Africa's platinum mineworkers rejected a fresh wage offer at a public meeting Thursday, and vowed to continue a week-long strike that has brought the sector to a stand-still. Members of the Association of...
LUXEMBOURG, Jan 30 (Reuters): MasterCard suffered a blow on Thursday in a five-year fight against an EU ban on cross-border card fees, as an adviser to Europe's top court backed regulators' efforts to cut card costs. The legal opinion follows...
FRANKFURT, Jan 30 (AFP): Germany's unemployment rate was steady in January, as the labour market continues to hold up thanks to the improving economic outlook, official data showed on Thursday. The number of people registered as unemployed in Europe's top...
BRUSSELS, Jan 30 (AFP): Eurozone economic confidence increased in January to the highest level since July 2011, a key European Commission indicator showed on Thursday. Confidence in the 18-nation area stood at 100.9 points against 100.4 in December, the EU...
FE Report | 2014-01-31 00:00:00
Stocks ended flat Thursday with turnover crossing Tk 8.0 billion-mark once again as investors went for profit booking in the later part of the trading session. The market opened with a positive note and the prime index of the Dhaka...
FE Report | 2014-01-31 00:00:00
The High Court (HC) has issued an injunction on holding of the 14th and 15th annual general meetings (AGMs) of the Bangladesh Commerce Bank Ltd for three weeks. A HC company bench also issued injunction on declaring any director of...
FE Report | 2014-01-31 00:00:00
Six shareholders of the Dhaka Stock Exchange (DSE) will contest for posts of four directors of the premier bourse as two candidates withdrew their nomination papers Thursday. Earlier, on 22 January, eight shareholders of the DSE submitted their nomination papers...
FE Report | 2014-01-31 00:00:00
Modhumoti Bank Ltd, one of the recently launched commercial banks, inaugurated Thursday its fourth branch at Gulshan in the city. Chairman, board of directors of the bank Humayun Kabir inaugurated the branch "Modhumoti Gulshan" as the chief guest. Vice chairman,...
Prime Unit Fund NAV disclosed Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial First...
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