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Global Commodity Prices

2014-01-21 00:00:00

China\\\'s 2013 growth dodges 14-yr low but further slowing seen

2014-01-21 00:00:00

BEIJING, Jan 20 (Reuters): China's economy narrowly missed expectations for growth to hit 14-year lows in 2013, though some economists say a cooldown will be inevitable this year as officials and investors hunker down for difficult reforms. The chance that...

NIAEP - ASE wins Russia\\\'s ‘Company of the Year 2013’ award

2014-01-21 00:00:00

Russia's state nuclear power engineering and construction company NIAEP-ASE wins special nomination award "For Engineering services market development" at the "Company of the Year 2013" awards ceremony held in Moscow recently. The awards were organised by the Russia's biggest media...

Oil prices down in Asian trade

2014-01-21 00:00:00

SINGAPORE, Jan 20 (AFP) : Oil prices eased in Asian trade Monday after China's 2013 economic growth came in at its slowest rate in 14 years, fuelling concerns over demand in the world's second largest economy. New York's main contract,...

Shell says to sell Australian energy interests

2014-01-21 00:00:00

LONDON, Jan 20 (AFP): Energy giant Royal Dutch Shell announced on Monday the sale of stakes in Australian natural gas assets for more than one billion US dollars to a Kuwaiti state company. Shell said it had agreed to sell...

Dollar mixed in Asia after upbeat US data

2014-01-21 00:00:00

TOKYO, Jan 20 (AFP): The dollar was mixed in Asia Monday following broadly upbeat US economic data, while the yen was lifted by speculation the Bank of Japan's policy board will hold off any new stimulus measures when it meets...

Protecting Rohingyas in Myanmar

Zaglul Ahmed Chowdhury | 2014-01-21 00:00:00

Fresh violence against Rohingyas shows that there has been no let-up in the plight of the minority Muslim community in Myanmar. In our south and south-east Asian region, incidents of violence against the religious minorities appear to have become a...

Countdown for Lok Sabha polls: Corruption issue is at centre of focus

Mohammad Amjad Hossain from Virginia, USA | 2014-01-21 00:00:00

Addressing a meeting of the All-India Congress Committee (AICC) on January 17 in New Delhi, party vice-president Rahul Gandhi set tone for his campaign for the Lok Sabha election due in May this year.  He mounted blistering attacks on the...

Workplace stress management

Mamun Rashid | 2014-01-21 00:00:00

Kazi Golam Rasul Arif, Managing Director and CEO of NDB Capital in Dhaka, died of a massive heart attack in the early hours of January 15, Wednesday. He was only 37. He left behind his wife and business school buddy...

Gas shortage

2014-01-21 00:00:00

The country's overwhelming dependence on natural gas as fuel has backfired. Now the gap between demand and supply is widening. Massive conversion of liquid fuel-run automobile engines into ones run on compressed natural gas (CNG) together with establishment of factories...

RMG hits new grounds

Wasi Ahmed | 2014-01-21 00:00:00

Newspapers have run stories praising the country's lead export earner, readymade garments, for braving the most difficult of times, that too at a pace faster than that of the previous year. That exports have grown despite the tumultuous political situation...

Corporal punishment of children is a serious matter

Murray A. Strauss | 2014-01-21 00:00:00

It was encouraging to read an article recently by Sir Frank Peters about the ill effects corporal punishment has on children. As the author of the book, The Primordial Violence: Spanking Children, Psychological Development, Violence, and Crime (Routledge, 2013) from...

Dholai Khal capabilities

2014-01-21 00:00:00

A full page write up with photographs was published on January 17 in a local English daily. It was an appropriate and fitting appreciation of the engineering capabilities and skills of the gifted and highly capable mechanics and technical personnel...

Driving school in each district

2014-01-21 00:00:00

Majority of the people in Bangladesh are poor and ultra-poor. It is the responsibility of the government to improve their economic conditions. Different measures can be taken to raise the income level of the people. One such measure can be...

Challenges facing the banking sector

Khaled Mahmud Raihan | 2014-01-21 00:00:00

Banking sector in Bangladesh has come across a turbulent year facing many odds and pitfalls in the macroeconomic fundamentals. The major challenges faced by the banking industry were low credit growth, increasing trend of non-performing loans resulting to higher provisioning...

Choosing the perfect finance professional

Mohua Rashid | 2014-01-21 00:00:00

When it comes to someone's curriculum vitae or his/her application forms, many employers in finance functions would like to see the whole picture of someone's skills, abilities, knowledge and experience. They want to be sure that they are recruiting the...

Bourses may get exemptions from double taxation

FE Report | 2014-01-21 00:00:00

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) have been assured to get tax exemption from their own profits for a certain period along with another rebate from capital gain tax against the members' shares in exchanges, officials said.  ...

Mozaffar Spinning makes debut today

FE Report | 2014-01-21 00:00:00

Trading of the shares of Mozaffar Hossain Spinning Mills Limited will commence at the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) from today (Tuesday) under 'N' category, officials said. DSE Trading Code for Mozaffar Hossain Spinning Mills Limited...

Stocks break week-long rally

FE Report | 2014-01-21 00:00:00

Stocks saw marginal correction Monday, breaking a week-long rally as investors booked profit from their previous purchase. The market started with a positive note in the morning, but couldn't sustain it peace till the end of the day amid selling...

News Brief

2014-01-21 00:00:00

HC issues status quo on share transfer of Union Bank The High Court (HC) issued a 'status quo' Monday on the transfer of shares of the recently launched Union Bank Ltd, owned, among others, by Jatiya Party (JP) chief HM...

Photo: Social Islami Bank Limited

2014-01-21 00:00:00

Photo: Banks handed over blankets and cloths

2014-01-21 00:00:00

Photo: ICB

2014-01-21 00:00:00

BSE Sensex snaps two-day losing streak

2014-01-21 00:00:00

MUMBAI, Jan 20 (Reuters): The BSE Sensex rose on Monday after two days of losses as software services exporters gained after Wipro posted solid earnings and joined domestic rivals in giving a positive outlook for the sector. Value-buying also boosted...

Asian shares mostly down after China data

2014-01-21 00:00:00

HONG KONG, Jan 20 (AFP): Asian markets were mostly lower on Monday, after China released data showing the economy in 2013 recorded its slowest growth rate for more than a decade. The losses came after a broadly negative lead from...

Shaanxi Coal raises $661m in China\\\'s largest IPO since 2012

2014-01-21 00:00:00

SHANGHAI, Jan 20 (Reuters): Shaanxi Coal Industry Co Ltd has raised 4 billion yuan ($661 million) in the largest listing in mainland China since authorities ended a 14-month freeze on the IPO market late last year. Companies' fund raising hopes...

Metro to list stake in Russian unit to cut debt, invest

2014-01-21 00:00:00

BERLIN, Jan 20 (Reuters): German retailer Metro AG plans to sell up to a quarter of its Russian cash-and-carry unit in a London listing in coming months to raise funds to invest in the fast-growing business and pay down debt....

Wipro hits 52-week high

2014-01-21 00:00:00

NEW DELHI, Jan 20 (Economic Times): Wipro rose as much as 4.5 per cent in morning trade on Monday to touch its fresh 52-week high of Rs 577.75, after India's third-largest software services provider reported a 27 per cent rise...

IPO Diary

2014-01-21 00:00:00

Photo: IFIC Bank Limited signed an agreement with Pragati Life Insurance Ltd

2014-01-21 00:00:00