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2014-01-18 00:00:00

DITF sees rush of visitors Friday

Badrul Ahsan | 2014-01-18 00:00:00

The Dhaka International Trade Fair (DITF) attracted an increased number of visitors Friday, the first weekly holiday after its inauguration in January 11. Over one hundred thousand people visited the exhibition on the day, after a poor turnout during the...

Rice prices still on a higher path

2014-01-18 00:00:00

FE Report Onion prices went down significantly on Friday compared with those of previous after the arrival of newly harvested crop in the market. While daily consumed rice prices were stable with maintaining higher price range, aromatic rice witnessed a...

BBS to conduct second Rural Credit Survey Jan 26-Feb 9

2014-01-18 00:00:00

FE Report Bangladesh Bureau of Statistics (BBS) will conduct its second Rural Credit Survey from January 26 until February 09 this year to identify sources, demand and use of credit in rural areas of the country. BBS will carry out...

Dollar slips in Asia despite upbeat jobs data

2014-01-18 00:00:00

TOKYO, Jan 17 (AFP) : The dollar drifted lower in Asia on Friday as weak inflation figures and disappointing US corporate results dampened investor sentiment, while the euro was also under pressure on deflation fears. The greenback bought 104.34 yen...

IBM to spend $1.2b to expand cloud services

2014-01-18 00:00:00

New York, Jan 17 (Reuters): IBM Corp said it will invest more than $1.2 billion to build up to 15 new data centers across five continents to expand its cloud services and reach new clients and markets. The new cloud...

IJSG\\\'s successor body high on agenda

Rezaul Karim | 2014-01-18 00:00:00

The first Bangladesh-India joint working group (JWG) meeting is set to be held this month for further strengthening bilateral relations between the two countries in textiles, officials said. In the upcoming meeting on January 21 to be held in the...

Oil prices down in Asian trade

2014-01-18 00:00:00

SINGAPORE, Jan 17: World oil prices eased in Asian trade Friday owing to supply concerns as non-OPEC members such as the United States ramp up production. US benchmark West Texas Intermediate for delivery in February dipped one cent to $93.95...

Ireland\\\'s trade surplus at lowest level since 2008

2014-01-18 00:00:00

DUBLIN, Jan 17: Ireland's trade surplus in November last year fell 15 per cent to just over 2.5 billion euros (3.4 billion US dollars), according to official figures released on Thursday. The figures from the Central Statistics Office (CSO) showed...

Bernanke: Fed well-prepared for stimulus fallout

2014-01-18 00:00:00

WASHINGTON, Jan 17:  Outgoing Federal Reserve Chairman Ben Bernanke said Thursday that the US central bank is well-prepared to handle any risks from its stimulus, such as higher inflation and asset bubbles. Speaking two weeks before he ends his tenure...

Apple China Mobile launch could spark costly subsidy war

2014-01-18 00:00:00

BEIJING, Jan 17 (Reuters): Apple Inc is finally launching its iPhone on China Mobile Ltd's vast network on Friday, opening the door to the world's largest carrier's 763 million subscribers and giving its China sales a short-term jolt. Underlining how...

Goldman Sachs quarterly profits dip on legal costs

2014-01-18 00:00:00

NEW YORK, Jan 17 (AFP): Investment bank Goldman Sachs Thursday reported a 20.6 per cent decline in quarterly earnings, as elevated litigation expenses offset higher underwriting revenues from public offerings. Fourth-quarter earnings came in at $2.2 billion on revenues of...

Japan says economy \\\'recovering\\\', first time in six years

2014-01-18 00:00:00

TOKYO, Jan 17 (AFP) : A Japanese government report Friday said the economy was "recovering", its first use of the word since the 2008 global financial crisis, as Prime Minister Shinzo Abe works to revive years of tepid growth. Tokyo's...

British FM backs minimum wage rise

2014-01-18 00:00:00

LONDON, Jan 17 (AFP): British Finance Minister George Osborne said he backed an above-inflation rise in the minimum wage to support the fragile economic recovery. Conservative Osborne told the BBC on Thursday that "Britain can afford" for the figure to...

Cold wave, previous stock slow down salt production this season

Sonia H Moni | 2014-01-18 00:00:00

Salt production in the country is going at a slow pace this season due to cold wave and adequate stock of the previous season, according to officials of Bangladesh Small and Cottage Industries Corporation (BSCIC).  The government has set the...

Japan economy \\\'recovering\\\' first time in six years

2014-01-18 00:00:00

TOKYO, Jan 17 (AFP): A Japanese government report today said the economy was "recovering", its first use of the word since the 2008 global financial crisis, as Prime Minister Shinzo Abe works to revive years of tepid growth. Tokyo's monthly...

UAE sees sharp rise in foreign direct investments in 2014

2014-01-18 00:00:00

DUBAI, Jan. 17 (Xinhua): The United Arab Emirates (UAE) is expected to attract 14.4 billion U.S. dollars foreign direct investments in 2014, representing a 20 percent year-on-year increase, undersecretary for the Ministry of Economy and Foreign Trade said here yesterday....

Ireland\\\'s trade surplus at lowest level since 2008

2014-01-18 00:00:00

DUBLIN, Jan. 17 (Xinhua): Ireland's trade surplus in November last year fell 15 percent to just over 2.5 billion euros  (3.4 billion U.S. dollars), according to official figures released on Thursday. The figures from the Central Statistics Office (CSO) showed...

Ireland\\\'s trade surplus at lowest level since 2008

2014-01-18 00:00:00

DUBLIN, Jan. 17 (Xinhua): Ireland's trade surplus in November last year fell 15 percent to just over 2.5 billion euros  (3.4 billion U.S. dollars), according to official figures released on Thursday. The figures from the Central Statistics Office (CSO) showed...

Taiwan lifts ban on Canadian beef-on-the-bone

2014-01-18 00:00:00

TAIPEI, Jan 17 (AFP): Taiwan on Friday lifted a ban on imports of Canadian beef-on-the-bone as part of its efforts to promote investment talks with the country and its participation in regional trade blocs. Under the new measure set to...

British finance minister backs minimum wage rise

2014-01-18 00:00:00

LONDON, Jan 17 (AFP): British Finance Minister George Osborne said he backed an above-inflation rise in the minimum wage to support the fragile economic recovery. Conservative Osborne told the BBC on Thursday that "Britain can afford" for the figure to...

Faulkner heroics send England crashing

2014-01-18 00:00:00

BRISBANE, Jan 17 (AFP): Australian allrounder James Faulkner smashed 69 runs from just 47 balls to give Australia a miraculous one wicket win in the second one day international at the Gabba Friday. Chasing 301 for victory, Australia looked down...

Div II Football Police beat Dilkusa SC

2014-01-18 00:00:00

Bangladesh Police AC beat Dilkusa Sporting Club by 1-0 goal in a match of the Kool 2nd Division Football League at the Bir Shreshtha Shaheed Sepoy Mostafa Kamal Stadium at Kamalapur in the city Friday, reports UNB. Kamrul Islam scored...

Injured Pak paceman Bhatti returns home

2014-01-18 00:00:00

SHARJAH, Jan 17 (AFP): Injured Pakistan paceman Bilawal Bhatti has been sent home after he was ruled out of the third Test against Sri Lanka due to hamstring injury, team manager Moin Khan said Thursday. The 22-year-old made his Test...

Messi nets double, Neymar injured in Barca win

2014-01-18 00:00:00

MADRID, Jan 17 (AFP): Lionel Messi scored twice, including one brilliant individual effort, in his first start of the year as Barcelona beat Getafe 2-0 in the second-leg of their Copa del Rey last 16 tie to progress 6-0 on...

Serena, Li advance in Melbourne

2014-01-18 00:00:00

MELBOURNE, Jan 17 (AFP): Serena Williams smashed the 39-year-old record for Australian Open wins Friday as she powered into the fourth round closely followed by China's Li Na on another scorching day in Melbourne. The American five-time champion, making light...

Perera, Mathews miss tons as SL foil Pakistan

2014-01-18 00:00:00

SHARJAH, Jan 17 (AFP): Dilruwan Perera missed a century on his debut while skipper Angelo Mathews fell for 91 as Sri Lanka frustrated Pakistan in the third and final Test in Sharjah Friday. Perera (95) and Mathews made life difficult...

Hope for political stability pushes stocks up

Babul Barman | 2014-01-18 00:00:00

The stock market closed higher for the third straight week that ended Thursday with turnover improving further as political turmoil eased.  "Easing of political crisis and hope for market-friendly Monetary Policy Statement (MPS) boosted investors' confidence. As a result, the...

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2014-01-18 00:00:00

Indian shares continue retreat

2014-01-18 00:00:00

MUMBAI, Jan 17 (Reuters): Indian shares fell nearly 1 per cent on Friday after Tata Consultancy Services slumped as its quarterly profit adjusted for other income lagged expectations, sparking some profit-taking in recently outperforming software services exporters. Software exporters accounted...