NEW DELHI, Jan 16 (Reuters): South Korea's POSCO will be able to finally start work on its planned $12-billion Indian steel plant over the coming weeks, India's prime minister said on Thursday, after being stuck on the drawing board for...
BEIJING, Jan 16 (Reuters): China said on Thursday it will take steps to boost bank lending and subsidies to small and medium-sized businesses in labour intensive industries, many of which are facing a tougher business environment. A joint statement issued...
VIENNA, Jan 16 (AFP): Oil cartel OPEC slightly nudged up its world oil demand growth forecasts for 2013 and 2014 on Thursday, citing positive developments in Europe and North America. For 2013, the 12-member Organization of Petroleum Exporting Countries estimated...
LONDON, Jan 16 (Reuters): Gold edged lower on Thursday, as a rally in equity markets and increasing optimism over global economic growth dented its appeal as an alternative investment and made it vulnerable to further losses. The metal, which had...
NEW DELHI, Jan 16 (Reuters): A panel of Indian ministers has approved the sale of a 10 per cent stake in state refiner Indian Oil Corp (IOC) to two state exploration firms, a move that will help the cash-strapped government...
SINGAPORE, Jan 16 (AFP): Oil prices were mixed in Asian trading hours Thursday but analysts said sentiment will continue to be boosted by expectations of higher world economic growth. US benchmark West Texas Intermediate (WTI) for delivery in February was...
Organisers of cricket's Asia Cup insisted the tournament would go ahead in troubled Bangladesh next month, even if one of the teams pulled out on safety grounds, as they unveiled the schedule Thursday, reports AFP. Defending champions Pakistan will take...
SHARJAH, Jan 16 (AFP): Sri Lanka fought hard against Pakistani spinners led by Saeed Ajmal to reach 220-5 at close on the opening day of the third Test in Sharjah Thursday. Ajmal took 2-62 to leave Sri Lanka struggling at...
The Asian Cricket Council (ACC), Thursday, confirmed Pakistan's participation in this year's Asia Cup in Bangladesh, reports Cricinfo. However, the regional cricket body has said that the participation of all teams is subject to their individual government's decision. Pakistan will...
Defending champions Sheikh Russell KC returned to the winning way in the Bangladesh Premier Football League beating Soccer Club, Feni by 2-0 goal at the Bangabandhu National Stadium in the city Thursday, reports UNB. By virtue of the day's victory,...
MELBOURNE, Jan 16 (AFP): Defending champion Victoria Azarenka breezed into the Australian Open third round Thursday in contrast to Maria Sharapova, who survived a big scare in sapping heat. The two-time title-holder crushed Czech Barbora Zahlavova Strycova 6-1, 6-4 in...
MANCHESTER, Jan 16 (AFP): Sergio Aguero marked his comeback with a goal as Manchester City swept past second-tier Blackburn Rovers with an emphatic 5-0 victory in their FA Cup third-round replay Wednesday. Held 1-1 at Ewood Park in the initial...
Zoar Haque Pradhan of Bangladesh finished 113th in the 12th Delhi International Grandmasters Chess Tournament securing three points at the end of the 10th and last round matches concluded Thursday in Delhi, reports UNB. Among the other Bangladeshi players, SM...
Purbachal earn win over Prantik in 2nd Div Football Purbachal Parishad earned 3-0 goal victory over Prantik Krira Chakra in the Kool Metropolis 2nd Division Football League at the Bir Shrestha Shaheed Sepoy Mostafa Kamal Stadium in Kamalapur Thursday. Al-Amin,...
FE Report | 2014-01-17 00:00:00
Dhaka stocks continued its rally Thursday for the seventh consecutive session with a marginal gain mainly riding on the same securities, which spurred the market sentiment over the week, officials said. The stakeholders said the markets are moving cautiously as...
FE Report | 2014-01-17 00:00:00
Islami Bank Bangladesh Ltd (IBBL) has encouraged its zonal and branch level officials to make it one of the best successful banks both at home and abroad. In this connection, the bank's top officials urged its executives to work with...
FE Report | 2014-01-17 00:00:00
DSEX has been reconstituted with two hundred and twenty six companies after December 2013 annual rebalancing, effective from January 19, 2014. Twenty three companies, namely¹, Fareast Finance, Eastern Cables, Renwick Jajneswar, National tubes, Bengal Windsor Thermoplastics, Bangladesh Building Systems, AMCL...
FE Report | 2014-01-17 00:00:00
Bangladesh Bank (BB) instructed all banks Thursday to register and sign Participation Agreements with the revenue service department of the United States (US) to share the latter's taxpayers' information. It has also asked the banks to obtain written consents and...
Prime First 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...
MUMBAI, Jan 16 (Reuters): The BSE Sensex ended marginally lower on Thursday, retracing from its highest levels in five weeks, as mobile carriers such as Idea Cellular slumped on possible high bidding prices at a spectrum auction next month with...
LONDON, Jan 16 (AFP): European stocks flattened on Thursday as investors awaited the latest batch of banking results from across the Atlantic, dealers said. London's FTSE 100 index of top companies rose 0.03 per cent to 6,822.07 points and in...
MUMBAI, Jan 16 (Economic Times): Shares of HCL Technologies hit a fresh life-time high in early trade after the company's net profit and margins beat analysts' expectations. Brokerages continue to maintain their 'bullish' view on the stock and are likely...
HONG KONG, Jan 16 (Reuters): Strength in Tencent Holdings shares helped prop up the Hang Seng Index on Thursday as investors cheered the Chinese internet giant's HK$1.5 billion ($193.5 million) investment in logistics and warehouse firm China South City Holdings....
MUMBAI, Jan 16 (PTI): Religare Invesco Mutual Fund (MF) today launched an open-ended fund of funds scheme, which seeks to generate capital appreciation by investing in 'Invesco pan European Equity Fund', a company release said. The new fund offer, which...
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 January 13, 2014, said a...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of three open-end mutual funds at the close of business operation on January 13, 2014, said a...
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