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Hyundai production improving after strike ends

2011-05-26 00:00:00

SEOUL, May 25 (AFP): South Korea's top automaker Hyundai Motor said today its engine production was returning to normal after thousands of riot police broke up a strike at a key parts supplier. About 2,700 police backed by water cannon...

Durable goods orders in US likely to fall in April

2011-05-26 00:00:00

WASHINGTON, May 25 (Bloomberg): Orders for US durable goods probably fell in April, reflecting less demand for aircraft and disruptions in supplies of auto parts stemming from the earthquake in Japan, economists said before a report today. The projected 2.5...

Russia's Alrosa diamond giant reveals profits, reserves

2011-05-26 00:00:00

MOSCOW, May 25 (AFP): Russia's secretive state-owned diamond giant Alrosa disclosed its reserves and profits for the first time on Wednesday in its latest attempt to improve transparency ahead of a planned public listing. Alrosa said its diamond reserves of...

Chinese top foreign buyers of S'pore homes

2011-05-26 00:00:00

SINGAPORE, May 25 (AFP): Chinese nationals were the top foreign buyers of private property in Singapore in the March quarter, a report said today, the first time they have topped the list. Buyers from China accounted for a record 24...

Chicago grain prices extend losses on weak demand speculations

2011-05-26 00:00:00

CHICAGO, May 25 (Xinhua): The Chicago corn and wheat prices suffered a major loss yesterday, as investors booked in profits, worrying that the recent price surge may put a dent on domestic and export demand. Soybean also ended a tad...

Samsung zips past LG in India market after over 10 years

2011-05-26 00:00:00

NEW DELHI, May 25 (Economic Times): Samsung has overtaken arch rival LG in India after more than a decade of pitched battle to become a bigger player in the Rs 1,10,000-crore Indian consumer electronics and mobile handset market, thanks to...

Unilever raises China prices despite fine*

2011-05-26 00:00:00

BEIJING, May 25 (AFP): Consumer products giant Unilever has raised the prices of some household items in south China, state media said Wednesday, only weeks after the company was fined for announcing planned price hikes. Retailers in Guangzhou city, Guangdong...

AirAsia Q1 net profit falls 23pc

2011-05-26 00:00:00

KUALA LUMPUR, May 25 (Gulf News): AirAsia Bhd, Southeast Asia's biggest discount airline, said first-quarter profit fell 23 per cent due to higher fuel, maintenance and staffing costs as it added flights amid a surge in global oil prices. Net...

Asian Tiger Capital Partners market update on DSE

2011-05-26 00:00:00

The Benchmark General Index DGEN returned back to its usual orbit after previous day's modest rally to post a loss of 2.79%. Underlying market sentiment is extremely bearish at the moment which was on display again. The major problem as...

weather

2011-05-26 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over all the seven divisions in next 24 hours till 6.0 pm today (Thursday). Moderately heavy falls are also likely at places, Met office...

Khaleda meets British FM

2011-05-26 00:00:00

LONDON, May 19: The BNP Chairperson Khaleda Zia spent a busy day holding meetings with several ruling party leaders of the UK Wednesday. During the meetings with Parliamentary Human Rights Group Vice-Chairman Lord Avebury at the House of Lords and...

Increase of tax on tobacco demanded*****

2011-05-26 00:00:00

Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...

B'desh embassy 'Open House' event draws visitors

2011-05-26 00:00:00

A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...

Boro production overruns target in Rangpur

2011-05-26 00:00:00

Our Correspondent RANGPUR, May 25: Harvesting of Boro paddy has begun in eight districts of Rangpur division amid acute labour crisis. The farmers of the region are eying a good profit this season, as conducive climatic condition and proper use...

Workshop on non-formal education held in Faridpur

2011-05-26 00:00:00

FARIDPUR, May 25 (BSS): A daylong workshop on "Post Literacy Continuing Education for Human Development" ( PLCEHD) project-2 organised by Non-Formal Education Directorate to review its progress in the district was held at the conference room of DC Tuesday. Deputy...

Khulna share investors in dire straits

2011-05-26 00:00:00

Our CorrespondentKHULNA, May 25: Unemployed youths, students, business personnel, people of different occupation and even housewives entered into the share market with high risk as there is no alternative employment opportunity in Khulna. As a result, the number of brokerage...

Comprehensive steps stressed to end domestic violence

2011-05-26 00:00:00

RANGPUR, May 25 (BSS): Speakers at a daylong views-exchange meeting here have stressed on comprehensive efforts at family, society and state levels to end domestic violence against women for building a happier nation. They urged for showing cooperative attitude among...

Thunderbolt kills two in Jessore

2011-05-26 00:00:00

JESSORE, May 25 (BSS): Two persons were killed and two others injured when thunderbolts struck them at Brammondanga village under Monirampur Upazila of the district Tuesday. The deceased were identified as Maria Islam (15), daughter of Islam Morol and Rabiul...

Firearm recovered in Khulna

2011-05-26 00:00:00

KHULNA, May 25 (UNB) : Police in a drive recovered a firearm, seven rounds of bullet and phensidyl syrup in abandoned condition in Sonadanga bus terminal area of the city Monday night. Police said on secret information they conducted a...

Candidates urged to abide by electoral code of conducts properly

2011-05-26 00:00:00

GAIBANDHA, May 25 (BSS): Speakers at a function Tuesday urged the candidates to abide by the electoral code of conducts in Union Parishad (UP) election properly to ensure a peaceful atmosphere in the pre and post election period. "The candidates...

Body of youth recovered

2011-05-26 00:00:00

SHERPUR, May 25 (UNB) : Police here Tuesday morning recovered decomposed body of an unidentified youth from the bank of Mrigi River adjacent to Bataraghat Eidgah in Sadar Upazila. Police said locals found a trunk on the riverside at about...

Syedpur rly workshop running in full gear

2011-05-26 00:00:00

Our Correspondent NILPHAMARI, May 25: Despite acute manpower shortage Syedpur railway workshop increased its productivity by more than 30% in the last three months. Beginning from January to March this year, the workshop renovated 48 passenger coaches and 123 goods...

10 injured in Habiganj clash

2011-05-26 00:00:00

HABIGANJ, May 25 (UNB) : At least 10 people were injured in a clash between two groups of villagers over harvesting paddy from a disputed land at Madhabpur Upazila headquarters Tuesday morning. Police and local people said there was a...

News in brief

2011-05-26 00:00:00

Doctor commits suicide in Magura A medical doctor committed suicide in Magura Wednesday. The deceased was dentified as Kazi Rejaul Haque (53) of Sayed Moholla (Sahapara) area of Magura Town. Family sources said that mental depression was the main cause...

Increase of tax on tobacco demanded*****

2011-05-26 00:00:00

Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...

B'desh embassy 'Open House' event draws visitors

2011-05-26 00:00:00

A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...

Asian Tiger Capital Partners market update on DSE

2011-05-25 00:00:00

The Benchmark General Index DGEN showed signs of reversal to register gain of 1.26%. Finance Minister's comment in the parliament that he has not yet mentioned anywhere about imposing capital gain tax on retail investor's profit or requirement of TIN...

Huawei tapped for Citycell network expansion

2011-05-25 00:00:00

The country's oldest cellphone operator Citycell will expand this year its network focussing on voice and data services, the company chief said Tuesday. As part of the network expansion drive, the company inked an agreement with the Chinese network solution...

S Korea seeks to impose tariffs on rice imports

2011-05-25 00:00:00

The South Korean government has decided to pursue an early imposition of tariffs on rice imports in a bid to deal with its growing rice reserves, local media reported Tuesday. The ministry for food, agriculture, forestry and agriculture is seeking...

President, PM condoles death of Mirza Azam's father

2011-05-25 00:00:00

President M Zillur Rahman and Prime Minister (PM) Sheikh Hasina expressed their deep shock at the death of Mirza Abul Kashem, father of Jatiya Sangsad's Whip Mirza Azam, reports UNB. In separate messages, the President and PM prayed for the...