FE Today Logo

Search results for:


Oil prices slide almost three dollars

2011-05-24 00:00:00

LONDON, May 23 (AFP): Oil prices slumped Monday, hit by renewed concerns over European debt and weak Chinese output data, while the market waited to see if a new volcanic ash cloud would hit demand for aircraft fuel. New York's...

Coal exports from US reach 20-yr high on Australia floods

2011-05-24 00:00:00

LONDON, May 23 (Bloomberg): US coal exports rose to a 20-year high after floods in Australia disrupted supply of the variety used to make steel, said Simpson, Spence & Young Ltd, the world's second-largest shipbroker. Shipments climbed to an annual...

Gold may rise for a second day

2011-05-24 00:00:00

LONDON, May 23 (Bloomberg): Gold may gain for a second day in London as deepening concern over Europe's sovereign debt crisis spurs demand for the metal as a protection of wealth. Standard and Poor's last week cut Italy's credit-rating outlook...

Mahindra Satyam posts Q4 loss

2011-05-24 00:00:00

HYDERABAD, May 23 (Reuters): Indian software services exporter Mahindra Satyam Monday posted a net loss for its fiscal fourth quarter, hurt by a one-time expense due to a US shareholder lawsuit settlement, sending its shares down more than 5 per...

Sony sees $3.2b net loss for 20102011

2011-05-24 00:00:00

TOKYO, May 23 (Reuters): Sony Corp said Monday it would post a $3.2-billion net loss for the year that ended on March 31, the latest setback for the Japanese consumer electronics giant. The maker of the PlayStation video games, Vaio...

Asian Tiger Capital Partners market update on DSE

2011-05-24 00:00:00

The Benchmark General Index DGEN started from where it left off previous day losing another 2.47%. Its difficult to see if investors will be able to stop panic selling without any assurance from the Finance Minister about not imposing capital...

Bajaj Electricals Q4 net up 53pc

2011-05-24 00:00:00

NEW DELHI, May 23: Bajaj Electricals Monday posted a 53.4 per cent growth in its net profit at Rs 574.6 million for the quarter ended March 31, as against the year-ago period. The company, which makes fans and other appliances,...

S Arabia leads Gulf Arab capital markets

2011-05-24 00:00:00

DUBAI, May 23: Saudi Arabia's stock market Tadawul remained remarkably resilient against the regional uncertainty yesterday, as oil prices stabilized at around 100 US dollars per barrel. Both the Tadawul market, up 0.29 per cent at 6,750.75 points, and the...

Deal with IDB on Padma Bridge loan today

2011-05-24 00:00:00

After the World Bank and Japan, the government will sign another loan agreement of US$ 140 million with the Islamic Development Bank (IDB) on Tuesday morning to finance the cost of construction of Padma Multipurpose Bridge (PMB). The agreement will...

Khaleda meets British FM

2011-05-24 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*****

2011-05-24 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

2011-05-24 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...

BEPZA achieves significant growth in employment, investment, export

2011-05-24 00:00:00

Badrul AhsanBangladesh Export Processing Zones Authority (BEPZA) has achieved significant growths in employment, investment and export during the first 10 months of the current financial year (FY) 2010-2011. According to the statistics of BEPZA, it has achieved an astounding growth...

Renault India aims to sell 100,000 vehicles by end '13

2011-05-24 00:00:00

NEW DELHI, May 23 (Reuters): French car maker Renault's Indian unit expects to sell 100,000 vehicles by the end of 2013, a top executive said Monday, after it launched its first independent model in the world's second-fastest growing auto market....

EU commissioner presses China on trade issues

2011-05-24 00:00:00

FRANKFURT, Germany, May 23 (AFP): China must respect a reciprocal extension of trade relations, EU trade commissioner Karel De Gucht said today in an interview as conflicts grew between the two major economic powers. De Gucht, who is from Belgium,...

Reliance fuel exports from India rise 25pc on gasoline, jet-fuel shipments

2011-05-24 00:00:00

MUMBAI, May 23 (Bloomberg): Fuel exports by Reliance Industries Ltd. (RIL), India's largest publicly traded company, climbed 25 per cent in the first half of May from a month earlier as it shipped more gasoline to the US and demand...

Mahindra Satyam posts Q4 loss

2011-05-24 00:00:00

HYDERABAD, May 23 (Reuters): Indian software services exporter Mahindra Satyam Monday posted a net loss for its fiscal fourth quarter, hurt by a one-time expense due to a US shareholder lawsuit settlement, sending its shares down more than 5 per...

Sony sees $3.2b net loss for 20102011

2011-05-24 00:00:00

TOKYO, May 23 (Reuters): Sony Corp said Monday it would post a $3.2-billion net loss for the year that ended on March 31, the latest setback for the Japanese consumer electronics giant. The maker of the PlayStation video games, Vaio...

Asian Tiger Capital Partners market update on DSE

2011-05-24 00:00:00

The Benchmark General Index DGEN started from where it left off previous day losing another 2.47%. Its difficult to see if investors will be able to stop panic selling without any assurance from the Finance Minister about not imposing capital...

Bajaj Electricals Q4 net up 53pc

2011-05-24 00:00:00

NEW DELHI, May 23: Bajaj Electricals Monday posted a 53.4 per cent growth in its net profit at Rs 574.6 million for the quarter ended March 31, as against the year-ago period. The company, which makes fans and other appliances,...

S Arabia leads Gulf Arab capital markets

2011-05-24 00:00:00

DUBAI, May 23: Saudi Arabia's stock market Tadawul remained remarkably resilient against the regional uncertainty yesterday, as oil prices stabilized at around 100 US dollars per barrel. Both the Tadawul market, up 0.29 per cent at 6,750.75 points, and the...

Deal with IDB on Padma Bridge loan today

2011-05-24 00:00:00

After the World Bank and Japan, the government will sign another loan agreement of US$ 140 million with the Islamic Development Bank (IDB) on Tuesday morning to finance the cost of construction of Padma Multipurpose Bridge (PMB). The agreement will...

Khaleda meets British FM

2011-05-24 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*****

2011-05-24 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

2011-05-24 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...

Two years on poor getting poorer in Aila-affected areas

2011-05-24 00:00:00

SATKHIRA, May 23 (UNB) : Although two years have passed since the devastating cyclone Aila hit in the coastal regions, no significant change has been brought into the lives of Aila-affected people, who are still looking to the unknown destination....

Child marriage bid foiled in Faridpur

2011-05-24 00:00:00

FARIDPUR, May 23 (BSS): An incident of child marriage, a punishable offence under the law of the land, was averted Sunday at a timely interference of Nagarkanda Upazila administration. According to official sources, the marriage of Eti Akhtar (12), daughter...

Maize produced in river beds

2011-05-24 00:00:00

Our CorrespondentNILPHAMARI, May 23: Shoals and dried up river beds are used as main maize producing areas in Nilphamari district. Particularly in the shoals of the rivers in Dimla and Jaldhaka Upazilas of the district green maize is grown profusely....

Food shortage turns acute in Khulna

2011-05-24 00:00:00

Our CorrespondentKHULNA, May 23: The scarcity of food has turned acute in coastal district Khulna. 76,037 metric tonnes of rice was short in Khulna during the 2005- 2006 financial year while the shortage stood at 1, 30,754 metric tonnes in...

NETP seminar on export held in Gopalganj

2011-05-24 00:00:00

Our Correspondent GOPALGANJ, May 23: A seminar under National Export Training Programme (NETP) was held at Circuit House conference room, Gopalganj Sunday. The seminar was jointly organised by Export Promotion Bureau (EPB), Dhaka in cooperation with the Gopalganj Chamber of...