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India, Turkey to discuss FTA to boost bilateral trade

2011-04-20 00:00:00

Turkey Tuesday said it will discuss opening up of their markets with India under a free trade agreement (FTA), reports Business Standard. "We will be discussing issues relating to non-tariff and tariff barriers under FTA with Indian authorities," Turkish Trade...

Goldman sachs Q-1 profit tops analysts' estimates

2011-04-20 00:00:00

Apr 19, 2011: Goldman Sachs Group Inc. (GS), the fifth-biggest U.S. bank, posted a 21 percent drop in first- quarter profit, a smaller decline than analysts estimated, as fixed-income trading revenue more than doubled from a weak fourth quarter. Net...

GM defying China slowdown may reclaim sales lead from Toyota

2011-04-20 00:00:00

Apr 19, 2011: General Motors Co. (GM) and Volkswagen AG (VOW) expect to boost vehicle sales in China faster than the nation's economic growth rate, defying government policies to curb sales and threatening Toyota Motor Corp. (7203)'s standing as the...

18 die in Guwahati helicopter crash

2011-04-20 00:00:00

GUWAHATI, April 19 : At least 18 people died and five others were badly burnt on Tuesday when a helicopter crashed and exploded as it tried to land in a mountainous region of northeast India. "The number of those killed...

Cook birdies playoff hole to win Outback

2011-04-20 00:00:00

LUTZ (Florida), Apr 18: John Cook birdied the first hole of a playoff against Jay Don Blake to win the Outback Steakhouse Pro-Am Sunday, his second Champions Tour title of the year. Cook, also the winner of the season-opening Mitsubishi...

Grizzlies stun Spurs, Hornets sting Lakers

2011-04-20 00:00:00

SAN ANTONIO (Texas), Apr 18: The New Orleans Hornets shocked the two-time defending NBA champion Lakers and upstart Memphis edged top-seeded San Antonio Sunday in a pair of Western Conference playoff opener upsets. Seventh-seeded New Orleans beat the Lakers 109-100...

Palencia scores twice as Pumas beat Queretaro

2011-04-20 00:00:00

MEXICO CITY, Apr 18: Francisco Palencia scored twice and assisted on a third goal to help UNAM Pumas defeat Queretaro 3-0 to stay atop the Mexican Clausura championship. Palencia scored in the 10th and 19th minutes before setting up Dante...

Make or break for Australian sides

2011-04-20 00:00:00

SINGAPORE, Apr 18: Australian hopefuls Melbourne Victory and Sydney FC are facing a make-or-break week as they bid to ignite their flagging AFC Champions League campaigns. As the pool stage passes the halfway mark, Melbourne, with just one point, will...

Man held with fake notes

2011-04-20 00:00:00

A man was arrested along with counterfeit currency notes from NCC Bank branch of Savar Sunday.The arrestee was identified as Kamrul Hasan, son of late Solaiman Khan of Panchkhola village in Sadar Upazila of Madaripur district.Police said Kamrul deposited 15...

Global automakers unveil ambitious China expansion plans

2011-04-20 00:00:00

SHANGHAI, April 19 (AP): Global automakers unveiled ambitious expansion plans for China Tuesday, targeting the country's newly prosperous drivers as the industry struggles to recover from Japan's tsunami. Nissan Motor Co plans to raise sales by about 15 per cent...

Singapore to become Chinese yuan offshore trading centre

2011-04-20 00:00:00

SINGAPORE, April 19 (AP): Singapore will join Hong Kong as an offshore trading centre for China's currency, the state-run Straits Times newspaper said Tuesday, citing a top official. Singapore will not try to rival Hong Kong as a yuan trading...

Toshiba cuts operating profit outlook on quake

2011-04-20 00:00:00

TOKYO, April 19 (AFP): Japan's Toshiba Tuesday said its sales and operating profit forecast for the financial year ended March would miss earlier projections due to last month's earthquake and tsunami. The firm lowered its forecasts due to the impact...

Sri Lanka gets most FDI from India in 2010

2011-04-20 00:00:00

COLOMBO, April 19 (LBO): India was the largest source of foreign direct investment to Sri Lanka in 2010 with 110 million US dollars followed by Malaysia with 72 million US dollars and the United Arab Emirates 66 million dollars, the...

Asian Tiger Capital Partners market update on DSE

2011-04-20 00:00:00

Events: The Benchmark General Index DGEN ended in the red for the fourth consecutive session to register loss of 1.08%. The approval of BD fund by the regulators previous day had a positive effect as market notched up 150 points...

Muhith stresses forestry to cope with climate change

2011-04-20 00:00:00

FE ReportFinance minister Abul Maal Abdul Muhith has disagreed with the forest department's claim of having 17 per cent forestry in the country saying that the percentage would be no more than 9.0 per cent. He said density of population...

India, Turkey to discuss FTA to boost bilateral trade

2011-04-20 00:00:00

Turkey Tuesday said it will discuss opening up of their markets with India under a free trade agreement (FTA), reports Business Standard. "We will be discussing issues relating to non-tariff and tariff barriers under FTA with Indian authorities," Turkish Trade...

Goldman sachs Q-1 profit tops analysts' estimates

2011-04-20 00:00:00

Apr 19, 2011: Goldman Sachs Group Inc. (GS), the fifth-biggest U.S. bank, posted a 21 percent drop in first- quarter profit, a smaller decline than analysts estimated, as fixed-income trading revenue more than doubled from a weak fourth quarter. Net...

GM defying China slowdown may reclaim sales lead from Toyota

2011-04-20 00:00:00

Apr 19, 2011: General Motors Co. (GM) and Volkswagen AG (VOW) expect to boost vehicle sales in China faster than the nation's economic growth rate, defying government policies to curb sales and threatening Toyota Motor Corp. (7203)'s standing as the...

18 die in Guwahati helicopter crash

2011-04-20 00:00:00

GUWAHATI, April 19 : At least 18 people died and five others were badly burnt on Tuesday when a helicopter crashed and exploded as it tried to land in a mountainous region of northeast India. "The number of those killed...

Cook birdies playoff hole to win Outback

2011-04-20 00:00:00

LUTZ (Florida), Apr 18: John Cook birdied the first hole of a playoff against Jay Don Blake to win the Outback Steakhouse Pro-Am Sunday, his second Champions Tour title of the year. Cook, also the winner of the season-opening Mitsubishi...

Grizzlies stun Spurs, Hornets sting Lakers

2011-04-20 00:00:00

SAN ANTONIO (Texas), Apr 18: The New Orleans Hornets shocked the two-time defending NBA champion Lakers and upstart Memphis edged top-seeded San Antonio Sunday in a pair of Western Conference playoff opener upsets. Seventh-seeded New Orleans beat the Lakers 109-100...

Palencia scores twice as Pumas beat Queretaro

2011-04-20 00:00:00

MEXICO CITY, Apr 18: Francisco Palencia scored twice and assisted on a third goal to help UNAM Pumas defeat Queretaro 3-0 to stay atop the Mexican Clausura championship. Palencia scored in the 10th and 19th minutes before setting up Dante...

Make or break for Australian sides

2011-04-20 00:00:00

SINGAPORE, Apr 18: Australian hopefuls Melbourne Victory and Sydney FC are facing a make-or-break week as they bid to ignite their flagging AFC Champions League campaigns. As the pool stage passes the halfway mark, Melbourne, with just one point, will...

Man held with fake notes

2011-04-20 00:00:00

A man was arrested along with counterfeit currency notes from NCC Bank branch of Savar Sunday.The arrestee was identified as Kamrul Hasan, son of late Solaiman Khan of Panchkhola village in Sadar Upazila of Madaripur district.Police said Kamrul deposited 15...

Iran sees further rise in oil prices by end 2011

2011-04-20 00:00:00

TEHRAN, April 19 (AFP): Iran, which chairs the oil producers' cartel OPEC, said Tuesday it expects global crude prices to further rise by the end of 2011 while the secretary-general urged wealthy G8 countries to cut fuel taxes. "The price...

Pakistan textile exports surge 30.43pc in nine months

2011-04-20 00:00:00

ISLAMABAD, April 19 (Business Recorder): Despite challenges of energy shortage, the textile exports surged by 30.43 per cent during the first nine months of the current fiscal year as against the same period of last year. Textile exports during July-March...

Japan co unveils solar home appliances

2011-04-20 00:00:00

FE ReportA Japanese company has launched solar-powered home appliances, which will almost halve energy use. Japan Solartech (Bangladesh) Limited unveiled the products at a seminar on 'Total Solar Solutions: A Road to Sustainable Energy' at a city hotel Monday. The...

China limits Japanese food imports for public health

2011-04-20 00:00:00

BEIJING, April 19 (Xinhua): Many countries have limited food imports from Japan after its recent nuclear crisis and the Chinese reaction has been "proper" and "moderate" for the protection of public health, China's Ministry of Commerce (MoC) said Tuesday. China...

Asian Tiger Capital Partners market update on DSE

2011-04-20 00:00:00

Events: The Benchmark General Index DGEN ended in the red for the fourth consecutive session to register loss of 1.08%. The approval of BD fund by the regulators previous day had a positive effect as market notched up 150 points...

Muhith stresses forestry to cope with climate change

2011-04-20 00:00:00

FE ReportFinance minister Abul Maal Abdul Muhith has disagreed with the forest department's claim of having 17 per cent forestry in the country saying that the percentage would be no more than 9.0 per cent. He said density of population...