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Copper, aluminium, zinc slide on Japan, Germany concerns

2011-03-29 00:00:00

LONDON, Mar 28 (Commodity Online): With global concerns mounting on worsening Japan nuclear crisis and Europe's recovery in question, as German Chancellor Angela Merkel's coalition lose state elections, copper, aluminium and zinc showed decline. Three month copper contract on LME...

Philippines may seek rice import quota extension

2011-03-29 00:00:00

MANILA, Mar 28 (Commodity Online): With an objective to protect the interests of its farmers, Philippines may seek WTO, the extension of rice import quota due to expire in 2012 to 2015. The restrictions on rice imports materialized as the...

'South Africa needs to consider Liquid Natural Gas resources'

2011-03-29 00:00:00

JOHANNESBURG, Mar 28 (Commodity Online): With the price of finite energy resources such as oil and coal, currently on the increase South Africa needs to consider liquid natural gas reserves as an alternative energy resource, believes Frost and Sullivan. As...

China bio-fuel policy may give way to food security priorities

2011-03-29 00:00:00

BEIJING, Mar 28 (Commodity Online): China's food security objectives may get clashed with its energy independence and environmental objectives, according to a recent publication by the US International Trade Commission. Biofuel development in China may experience constrains, as a result,...

Oil eases as Libya rebels recapture major oil port

2011-03-29 00:00:00

SINGAPORE, Mar 28 (Commodity Online): World oil prices eased in Asian trade Monday as Europe debt concerns escalated, following reduction in bailout package by the EU. Light sweet crude for May delivery was seen trading at $105.02 a barrel at...

Pakistan may import 0.15m tonnes of palm oil in April

2011-03-29 00:00:00

ISLAMABAD, Mar 28 (Commodity Online): With the carry-over stocks dwindling, Pakistan may opt to import up to 150,000 tonnes of palm oil in April, according to The Nation. Pakistan is the world's fourth-largest buyer of vegetable oil. The country brought...

India coffee exports surge to 0.3m tonnes

2011-03-29 00:00:00

MUMBAI, Mar 28 (Commodity Online): Indian coffee exports have registered a surge to 0.3 million tonnes from the previous year's 1, 95,068 tons with exports of value added coffee also going up. Last year, the country earned 20.61 billion from...

Boro production may be hampered by power crisis

2011-03-29 00:00:00

Our CorrespondentBRAHMANBARIA, Mar 28: Farmers in Brahmanbaria district are now hesitating with their Boro seedlings for fear of not getting proper irrigation as frequent load-shedding began on the eve of the season. Most of the farmers have to depend on...

Independence Day observed in Khulna

2011-03-29 00:00:00

Our correspondentKHULNA, Mar 28: Independence and National day was observed in Khulna, Bagerhat and Satkhira as elsewhere in the country with renewed pledge. The programmes were heralded with the placing of floral wreathes at the altar of the central of...

Six killed in separate incidents in Rangpur

2011-03-29 00:00:00

RANGPUR, Mar 28 (BSS): Six person, including a minor girl, were killed in separate incidents at different places in the district during the last 24 hours till this morning, police and local sources said. Life term convict Anukul Chandra (50)...

JU agreement with Japanese varsity signed

2011-03-29 00:00:00

JU CorrespondentJAHANGIRNAGAR UNIVERSITY, MAR 28: An agreement on development for education and research has been formally signed at the Vice-Chancellor' office room of Jahangirnagar University with the University Of Shiga Prefecture Of Japan here on March 24. Professor Dr Md...

RAKUB disburses agri-loan in N-region

2011-03-29 00:00:00

RAJSHAHI, Mar 28 (BSS): Rajshahi Krishi Unnayan Bank (RAKUB) has disbursed Tk 6.26 billion as loan to boost rural economy as well as create employment through enhancing agricultural and non- agricultural production everywhere in the country's northwestern region during the...

Not enough space for potatoes in cold storages

2011-03-29 00:00:00

Our Correspondent NILPHAMARI, Mar 28: Shortage of cold storages has created agony among the potato growers in Nilphamari district who are not getting space to store their potatoes there. There are 9 cold storages in the district both of small...

Bamboo production shrinking for overuse

2011-03-29 00:00:00

Our Correspondent RANGPUR, Mar 28: Bamboo clusters are fast disappearing from all the upazilas of Rangpur district owing to indiscriminate cutting of bamboos and lack of efforts for its planned growth. Bamboos are essential both for construction of huts and...

India coffee exports surge to 0.3m tonnes

2011-03-29 00:00:00

MUMBAI, Mar 28 (Commodity Online): Indian coffee exports have registered a surge to 0.3 million tonnes from the previous year's 1, 95,068 tons with exports of value added coffee also going up. Last year, the country earned 20.61 billion from...

Libyan rebels' bid to form a government-in-waiting

2011-03-29 00:00:00

BENGHAZI, Mar 28 (agencies): As Libya's rebel fighters push west, retaking towns they lost to government forces a week earlier, opposition representatives in Benghazi are trying to form a government-in-waiting. The task is a difficult and delicate one, being handled...

Mubarak, family under house arrest

2011-03-29 00:00:00

CAIRO, Mar 28 (ageencies): Ousted president Hosni Mubarak and his family are under house arrest, Egypt's Supreme Council of the Armed Forces said on its website Monday, denying the former leader had fled to Saudi Arabia. Meanwhile: Egypt will hold...

Suicide bomber kills 20 in Afghanistan

2011-03-29 00:00:00

KHOST, (Afghanistan), Mar 28 (Reuters): Three suicide bombers killed 20 people in an attack on a construction firm in a restive province in southeastern Afghanistan, government officials said Monday, with the Taliban claiming responsibility for the assault. Violence across Afghanistan...

Iraq violence kills 13

2011-03-29 00:00:00

BAGHDAD, Mar 28: A spate of unrelated attacks around Iraq killed 13 people, including seven in the northern city of Mosul and four during a jewellery heist in Baghdad, police and other sources said on Monday. Overnight, gunmen stormed into...

New drug developed to fight skin cancer melanoma

2011-03-29 00:00:00

BEIJING, Mar 28: A new drug named Yervoy has been developed in the U.S. to prolong the lives of people with the skin cancer melanoma, according to media reports Monday. Developed by Bristol-Myers Squibb, Yervoy is in a new class...

Yemen transfer talks stalled but deal within reach

2011-03-29 00:00:00

SANAA, Mar 28 Yemeni talks on a transition from President Ali Abdullah Saleh's rule have stalled in a public game of brinkmanship, but sources close to the discussions say a deal is still within reach. Saleh, who has been alternately...

India's tiger numbers up in new count

2011-03-29 00:00:00

NEW DELHI, Mar 28: India, home to most of the world's wild tigers, on Monday reported a rise in the animal's numbers for the first time in years in a rare piece of good news for conservationists. The census found...

India arrests 16 Somali pirates

2011-03-29 00:00:00

NEW DELHI, Mar 28: The Indian navy has arrested 16 Somali pirates and freed the same number of crewmen after a battle with a hijacked ship in the Arabian Sea, a spokesman said Monday. A navy vessel and a coast...

Berlusconi attends fraud case hearing

2011-03-29 00:00:00

MILAN, Mar 28: Italian Prime Minister Silvio Berlusconi attended a legal hearing on Monday for the first time in eight years, over allegations of fiscal fraud and breach of trust in his business interests. The hearing in Milan is part...

Pro-Ouattara forces push west Ivory Coast offensive

2011-03-29 00:00:00

ABIDJAN, Mar 28: Fighters backing recognised president Alassane Ouattara launched Monday their biggest offensive yet to seize control of western Ivory Coast, attacking a key town held by his presidential rival. Fierce fighting raged throughout the morning in the strategic...

Bangladesh recall Mortaza

2011-03-29 00:00:00

Bangladesh selectors recalled Monday fast bowler Mashrafe Mortaza for next month's one-day series against Australia after he missed the World Cup with a knee injury, reports AFP. Mortaza (27) who has 145 wickets in 116 one-day internationals, watched from the...

Wright backs Kiwis aggression

2011-03-29 00:00:00

WELLINGTON, March 28 (AFP): New Zealand coach John Wright has praised his team's aggressive approach ahead of Tuesday's World Cup semi-final against Sri Lanka in Colombo. Wright brushed aside criticism of New Zealand's conduct in its shock quarter-final win over...

Fans' desperate bid to find ticket for Indo-Pak match

2011-03-29 00:00:00

MOHALI, India, Mar 28 (AFP): Hundreds of eager fans stood in long queues at the Punjab Cricket Association ground on Monday in a final, desperate bid to find a ticket for the India-Pakistan World Cup semi-final. Sai Das, a resident...

Blatter urges Brazil to speed up WC stadia

2011-03-29 00:00:00

GENEVA, Mar 28 (AFP): FIFA president Sepp Blatter on Monday urged Brazil to speed up its 2014 World Cup preparations, warning that Rio and Sao Paolo might not be ready to host Confederations Cup matches a year beforehand. "If you...

Vettori eyes bigger things

2011-03-29 00:00:00

COLOMBO, Mar 28 (AFP): Skipper Daniel Vettori said New Zealand must make their semi-final against Sri Lanka Tuesday a starting point for bigger achievements in international cricket. The Black Caps have never progressed beyond the World Cup semi-finals in five...