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BOJ ready to support markets

2011-03-13 00:00:00

Tokyo, Mar 12 (Bloomberg): Japan's central bank pledged to ensure financial stability after the nation's strongest earthquake on record forced Toyota Motor Corp to shut some plants, shut down oil refineries and sparked a plunge in stocks. Yesterday's magnitude 8.9...

Ecuador halts oil exports

2011-03-13 00:00:00

GUAYAQUIL, March 12 (AFP): - Ecuador's state oil company said Friday it has suspended crude oil exports due to risks posed by a Pacific-wide tsunami unleashed by a massive earthquake in Japan. "Petroecuador has suspended its oil exports and fuel...

IMF urges Pakistan to tame inflation

2011-03-13 00:00:00

WASHINGTON, March 12 (AFP): The International Monetary Fund Friday urged Pakistan to take further steps to curb inflation and buffer the economic shocks of higher oil prices. After a mission to Pakistan that ended Friday the IMF reported "constructive" talks...

Silver, gold slip amid weak market

2011-03-13 00:00:00

New Delhi, Mar 12 (PTI): Silver fell by Rs 1,100 to Rs 53,500 per kg in the bullion market yesterday, due to profit selling by stockists, amid a weak global trend. Gold also fell by Rs 200 to Rs 21,120...

EU leaders agree to boost coordination

2011-03-13 00:00:00

Brussels, Mar 12 (BBC): Eurozone leaders have reached an agreement in principle on a pact to co-ordinate economic policies, EU President Herman Van Rompuy has said. Other elements of the package were still under discussion, he added. Eurozone leaders are...

World sends disaster relief teams to Japan

2011-03-13 00:00:00

GENEVA, Mar 12 (Reuters): The international community started to send disaster relief teams on Saturday to help Japan after it suffered a massive earthquake and tsunami, with the United Nations sending a group to help co-ordinate work. "We are in...

Yemen police kill protester, storm opposition camp

2011-03-13 00:00:00

SANAA, Mar 12 (Reuters): Yemeni police stormed a camp set up by thousands of protesters demanding the end of President Ali Abdullah Saleh's 32-year rule, killing one person and wounding hundreds early on Saturday, witnesses and medical sources said. Witnesses...

Two NATO service members killed

2011-03-13 00:00:00

KABUL, Mar 12: NATO says two of its service members have been killed in bombings in southern Afghanistan. The coalition on Saturday did not provide the nationality or details of how the service members were killed. It said both died...

Karzai tells NATO to end operations in Afghanistan

2011-03-13 00:00:00

ASADABAD, Mar 12 : Afghan President Hamid Karzai urged international troops to "stop their operations in our land" Saturday on a visit to relatives of nine children killed in a NATO air strike."I would like to ask NATO and the...

Bomb blast kills 3, wounds 9 in south Philippines

2011-03-13 00:00:00

JOLO, Mar 12: Suspected Abu Sayyaf militants detonated a powerful bomb near a school on a southern Philippine island Thursday, killing at least three people and wounding nine others, officials said. The homemade bomb went off shortly after a van...

19 killed in north China road collision

2011-03-13 00:00:00

BEIJING, Mar 12: Chinese officials say 19 people have been killed in a collision between a passenger bus and a truck in the country's northeast. The State Administration of Work Safety says the bus plunged into a river following Saturday's...

'Spider-Man' to shut down in April

2011-03-13 00:00:00

NEW YORK, Mar 12: Broadway's stunt-heavy, $65 million "Spider-Man" musical will shut down for more than three weeks this spring to overhaul the troubled production, a show that has been in previews for a record 103 performances. Lead producers Michael...

Rocket kills six, NATO tankers attacked in Pakistan

2011-03-13 00:00:00

QUETTA, March 12 : Rockets fired by suspected militants killed six members of a family Saturday, while gunmen attacked three oil tankers carrying supplies for NATO forces in Afghanistan, officials said. -AFP

Quake, tsunami leave a trail of destruction in Japan

2011-03-13 00:00:00

SENDAI, (Japan), Mar 12 (AP): Miles from the ocean's edge, weary, mud-spattered survivors wandered streets strewn with fallen trees, crumpled cars, even small airplanes. Relics of lives now destroyed were everywhere - half a piano, a textbook, a soiled red...

Palestinian 'kills five Israelis' in West Bank attack

2011-03-13 00:00:00

A Palestinian has killed five Israelis in an attack on a Jewish settlement in the West Bank, Israel's military says, reports BBC.. The five were members of the same family, a couple and three children, according to Israeli media reports....

Europe, US press Gaddafi: rebels want no-fly zone

2011-03-13 00:00:00

TRIPOLI, Mar 12 (Reuters): President Barack Obama said Washington and its allies were "tightening the noose" on Muammar Gaddafi, but Libyan rebels said their three-week-old uprising could fail without a no-fly zone. The Arab League will examine a no-fly zone...

Tsunami damage minimal in Latin America

2011-03-13 00:00:00

LIMA, Mar 12 (AP): Ports and beaches were temporarily shut and islanders and coastal residents ordered to higher ground up and down Latin America's Pacific seaboard before the tsunami surge triggered by the 8.9-magnitude earthquake in Japan. But it did...

Saudi Arabian police block protests in capital

2011-03-13 00:00:00

RIYADH, Mar 12 (AP): Several hundred people protested in at least four locations in Shi'ite-dominated eastern Saudi Arabia yesterday, but hundreds of police in the country's capital prevented rallies calling for democratic reforms. Police blocked roads and set up random...

Mongla Port getting a big facelift

2011-03-13 00:00:00

Our Correspondent KHULNA, Mar 12: Mongla Port has under taken 8 projects at a cost of Tk. 3.07 billion to make the port dynamic. Of them one project has already been implemented and the remaining projects are under process for...

RU student commits suicide

2011-03-13 00:00:00

RU CorrespondentRAJAHSHI UNIVERSITY, Mar 12: A female student of the Rajshahi University (RU) committed suicide by taking insecticide Thursday night. The deceased was identified as Kabita Rani Ray, a final year student of Physics Department and also a resident of...

Five new life insurers to get permission

2011-03-12 00:00:00

Syful Islam The government is likely to give permission to five more insurance companies, out of 350 applications that have been lying with ministry of finance (MoF) for clearance and approval, to start operation by the end of this calendar...

'Jahan Moni'and crew to be freed in 3 days: owner

2011-03-12 00:00:00

Our CorrespondentCHITTAGONG, Mar 11: The ship hijacked by the Somali pirates from the Arabian Sea along with a 25-member crew on board is likely to be released within three days, the management of the ship-owning company said. Meherul Karim, general...

JS body opposes plan to amend BCA, FIA

2011-03-12 00:00:00

The Parliamentary (JS) Standing Committee on Finance Ministry has refused to back a cabinet meeting decision on restricting an individual to become the director of a bank, financial institution or an insurance company at a time, official sources have said....

Hundreds killed in quake, tsunami in Japan

2011-03-12 00:00:00

TOKYO, Mar 11(Agencies): A ferocious tsunami spawned by one of the largest earthquakes ever recorded slammed Japan's eastern coast Friday, killing hundreds of people as it swept away boats, cars and homes while widespread fires burned out of control. Hours...

Tk 8.5b cash incentives for exporters released

2011-03-12 00:00:00

Monira MunniThe government has released cash incentives worth Tk 8.5 billion (Tk 850 crore) for disbursement among major exporters as the second installment for the current financial year, officials said. The finance ministry issued a letter at the end of...

NBR sends info of 0.6m people to field-level offices

2011-03-12 00:00:00

Doulot Akter MalaDetailed information of around 0.6 million people has recently been sent to field-level tax offices to find out those having tax identification numbers (TIN) did not file their income tax returns and also to bring those, despite having...

Shafiul stars as Tigers seal thriller

2011-03-12 00:00:00

Shafiul Islam raised Bangladesh's World Cup campaign from the dead, as he turned yet another astonishing contest on its head with a breathtaking assault in the batting Powerplay to leave England stunned by their fifth cliffhanger in consecutive contests, and...

11 die in road accidents

2011-03-12 00:00:00

At least 11 people were killed and 38 others injured in separate road accidents in Manikganj and Tangail districts Friday morning. In Manikganj, six people were killed and 30 others injured in a head-on- collision between a bus and a...

11 die in road accidents

2011-03-12 00:00:00

At least 11 people were killed and 38 others injured in separate road accidents in Manikganj and Tangail districts Friday morning. In Manikganj, six people were killed and 30 others injured in a head-on- collision between a bus and a...

Rajshahi Int'l Trade Fair kicks off

2011-03-12 00:00:00

RAJSHAHI, Mar 11: A month-long international trade fair began in the metropolis Friday evening in a bid to promote local products at home and abroad and establish a link between the local and foreign entrepreneurs. Rajshahi Chamber of Commerce and...