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SEC issues show-cause to co, its officials

2011-03-09 00:00:00

The Securities and Exchange Commission (SEC) has issued show-cause cum hearing notice to Meghna Petroleum Limited, its directors, managing director and company secretary for non-compliance with the SEC Notification No. SEC/CMRRCD/2009-193/Admin/03-31 dated June 1, 2009, gazetted on June 29, 2009...

Sale of share

2011-03-09 00:00:00

Asaduz Zaman, one of the sponsors of ONE Bank Limited, has expressed his willingness to sell 35,000 shares out of his total holdings of 5,21,626 shares of the bank at prevailing market price through stock exchange within next 30 working...

Withdrawal of authorised representative

2011-03-09 00:00:00

Al-Muntaha Trading Company Limited, DSE member No. 49, has withdrawn one of its authorised representatives, Rafiqul Islam, with immediate effect.

Confidence Cement to build convention centre

2011-03-09 00:00:00

The authorities of Confidence Cement Limited have stated that the board of directors of the company has agreed to provide company's own fund for construction of a convention centre named 'CBC-Confidence Cement Convention Centre' at Chittagong Boat Club under Bangladesh...

Asian Tiger Capital Partners market update on DSE

2011-03-09 00:00:00

Mar 8, 2011 Overview: The DGEN went up by 4.69% to close at 6051.11 points. The total transaction was worth BDT 9.64 bn. Price of 243 Issues appreciated whereas 11 Issues declined and 3 others remained Events: The benchmark Index...

Indians set for world-beating double-digit wage hikes

2011-03-09 00:00:00

NEW DELHI, March 8 (AFP): Indian corporate salaries are set to grow by 12.9 per cent this year, the fastest pace in the world, and will keep rising at this level for up to five years, a consultancy forecast Tuesday....

Asian markets creep higher despite nerves

2011-03-09 00:00:00

HONG KONG, March 8 (AFP): The Tokyo and Hong Kong stock markets edged higher in cautious Asian trade on Tuesday due to a slight easing in oil price pressures amid moves by the United States and OPEC to reassure markets....

NCC Bank holds training programme

2011-03-09 00:00:00

NCC Bank Training Institute has arranged 44th Foundation Training Course for the officers of the bank. Golam Hafiz Ahmed, Additional Managing Director of the Bank attended in the opening ceremony as the chief guest. In the inaugural speech, he emphasised...

Crude eases in Asian trade

2011-03-09 00:00:00

SINGAPORE, March 8 (AFP): Crude prices slipped in Asia Tuesday as the United States refused to rule out tapping its oil reserves to ameliorate the impact of high oil prices, analysts said. New York's main contract, light sweet crude for...

Sony buys Hawk-Eye sports ball tracking firm

2011-03-09 00:00:00

TOKYO, Mar 8 (AFP): Japanese technology and entertainment giant Sony has bought Hawk-Eye, the British-based firm whose computer systems assist umpires and track the path of balls in sports such as tennis and cricket. The two firms did not disclose...

German summit tackles biofuel 'debacle'

2011-03-09 00:00:00

FRANKFURT, Mar 8 (AFP): A drive to provide an alternative motor fuel has hit obstacles in environmentally conscious Germany, and a summit is planned Tuesday to determine why drivers are bypassing the new E10 petrol. Berlin is working to implement...

Wheat drops for a second day in Chicago

2011-03-09 00:00:00

TOKYO, Mar 8 (Bloomberg): Wheat fell for a second day in Chicago after a government report showed steady or improved winter-crop conditions in major U.S. growing areas. Corn slid for a third day, while rice and soybeans also declined. Winter-wheat...

Hitachi rises on $4.3b sale of hard-drive unit to Western Digital

2011-03-09 00:00:00

TOKYO, Mar 8 (Bloomberg): Hitachi Ltd. (6501), Japan's second-largest manufacturer by revenue, climbed to a two-year high in Tokyo trading after agreeing to sell its hard-disk drive unit to Western Digital Corp. (WDC) for about $4.3 billion. The shares advanced...

UK house-price gauge rises as property demand improves

2011-03-09 00:00:00

LONDON, Mar 8 (Bloomberg): A UK house-price gauge rose for a fourth month in February as demand increased and transaction levels improved, the Royal Institution of Chartered Surveyors said. The number of real-estate agents and surveyors saying prices fell exceeded...

Petrol prices hit record in France

2011-03-09 00:00:00

PARIS, March 8 (AFP): Petrol prices rose to a record high in France last week, with a litre of 95-octane petrol costing on average 1.5067 euros, according to information published Monday by a government agency. The price, equivalent to $7.97...

Asian Tiger Capital Partners market update on DSE

2011-03-09 00:00:00

Mar 8, 2011 Overview: The DGEN went up by 4.69% to close at 6051.11 points. The total transaction was worth BDT 9.64 bn. Price of 243 Issues appreciated whereas 11 Issues declined and 3 others remained Events: The benchmark Index...

Indians set for world-beating double-digit wage hikes

2011-03-09 00:00:00

NEW DELHI, March 8 (AFP): Indian corporate salaries are set to grow by 12.9 per cent this year, the fastest pace in the world, and will keep rising at this level for up to five years, a consultancy forecast Tuesday....

Asian markets creep higher despite nerves

2011-03-09 00:00:00

HONG KONG, March 8 (AFP): The Tokyo and Hong Kong stock markets edged higher in cautious Asian trade on Tuesday due to a slight easing in oil price pressures amid moves by the United States and OPEC to reassure markets....

NCC Bank holds training programme

2011-03-09 00:00:00

NCC Bank Training Institute has arranged 44th Foundation Training Course for the officers of the bank. Golam Hafiz Ahmed, Additional Managing Director of the Bank attended in the opening ceremony as the chief guest. In the inaugural speech, he emphasised...

Malaysia says palm oil exports to EU down

2011-03-09 00:00:00

KUALA LUMPUR, Mar 8 (AFP): Activists who blame the palm oil industry for damaging Malaysia's environment have contributed to a drop in exports to the major European Union market, a minister said Tuesday. Environmentalists say palm oil, which is widely...

All BlackBerry messenger services under scan

2011-03-09 00:00:00

NEW DELHI, Mar 8 (The Economic Times): Amid controversy over BlackBerry services interception, the Department of Telecom today said it was looking at various kinds of messenger services and discussing the matter with the Ministry of Home Affairs . "We...

Silver price to hit $80: analyst

2011-03-09 00:00:00

NEW YORK, Mar 8 (Commodity Online): As commodities prices continue their upward movement, these are times for technical analysts and research specialists to predict where the prices of hot commodities like gold, silver and crude oil are headed. While various...

China's first gold fund to invest $500m

2011-03-09 00:00:00

BEIJING, Mar 8 (Commodity Online) : China's first gold mutual fund, Lion Fund Management Co said it has won approval from the State Administration of Foreign Exchange to raise $500 million more to invest in gold-backed exchange traded funds abroad....

Strike at Vietnam Yamaha plant

2011-03-09 00:00:00

HANOI, Mar 8 (AFP): Thousands of workers at a Yamaha motorcycle factory in Vietnam were on strike Tuesday demanding higher pay and benefits, a company official said, as consumers struggle with double-digit inflation. About 3,000 employees from the Yamaha Motor...

Hong Kong orders kick off with Air China's Boeing deal

2011-03-09 00:00:00

BEIJING, Mar 8 (BBC): The order books at the Hong Kong air show have started to fill up after Air China signed a deal worth $1.54bn (£950m) with US plane maker Boeing. Air China has placed an order for five...

Petrol prices hit record in France

2011-03-09 00:00:00

PARIS, March 8 (AFP): Petrol prices rose to a record high in France last week, with a litre of 95-octane petrol costing on average 1.5067 euros, according to information published Monday by a government agency. The price, equivalent to $7.97...

Asian Tiger Capital Partners market update on DSE

2011-03-09 00:00:00

Mar 8, 2011 Overview: The DGEN went up by 4.69% to close at 6051.11 points. The total transaction was worth BDT 9.64 bn. Price of 243 Issues appreciated whereas 11 Issues declined and 3 others remained Events: The benchmark Index...

Indians set for world-beating double-digit wage hikes

2011-03-09 00:00:00

NEW DELHI, March 8 (AFP): Indian corporate salaries are set to grow by 12.9 per cent this year, the fastest pace in the world, and will keep rising at this level for up to five years, a consultancy forecast Tuesday....

Asian markets creep higher despite nerves

2011-03-09 00:00:00

HONG KONG, March 8 (AFP): The Tokyo and Hong Kong stock markets edged higher in cautious Asian trade on Tuesday due to a slight easing in oil price pressures amid moves by the United States and OPEC to reassure markets....

NCC Bank holds training programme

2011-03-09 00:00:00

NCC Bank Training Institute has arranged 44th Foundation Training Course for the officers of the bank. Golam Hafiz Ahmed, Additional Managing Director of the Bank attended in the opening ceremony as the chief guest. In the inaugural speech, he emphasised...