TOKYO, July 21 (Bloomberg): Asian stocks rose, driving the MSCI Asia Pacific Index higher for a second straight day, after Apple Inc reported better-than-estimated earnings and commodity prices advanced. Japanese stocks fell as the yen strengthened.Samsung Electronics Co, which supplies...
MUMBAI, July 21 (IANS): A benchmark index for Indian equities Wednesday noon moved further up from its opening trade highs and touched the 18,000 mark amid stable cues from other Asian markets.The 30-scrip sensitive index (Sensex) of the Bombay Stock...
NEW YORK, July 21 (AFP): Goldman Sachs on Tuesday announced its profits slumped 82 per cent in the second quarter, hit by a massive US fraud settlement and the costs of a new British tax on bonuses.Reporting its worst quarter...
KARACHI, July 21 (Reuters): Pakistani stocks ended higher on Tuesday as investors expected healthy corporate profits for the year ending June 30, which are due to be announced in the coming weeks, dealers said.The Karachi Stock Exchange's benchmark 100-share index...
LONDON, July 21 (Bloomberg): European stocks climbed as companies from Apple Inc. to Fiat SpA and Accor SA reported better-than- estimated earnings. Asian shares and US index futures gained.ARM Holdings Plc rallied 2.7 per cent after Apple posted a 78...
The Indian markets are trading near the day's high. At 2.50 pm, the BSE Sensex was up 106 points to 17,985 and the NSE Nifty gained 33 points to top the 5,000 mark, reports NDTV Profit.The markets opened higher trade...
TOKYO, July 21 (NQN): Tokyo stocks extended their retreat for a fourth day, with moderate losses Wednesday, weighed down by lingering uncertainty over the global economy and the yen's strengthening.The Nikkei Stock Average opened higher, following an overnight rally in...
MUMBAI, July 21 (Bloomberg): Mahindra & Mahindra Ltd plans to introduce its first motorcycles in India within the next few months as it challenges Hero Honda Motors Ltd in the world's second-biggest two-wheeler market.The company intends to add motorbikes ranging...
MUMBAI, July 21 (Bloomberg): Farmers in India, the second-biggest grower and exporter of cotton, may boost planting by as much as 10 per cent this year to benefit from rising prices, according to the nation's biggest buyer.The crop area will...
Emirates signed an agreement with Boeing for an additional 30 777-300ER aircraft, worth approximately US$9.1 billion (AED 33.4 billion) in list prices, said a press release. The agreement adds to the fleet of 71 777-300ERs previously ordered, of which 53...
ISLAMABAD, July 21 (Commodity Online): Ending all speculations, Pakistan on Tuesday confirmed that India will not be allowed to carry trade goods to Afghanistan via its territory under Pak-Afghan Transit Trade Arrangement (APTTA).Announcing Pakistan governments decision, country's I&B minister said...
SINGAPORE, July 21 (Bloomberg): Refined-copper imports by China, the largest consumer of the metal used in construction and automobiles, fell for a third month in June as lower domestic prices discouraged overseas purchases and local output surged.Inbound shipments were 211,957...
SINGAPORE, July 21 (Commodity Online): Gold prices eased in thin Asian trade Wednesday mainly on rising stocks despite the euro edged up against the dollar.Gold for immediately delivery was seen trading at $ 1190.64 an ounce at 11.30 am Singapore...
BANGKOK, July 21 (Commodity Online): Thailand, known for its variety of foods, said it will target 300 million middle income segment of Indian population to boost food exportsAccording to Thailand's Office of Small and Medium Enterprises Promotion, country's food exports...
JAKARTA, July 21 (Commodity Online): In its attempt to contain skyrocketing rice prices in the country, Indonesia Tuesday started conducting market operations in regions where it has risen significantly.State-owned logistics company Bulog Sutarto Alimoeso will lead combing operations which begins...
SINGAPORE, July 21 (AFP): Oil rose slightly in Asian trade Wednesday as investors stayed on the sidelines ahead of a closely watched inventory report on US energy supplies, analysts said. New York's main contract, light sweet crude for delivery in...
FE ReportThe trade body on woven/printed labels and allied products business has decided to seek government steps to solve their problems.The 8th Annual General Meeting and the election of the Executive Committee for 2010-2012 of Bangladesh Label Manufacturers and Exporters...
Prime Minister Sheikh Hasina sought assistance from the World Customs Organisation (WCO) Wednesday to modernise Bangladesh customs department under the National Board of Revenue (NBR), reports UNB.She made the request when WCO Secretary General Kunio Mikuriya called on her at...
FHM Humayan KabirThe government has sought more than US$100 million from Japan to set up solar power systems in schools, healthcare centres, households and commercial establishments in remote villages, officials said Wednesday.The state-run power distributor -- Rural Electrification Board (REB)--...
M Muhibur Rahman has been re-elected chairman while Dr. M. Aminul Haque and M. Mozammel Huq have been elected as vice chairmen in the Board of Directors of Green Delta Insurance Company Limited.The 277th board meeting of the company recently...
FE ReportBangladesh Auto Re-Rolling Mills and Steel Mills Association has urged the government to take steps against imposition of surcharge by shipping lines."For the last one month, the lines are charging $100 to $200 in addition to the normal charges...
Lafarge Surma Cement (LSC) Limited has honored 17 of its best performing Distributors in an award giving ceremony at a city hotel recently, said a press release.Lafarge Surma is a company of Lafarge from France and Cementos Molins of Spain...
A day-long comprehensive workshop on "Anti-Money Laundering and Combating Financing on Terrorism" organised by Bank Asia Limited was held at a local hotel in Bogra recently, according to a press release.A total of 37 officers from Rajshahi, Bogra and Ishwardi...
China Mobile Hebei, a provincial company of China Mobile, has selected Ericsson as a sole managed services partner for all its 22,000 2G/3G (GSM/TD-SCDMA) base station sites through a three-year field maintenance agreement, says a press release.The Hebei province has...
FE ReportAl-amin Beverage Industries Ltd, a sister concern of Al-amin Group, Monday formally launched a new brand of energy drink named "Thunder" which is now available in the market.Al-amin Group General Manager Zahir Uddin Mahmud Khan said, "Thunder is now...
A new branch of Agrani Exchange House Private Limited was opened at Boon ley in Singapore recently, according to a press release.Bangladesh Bank Deputy Governor Ziaul Hassan Siddique and Agrani Bank Limited Chairman Dr Khondoker Bazlul Hoque jointly inaugurated the...
Our CorrespondentRAJSHAHI, July 20: Banglalion Communications Limited, a WiMAX service provider, has launched its WiMAX operation at Rajshahi after Dhaka, Chittagong and Sylhet. On the occasion a press conference was organised at a local hotel recently.Head of Sales of the...
WASHINGTON, July 21 (AFP): A group of senior US senators offered President Barack Obama their "strong support" yesterday as he forges ahead with a free trade deal with South Korea opposed by some of his Democratic allies. "We write to...
WASHINGTON, July 21 (AFP): The US Senate voted yesterday to advance legislation restoring unemployment benefits to help some 2.5 million Americans ahead of November mid-term elections shaped by deep voter anger at high joblessness. Lawmakers voted 60-40 to end debate...
UNITED NATIONS, July 21 (AFP): UN relief coordinator John Holmes pleaded for increased aid from donors yesterday to avert a humanitarian catastrophe in Africa's drought-hit Sahel region. The outgoing head of the UN Office for the Coordination of Humanitarian Affairs...
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