PHU NHUAN, July 18 (AFP): Over-production and lower exports have left rice farmers in Vietnam's Mekong Delta holding on to their stocks in the face of lower prices, analysts say. Vietnam is the world's second-largest exporter of rice and the...
CHICAGO, July 18 (Bloomberg): Wheat fell the most in a week on speculation that investors are liquidating positions after prices jumped to the highest level since November.Before Friday, wheat surged 24 per cent this month on reports that a drought...
CHICAGO, July 18 (Bloomberg): Raw-sugar prices fell from a three- month high as slumping US equities revived concern that a slowing economy will limit demand for commodities. Cotton and orange juice climbed.The Standard & Poor's 500 Index tumbled as much...
BEIJING, July 18 (Xinhua): China's flourishing bamboo industry is becoming one of the pillar sectors in the country's forestry industry and also a key in the country's efforts to establish a low-carbon economy, an industry leader said in Beijing. With...
NEW YORK, July 18 (Bloomberg): Cocoa futures rose to a 10-week high after a report showed North American consumption climbed. Coffee prices were little changed.The cocoa grind, an indication of demand, rose 12 per cent in the second quarter to...
NEW YORK, July 18 (Bloomberg): Copper futures in New York fell the most in two weeks on concern that a slowing global economy will limit demand for metal used in homes, cars and appliances.US manufacturing contracted in June by the...
LONDON, July 18 (Commodity Online): Platinum group metals (PGMs) have been used for many years in the glass industry.But, now the use of PGMs in glass industry has gone up. According to reports appearing in global media, due to an...
Exchange Rate July 18,Sunday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction SundaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550090.3498106.71240.810466.518666.153560.6992Agrani Bank69.550090.5003107.04630.812466.467766.094360.4972FCBsStanChart69.7889.28106.320.8167.0068.6562.37HSBC 69.719591.1590108.64740.813967.035667.798362.2136Citibank naNANANANANANANABank of Ceylon69.740091.9894109.62670.836467.656266.634864.0492PCBsUttara Bank69.700089.6475106.91800.805466.431967.694861.7120AB Bank69.700091.6503107.94630.8224NANANABuying rates ...
BAGHDAD, July 18 (AP): Two suicide bombers targeting members of a government-backed, anti-al-Qaida militia struck within hours of each other early Sunday, killing at least 48 people and wounding dozens more, Iraqi officials said.The bombings were the deadliest in a...
The world is marking the first Nelson Mandela International Day to commemorate the birthday of South Africa's first black president, who turns 92 Sunday, reports Aljazeera.net.The United Nations had last year agreed to commemorate Mandela's birthday every year to recognise...
Iran's parliament Sunday approved a bill urging the government to continue pursuing 20-per-cent uranium enrichment in the Natanz nuclear plant, state television reported.The resolution calls for resisting what the parliament called plots by the United States and Britain against Iran's...
SRINAGAR, July 18 (AFP): A security lockdown and a general strike called by separatists crippled life in Indian-ruled Kashmir Sunday after a brief calm returned to the region Saturday.Thousands of police and paramilitary forces moved into the streets of Srinagar,...
ISLAMABAD, July 18 (AP): US Secretary of State Hillary Rodham Clinton started a South Asia tour Sunday aimed at refining the goals of the nearly 9-year-old war in Afghanistan and pushing neighboring nations to work together in the fight against...
SYDNEY, July 18 (AFP): Australia's Prime Minister Julia Gillard got off to a flying start in opinion polls Sunday as taunts over her controversial rise to power and a punch-up marked the start of a "filthy" election season.Gillard, who set...
NEW ORLEANS, July 18 (AP): Scientists got an extra day to evaluate whether the giant cork bottling BP's busted well in the Gulf of Mexico will hold, while officials overseeing the disaster pondered their next step.After days of watching, engineers...
GAZA, July 18 (Reuters): Israel should ease its Gaza blockade further and allow Palestinians to resume exports from the territory, the European Union's foreign policy chief said Sunday during a visit to the Hamas-controlled enclave."The position of the EU is...
HANOI, July 18 (AFP) - Three people were missing in Vietnam as tropical storm Conson hit the country, officials said Sunday, after leaving 68 dead in the Philippines when it roared in as a typhoon.A woman went missing in the...
Strong quake jolts Alaska Island region ANCHORAGE, Alaska, July 18: A powerful earthquake shook a remote Aleutian Island region of Alaska late Saturday, but there were no reports of damage or injury and no threat of a tsunami, officials said....
MUMBAI, July 18 (PTI): Of the top-10 corporate firms in the country, five lost over Rs 240 billion from their combined market capitalisation, with energy giant ONGC emerging as the major loser.State-run ONGC held the second position after Reliance Industries...
NEW DELHI, July 18 (PTI): The wait is now over for the US investors who wants to bet on the Indian stock markets, with the Chicago Mercantile Exchange starting the trade in Nifty Futures from today (Monday). The Chicago Mercantile...
NEW YORK, July 18 (Reuters): After ugly economic data and an unexpected downturn in sentiment on quarterly earnings, Wall Street will face a tough time battling back from the latest sell-off.Technology and banking results will once again shape investor mindset...
NEW DELHI, July 18 (PTI): After losing investors for three consecutive months in a large-scale exodus, mutual funds seem to be gaining investors' confidence again, as they managed to get over 21,000 new accounts last month. However, new investors seem...
MUMBAI, July 18 (PTI): As part of efforts to attract more retail investors to the stock market, regulator SEBI is considering making applications forms simpler and shorter for public offers, including initial public offerings (IPOs). Concerned over the lukewarm and...
HONG KONG, July 18 (AFP): Hong Kong's hard-nosed financial regulators are adding a new weapon to their arsenal in the battle to protect investors from unscrupulous stockbrokers: old ladies and pregnant women.The Securities and Futures Commission (SFC) and de-facto central...
MADRID, July 18 (Reuters): Spain's Telefonica dropped its offer for Portugal Telecom's stake in Brazilian cellphone company Vivo Saturday, declining a request for more time from its Portuguese partner and setting the stage for a legal battle over Vivo's future.The...
ISLAMABAD, July 18 (Business Recorder): Lahore Stock Exchange (LSE) has informed the Competition Commission of Pakistan (CCP) that it has initiated the process of amending the requisite regulations in the LSE's listing regulations, as recommended by CCP in its policy...
FE ReportMinister for Civil Aviation and Tourism Ghulam Muhammed Quader on Sunday came down heavily on the state-run Biman's management, blaming vested interest group within for its poor performance."Vested quarters within the management are using Biman Bangladesh Airlines as a...
FE ReportThe Half-Yearly Managers' Conference 2010 of Southeast Bank Limited was held Saturday in the city.Mahbubul Alam, Managing Director of the Bank presided over the conference. Syed Imtiaz Hasib, Mohammed Gofran and Shahid Hossain, Deputy Managing Directors of the Bank...
Al Arafah Islami Bank Ltd (AAIBL) Brokerage House opened a new branch at Khatungunj in Chittagong recently, said a press release.Noted industrialist and chairman of KDS Group, Khalilur Rahman inaugurated the brokerage house branch as the chief guest. Among others,...
ICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh Ltd (ICB), has announced Net Asset Value (NAV) of its ten mutual funds recently, said a press release.NAV of Phoenix Finance 1st Mutual Fund stood at...
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