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Sunday

2010-07-18 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Geet Mallay07:45 Chir Shilper Bari08:00 Sakaler Sangbad08:30 Maati-O-Manush08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Baithok Khana09:35 Mone Pore10:00 News10:05 Muktijuddha Pratidin10:30 Sustho thakun11:05 Progotir Pathe11:30 Natun Sure Natun...

Asian markets fall on US recovery fears

2010-07-18 00:00:00

SINGAPORE, July 17 (Reuters): Asian stocks were mostly lower on profit-taking Friday after US stocks erased nearly all of their losses in the previous session after a pair of weak manufacturing reports and as JPMorgan's earnings failed to impress.The dollar...

Markets ruled firm on FII buying last week, Sensex up 122 points

2010-07-18 00:00:00

MUMBAI, July 17 (PTI): Markets continued to rule firm for the second consecutive week as the BSE benchmark Sensex rallied by another 122 points on stock-specific buying following strong Q1 results and sustained capital inflow from foreign funds. The Sensex...

Nikkei posts biggest loss in over one month

2010-07-18 00:00:00

TOKYO, July 17 (Reuters): Japan's Nikkei average fell nearly three per cent Friday for its worst one-day percentage loss in over a month as investors took profits before a long weekend, worried that the yen could rise further towards 15-year...

Weak corporate revenues, US data undercut stocks

2010-07-18 00:00:00

NEW YORK, July 17 (Reuters): Global share prices slid Friday after disappointing revenue reports from bellwether US corporations dovetailed with subdued US inflation and slumping consumer confidence data, driving up the price of Treasuries as investors sought safety. The combination...

KSE index recovers 58.05 points

2010-07-18 00:00:00

KARACHI, July 17 (Business Recorder): The KSE-100 index Friday recovered 58.05 points and closed the week at the level of 10,153.85 points on the back of late buying in some select stocks. Trading activity, however, further shrank as the volumes...

RealD, Qlik rally IPO market

2010-07-18 00:00:00

NEW YORK, July 17 (Reuters): Shares in RealD Inc, whose 3D technology was used to help make the movie "Avatar", opened more than 22 per cent above their initial public offering (IPO) price Friday and shares of business software maker...

SECP registers 19 cos having foreign investment

2010-07-18 00:00:00

ISLAMABAD, July 17 (Business Recorder): During the month of June 2010, the Securities and Exchange Commission of Pakistan (SECP) registered 19 locally incorporated companies having foreign investment. Of these 19 companies, 7 were registered at the Company Registration Office (CRO)...

Green Dot IPO gets valentine from Congress

2010-07-18 00:00:00

NEW YORK, July 17 (Reuters): Green Dot Corp, a prepaid debit card company, could see strong demand for its initial public offering (IPO next week because of the financial reform bill, which exempted prepaid cards from its harshest restrictions.Green Dot...

Commodity prices mixed in volatile week

2010-07-18 00:00:00

LONDON, July 17 (AFP): Raw material prices traded mixed this week as dealers assessed the outlook for demand amid weaker economic data in the United States and China-the world's biggest commodity consumers. OIL: Oil prices fell during volatile trading. "Some...

China eyes better grain harvest this year

2010-07-18 00:00:00

BEIJING, July 17 (Commodity Online): World's leading grain producer, China said its overall production looks good for the year despite a low key summer harvest due to floods and droughts in main growing areas.In its latest report, China's National Bureau...

Indian rupee symbol to get global recognition in 2 years

2010-07-18 00:00:00

NEW DELHI, July 17 (Commodity Online): A day after India approved a symbol for its currency, the Rupee; vendors of computers, mobile phones, and software say they will support the symbol for the Indian rupee.But it may be over two...

Banana farming becomes popular in Rangpur

2010-07-18 00:00:00

A CorrespondentRANGPUR, July 17: Banana farming in the district has become popular over the last couple of years for its economic viability.Banana is cultivated in thousands of hectares of land every year and about 30 thousand people are directly involved...

US ethanol industry wants govt to extend subsidy

2010-07-18 00:00:00

MUMBAI, July 17 (Commodity Online): Corn based ethanol producers in US wanted the Congress to extend the tax credit cost for biofuel to five more years due to the increased use of biofuel for generating energy as compared to gasoline.The...

Iran wants oil fees in non-dollar, euro currencies

2010-07-18 00:00:00

TEHRAN, July 17 (Commodity Online): In an attempt to blunt the projected EU sanctions on it, Iran is considering switching payments for its crude oil exports to Europe to the UAE dirham instead of the euro, according to unconfirmed reports.The...

Iran warns foreign firms of retaliation if quits

2010-07-18 00:00:00

TEHRAN, July 17 (Agencies): Iranian oil minister Massoud Mirkazemi Saturday issued a warning that Tehran will blacklist foreign energy companies if they abandon projects because of international sanctions."If one of the companies acts against Iran, we will be forced to...

Indian media slam Pakistan over 'failure' of peace talks

2010-07-18 00:00:00

NEW DELHI, July 17, 2010 (AFP) - Indian newspapers Saturday blamed Pakistan's foreign minister Shah Mehmood Qureshi for the 'failure' of peace talks earlier in the week between the two countries."Qureshi kills peace talks," read a headline on the front...

Obamas continue busy Maine holiday

2010-07-18 00:00:00

BAR HARBOR, Maine, July 17 (AP): The nation's coastlines have been good to President Barack Obama this week - first with news BP's gushing oil well is finally capped, then with a family vacation that got off to a spectacular...

Normalcy returns to Kashmir after days of unrest

2010-07-18 00:00:00

SRINAGAR, July 17 (AFP): Schools, shops and offices reopened in Muslim-majority Indian Kashmir Saturday after being shut by weeks of anti-India protests but more closures loomed in the restive region.The reopening came after calls by separatists to resume "normal" life...

Normalcy returns to Kashmir after days of unrest

2010-07-18 00:00:00

SRINAGAR, July 17 (AFP): Schools, shops and offices reopened in Muslim-majority Indian Kashmir Saturday after being shut by weeks of anti-India protests but more closures loomed in the restive region.The reopening came after calls by separatists to resume "normal" life...

Hillary off to Afghanistan as war fears rise

2010-07-18 00:00:00

WASHINGTON, July 17 (AP): Amid growing concerns about the war in Afghanistan, Secretary of State Hillary Rodham Clinton is heading to South Asia on a mission aimed at refining the goals of the nearly 9-year-old conflict.Clinton's visit comes with American...

French scientists crack secrets of Mona Lisa

2010-07-18 00:00:00

PARIS, July 17 (AP): The enigmatic smile remains a mystery, but French scientists say they have cracked a few secrets of the "Mona Lisa." French researchers studied seven of the Louvre Museum's Leonardo da Vinci paintings, including the "Mona Lisa,"...

news digest

2010-07-18 00:00:00

Castro appears again, warns of warHAVANA, July 17 : Cuban revolutionary leader Fidel Castro took his warning of impending nuclear war to Cuba's Foreign Ministry Friday, where he explained the reasons for his dire prediction in his fifth public appearance...

DPs demand cancellation of advance BO fee

2010-07-18 00:00:00

FE ReportThe depository participants (DPs) have demanded of the Securities and Exchange Commission (SEC) and Central Depository Bangladesh Ltd (CDBL) to cancel the latest CDBL directive to pay an advance one year beneficiary owners' (BO) 'annual account maintenance fee'.The CDBL...

Hajj Finance steps for financing pilgrims

2010-07-18 00:00:00

Hajj Finance Company Limited (HFCL) has undertaken an initiative for financing pilgrims in performing of hajj. In this connection, the company will arrange a press conference on 'Financing in Performance of Hajj' at the National Press Club in the city...

AB Bank approves 20 pc cash, 25 pc stock dividends

2010-07-18 00:00:00

FE ReportAB Bank Limited has approved 20 per cent cash and 25 per cent stock dividends for its shareholders.The approval came at the Bank's 28th Annual General Meeting (AGM) held at Bangabandhu International Conference Centre in the city Thursday. The...

Micromax handsets to hit BD mkt soon

2010-07-18 00:00:00

Fazlur Rahman India's third largest handset brand Micromax has announced its foray into Bangladesh and said it would launch a dozen cellular phone models priced between 2,000 and 16,000 taka. The 24-billion-taka-brand will target consumers of all segments, with special...

EBL signs MoU with student counseling agencies

2010-07-18 00:00:00

FE ReportEastern Bank Limited (EBL) signed a Memorandum of Understanding (MoU) with leading student counseling agencies in the city recently.Under the MoU, students going abroad for higher study through the agencies will enjoy better & faster banking services including opening...

Stock news in brief

2010-07-18 00:00:00

Sonargaon Textiles placed in 'A' category Sonargaon Textiles Ltd has been placed in 'A' category from existing 'B' category with effect from today (July 18) as the company reported disbursement of 10 per cent stock dividend for the year 2009....

BRAC Bank brings Online Banking facility and ATM at Notun Bazar

2010-07-18 00:00:00

FE ReportBRAC Bank, one of country's fastest growing banks, is now at Notun Bazar with its modern banking facility. Mr. Muhammad A. (Rumee) Ali, Chairman, BRAC Bank Limited formally inaugurated the Notun Bazar Branch Thursday in presence of Mr. Syed...