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Jute cultivation exceeding target in Gopalganj

2010-06-29 00:00:00

Our CorrespondentGOPALGANJ, June 28: The jute cultivation of Gopalganj district exceeded the target during the current year, Department of Agriculture Extension (DAE) sources said.A total of 20,735 hectares of land have been brought under cultivation with a production target of...

Indian natural gas output surges sharply in Apr-May

2010-06-29 00:00:00

NEW DELHI, June 28 (Commodity Online): India's crude oil production moved marginally up by 5.5 per cent to 5.816 million metric tonnes during April-May this year, while natural gas registered a sharp increase in production by 43.5 per cent in...

Gold recycling may rise in India on price gains

2010-06-29 00:00:00

MUMBAI, June 28 (Bloomberg): Consumers in India, the world's biggest gold user, may increase recycling of jewelry should bullion prices continue to rise, paring imports of the metal, according to Tribhovandas Bhimji Zaveri Pvt."If prices go up further then we...

Aluminium packaging becomes material of choice

2010-06-29 00:00:00

CHICAGO, June 28 (Commodity Online): Aluminium is becoming a material of choice the world over in consumer packaging, transportation light-weighting and sustainable design applications, according to Erwin Mayr, Novelis SVP and Chief Strategy Officer.Novelis Inc., the world's leading producer of...

Tea producers to benefit from domestic market

2010-06-29 00:00:00

MUMBAI, June 28 (Commodity Online): The UN's Food and Agriculture Organisation has asked the key tea producing countries to take immediate actions to keep the prices firm from being fallen as increasing plantation and drifting demand would damage the commodity...

Corn, soybeans may fall as dry weather boosts crop prospects

2010-06-29 00:00:00

CHICAGO, June 28 (Bloomberg): Corn and soybeans may fall this week on speculation that drier, cooler weather will boost US crop yields.Twelve of 21 traders and analysts surveyed from Chicago to Tokyo on June 25 said corn will fall, and...

Africa not tapping solar potential

2010-06-29 00:00:00

ABUJA, June 28 (Commodity Online): African nations, including Nigeria, enjoy abundant sunlight but have the lowest use of solar energy in the world, executives said at a UN summit in Abuja.The UN Industrial Development Organization hosted a renewable-energy summit in...

Euro holds firm after G20 summit

2010-06-29 00:00:00

TOKYO, June 28 (AFP): The euro held steady against other major currencies in Asia Monday after weekend talks between Group of 20 leaders in Toronto delivered no upset to markets, economists said. The euro was at 1.2380 dollars in Tokyo...

Global conifer saw log prices up 17pc in 2010

2010-06-29 00:00:00

SEATTLE, June 28 (Commodity Online): Global conifer sawlog prices have steadily increased for four consecutive quarters in all major world regions. The Global Sawlog Price Index (GSPI), which is based on quarterly conifer sawlog prices in 19 key regions worldwide,...

exchange rate

2010-06-29 00:00:00

 Exchange Rate                                June 28, Monday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction MondaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550086.5474104.94140.785963.973867.508061.2095Agrani Bank69.550086.7377105.37710.787964.005567.481161.0397FCBsStanChart69.6787.16101.080.7961.0666.3758.97HSBC 69.706088.2634106.61110.798663.828967.464261.7161Citibank naNANANANANANANABank of Ceylon69.740088.2304107.83440.810065.183768.165463.5331PCBsUttara Bank69.650087.0369105.36570.794963.774367.620361.2482AB Bank69.730087.9109106.22490.7982NANANABuying rates  from...

NKorea vows to bolster nuclear weaponry

2010-06-29 00:00:00

SEOUL, June 28 (Agencies): North Korea vowed Monday it would strengthen its nuclear capability to counter what it labeled US hostility as international pressure mounted on Pyongyang over the sinking of a South Korean warship.The North's military also accused the...

Russia worried as Kyrgyzstan backs new constitution

2010-06-29 00:00:00

BISHKEK, June 28 (AFP): Kyrgyz voters massively backed a constitution establishing a parliamentary democracy, results said Monday, but Russia warned the changes risked fanning instability after deadly ethnic clashes.Over 90 per cent of voters in Sunday's referendum backed the new...

Protester killed in Indian Kashmir demonstration

2010-06-29 00:00:00

SRINAGAR, June 28 (AFP): A separatist protester in Indian Kashmir was killed and several others wounded Monday when security forces opened fire to disperse a violent demonstration, police said.Security forces fired when protesters tried to demolish a paramilitary bunker near...

CIA waging psychological warfare against Iran

2010-06-29 00:00:00

TEHRAN, June 28 (AFP): Iran Monday accused the US Central Intelligence Agency of waging psychological warfare against it through 'fake reports', saying the CIA knows Tehran's nuclear programme has no military aims.Foreign Ministry spokesman Ramin Mehmanparast dismissed CIA director Leon...

China landslide kills at least 150

2010-06-29 00:00:00

BEIJING, June 28 (AFP): At least 150 people have been buried or trapped in a landslide triggered by heavy rain in southwest China Monday, state media reported.Rescue work was under way in the affected village of Dazhai in Guizhou province,...

Thai 'Red Shirt' leader to run in Bangkok poll

2010-06-29 00:00:00

BANGKOK, June 28 (AFP): A Thai protest leader accused of terrorism was released from prison briefly Monday to apply to run in a by-election seen as a key test of the opposition's prospects of success in nationwide polls.Kokaew Pikulthong, a...

Police arrest over 600 at Toronto summit

2010-06-29 00:00:00

TORONTO, June 28 (AP): Police raided a university building and rounded up hundreds of protesters Sunday in an effort to quell further violence near the G-20 global economic summit site a day after black-clad youths rampaged through the city, smashing...

Lankan president defiant over war probe

2010-06-29 00:00:00

NEW DELHI, June 28 (AFP): Sri Lanka's president vowed to resist international calls to investigate war crimes allegedly committed during the country's civil war in an interview published Monday.President Mahinda Rajapakse told the Times of India he did not care...

Australian new leader shuffles cabinet

2010-06-29 00:00:00

SYDNEY, June 28 (Internet): Prime Minister Julia Gillard announced her cabinet Monday, excluding her predecessor, Kevin Rudd. Ms. Gillard, who became Australia's first female prime minister last week after the ruling Labor Party ousted Mr. Rudd, made limited changes to...

Accidental truck blast kills 18 in Pakistan

2010-06-29 00:00:00

KARACHI, June 28(AP): A truck carrying chemicals accidentally exploded Monday in southern Pakistan after pressure built up in its storage tank, killing 18 people and wounding 40, the police said. Hundreds of people rushed to the truck depot in Hyderabad...

news digest

2010-06-29 00:00:00

Americans appeal Pakistan terror convictionsLAHORE, June 28: Five Americans sentenced to 10 years in jail by a Pakistani court for waging war against the state and funding a terrorist group appealed their convictions Monday, their lawyer said. The five, aged...

Tevez double leads Argentina move on

2010-06-29 00:00:00

JOHANNESBURG, June 28 (AFP): Argentina will meet Germany in the World Cup quarter-finals after striker Carlos Tevez struck twice - once controversially - to seal a 3-1 win over Mexico Sunday.Goals by Manchester City's Tevez and Real Madrid's Gonzalo Higuain,...

Germans eager to tame Argentina

2010-06-29 00:00:00

ERASMIA, June 28 (AFP): Less than 24 hours after their stunning 4-1 win over England, Germany were already planning for Saturday's World Cup quarter-final against Argentina - and how to contain Lionel Messi.Germany hammered England in Bloemfontein Sunday with goals...

History beckons for Japan, Paraguay

2010-06-29 00:00:00

PRETORIA, June 28 (AFP): Japan and Paraguay stand on the brink of history ahead of their second round clash at the Loftus Versfeld stadium here Tuesday.Neither side has ever made it to the quarter-finals of the World Cup before so...

England fans dismayed after German mauling

2010-06-29 00:00:00

LONDON, June 28 (AFP): England fans were dismayed and angry Sunday after their team crashed out of the World Cup following a heavy defeat by old foes Germany, as the media lamented the side's "humiliation".Much of the anger was directed...

FIFA stays silent on WC referees' errors

2010-06-29 00:00:00

JOHANNESBURG, June 28 (AP): FIFA refused to comment Monday on mistakes made by World Cup match officials that contributed to the elimination of England and Mexico.The governing body of world football did not send any officials with responsibility for referees...

Argentina to beat Germany: Maradona

2010-06-29 00:00:00

JOHANNESBURG, June 28 (AFP): Fresh from his side's 3-1 win over Mexico in the round of 16, Argentina coach Diego Maradona said he will pick the right players to beat Germany in Saturday's World Cup quarter-final.A double from Argentina's Carlos...

Downing Street lowers England flag

2010-06-29 00:00:00

LONDON, June 28 (AFP): The English flag hoisted over British Prime Minister David Cameron's Downing Street office for the World Cup was lowered Monday, hours after the nation's crushing 4-1 defeat by Germany."It's been replaced by the Union flag," a...

New subsidiary in the offing

2010-06-29 00:00:00

FE ReportLankaBangla Finance Limited, a leading non-banking financial institution (NBFI) is going to launch 'LankaBangla Investments Ltd', a new subsidiary aiming to strengthen the merchant banking."We hope our new subsidiary will be opened by August to give a thrust on...

StanChart Regional Chief Executive due today

2010-06-29 00:00:00

Mr. Neeraj Swaroop, Regional Chief Executive, India and South Asia of Standard Chartered Bank arrives in Dhaka today (Tuesday) for a two day official visit.During his visit, he will meet Bangladesh Bank senior officials and several external stakeholder of Standard...