NEW YORK, June 19 (Bloomberg): Cotton prices fell the most in two weeks on signs that speculators reduced their holdings. Orange- juice futures advanced.Cotton closed below its 100-day moving average Thursday. In the week ended June 8, hedge-fund managers and...
India plans to double its annual pepper production from 50,000 tonnes to 0.1 million tonnes for which a massive replantation excercise costing Rs 2.30 billion is being implemented in the country, VJ Kurien, Chairman, Spices Board said. Of the total...
NEW DELHI, June 19 (Commodity Online): India's diamond city Surat received a good news this week when Botswana's visiting Vice-president Mompati S Merafhe said India may soon be able to source rough diamonds directly from Botswana, the largest diamond producers...
NEW YORK, June 19 (Bloomberg): Copper prices fell to a one-week low on mounting concern that the economic rebound may be weaker than forecasts in the US, the world's second-largest consumer.Manufacturing in the Philadelphia region expanded in June at the...
CHICAGO, June 19 (Bloomberg): Wheat fell for the first time in seven sessions, dropping in the closing minutes of trading, on speculation that dry, warm weather will allow farmers to speed up the collection of the US winter-wheat crop.Little rain...
OSH, Kyrgyzstan, June 19 (AFP): The United Nations launched an urgent humanitarian appeal to assist more than one million people affected by ethnic clashes in Kyrgyzstan as fears grew Saturday of fresh violence in the volatile south.A day after Kyrgyzstan's...
YANGON, June 19 (AFP): Myanmar democracy icon Aung San Suu Kyi marked her 65th birthday under house arrest Saturday as activists held protests around the globe and world leaders called for the junta to free her.The military regime has kept...
TEHRAN, June 19 (AFP): Iran accused the United States of 'deception' Saturday and insisted its missiles are for self-defence only after a top US official charged that the Islamic republic could rain missiles down on Europe."The Islamic Republic's missile capability...
SRINAGAR, June 19 (AFP): Tears flowed as thousands of Hindus who fled a Muslim insurgency in Indian Kashmir Saturday prayed at a revered shrine many had not visited for decades, as troops kept a tight vigil.An estimated 200,000 Hindus fled...
WASHINGTON, June 19 (AFP): Secretary of State Hillary Clinton announced Friday that the United States will contribute 60 million dollars in new aid for the UN Relief and Works Agency (UNRWA) for Palestinian refugees."This contribution will provide critical services such...
Suspected US strike kills 13 in PakistanMIR ALI, Pakistan, June 19 : A suspected US missile strike killed 13 people Saturday in a Pakistani tribal region where several militant outfits plot attacks on Western troops across the border in Afghanistan,...
TOKYO, June 19 (Bloomberg): Asian stocks rose this week, driving the MSCI Asia Pacific Index up the most since December, as US economic reports eased concern that deficits in Europe will slow a global recovery, and brokerages boosted investment ratings....
NEW DELHI, June 19 (Economic Times): The government bond prices firmed up while yields declined due to fresh demand from banks and corporates. The three-day call rates ended at 5.10 per cent on good buying from borrowing banks after moving...
TOKYO, June 19 (Reuters): Japan's Nikkei average closed flat Friday but chalked up a three-per cent gain for the week, its biggest weekly rise in three months, with foreign investors starting to tiptoe back into the market.The benchmark average, which...
SEOUL, June 19 (Reuters): Seoul shares rose to hit a fresh six-week closing high Friday, fuelled by defensive issues such as cosmetics maker Amorepacific.The Korea Composite Stock Price Index (KOSPI) finished up 0.24 per cent at 1,711.95 points, the highest...
BEIJING, June 19 (Bloomberg): SAIC Motor Corp, China's largest domestic carmaker, said trading in its Shanghai-listed shares will be halted June 21 pending an announcement about a share placement to be reviewed by its board within a week. The Chinese...
NEW YORK, June 19 (AFP): Apple shares hit an all-time high on Wall Street Friday at the end of a week during which the tech firm said it sold a single-day record number of iPhones.Apple shares hit 275 dollars during...
FE ReportBangladesh Bank (BB) Governor Dr Atiur Rahman inaugurated an extension programme of Nirmal Shakti Solar Project in Sylhet Saturday.The project was implemented by Friends in Village Development Bangladesh (FIVDB) with assistance of AB Bank Limited.A total of 3,200 households...
For the second consecutive year, Standard Chartered Bank has been named the "Best Foreign Commercial Bank in Bangladesh 2010" by FianaceAsia, a leading financial publication in the region. The bank received this prestigious award as part of FinanceAsia 2010 Country...
FE ReportA 13-member business delegation of Kolkata-based Bengal National Chamber of Commerce & Industry (BNCCI) will arrive Dhaka today (Sunday).S.K. Roy, president of the chamber will lead the delegation to identify possible areas of joint venture projects and to carry...
Mutual Trust Bank Limited (MTBL) has recently organised, as lead organiser, a day-long training programme on "Anti-money Laundering" for officials of the commercial banks operating in Pabna district under the directive of Bangladesh Bank (BB), said a press release. The...
MUMBAI, June 17 (AFP): Columbian pop queen Shakira, the star of the World Cup song "Waka Waka," is to sing for a Bollywood film in the latest move by a global star to target the Indian market, a music director...
LONDON, June 17 (AFP): The Bachchans, the first family of Indian cinema, were out in force in London Wednesday for the world premiere of the Bollywood film "Raavan".Abhishek Bachchan, his wife Aishwarya Rai Bachchan and father Amitabh Bachchan were due...
FE ReportThe central bank would provide refinancing facilities to the private banks which focus on agro-processed sector to promote a modern agriculture system in the country, its governor Dr. Atiur Rahman said Wednesday.He said some financial institutions have recently shown...
Dhaka Bank Limited celebrated a 'Family Night' programme for Dhaka Region on the occasion of its 15th founding anniversary recently, said a press release. The ceremony was held at Bangabandhu International Conference Centre. Dhaka Bank Chairman Reshadur Rahman conducted the...
FE ReportPrices of sugar, lentil, imported garlic and ginger, edible oil were up while fish and vegetables remained steady in the city's kitchen markets, traders said Friday. Prices of sugar have increased at the retail level as the government has...
FE ReportExporters Association of Bangladesh (EAB) demanded withdrawal of 1.0 per cent income tax at source on export items that has been proposed in the new budget for the next fiscal year in a bid to spur overseas sales.Any rise...
ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the Net Asset Values (NAV) of its two unit funds, said a press release.ICB AMCL Pension Holders' Unit Fund: The total NAV of ICB...
FE ReportDairy farmers urged the government to impose 20 per cent import duty and 10 per cent regulatory duty on import of powdered milk in the proposed budget for 2010-2011 in a bid to salvage the local industry.The farmers have...
FE Report Bangladesh Engineering Industry Owners' Association (BEIOA) Wednesday urged the government to withdraw VAT (value added tax) on repairing of engineering products. Earlier, the caretaker government imposed a 15 per cent VAT on repairing of engineering products during its...
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