HONG KONG, June 3 (Reuters): Asian stocks rose for the first time in three days Thursday as US housing data fueled optimism about the world's largest economy, while the yen was pressured by expectations that Japan's new political leaders will...
TOKYO, June 3 (Reuters): Japan's Nikkei average surged over 3 per cent to a two-week high Thursday and had its best one-day performance in six months, with foreign investors tentatively re-entering the market and technical signs turning brighter. Exporters such...
MUMBAI, June 3 (Economic Times): Indices moved higher as sentiments turned bullish with the positive cues from Asian peers. The upmove was led by gains in metals, auto and realty space. "With the US market rallying and Asian markets on...
NEW YORK, June 3 (Reuters): Nielsen Holdings, the world's largest TV and consumer measurement company, is planning to soon file for an initial public offering, the Wall Street Journal reported on its website Wednesday.Nielsen may try to raise $1.5 billion...
MUMBAI, June 3 (PTI): FMCG major Godrej Consumer Products today surged 7.56 per cent on the BSE, a day after the company announced the acquisition of Argentinian hair-care company Argencos. Shares of Godrej Consumer Products climbed to Rs 352, up...
TOKYO, June 3 (Reuters): Astellas Pharma, Japan's No 2 drugmaker, said investors tendered about 87 per cent of OSI Pharmaceuticals' shares in response to its $4 billion bid for the US biotech firm.Astellas was widely expected to gather enough shareholder...
MUMBAI, June 3 (Reuters): Stock funds that invest in consumer goods and pharma sectors led mutual fund gainers in May, while diversified equity funds fell in line with the benchmark as key stock indices dropped on euro zone worries. Funds...
KARACHI, June 3 (Business Recorder): After posting negative trend during last two days, the Karachi share market Wednesday witnessed positive trend and KSE-100 index gained 204.88 points. The KSE-100 index opened in green zone with a gain of 15.36 points...
ROME, June 3 (Commodity Online): UN Food and Agriculture Organisation (FAO) said global wheat prices may fall further on ample supplies and boom in exports by Black Sea countries. In its latest report, FAO also raised its estimate for the...
Our Correspondent NILPHAMARI, June 03: Cultivation of the creeper Arum (Loti Kachu) is increasing in the northern region. Now it is being very extensively cultivated as a commercial product in Panchbibi Upazila of Jaipurhat district and other neighbouring upazilas of...
Our CorrespondentJOYPURHAT, June 03: The Joypurhat branch of Rajshahi Krishi Unnayan Bank (RAKUB) disbursed Tk 530 million (53 corers) among 12,046 farmers in the running 2009-2010 fiscal while the disbursement target was 620 million. They recovered 310 million against the...
After several consecutive weeks of price appreciation, the market saw a decline in price last week particularly towards the close with some teas remaining unsold, according to the tea market report by National Brokers Ltd. Blenders were initially operating in...
SINGAPORE, June 3 (Commodity Online): Global oil prices climbed near $74 a barrel in Asian trade Thursday mainly after reports of decline in US crude inventories. Light sweet crude for July delivery was seen trading at $73.61 a barrel at...
June 03, Thursday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Thursday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550085.5618102.57780.767360.522866.385958.3856Agrani Bank69.550085.5613102.70970.769160.486066.457758.3690FCBsStanChart69.6787.16101.080.7961.0666.3758.97HSBC 69.627586.8916102.45240.787860.911866.934859.0627Citibank naNANANANANANANABank of Ceylon69.610086.8758104.45930.789761.379166.810660.7287PCBsUttara Bank69.600085.8073102.66210.776160.247266.246658.1778AB Bank69.650086.6165103.58160.7800NANANABuying rates from public (inward...
Raihan M ChowdhuryThe office of Comptroller and Auditor General (CAG) has raised 296 objections involving Tk 15.26 billion in 16 ministries with ministry of finance in the top list.A total of 18 audit reports for 2005-06 and 2006-07 fiscals were...
America seems to have relinquished its self-imposed role of world police with the adoption of a new national security strategy. "The burdens of a young century cannot fall on American shoulders alone," President Barack Obama says in the strategy which...
Enayet Rasul BhuiyanThe World Economic Freedom Index (WEFI) in 2007 listed Bangladesh in the 143 place among the countries sampled by it. This was notwithstanding the fact that Bangladesh has been fast liberalising its trade and remains a front runner...
Dewan Md KabirEmployment conditions are reasonable in some regions but pitiable in the others. In sum, the entire country presents a spectacle of non uniform state from the perspectives of economic growth and development. This is reflected in various economic...
One of the few feathers a Bangladeshi could wear in his cap and flaunt to the world was freedom of press in his own country. With closures and banning of many news and social media like Channel One, Jamuna TV,...
Privatisation is a policy which ought to enjoy a broad consensual support in the country. Apart from the left political parties, none of the main political parties in the country with parliamentary representation are opposed to privatisation in principle. Therefore,...
THE government has cancelled the declaration of Amar Desh, a Bangla daily of the country, on June 01, stating that it has no authorised publisher.We are very sorry to note that some dailies of the country often have their own...
S. M. Abu ZakerPopulation is the main problem of Bangladesh due to which the economic growth could not be achieved at a desired level. As such, every government takes necessary steps to export manpower to ease unemployment problem and increase...
Muhammad Mahboob Ali and Rehana ParvinMany countries are now dependent on the tourism sector for foreign currency earnings. The expansion of the tourism throughout the world has increased competition among the tourist destinations, which try to attract more tourists by...
SINGAPORE, June 2 (Reuters): Asian stocks followed Wall Street down Wednesday as jitters over the euro zone's debt crisis prompted investors to keep cutting riskier positions, while the euro steadied after hitting a four-year low. The yen fell broadly after...
MUMBAI, June 2 (Reuters): Indian federal bond yields fell Wednesday, supported by risk averse global sentiment, but concerns about inflation and tight cash conditions limited the drop. At 11:14 am (0544 GMT), the benchmark 10-year benchmark bond yield was at...
HONG KONG/SHANGHAI, June 2 (Reuters): Agricultural Bank of China (ABC.UL) may struggle to get the kind of valuation it wants as it gears up to launch the world's biggest IPO into a market that has slumped by a fifth in...
Credit Rating Information and Service Limited (CRISL) has upgraded the Claim Paying Ability (CPA) rating of Prime Islami Life Insurance Limited (PILIL) to A+ on basis of the audited financials upto the year 2008 and other relevant qualitative and quantitative...
MUMBAI, June 2 (Economic Times): Indian markets ended volatile session on a higher note Wednesday led by gains in telecom, auto and realty stocks. Buying activity was also seen in broader markets. National Stock Exchange's Nifty ended at 5027.90, up...
LONDON, June 2 (Reuters): European shares fell Wednesday, with BP down after the US launched a criminal probe into the Gulf of Mexico disaster and banks slipping on worries over the recovery from the euro zone crisis.By 0856 GMT, the...
NEW DELHI, June 2 (Reuters): Indicating that the initial public offering (IPO) for Coal India Limited (CIL) could be postponed beyond August, the government today said that it will wait for good market conditions to launch it. "We had planned...
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