SINGAPORE, May 25 (Bloomberg): US stock-index futures sank after a report that North Korean leader Kim Jong Il last week ordered his military to prepare for combat and amid mounting concern Europe's debt crisis will endanger the global recovery. Morgan...
KARACHI, May 25 (Bloomberg): Pakistan's Trading Corp may buy more white sugar than planned on May 29, exceeding the 200,000 tons specified in the tender, the chairman of the state-run agency said. "We will buy the full quantity of the...
Our Correspondent BRAHMANBARIA, May 25: Bangladesh Krishi Bank (BKB) held the performance review meeting of branch managers under the bank's Brahmanbaria region for the financial year 2009-10 at the premises of chief regional office in the district town Thursday.BKB General...
MUMBAI, May 25 (Bloomberg): India's stocks fell, with the benchmark index retreating more than 10 per cent from its April 7 peak, as investors sold shares on concern Europe's debt crisis will slow global economic growth. Wipro Ltd, the nation's...
DUBAI, May 25 (Bloomberg): Gulf shares declined with Dubai's benchmark index falling the most in more than two weeks as the International Monetary Fund (IMF) said Dubai's economy will contract this year, oil declined and emerging market stocks slumped. Emaar...
LONDON, May 25 (Bloomberg): Crude oil declined before a report forecast to show UST supplies are growing, while concern Europe's debt crisis will spread prompted investors to sell riskier assets.Oil dropped below $68 a barrel in New York and reached...
Cotton prices all over the world have jumped as a shortage bites. In Asia, the situation is so acute that Pakistan has slapped a 15pc duty on cotton exports and India has banned exports altogether to keep prices under control....
LONDON, May 25 (Bloomberg): Corn, wheat and soybeans declined after the seizure of a Spanish bank stoked investor concern that Europe's debt crisis may hurt the global recovery, strengthening the dollar and making US crop supplies more expensive.Corn for July...
NEW YORK, May 25 (Bloomberg): BP Plc outlined a contingency plan should an attempt to plug a leaking oil well in the Gulf of Mexico using heavy liquids fail.The equipment needed for the "top kill" operation, in which heavy drilling...
NEW YORK, May 25 (Bloomberg): Sugar futures retreated in London and New York as a stronger dollar dimmed the appeal of commodities as an alternative investment.The US Dollar Index, a six-currency gauge of the greenback's value, rose as much as...
LONDON, May 25 (Bloomberg): Gold, little changed in London, may decline as some investors sell the metal to cover losses on other assets. Platinum, palladium and silver also fell.The euro slid against the dollar after the International Monetary Fund urged...
India’s state-owned BSNL has banned Chinese vendors Huawei and ZTE from bidding for its Rs 20 billion contract for supply of 550 million GSM lines for its Northern and Eastern zones.BSNL has specified that only three Western vendors - Ericsson,...
May 25, Tuesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Tuesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550085.9882100.12350.780960.199665.397857.2812Agrani Bank69.550085.9300100.15730.782460.195665.336957.1936FCBsStanChart69.6787.09101.440.8061.0666.3058.45HSBC NANANANANANANACitibank naNANANANANANANABank of CeylonNANANANANANANAPCBsUttara Bank69.550086.3261100.29060.788259.975965.320257.2211AB Bank69.650088.6250102.05260.7912NANANABuying rates from public (inward...
FE ReportIDLC Finance Ltd will expand its businesses in line with diversification, a core theme of the company."We have already diversified our business areas and no other competitors are so diversified like us," Selim RF Hussain, CEO and managing director...
FE ReportSoutheast Bank Foundation arranged a program recently at Bangabandhu International Conference Centre in the city to distribute scholarship money amongst the poor but meritorious students of different schools and colleges.As a part of corporate social responsibility, Southeast Bank Foundation...
Monira MunniChinese origin mobile sets have seen a sharp rise in sales in the local market in the recent times mainly due to their low prices and other attractive technological features.According to traders, 97 per cent of the mobile sets...
FE ReportMercantile Bank has opened an SME/Krishi branch at Amishapara Bazar in Noakhali.Chairman of the bank Md Abdul Jalil MP inaugurated the new branch Monday, said a press release. Chairman of the Audit Committee of the bank Morshed Alam, directors...
Sonia H MoniBangladesh Post Office (BPO) will kick off its postal cash card operation in 31 post offices in Dhaka and greater Comilla area on June 10, BPO chief said.BPO Director General M Mobasherur Rahman told FE, "Postal cash card...
MUMBAI, May 25 (AFP): Britain's Standard Chartered Bank (SCB) began selling shares in India Tuesday, hoping to raise up to US$588 million in the first initiative of its kind in the country by a foreign firm.The London-based lender is selling...
FE ReportSony Expo 2010 began at a city hotel Tuesday, where Rangs Electronics (Sony Rangs) launched new models of BRAVIA products.The event has been organised to celebrate Sony Corporation's sponsoring of the upcoming FIFA World Cup 2010 in South Africa,...
AIMS of Bangladesh has announced net asset value (NAV) of its three Funds, said a press release. According to the disclosure, the NAV of AIMS First Guaranteed Mutual Fund stands at Tk 5.49 per unit at current market price basis...
Prime Minister (PM) Sheikh Hasina Tuesday urged the country's physicians and surgeons to render health services properly and timely to the people living in the villages, reports UNB."People living outside the capital are also human beings and they have also...
The High Court (HC) has issued a suo moto rule asking the Inspector General of Police (IGP) and others to explain in a week about the veracity of the news published Tuesday in the daily 'Amader Shomoy' captioned "300 vehicles...
TRISHAL, May 25 (UNB): LGRD Minister Syed Ashraful Islam said here Tuesday that the government had a plan to build an international airport after the name of Bangabandhu Sheikh Mubjibur Rahman.Speaking at a function marking the 111th birth anniversary of...
Food and Disaster Management Minister Abdur Razzaque Wednesday said that the government had planned a comprehensive and sustainable strategy by attracting foreign investment to ensure the food security of the country, reports UNB. "After nearly 20 years of neglect, the...
RU CorrespondentRAJSHAHI UNIVERSITY, May 25: The Rajshahi University (RU) authorities are taking examinations of several departments within 45 days' summer vacation to avoid unpleasant situations that kill student's valuable time and deprive them of completing courses in time."It takes months...
TRISHAL, May 25 (UNB): President Zillur Rahman Tuesday said that the objectives of National Poet Kazi Nazrul Islam could be implemented through driving out fundamentalism and poverty, and ending oppression and deprivation alongside improving the condition of the poor people."He...
WASHINGTON, May 25 (AFP): After months of fragile economic growth, fears are mounting that the global recovery could be derailed by a debt crisis that began in one small corner of Europe. At first investors voiced only mild concern about...
MUMBAI, May 25 (AFP): Britain's Standard Chartered Bank today began selling shares in India, hoping to raise up to 588 million dollars in the first initiative of its kind here by a foreign company. The London-based lender is selling shares...
KUALA LUMPUR, May 25 (PTI): Malaysia yesterday said it will restore the visa-free transit facility for Indian nationals from July one as part of its efforts to boost tourist inflow from India. Deputy Prime Minister Muhyiddin Yassin said the facility...
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