TOKYO, May 19 (Reuters): Japan's Nikkei average fell 0.5 per cent to a nearly three-month closing low Wednesday as worries about tighter US and German financial rules rattled markets, spurring selling in the euro and other riskier assets.But short-covering helped...
MUMBAI, May 19 (Economic Times): Market regulator SEBI has asked stock brokers to provide the exchanges with a status report on the implementation of new client-broker agreement, which will become effective from June 30. The deadline has been extended a...
BEIJING, May 19 (AFP): China National Petroleum Corp, the country's top oil producer, said Wednesday it had acquired part of a Shell subsidiary in Syria, the latest move in its global quest to secure energy resources.The deal gives CNPC a...
NEW YORK, May 19 (Bloomberg): Initial public offerings from US companies backed by private-equity firms are losing money for investors for the first time in at least a decade, making them the worst performers in 2010's initial public offering (IPO)...
MUMBAI, May 19 (Economic Times): Equities ended in deep red Wednesday as panic stricken investors offloaded positions following bearish sentiments in global markets after Germany banned short sales in some government bonds and stocks. National Stock Exchange's Nifty ended at...
CHICAGO, May 19 (Reuters): The Chicago Board Options Exchange (CBOE), the biggest and oldest US options market, is planning an initial public offering (IPO) of at least $292 million, according to a regulatory filing Tuesday.The planned CBOE offering comes as...
KARACHI, May 19 (Business Recorder): The KSE-100 index Tuesday recovered 48.28 points to close at 10,082.04 points level on the back of fresh buying in some select scrips on dips. After opening in negative zone, the index kept oscillating between...
Our CorrespondentGOPALGANJ, May 19: Beshu Biswas (32), son of Noni Biswas of Chasiania Kandi under Gopalganj pourashava, is a solvent person now who had been once a jobless and frustrated young man.He earns Tk 19,000 in a month from his...
LONDON, May 19 (AFP): European stock markets slumped Wednesday and the euro hit another four-year dollar low in reaction to new German trading controls and persistent concern about the state of the eurozone economy, analysts said.In early morning deals, London's...
Jashim Uddin Brahmanbaria district, famous for jackfruit cultivation, is now the scene of feverish lychee cultivation. Lychee growers are set to reap a bumper harvest this season along with different varieties of jackfruit.Local businessmen say the local variety of lychee,...
LONDON, May 19 (Bloomberg): Crude oil, copper, zinc and rubber dropped on concern Europe's debt crisis will worsen, derailing economic growth and hurting demand for commodities.Oil for June delivery slumped as much as 2 per centto $68.05 a barrel before...
The Philippine Bureau of Customs has issued a Customs Memorandum Order recently for a new Pre-Shipment Inspection programme for all bulk and break bulk goods shipped to the Philippines. The programme will start on 27 May 2010 and there are...
NEW YORK, May 19 (Reuters): Gold fell in Europe Wednesday, caught up in selling of other assets like stocks and the euro, after Germany's move to ban some naked shorting and after German Chancellor Angela Merkel said the euro was...
TOKOYO, May 19 (Bloomberg): Japan will almost triple the number of animals to be culled in Miyazaki prefecture, a major farming region, as an outbreak of foot-and-mouth disease threatens the nation's livestock industry.All pigs, beef cattle and dairy cows in...
LONDON, May 19 (Bloomberg): Copper fell in London as the dollar strengthened after Germany prohibited speculating on sovereign debt, sending the euro to the lowest level in more than four years.The US Dollar Index, a six-currency gauge of the greenback's...
A strong market continued last week with tea prices appreciating as all types of Blenders were more active along with increased support from the Loose tea buyers. There were hardly any withdrawals.Dusts were once again a strong market.CTC LEAF: 9,319...
May 19 Wednesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Wednesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550085.415199.69820.763160.934367.164260.0002Agrani Bank69.550085.331899.72610.765960.937667.157959.8295FCBsStanChartNANANANANANANAHSBC 69.576086.9188101.13940.779661.634967.171661.6196Citibank naNANANANANANANABank of CeylonNANANANANANANAPCBsUttara Bank69.550085.781199.94140.770160.702567.140859.9453AB Bank69.600086.6457100.79960.7747NANANABuying rates from public (inward...
FE Report Square Pharmaceuticals has become the country's third medicine maker to set up an insulin manufacturing unit in hopes to keep the highly expensive drug within patients' purchasing capacity.The pharma giant has already started production at the state-of-the-art Insulin...
Munima SultanaSome ministries have received a fresh allocation of Tk 53.30 billion for implementation of ADP projects at the fag end of the current fiscal year on surrendering Tk 47.6 billion unimplemented project money.Officials said the Planning Minister on Tuesday...
FE ReportIslami Bank Bangladesh Limited has approved 20 per cent stock and 10 per cent cash dividends for the shareholders for the year 2009.The approval came in the 27th Annual General Meeting of the Bank held Wednesday in the city.Presided...
The four-week 27th foundation training course organised for the officers of Dutch-Bangla Bank Limited (DBBL) concluded Wednesday, says a press release.A certificate-awarding ceremony was held at DBBL Training Centre in the city. Managing Director of the bank Md Yeasin Ali...
Doulot Akter MalaRelentless efforts on the part of the National Board of Revenue to expedite containers' arrival in Dhaka inland container depot (ICD) failed to see any fruits over the last one year that has affected customs revenue collection, it...
Citi's Global Transaction Services has won 'The Asian Banker' Achievement Award for Payments (Asia Pacific) recently. In winning this award for the second straight year, Citi has received a strong endorsement of its ongoing leadership in providing innovative payments services...
FE ReportFish farmers demanded withdrawal of a government decision on doubling tax on land used for shrimp cultivation saying the tariff hike would affect the sector adversely. The government has increased tax to Tk 3,000 per acre of land from...
FE ReportThe state-run Biman is going to take lease two wide-bodied Boeing 777-200 aircraft as part of its desperate attempt to replace the aging DC-10-30s which are frequently facing technical troubles, top Biman official told the FE."We are at the...
Eastern Bank Ltd (EBL) has renovated its Jessore branch on SN Road to provide better services to its customers recently, says a press release.EBL Deputy Managing Director Mamoon Mahmood Shah inaugurated the renovated branch.From now on EBL customers will have...
Malaysian investors have been urged to undertake new ventures of investment in the fast growing manufacturing, services and infrastructure sectors in Bangladesh. Commerce Minister Faruk Khan made the appeal while addressing the sixth World Islamic Economic Forum (WIEF) in Kuala...
Grameenphone's products and services will soon be available at all outlets of chain superstore Meena Bazar. For the first time in Bangladesh, telecom products and services will be available in superstores.This initiative will help customers meet their daily telecommunication needs,...
FE ReportMd Shahin Kabir, a partner of national award winning engineering machine seller Machine Ghar, has won 'Man of the Year Award'.Swadhin Bangla Cultural Foundation, a cultural organisation, awarded Mr Kabir at a ceremony in the city recently, said a...
The 12th Annual General Meeting of Union Capital Limited was held Wednesday at LGED Auditorium in the city.Mr. Kazi Golam Rahman, Chairman of the Company presided over the meeting. The meeting approved 30 per cent Stock Dividend i.e. 03 (three)...
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