MUMBAI, Mar 22 (Reuters): Shares in Bharti Airtel rose Monday morning on hopes Bharti is heading towards a smooth landing in its $9 billion deal talks to buy Kuwaiti telecom Zain's African operations. Bharti said Sunday it had tied up...
KARACHI, Mar 22 (Business Recorder): The stock market witnessed mixed trend during the week ended on March 20, 2010 and KSE-100 index closed at 10,000.93 points, with a loss of 25.06 points. Trading shrank and average daily volume at ready...
LONDON, Mar 22 (Bloomberg): ICAP Plc, the largest interbank broker, said it will close its money-losing cash equities business and fire or reassign 114 employees after failing to find a buyer or partner for the unit. ICAP expects closing the...
LONDON, Mar 22 (Bloomberg): Companies are selling high-yield, high-risk bonds at the fastest pace since credit markets seized up in 2007 amid signs the economic recovery is gaining momentum. Renault SA, the second-largest French automaker, Pittsburgh-based US Steel Corp. and...
The cover opening ceremony of a book , titled 'WTO Agreement on Customs Valuation: Law and Practice' was held in the city Sunday , said a press release.M Azadul Islam consolidated the book as a comprehensive study for the various...
MUMBAI, Mar 22 (PTI): The implementation of Application Supported by Blocked Amount (ASBA), an ambitious project by market regulator Securities and Exchange Board of India (Sebi), could suffer due to a lack of initiatives from brokers. According to industry sources...
MUMBAI, Mar 22 (Reuters): Tata Motors said Monday that it has signed a contract with Myanmar Automobile & Diesel Industries Ltd to set up a heavy truck plant in the country. The plant, to be set up at Magwe about...
MUMBAI, Mar 22 (Reuters): Aventis Pharma Ltd said Monday its promoter Hoechst GmbH plans to raise its stake to 60.37 per cent in the firm by acquiring 10.27 per cent stake from the United Breweries group.Hoechst plans to acquire shares...
HONG KONG, Mar 22 (Reuters): Zhongsheng Group Holdings Ltd, a Chinese dealership providing services to carmakers, raised US$369 million when it priced its Hong Kong initial public offering near the bottom of an indicated range, a source familiar with the...
WASHINGTON, Mar 22 (CNN): A sweeping bill overhauling the US medical system goes to President Obama's desk Monday to be signed into law.The House of Representatives passed the measure late Sunday, delivering a historic victory to Obama, who had made...
WASHINGTON, Mar 22 (AFP): United States (US) Secretary of State Hillary Clinton urged Israel Monday to make 'difficult but necessary choices' for Middle East peace but promised her 'rock solid' support for its security.In an address to be delivered later...
BANGKOK, Mar 22 (AFP): Thailand's red-shirted protesters vowed to 'shut down' Bangkok with an anti-government rally Monday, defying the government which had raised the stakes with new security measures.The 'Red Shirt' supporters of deposed prime minister Thaksin Shinawatra began rolling...
WASHINGTON, Mar 22 (AFP): US Secretary of State Hillary Clinton said Monday the United States will not 'compromise its commitment' to prevent Iran getting a nuclear bomb, but sanctions that bite will take time.In excerpts of a speech she will...
QUETTA, Mar 22 (AFP) : Gunmen Monday assassinated a renowned Pakistani educationist in Baluchistan, where violence has recently spiked in the southwest region on the Afghan and Iranian borders, police said. Fazle Bari, principal of private boys' college Tameer-e-Nau, was...
BAGHDAD, Mar 22 (Xinhua): Rejected by electoral commission officials, the calls for vote recount by Iraqi Prime Minister Nuri al-Maliki and President Jalal Talabani foreshow what a possible difficult process the nation's power transition will be in the near future.The...
YOKOSUKA, Mar 22 (AFP): Japanese Prime Minister Yukio Hatoyama urged closer scrutiny of defence spending in order to find savings on Monday, while affirming full commitment to the alliance with the United States.Addressing a graduation ceremony at the National Defence...
MOSCOW, Mar 22 (AFP): Moscow and Washington will complete a new nuclear treaty in "the coming days", Russia's deputy foreign minister said Monday, amid intense anticipation of a breakthrough in the long-stalled talks."We are literally on the verge, I think...
AMMAN, Mar 22 (AFP): US Middle East envoy George Mitchell said he had a 'positive' meeting with Palestinian leader Mahmud Abbas Monday on starting US-brokered indirect negotiations with Israel as soon as possible.The so-called proximity talks, which had been hard-won...
Pakistan drone raid 'kills five' Missiles fired by a suspected US drone have killed at least five people in north-western Pakistan, officials say. The missiles hit a militant hideout in the Datta Khel area of North Waziristan area near the...
LONDON, March 22 (Bloomberg): Crude oil fell for a third day in New York amid concern governments around the world may follow India in raising interest rates, damping the recovery in global fuel demand.Oil slipped as the US dollar traded...
Apollo Hospitals has started a week-long hand wash awareness campaign title 'Spread the word not the germs' reducing the spread of infectious diseases in the city recently, said a press release.In partnership with Lifebuoy, the handwashing week will continue up...
NEW YORK, March 22 (Bloomberg): Soybeans dropped for the first time in six days on speculation that US farmers will plant a record crop this year and after Chinese imports declined.Soybeans for May delivery dropped as much as 3.25 cents,...
BEIJING, March 22 (Bloomberg): The global natural rubber market has entered a "demand-driven bullish phase" as buyers led by China boost imports to meet rising tire demand, the Association of Natural Rubber Producing Countries said.A target of 6 per cent...
FE ReportThe Branch Managers' Conference 2010 of Continental Insurance Ltd was held at Spectra Convention Centre at Gulshan in the city recently.Md Musa Meah, chairman of the company, attended the conference as the chief guest. Md Hashmat Ali, managing director,...
LONDON, March 22 (Bloomberg): Copper fell for a third day in London on concern that Chinese stockpiles at a seven-year high may signal weakening demand even as imports of metal increase.Inventories in Shanghai warehouses climbed almost 9 per cent last...
DUBAI, March 21 (Reuters): A UN. conference rejected Sunday trade restrictions on red and pink corals used in jewellery in what environmentalists called a new setback for endangered marine species.Delegates at the 175-nation meeting of the Convention on International Trade...
March 22, 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 Bank69.550094.4389104.18140.776665.848168.729463.8716Agrani BankNANANANANANANAFCBsStanChartNANANANANANANAHSBC NANANANANANANACitibank naNANANANANANANABank of CeylonNANANANANANANAPCBsUttara BankNANANANANANANAAB BankNANANANANANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
FE ReportPrime Bank has planned to scale up financing in infrastructures including the capital-intensive power and telecom sectors as part of its efforts to boost industrialisation in the country, its chief executive officer (CEO) said Monday. Risk-averse Bangladeshi private banks...
The 6th Annual General Meeting of Credit Rating Agency of Bangladesh Limited (CRAB) was held recently at Lakeshore Hotel in the city.CRAB Chairman M. Syeduzzaman chaired the meeting. It was informed that the company continued to perform well during 2009,...
NCC Bank Limited opened its 66th branch with online facility at Narayangonj Monday.Chairman of the Bank Yakub Ali Montu formally inaugurated the branch as chief guest. Managing Director & CEO Mohammed Nurul Amin presided over the function.Vice Chairman of the...
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