TOKYO, Jan 20 (Reuters): Japan's Nikkei average fell 0.3 per cent Wednesday as Nomura Holdings and other securities firms slid after a brokerage downgrade, while investors held back as the earnings season approaches.Japan Tobacco slid 4.1 per cent after Norway...
NEW YORK, Jan 20 (Reuters): IBM raised its 2010 profit target and reported a stronger-than-expected, 9 per cent increase in fourth-quarter earnings, as cost cuts and a shift to more profitable contracts helped it weather a slump in corporate spending.IBM's...
NEW DELHI, Jan 20 (Economic Times): As the world's second biggest processed foods company, Illinois-based Kraft Foods Inc's $18.9 billion takeover of British confectionery maker Cadbury is finalised after a protracted boardroom battle, Kraft Foods' finally gets a clean sweep...
MUMBAI, Jan 20 (AFP): Cash-rich Indian energy groups are looking to flex their new-found muscles with global acquisitions as the fast-growing country joins China in the hunt for vital resources, analysts say. "India's oil and gas sector will be a...
FE ReportUttara Bank Limited First Zonal Heads' Conference-2010 was held at Bangladesh Tea Board Conference Hall in Sreemongal recently, according to a press release.Chairman of the bank Azharul Islam inaugurated the conference. The meeting discussed overall achievement of the bank...
SINGAPORE, Jan 20 (Bloomberg): Rice-production growth in Indonesia, the world's third-largest grower, may slow this year as an El Nino weather phenomenon parches crops, according to Bulog, the state-owned food company that manages the nation's supplies.Output of milled rice may...
Our correspondentBRAHMANBARIA, Jan 20: Agrani Bank Limited organised a get-together of Brahmanbaria zone at the main branch of the bank premises recently.Member of board of directors of the state-owned bank Barrister Jakir Ahmed was present at the function as the...
BERLIN, Jan 20 (Commodity Online): Europe's gas storage capacity is set to increase dramatically over the next decade. Gas storage capacity in Western Europe is expected to be nearly doubled by 2025, according to auditor PricewaterhouseCoopeRsThe boom in storage is...
January 20, 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 Bank69.450099.2447113.63270.768867.313467.508764.1716Agrani Bank69.450099.0371113.54240.771567.258567.397463.8968FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.5280100.3084114.99170.784767.633467.537064.5178Citibank naNANANANANANANABank of Ceylon69.5400102.4907116.35000.793769.187168.431466.8697SPCBsUttara Bank69.500099.6771113.94150.776467.142667.514564.1392AB Bank69.5000100.8380115.17230.7802NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
KANO, Jan 20 (AFP): Muslim-Christian clashes in Nigeria's central city of Jos have displaced some 20,000 people in three days and caused water and food shortages in the city, relief agencies said Wednesday."The greatest challenge which we ... are facing...
NEW DELHI, Jan 20 (AFP): US Defence Secretary Robert Gates warned Wednesday that South Asian militant groups were seeking to destabilise the entire region and could trigger a war between nuclear-armed Pakistan and India.Reflecting anxiety in the region about New...
WASHINGTON, Jan 20 (CNN): As President Obama marks one year in the White House, an average of the most recent national surveys indicates that just over half of the public approves of how the president is handling his job.According to...
PORT-AU-PRINCE, Jan 20 (Reuters): Fears of violence and looting eased in earthquake-devastated Haiti as US troops provided security for water and food aid deliveries, and thousands of displaced Haitians heeded the government's advice to seek shelter outside Port-au-Prince.Medical care, handling...
TEHRAN, Jan 20 (AFP): Iran will unveil three new satellites in February, a report said Wednesday, amid Western concerns that Tehran is using its nuclear and space industries to develop atomic and ballistic weapons.ISNA news agency quoted Communications Minister Reza...
BAGHDAD, Jan 20 (AFP): Iraqi Prime Minister Nuri al- Maliki Tuesday denied the war-torn nation's Sunni minority was being targeted by a blacklist that has barred more than 500 candidates from its March 7 general election. "I deny that the...
KABUL, Jan 20 (AP): Afghanistan's finance minister says a joint panel has agreed to boost the number of Afghan security forces from the current level of about 191,000 to 400,000 within five years.The announcement came Wednesday after a meeting of...
Schools close, police look for suspect in eight deathsAPPOMATTOX, Va., Jan 20: Schools were shutdown in a rural Virginia county as police searched for a gunman Wednesday who they believe killed eight people at a nearby home and forced down...
FHM Humayan KabirThe Prime Minister would review the macro-economic situation in the first half of the current fiscal in the last week of January to have an overview of the ways to Bangladesh's development by achieving eight per cent growth...
Mohammad MufazzalThe hearing on the writ petition of the United Commercial Bank Limited (UCBL) is likely to be completed within the tenure of the present Chief Justice (CJ) who is scheduled to go for retirement on February 7, sources said.The...
Abu Alam Chowdhury, vice-president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI), attended the CACCI Planning Committee meeting at Colombo, Sri Lanka last week, reports...
FE Report The Foreign Investors' Chamber of Commerce and Industry (FICCI) Wednesday urged the government to improve the country's energy situation immediately to attract much needed foreign direct investment (FDI).A team of the office-bearers led by president AM Hamim Rahmatullah...
Raihan M ChowdhuryMobile Broadband technology will enable the Bangladesh population to embrace the range of social and economic benefits associated with increased internet penetration, said Tom Phillips, Chief Government & Regulatory Affairs Officer at the GSMA, the world industry body...
FE ReportAn eight-member ICAB delegation headed by Institute of Chartered Accountants of Bangladesh (ICAB) President Dr Jamaluddin Ahmed leaves Dhaka for Kathmundu today (Thursday) to attend the 12th South Asian Federation of Accountants (SAFA) Board Meeting and 70th SAFA Assembly...
FE ReportSpecialised textile mills owners Tuesday urged the government to solve their problems immediately and ensure adequate funds for the once prospective sector.The leaders made the appeal at a meeting with Bangladesh Bank governor Atiur Rahman at his office in...
Eastern Bank Limited (EBL) received a third prize of the ninth ICAB National Awards in best-published accounts and reports in banking sector category for its annual report-2008, according to a press release.Commerce Minister Lt Col (rtd) Muhammad Faruk Khan presented...
Bangladesh Council of Science and Industrial Research (BCSIR), the state-run apex body for scientific innovation and promotion, has planed to set up an IT-based trade related service centre, especially for entrepreneurs, importers and exporters, reports BSS.The centre dubbed `Centre for...
FE ReportBRAC Bank Limited opened its new branch at Upashahor in Sylhet with fastest growing bank brings 24-hour ATM service with modern online banking facility Tuesday, according to a press release.BRAC Bank Limited Chairman Muhammad A (Rumee) Ali inaugurated the...
FE ReportMarico Bangladesh Limited (MBL), a leading FMCG in the beauty and wellness sector approved a cash dividend of 25 percent equivalent to Tk 2.5 per share.The approval came at the 10th Annual General Meeting of the company Tuesday at...
Information Minister Abul Kalam Azad Wednesday said the government had taken effective steps to expand the textile sector. He expressed his optimism that the sector would play a more vital role in generating employment opportunities for unemployed youths. The quality...
Shahjalal Islami Bank Limited (SJIBL) started operation of a new ATM booth at its Motijheel Branch premises in the city Wednesday.Managing Director of the bank Muhammad Ali formally inaugurated the ATM service at the booth.Among others, SJIBL Deputy Managing Director...
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