IT'S a very shocking news that a suicide bomber rammed a car into a mosque during Juma prayers the other day killing 11 people in northwest Pakistan, while a US missile strike pounded the troubled region leaving seven militants dead....
M H Rashid Our capital market, with a sustainable gain and the potentiality in terms of growth and expansion in the immediate future, is witnessing the most vibrant year so far. Current year's most discussed subjects in the burses are:...
M A RahmanTHE Copenhagen Summit on climate change has produced nothing substantive in nature, after its long sessions of meetings and discussions, beyond a non-building understanding or accord, short of formal nature. The developed and rich countries have "promised" in...
HONG KONG, Dec 20 (Bloomberg): Asian stocks fell for a second week, led by Chinese developers on concern the nation will step up measures to curb property speculation. Japanese banks rose on optimism they'll have at least a decade to...
SEOUL, Dec 20 (Bloomberg): Hyundai Motor Co, South Korea's largest automaker, plans to form a 400-million-dollar venture with Baotou Bei Ben Heavy-Duty Truck Co in China next year to expand in the country set to become the world's biggest auto...
NEW DELHI, Dec 20 (Economic Times): Stocks of banks, pharmaceuticals companies and public sector undertakings (PSUs) have registered a growth in trading volumes in the last quarter of 2009, their reputation as defensive stocks presenting a picture of contrast to...
Eli Lilly & Company, a world leading pharmaceutical company, last week marketed its world class insulin device Humapen Ergo II in Bangladesh, a press release said.Swapan Kumar Modak, managing director of International Agencies Bangladesh Limited, the local partner of Eli...
ZURICH/BRUSSELS, Dec 20 (Reuters): Luxembourg's drive to become a major funds domicile faces a stiff test next year when investors who lost money in Bernard Madoff's $65 billion fraud seek compensation from UBS via a Luxembourg court.The push to attract...
NEW YORK, Dec 20 (PTI): The cumulative valuation of the Indian stocks trading on the American bourses rose by USD 3.1 billion past week, with IT major Wipro emerging as the biggest gainer in terms of market capitalisation.For the week...
NEW YORK, Dec 20 (Reuters): Green technology companies could see a little more investor interest in 2010 if rising oil prices encourage energy users to look for alternative sources of fuel.In a sign of what might be on the horizon,...
LUANDA, Dec 20 (AFP): Sitting comfortably on strong oil prices, OPEC crude producers are set to hold their output steady at their meeting in Angola Tuesday while eyeing the rising prospects of Iraq, observers say. The meeting of the Organisation...
BEIJING, Dec 20 (Commodity Online): With Chinese economy rebounding and demand for coal warming up, coal prices are set to go northwards, according to Himfr.com, one of China's leading B2B search platforms. The price of steam coal is rising and...
Our CorrespondentPABNA, Dec 20: Pabna Sugar Mills started production Friday with the target of crushing 65,000 tonnes of sugarcane despite incurring a loss of Tk 610 million, official source said. Samsur Rahman Sarif Dilu, MP, inaugurated the sugarcane crushing programme...
Our CorrespondentGAIBANDHA, Dec 19 : A five-day rural business fair began at the ground of Jumarbari Adarsha College under Shaghata Upazila in the district Thursday.The fair is being organised to display the technology used in making products and services of...
LONDON, Dec 20 (Commodity Online): A British company has unveiled the world's most expensive mobile phone - a gold iPhone encrusted with nearly 200 diamonds that retails at a hefty 1.92 million pounds, or Rs.147 million.The phone, designed by Stuart...
CHICAGO, Dec 20 (Bloomberg): Wheat futures rose the most this month as speculative investors bet that the steepest decline in three weeks was overdone.The price plunged 3.5 per cent Friday, the most since November 24, bringing this month's decline to...
STOCKHOLM, Dec 20 (AFP): The "first ever" brand of jeans made in North Korea went on sale in Stockholm Saturday, the Swedish company behind the communist-made denims said. "There has been a constant flow of shoppers," Tor Rauden Kaellstigen of...
MUMBAI, Dec 20 (Commodity Online): Major steel producers in India expect the steel prices to go up in the coming months.Steel Authority of India Ltd said steel prices will go up next month following a rise in global prices.International prices...
BUENOS AIRES, Dec 20 (Bloomberg): Argentine beef prices are expected to climb next year after rising 13 per cent before the holidays, when consumption peaks in the world's largest red-meat-eating country, a farm group said.Cattle shortages and drought are boosting...
December 20, Sunday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Sunday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.4500100.1172112.48390.776266.983965.482062.1824Agrani Bank69.3500102.6051111.16000.794267.597065.992162.6260FCBsStanChart69.50106.77117.300.8371.8367.7965.84HSBC 69.6305102.2410114.95700.820367.219365.646062.9907Citibank naNANANANANANANABank of Ceylon69.5900103.8239116.37790.814369.603966.504265.9365PCBsUttara Bank69.5000100.5498112.76890.784066.794665.469462.1848AB Bank69.5500103.9210115.15670.8026NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
COPENHAGEN, Dec 20 (AFP): For the past decade, the effort to muster an alliance of nations to fight climate change has seemed at times like a train wreck in slow motion. In Copenhagen last week, there were moments when that...
KATMANDU, Dec 20 (AP): Supporters of Nepal's former Maoist rebels clashed with riot police, attacked vehicles, forced shops to close and blocked highways across the country Sunday to enforce a general strike called to protest the president.The Maoists called the...
WASHINGTON, Dec 20 (AFP): A deadly snow storm described as one of the worst in a decade blanketed much of the eastern United States Saturday, grounding flights and bringing traffic to a standstill on the last weekend of the holiday...
KUALA LUMPUR, Dec 20 (AP): Malaysia's opposition alliance pledged not to let infighting thwart its ambition of seizing federal power within the next few years.More than 1,500 opposition officials endorsed a document that spelled out their common goals late Saturday...
PHNOM PENH, Dec 20 (AP): Cambodia deported a group of 20 Muslim asylum-seekers back to China on Saturday, despite the protests from the US and the U.N., which rushed people to the airport in an attempt to physically prevent their...
ISLAMABAD: President Asif Zardari on Saturday refused to play the "Sindh card" to cope with the present crisis, saying he did not want to "become another Mujibur Rehman", reports Daily Times."We are a federation... we will support it because we...
AMARA, Iraq, Dec 20 (AFP): Iranian troops who on Friday occupied a disputed oil well on the Iraq border slipped away during the night, a senior official of Iraq's Maysan province told AFP Sunday. "The Iranian troops left overnight and...
LONDON, Dec 20 (AFP): Prime Minister Gordon Brown on Sunday urged Britons to remember this Christmas the families of troops killed in Afghanistan, for whom the festive season will be "heartbreaking". The 103rd British soldier killed in the campaign this...
Iran dissident Ayatollah Montazeri dies TEHRAN, Iran, Dec 20 (AFP): Leading Iranian dissident the Grand Ayatollah Hossein Ali Montazeri has died, local news agencies reported on Sunday. "Montazeri, 87, died of an illness last night (Saturday)," the ISNA news agency...
FE ReportThe IPO lottery draws of ICB Employees Provident Mutual Fund One: Scheme One and R N Spinning Mills Limited will be held today (Monday) and December 24 respectively, issue managers of the companies said. The IPO lottery draw of...
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