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Population challenge before Bangladesh

2009-08-16 00:00:00

Mahfuz R Chowdhury Bangladesh, with 150 million people living in 134,000 sq km, has the dubious distribution of being the seventh largest country in the world in population. Population density of more than 1100 people per sq km, makes the...

Asian markets rise on new hopes from Europe

2009-08-16 00:00:00

HONG KONG, Aug 15 (AFP): Asian markets rose Friday as data out of Europe showing the German and French economies had moved out of recession boosted hopes for a global recovery.Tokyo added 0.76 per cent, Hong Kong 0.15 per cent...

KSE 100-share index loses 47 points

2009-08-16 00:00:00

KARACHI, Aug 15 : The Karachi stock market witnessed selling activities Thursday as the rise in yield on T-bills by 34 basis points indicated limited possibility of a significant discount rate cut in the monetary policy due on August 15,...

Sugar may extend rally on shortages

2009-08-16 00:00:00

NEW DELHI, Aug. 15 (Bloomberg): Sugar, which has almost doubled this year, may climb further as buyers led by India seek more supplies to meet a shortfall, an official at Al Khaleej Sugar Co., the world's biggest refinery, said."You have...

European stocks snap four-week rally, Aegon, Volkswagen drop

2009-08-16 00:00:00

LONDON Aug. 15 (Bloomberg): European stocks fell for the first week in more than a month as investors speculated share prices have outpaced the outlook for economic growth and companies from Aegon NV to Nestle SA posted lower earnings.Aegon, the...

Cotton tumbles on decline in equities

2009-08-16 00:00:00

NEW YORK, Aug. 15 (Bloomberg): Cotton prices fell the most in eight weeks as drops in US consumer confidence and the equity market renewed concern that the economic recovery may be sluggish.The Standard & Poor's 500 Index slid as much...

US stocks fall on concern rally outpaced recovery prospects

2009-08-16 00:00:00

NEW YORK, Aug. 15 (Bloomberg): US stocks slid, capping the first weekly drop for the Standard & Poor's 500 Index in more than a month, as lower-than-estimated consumer confidence added to concern a five-month rally outpaced prospects for the economy.Boeing...

Karachi Stock Exchange expels three brokers

2009-08-16 00:00:00

KARACHI, Aug. 15 (Bloomberg): Pakistan's Karachi Stock Exchange, which barred five brokers from trading shares last month, expelled three of them for not resolving investor complaints.Eastern Capital Ltd., Cliktrade Ltd. and Capital One Equities were expelled because of their failure...

Soybeans, corn fall on favourable US weather, wheat steady

2009-08-16 00:00:00

NEW YORK, Aug. 15 (Bloomberg): Soybean prices tumbled the most in five weeks and corn dropped as favourable weather in the US Midwest boosts prospects for crops that will be harvested starting next month. Wheat was little changed.Temperatures in the...

Commodity prices mixed as economies turn corner

2009-08-16 00:00:00

LONDON, Aug 15 (AFP): Commodity prices traded mixed this week amid caution over future demand for raw materials despite positive economic data from the United States and Europe, where recession ended for some countries. Sugar prices reached a 28-year peak,...

IFIC Bank holds workshop on Basel-II Accord

2009-08-16 00:00:00

IFIC Bank Ltd conducted a daylong workshop on 'Basel-II Accord' at its academy at Motijheel in the city recently.Vice President of the bank HS Suhrawardi and Mohammad Tajul Islam of CRAB were the main speakers at the workshop. Details of...

Record fall in eurozone consumer prices: EU

2009-08-16 00:00:00

BRUSSELS, Aug 15 (AFP): Consumer prices in the 16 euro countries fell a record 0.7 per cent in July over 12 months, deepening the bloc's first ever dip into deflationary territory, EU data showed yesterday. The figures poured some economic...

Manmohan commits to control rising prices

2009-08-16 00:00:00

NEW DELHI, Aug 15 (PTI): With nearly one-fourth of India reeling under drought, the government today asserted the country has adequate stocks of foodgrains and all efforts would be made to check rising prices and hoarding. "No one will go...

In divided Lebanon, farmers' market a model of unity

2009-08-16 00:00:00

BEIRUT, Aug 15 (AFP): On a parking lot in the heart of Beirut, Kamal Mouzawak has managed no small feat-uniting Lebanon's ever divided religious communities around one common passion, food. From Hussein Abu Mansour, from a Druze village in the...

Safe-haven dollar gains on weak consumer reading

2009-08-16 00:00:00

NEW YORK, Aug 15 (AFP): The dollar surged yesterday as an unexpectedly weak reading on US consumer sentiment raised a red flag on the recovery outlook for the world's biggest economy, driving investors to the safe-haven unit. At 2100 GMT,...

Ctg sugar traders agree to keep wholesale, retail rate gap by Tk 3

2009-08-16 00:00:00

CHITTAGONG, Aug 15: The traders in Chittagong have agreed to sell sugar at a retail price higher by Tk 3 per kilogramme than the wholesale rate.The decision was taken at a meeting with the Industries Minister Dilip Barua in the...

Oil prices skid on weak US consumer confidence

2009-08-16 00:00:00

NEW YORK, Aug 15 (AFP): Oil prices skidded yesterday after a weak US consumer confidence reading dampened hopes for a pickup in energy demand in the world's largest energy-consuming country. New York's main contract, light sweet crude for September, plunged...

HIGHLIGHTS

2009-08-16 00:00:00

Mumbai Se Aya Mera DostOn ZEE TV Sunday, at 6-00 pm.Dina Nath (Snehal Lakhia) is honored by the Indian Government, which is televised live. While receiving the honors, Dina Nath informs the Government that his village is still without electricity,...

Completely cool at the 'Inglourious Basterds' Premiere

2009-08-16 00:00:00

LOS ANGELES, Aug 15 (AP): They were the cool couple in black, he in a linen suit and she in a fabulous, form-fitting strapless leather dress. Brad Pitt and Angelina Jolie stopped traffic on Hollywood Boulevard in Los Angeles Monday,...

Vidya Balan was first choice for 'All The Best'

2009-08-16 00:00:00

Not many are aware that Vidya Balan was the first choice for Ajay Devgan's home production, 'All The Best'.She was first approached by Ajay and Rohit Shetty, the director of 'All The Best', but eventually this very same role went...

Jackson's doctor left him alone with anaesthetic

2009-08-16 00:00:00

WASHINGTON, Aug 14: Michael Jackson's physician left him alone after putting him to sleep with a powerful anaesthetic in order to make telephone calls to family and friends, the Los Angeles Times reported Friday.The Times quoted three people familiar with...

TallTales &Trouble

2009-08-16 00:00:00

Some years ago, some newspapers published the names of actors who had been designated "obscene" in the film industry and someone who is no longer working in films, MoonMoon, headed the list. The rest are Mayuri, Mehedi, Jhumka, Polly, Shapla,...

India PM vows to fight terrorism, Maoist insurgency

2009-08-16 00:00:00

NEW DELHI, Aug 15 (AFP): India celebrated Saturday the anniversary of its independence from British rule with a vow to eradicate terrorism from its soil in the wake of last year's devastating militant Islamic attacks on Mumbai.India was boosting its...

Blast near NATO HQ in Kabul kills seven

2009-08-16 00:00:00

KABUL, Aug 15 (AP): A suicide car bomb exploded outside the main gate of the NATO-led military mission Saturday, killing seven Afghans and wounding 91 in an attack that penetrated a heavily guarded neighbourhood five days before the country's presidential...

Japan PM voices deep regret over WWII suffering

2009-08-16 00:00:00

TOKYO, Aug 15 (AP): Japan's prime minister expressed deep regret over the suffering his country inflicted on Asian countries during World War II in a solemn ceremony Saturday that marked the 64th anniversary of Tokyo's surrender.Prime Minister Taro Aso joined...

Iraqi PM says more attacks likely

2009-08-16 00:00:00

BAGHDAD, Aug 15 (AP): Iraq's prime minister said Saturday that insurgents will likely intensify their attacks in the run-up to January national elections in an attempt to destroy national unity and political stability.A flurry of recent bombings has sparked fears...

Drug cuts diabetics' pancreatic cancer risk

2009-08-16 00:00:00

CHICAGO, Aug 15 (Reuters): Diabetics who took the drug metformin, which makes the body process insulin better, had a 62-per cent lower risk of pancreatic cancer compared to those who had never received it, US researchers said recently.But the risk...

US senator meets Suu Kyi

2009-08-16 00:00:00

YANGON, Aug 15 (AP): Witnesses say US Senator Jim Webb is meeting with democracy leader Aung San Suu Kyi, her first talks with a foreign official since being sentenced this week to more house arrest.The witnesses said Suu Kyi was...

19 inmates dead in Mexico prison fight

2009-08-16 00:00:00

MEXICO CITY, Aug 15 (AP): A fight among inmates Friday at a prison in northern Mexico killed 19 inmates and left more than 20 injured, Durango state officials said. The battle apparently involved inmates jailed on drug or organised crime...

Suicide blast kills five in Swat

2009-08-16 00:00:00

MINGORA, Aug 15 (Reuters): A suicide car-bomber blew himself up at a Pakistani security post in the Swat valley Saturday killing five soldiers in the most serious attack in the area for weeks.The military went on the offensive in the...