NEW YORK, Jul 23 (Reuters): Stock index futures pointed to a higher open on Wall Street on Thursday, as investors braced themselves for a slew of earnings news including results from Microsoft, McDonald's and American Express.At 5.10 a.m. ET futures...
TOKYO, July 23 (Bloomberg): Asian stocks rose for an eighth day, led by automakers and technology companies, as a weaker yen boosted the prospects for Japanese export earnings and US housing prices unexpectedly gained. Japan's Funai Electric Co., which gets...
WASHINGTON, July 23 (AFP): The International Monetary Fund yesterday welcomed China's progress on liberalizing its currency, but said some countries still view the yuan or renminbi as "substantially undervalued." The IMF executive board "welcomed the important progress made in the...
SINGAPORE, July 23 (AFP): Oil was higher in Asian trade today as investors focused on Federal Reserve chairman Ben Bernanke's comments about the US economy, analysts said. New York's main contract, light sweet crude for September delivery, put on nine...
Our CorrespondentCHITTAGONG, July 23: Taiwan and Bangladesh are interested in working unitedly for ensuring overall economic development through proper utilisation of unique geographical location and prioritised market facilities.In this connection, Bangladesh based Taiwan Trade Centre (TTC) Director Woody Wang made...
Our CorrespondentTANGAIL, July 23: Farmers of the district are losing their interest in the cultivation of jute due to crisis of water for rotting jute.According to the Department of Agriculture Extension (DAE), 18,000 hectares of land were brought under jute...
TOKYO, July 23 (AFP): The dollar strengthened against the yen in Asian trade today as renewed worries about the US economy and banking sector rekindled demand for safe-haven assets, dealers said. The dollar rose to 93.70 yen in Tokyo morning...
OTTAWA, July 23 (Xinhua): Canada plans to dispatch consultants to about 160 of its embassies, consulates and high commissions around the world to test the drinking water there, local media reported yesterday. Drinking water from taps and bottles, and in...
SEOUL, July 23 (AFP): The operator of South Korea's stock market said today it has reached agreement with the Laotian government to jointly set up a stock exchange in the communist state next year. The Korea Exchange said it will...
PHUKET, (Thailand), July 23 (Reuters): North Korea has no friends left to shield it from the international community's demands that the country scrap its nuclear activities, US Secretary of State Hillary Clinton said on Thursday.Clinton said many nations had told...
The leaders of the US and Iraq have vowed that co-operation between the two nations can help bring peace to Iraq, during talks at the White House, reports BBC.US President Barack Obama pledged to keep to a commitment to withdraw...
PHUKET, (Thailand), July 23 (AP): Security forces guarding an Asian security conference on this resort island Thursday destroyed a motorcycle they suspected was loaded with explosives. It was later determined that the bike was not armed, an army official said.The...
A teenage girl whose heart was pushed to the wrong side of her body by a rare spine deformity has been cured by surgery, reports BBC.Koryn McFadden, an 18-year-old nursery nurse from Corby, Northants, had scoliosis, a curvature of the...
US strike may have killed bin Laden's sonWASHINGTON, July 23: One of Osama bin Laden's sons may have been killed by a US missile strike in Pakistan earlier this year, National Public Radio reported Wednesday. Saad bin Laden, the Al-Qaeda...
FE ReportThe Board of Investment (BoI) of Thailand has identified agricultural and light industry sectors such as frozen foods, leather and textile as a key driver of trade and investment between the two countries.The identification was made during a meeting...
Sonali Bank Limited, the largest commercial bank in the country, has launched on-line and SMS banking services initially in 15 branches in the capital to facilitate its customers, said a press release. The bank will extend the on-line and SMS...
Our CorrespondentBRAHMANBARIA, July 23: Load-shedding has alarmingly increased in Brahmanbaria. The people of Brahmanbaria have to suffer severe heat in both day and night. The shopkeepers do not close their shops at 8 P.M. The students are not able to...
FE Report French Ambassador in Bangladesh Charley Causeret along with his wife visited Lafarge Surma Cement plant at Chhatak in Sunamganj Thursday, said a press release. They visited different sites of the operation of the plant including the control room,...
From now on members of Dhaka Club Limited and their families will get corporate benefit in top 40 Indian hospitals.In this connection, a memorandum of understanding (MoU) was signed between Dhaka Club and ICRI Research Bangladesh Limited, representing Institute of...
CHITTAGONG, July 23: Kabir Securities Ltd, a leading member of CSE, has opened its 4th branch at Khatungonj in Chittagong to increase its client range. Nasiruddin Ahmed Chowdhury, president of CSE, was the chief guest while chief executive of the...
Sheikh Shahariar ZamanThe secretaries' committee formed for reviewing the pay-scale has recommended to increase benefits for pensioners, said finance ministry sources.The committee suggested 50 per cent pension hike for the pensioners above 60 years old, and 40 per cent for...
FE Report The GSMA, which represents the interests of the worldwide mobile communications industry, has urged the Bangladesh government to eliminate the SIM card tax. "The growth of the mobile industry in Bangladesh has come to a halt due to...
Prime Bank arranged a get-together in honour of valued clients, patrons and well-wishers of the bank in Chittagong region in the Chittagong Club recently.Prime Bank Chairman Azam J Chowdhury was present on the occasion as the chief guest.The bank's executive...
CHITTAGONG, July 23: Kabir Securities Ltd, a leading member of CSE, has opened its 4th branch at Khatungonj in Chittagong to increase its client range. Nasiruddin Ahmed Chowdhury, president of CSE, was the chief guest while chief executive of the...
Mutual Trust Bank Limited (MTB) organised a day-long workshop on 'Anti-money Laundering and Combating Financing of Terrorism' in Sylhet recently.Twenty participants from the bank's Sylhet region branches took part in the workshop.General Manager of Bangladesh Bank, Sylhet branch, Jahangir Alam...
FE Report Call money rate remained stable Thursday, while the US dollar was unchanged against the local currency in the inter-bank foreign exchange market, treasury officials said. The call rate ranged between 0.10 per cent and 10.00 per cent on...
Mr Syed Moinuddin Ahmed has joined the Green Delta Insurance Company Limited (GDIC) as deputy managing director (DMD) and company secretary, said a press release.Prior to joining the GDIC, Mr Ahmed served the BRAC Bank Limited as head of Small...
FE Report The central bank purchased US$25 million from three private commercial banks (PCBs) Thursday aiming to keep the inter-bank foreign exchange market stable. "We've bought US dollars from the PCBs to enable the banks comply with the net open...
Law Minister Shafique Ahmed said Thursday the trial process of Bangabandhu murder case would start again soon after the formation of bench by the Chief Justice, reports UNB."The Chief Justice can now form bench to begin the trial process of...
Foreign Minister Dr Dipu Moni met US Secretary of State Hillary Clinton Thursday at the 16th Ministerial Meeting of the ASEAN Regional Forum (ARF) in Phuket, Thailand, reports BSS.The one-day meeting has drawn foreign ministers of member states as well...
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