CALIFORNIA CITY, May 22 (AP): A military jet crashed during a training mission over the Mojave Desert, killing the pilot and injuring another crewman who ejected, the Air Force said Friday.Capt Mark P Graziano, 30, was pronounced dead at the...
Economic crisis shapes Mongolia president electionULAN BATOR, May 22: A politically divided Mongolia votes for a new president this weekend after being battered by the economic downturn and worries that a too-close result will renew the rioting that marred an...
ANGON, May 22 (AP): Myanmar's junta alleged Friday that anti-government forces engineered an American's illegal visit to the house of pro-democracy leader Aung San Suu Kyi to embarrass the government and aggravate its relations with the West.Authorities detained John W...
SRINAGAR, May 22 (AFP): Three suspected Muslim militants were killed Friday in a gunbattle with Indian troops near the de facto border dividing Kashmir between India and Pakistan, the military said."The gunbattle erupted early today (Friday) in Tangdhar sector near...
KARACHI, May 21 : Unrelenting selling pressure kept the Karachi stock market in the bearish zone Wednesday, as investors remained concerned over rising economic instability coupled with growing militancy in the country, according to Daily Times.The Karachi Stock Exchange (KSE)...
Soybeans declined for the first time in four days on speculation buying by China, the world's largest importer, may slow after prices climbed to the highest in nearly eight months, reports Bloomberg.Futures dropped as much as 0.5 per cent in...
LONDON, May 21 (Bloomberg): Copper fell for the first time in six days in London on concern the recession in the U.S. may be worse than expected, weighing on demand for industrial metals.The Federal Reserve projected a deeper recession in...
NEW YORK, May 21 (Bloomberg): US stocks retreated, erasing gains in the final hour of trading for a second day, as the Federal Reserve predicted a deeper recession and concern grew that credit-card issuers will be hurt by new lending...
ENERGY PRICE CHANGE %CHANGE GAS OIL FUT (ICE) 478.500 -3.000 -0.62 GASOLINE RBOB FUT 177.700 -3.250 -1.80 HEATING OIL FUTR 151.500 -2.610 -1.69 NATURAL GAS FUTR 3.922 -0.048 -1.21...
FE ReportIndustries Minister Dilip Barua said Thursday shipbuilding could be a potential diversification thrust sector to counter the effects of global financial crisis. "The government will boost shipbuilding and extend all possible facilities and support to the sector players," he...
The licence for IGW and WiMAX will be awarded after reviewing International Long Distance Telecommunication Policy, the telecoms regulator said Thursday, reports bdnews24.com."We are reviewing the policy to open the licence to WiMAX and International Gateway. It will take two...
Shahjalal Islami Bank Limited (SJIBL) Thursday approved 22 per cent stock dividend for the year 2008, subject to the approval of Bangladesh Bank.The SJIBL held its 8th annual general meeting (AGM) on the day at city's Bangladesh-China Friendship Conference Centre....
FE Report The inter-bank call money rate raised its lower edge Thursday with higher demand for cash. The US dollar also gained ground slightly against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to pressure on demand for...
FE Report Prime Bank Limited has signed an agreement with BURO Bangladesh for distribution of remittance through 393 branches of the micro-finance institution. Prime Bank Managing Director M Ehsanul Haque and BURO Bangladesh Executive Director Zakir Hossain signed the agreement...
ICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), announced Net Asset Value (NAV) of two of its unit funds recently, says a press release.The NAV of ICB AMCL Unit Fund stood at Tk...
Phoenix Finance and Investments Limited (PFIL) opened its 7th branch at Imamgonj in the city Thursday, said a press release. Chairman of the company industrialist Deen Mohammad inaugurated the branch as the chief guest.The function was presided over by Managing...
FE ReportJapanese company M/s Maruhisa Pacific Co Limited will set up a knit, woven garments and textile industry at Adamjee Export Processing Zone (EPZ), said a press release.Member (Engineering) of BEPZA M Mahbub Ul Alam and president of M/s Maruhisa...
HONG KONG, May 21 (AFP): Asian stock markets sank Thursday as a forecast downgrade in the outlook for the US economy by the Federal Reserve hit investor hopes for a worldwide rebound.Hong Kong shed 1.58 per cent, Tokyo 0.86 per...
FE ReportDutch-Bangla Bank Limited (DBBL) organised a four-day plastic surgery programme titled "Smile-Brighter for the poor cleft-lipped boys and girls" at Chittagong Maa-Shishu O General Hospital in Agrabad recently, said a press release.A plastic surgery team consisting of 10 members...
Bangladesh Industrial Finance Company Limited (BIFC) has approved 10 per cent cash and 12 per cent stock dividend for the year 2008. The dividends were approved at the 13th AGM of the company held in the city recently. 'The meeting...
FE Report Emirates Group has reported its 21st consecutive year of net profit for its fiscal 2008-09 despite unprecedented challenges for the airline and travel industry, said a press release.The group's net profit of AED 1.49 billion (US$ 406 million)...
HONG KONG, May 21 (AFP): China's Lenovo, the world's fourth largest maker of personal computers, Thursday reported a net loss of US$226.4 million in the 2008-09 fiscal year citing structural changes and weak sales.The company also reported a fourth quarter...
BAGHDAD, May 21 (AFP): Iraq was engulfed Thursday by a wave of violence, with suicide and bomb attacks killing 23 people a day after a massive bomb devastated a Baghdad Shiite neighbourhood slaughtering 40 civilians.The main target of Thursday's attacks...
PRAGUE, May 21 (AFP): China warned the European Union against meddling in its internal affairs Wednesday at a summit in Prague, where the European side had hoped to move on from past tensions over the Dalai Lama.The summit was originally...
KATMANDU, May 21 (AP): Nepal's Maoists have agreed to stop blocking parliamentary proceedings so lawmakers can choose a new government to ease the country's political crisis, the parliament speaker said Thursday.However, lawmakers from the Communist Party of Nepal (Maoist) said...
COLOMBO, May 21 (Reuters): Sri Lanka plans to resettle most of the 280,000 refugees who fled the war with the defeated Tamil Tigers within six months, the government said Thursday after meeting visiting Indian officials.Indian Foreign Secretary Shivshankar Menon and...
YANGON, May 21 (AFP): Myanmar's military junta put the trial of opposition leader Aung San Suu Kyi behind closed doors again Thursday, after allowing diplomats and journalists to attend the hearing for just one day.The regime had unexpectedly opened up...
ISLAMABAD, May 21 (AP): Armed residents confronted a group of Taliban fighters and foiled their attempt to sneak into a town in Pakistan's Swat Valley, the focus of a major military offensive against the insurgency, an official said Thursday.The attempted...
Russia, EU seek to repair tiesKHABAROVSK, Russia, May 21: Russian and EU leaders were to meet Thursday in a Trans-Siberian Railway city deep in Russia's Far East in a bid to set their rocky relationship back on track after a...
Delhi Daredevils 166 for 6 (Sehwag 50, Harbhajan 4-17) beat Mumbai Indians 165 for 8 by four wicketsBarring a late scare by Harbhajan Singh , who took 4 for 17, the Delhi Daredevils go into the semi-final with a confidence...
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