NEW DELHI, Dec 14 (AFP): Nobody in India is using the word "decoupling" any more to suggest Asia's third-largest economy can dodge the impact of the widening recession engulfing the West. The clearest sign that the financial turmoil is hitting...
SIOUX FALLS, SD, Dec 14 (AP): Credit card companies could no longer boost interest rates on existing account balances if the Federal Reserve adopts new rules as written at a meeting set for Thursday.But as proposed, the changes also could...
OTTAWA, Dec 14 (Xinhua): Canada has decided to offer 3.3 billion Canadian dollars (2.6 billion US dollars) to bailout its ailing auto sector on conditions that a similar package is approved in the United States, reports said yesterday. Canada's federal...
FE ReportBashundhara LP Gas Limited signed an agreement with Grameenphone Limited in the city recently, said a press release. Bashundhara Group Deputy Managing Director Md Mustafizur Rahman and GP Deputy General Manager and acting head of Distribution (Sales) Md Baqui...
BRUSSELS, Dec 14 (Xinhua): The European Union (EU) expressed regret late Friday at lack of progress in the Doha round of global trade talks after World Trade Organisation (WTO) chief Pascal Lamy decided not to convene a ministerial meeting by...
LONDON, Dec 14 (AFP): OPEC, the cartel pumping 40 per cent of world oil, is this week set to announce plans to slash output in the hope of lifting crude prices weighed down by a recession-fuelled slide in energy demand....
TOKYO, Dec 14 (AFP): Toyota Motor Corp. will postpone large capital investments and eliminate executive bonuses due to the worldwide slump in auto sales and the yen's continued appreciation, Japanese media reported today. The moves by Japan's top automaker come...
Our CorrespondentGOPALGONJ, Dec 14: The experimental cultivation of Kalizira rice in Gopalganj Sadar Upazila of the district sees a bumper production this season.At least 20 bighas of high land was brought under Kalizira cultivation at Char Sonakair under Gopalganj Sadar...
BRUSSELS, Dec. 14 (Xinhua): Total hourly labor costs in the euro zone rose by four per cent in nominal terms in the year up to the third quarter of this year, the European Union (EU)'s statistics bureau Eurostat has said....
SYDNEY, Dec 14 (AFP): Australia will bring forward millions of dollars in funding for solar and other renewable energy sources, in part to help boost the economy, Prime Minister Kevin Rudd said today. Rudd said the government's 500 million dollar...
Md Shadat Hossain has been appointed general manager of Janata Bank Limited recently, says a press release. After obtaining his post-graduation degree in agricultural economics from Bangladesh Agricultural University, Mymensingh, he joined the Bank as senior officer in 1977. During...
FE ReportTwo listed state-owned enterprises (SOEs) have recently offloaded 49 per cent shares in the stock market as announced earlier. With the latest offloading, the total share capital of the Zeal Bangla Sugar Mills Limited stood at 80.33 per cent...
FE Report Dutch-Bangla Bank Limited (DBBL) opened its 63rd branch at Jessore Sunday with on-line banking facilities for the clients from the very beginning, said a press release. Managing Director of the bank Md Yeasin Ali inaugurated the new branch....
FE Report The inter-bank call money rate remained steady at previous high Sunday with injection of fresh cash through repurchase agreement (repo). The market continued facing liquidity constraints due to withdrawal of cash through treasury bills and reverse repo auctions....
FE ReportIslami Bank Bangladesh Limited (IBBL) organised two business review meetings of Comilla, Sylhet, Barisal and Khulna zones of the bank in Comilla and Barisal recently, said a press release.The business review meeting of Comilla and Sylhet Zones with 18...
FE ReportThe government borrowed Tk 5.0 billion (500 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 5.0 billion from the market in the week.The central bank conducted auctions of 91-day and 364-day bills on...
FE Report The 137th board meeting of Standard Bank Limited (SBL) was held at its head office in the city recently, said a press release. SBL Board of Directors Chairman Kazi Akramuddin Ahmed presided over the meeting. Also present at...
Our CorrespondentCHITTAGONG, Dec 14: Kuwait Petroleum Corporation (KPC) has stopped supplying fuel oil to Bangladesh as they are unwilling to accept Letter of Credit (LC) from any Bangladeshi bank.KPC has halted the supply of 1,20,000 metric tonnes of diesel, jet...
Persian Gulf shares declined Sunday, led by Al-Rajhi Bank and Emirates NBD PJSC on speculation fourth-quarter earnings at banks will be affected by the global financial crisis. Qatari stocks advanced for a fifth day, reports Bloomberg.Al-Rajhi Bank, the largest bank...
DUBAI, Dec 14: Dubai property prices rebounded in November but may be approaching a "tipping point" as the number of homes advertised for sale surged, according to the latest research by HSBC Holdings, according to Internet.The bank said this week...
LONDON, Dec 14 (Bloomberg): European stocks rose last week, led by construction companies and commodity producers, on speculation a US stimulus plan will prevent a prolonged recession in the world's largest economy.Lafarge SA, the biggest cement maker, and Holcim Limited...
BEIJING, Dec 14 (AFP): Deutsche Boerse, the operator of the German stock exchange, has opened a representative office in Beijing, the latest bourse to do so in a bid to attact Chinese initial public offerings.Deutsche Boerse inaugurated the office in...
BSRM Steels IPO lottery todayThe IPO lottery programme of BSRM Steels Limited will be conducted at The King of Chittagong, Panchlaish, Chittagong at 10:30am today (Monday).Dividends Sonali Aansh: The board of directors of Sonali Aansh has recommended 10 per cent...
Hosts Chittagong Division took command as they dismissed Barisal Division on day one of the 9th round four-day match of the Ispahani Mirzapore Tea 10th National Cricket League that resumed Sunday at the Bir Shreshtho Shaheed Ruhul Amin Stadium in...
CHENNAI, Dec 14 (Cricinfo): For four days this Test has bubbled up and it finally burst into life on the fourth evening as Virender Sehwag pummelled an exhilarating 83, giving India an audacious start to chasing a daunting 387 for...
DUNEDIN, Dec 14 (Cricinfo): Jerome Taylor was the unlikely hero with the bat as his frenetic century at No. 8 altered the course of the match and upset New Zealand's plans after they held the edge in the morning. Taylor...
TOYOTA, Dec 14 (AFP): Asian champions Gamba Osaka beat back a strong challenge from Adelaide United of Australia on Sunday to win 1-0 in their quarter-final of the Club World Cup. Yasuhito Endo, the most valuable player of the AFC...
Stuart Clark's summer could be over after he was ruled out of Wednesday's first Test against South Africa in Perth due to the recurrence of an injury to his right elbow. Clark will fly home to Sydney and have the...
The Citycell 2nd B League will resume Thursday (December 18) at three venues across the country after a 12-day break, reports UNB.Chittagong Abahani will take on Arambagh KS at the Chittagong Stadium, Khulna Abahani face Dhaka Mohammedan SC at the...
KARACHI, Dec 14 (Reuters): Mohammad Asif wants the hearing for his doping offence to be held outside India because of its strained relations with Pakistan in the aftermath of the recent attacks in Mumbai by extremists."We are considering asking for...
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