KABUL, Nov 15 (AP): A strike by coalition troops against a bomb-making cell in eastern Afghanistan killed 10 militants, the US military said Saturday.The troops were targeting several key figures in a network run by Jalaluddin Haqqani, a militant leader...
Israeli, Palestinian leaders tomeet tomorrow JERUSALEM, Nov 15: Outgoing Israeli Prime Minister Ehud Olmert will meet Palestinian president Mahmud Abbas Monday to discuss tensions in the Gaza Strip and the sluggish peace talks, officials said Saturday. Senior Palestinian negotiator Saeb...
BAGHDAD, Nov 15 (AP): A senior aide to Prime Minister Nouri al-Maliki says Iraq and the United States (US) are now in agreement over a final draft of a security pact. The pact would allow American troops to stay in...
WASHINGTON, Nov 15 (AFP): Prime Minister Taro Aso has brushed aside concern about a revival of Japan's nationalism after he fired the nation's air force commander over his view of its militarist past, a daily said Saturday. "While I believe...
COLOMBO, Nov 15 (AFP): Sri Lankan security forces Saturday captured the strategically important northern town of Pooneryn from Tamil Tiger rebels after months of heavy fighting, the defence ministry said. "Troops of army Task Force One have entered LTTE (Liberation...
WASHINGTON, Nov 15 (AFP): The International Monetary Fund (IMF) and the Financial Stability Forum (FSF) said yesterday they will forge an early-warning system for the financial system as world leaders gathered in Washington for a crisis summit. The FSF is...
NEW DELHI, Nov 15 (PTI): The World Economic Forum (WEF) which said India remains "vulnerable" to the global financial crisis will be holding a brainstorm here beginning Sunday among political leaders, captains of the industry and policy-makers here immediately after...
WASHINGTON, Nov 15 (AFP): Japan, China and South Korea agreed yesterday to play "a pivotal role" in stabilising Asia's economy in a joint effort to fend off the impact of the global financial crisis. Japanese Finance Minister Shoichi Nakagawa and...
WASHINGTON, Nov 15 (AFP): Indonesian President Susilo Bambang Yudhoyono called yesterday for the establishment of a special fund to help developing nations reeling from global financial turmoil. A "global expenditure support fund" will help emerging countries, especially those in Asia,...
WASHINGTON, Nov 15 (AP): The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government has started to pay out to rescue the financial system.The Treasury Department said last...
DOHA, Nov 15 (PTI): Prime Minister Manmohan Singh asked rich Gulf nations to invest their surplus funds in India's infrastructure sector, saying that would help the subcontinent nation soon return to nine per cent growth levels. "The present international economic...
CARACAS, Nov 15 (Reuters): Venezuela's President Hugo Chavez said an emergency economy meeting of world leaders in Washington was a "waste of time" that excluded the poor and was hosted by people responsible for the global financial meltdown.Socialist Chavez is...
LONDON, Nov 15 (AFP): The chairman of beleaguered British bank HBOS warned yesterday that it might have to be nationalised if shareholders reject a takeover by its rival Lloyds TSB. Dennis Stevenson said the bank could be left needing to...
CHICAGO, Nov 15 (AFP): US president-elect Barack Obama today urged Congress to take urgent steps to alleviate the pain of an economic crisis on millions of working Americans, describing the current US economic situation as a "recession." Delivering a weekly...
RABAT, Nov 15 (Xinhua): The Moroccan government will inject 28.9 billion dirhams (3.3 billion US dollars) under the 2009 financial act to boost the purchasing power of the country's population, the official MAP news agency reported yesterday. The measure is...
LONDON, Nov 15 (AFP): Oil prices sank this week to three-and-a-half-year lows close to 50 dollars a barrel, prompting the OPEC exporters' cartel to call an emergency meeting to discuss a mooted output cut. Commodity markets took a heavy knock...
NEW DELHI, Nov 15 (PTI): India and Nepal Thursday reviewed the progress of a power project under which New Delhi would provide its Himalayan neighbour 60 Mega Watt(M.W.) of power, beginning from December 1. Initially, India would supply 20 M.W....
MANILA, Nov 15 (AFP): Iraq is asking the Philippines to lift a ban on the deployment of Filipino workers there because it needs as many as 10 million foreign workers for infrastructure projects, a diplomat said today. "We have a...
SAO PAULO, Nov 14 (AFP): Brazil is to host an International Conference on Biofuels next week that will see the South American nation promoting its massive ethanol output-even as falling oil prices threaten exports. The week-long meeting in Sao Paulo...
COLOMBO, Nov 15 (AFP): Sri Lanka, a key exporter of tea, has appealed to "friendly countries" to buy more of the brew to help the island weather the global financial crisis, officials said today. Foreign Minister Rohitha Bogollagama and senior...
MUMBAI, Nov 15 (PTI): The Indian rupee yesterday gained 29 paise to close at 49.01/02 against the greenback, after losing nearly 200 paise in the past two days . Dealers in forex exchange said the domestic currency in sync with...
TEHRAN, Nov 15 (AFP): Iran, number two oil producer in OPEC, would support a decision to cut production by the cartel at an extraordinary meeting set for Cairo later this month, the Mehr news agency reported today. "OPEC members have...
FE Report A large number of expatriate Bangladeshis still prefer to remit home their money through informal channels as they face tremendous problem sending their earnings through formal channels, said discussants at a seminar on Saturday."Around 46 per cent of...
ETBL Securities and Exchange Ltd, an affiliate of ETBL Holdings Ltd, opened its second branch at 13, Dilkusha in the city Saturday to facilitate its growing customers in the Motijheel business district, says a press release. ETBL, a member of...
ACI Formulations Limited, a subsidiary of ACI Limited, has received the approval of direct listing of its shares from both Dhaka Stock Exchange (DSE) and Securities and Exchange Commission (SEC), says a press release. The trading of the shares in...
Dutch-Bangla Bank Limited (DBBL) organised a day-long workshop on "Marking to Market-based revaluation of Government Securities" for its concerned officials from the different divisions of the bank, says a press release. Managing Director of the bank Md Yeasin Ali inaugurated...
Our Correspondent KHULNA, Nov 15: The production of state run Hardboard Mill of Khulna on the verge of closure due to crisis of furnace oil. As a result, the mill faces severe losses. In this situation, frustration has been prevailing...
Bangladesh Bank has appointed Hafiz GA Siddiqi, vice chancellor of North South University (NSU), as director of BRAC Bank Limited from the 'depositors' category' recently, says a press release.Before joining NSU in 1993, Siddiqi had taught at Ohio State University...
Sarwar Zahan US dollar gained against Bangladesh taka (BDT) in the inter-bank foreign exchange market despite lower demand for the greenback last week due to supply constraints, fund managers said. The market faced a buying pressure from the banks that...
The winners of Citi Microentrepreneurship Awards 2008 in the category of - 'Best Innovative Micro Business of the Year', 'Best Woman Microentrepreneur of the Year', 'Best Microentrepreneur of the Year' and 'Best Microfinance Institution (MFI) of the Year' will be...
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