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Obama criticises 'ugly' tactics

2008-10-27 00:00:00

US Democratic presidential candidate Barack Obama has accused his Republican rival John McCain of negative campaigning 10 days before polling day, reports BBC.Mr Obama, appearing in Nevada, said the "ugly phone calls, the misleading mail and TV ads, the careless,...

Two DHL employees killed in Kabul

2008-10-27 00:00:00

An Afghan security guard at a courier company in the capital Kabul has shot dead two foreigners and killed himself, the government says, reports BBC .Two other people were also injured in the incident in front of the DHL office,...

One killed as police clash with Kashmir protesters

2008-10-27 00:00:00

SRINAGAR, Oct 26 (AFP): A student protester was killed and 20 people hurt Sunday when Indian police opened fire to disperse thousands of Muslims demonstrating in revolt-hit Kashmir, police and witnesses said. The protesters, who attacked police with stones and...

Crowds rally against Italy's PM

2008-10-27 00:00:00

A huge rally has been held in the Italian capital, Rome, to protest against the government of prime minister Silvio Berlusconi. Opponents accuse Mr Berlusconi of taking Italy too far to the right, reports BBC.The leader of the centre-left opposition...

news digest

2008-10-27 00:00:00

Quake jolts Pakistan, Afghanistan ISLAMABAD, Oct 26: A moderate earthquake measuring 5.6 on the Richter scale jolted northwest Pakistan Sunday but there were no immediate reports of casualties or damage, an official said. Tremors were felt at 7:29 am (0129...

New election looming for Israel

2008-10-27 00:00:00

Israel appears set for a snap election after the head of the governing Kadima party, Tzipi Livni, said she had given up efforts to form a coalition, reports BBC.She said she had decided to recommend new elections were held after...

'One-stop' embryo test unveiled

2008-10-27 00:00:00

A gene mapping test could tell parents-to-be if embryos are affected by almost any inherited disease, UK scientists have claimed, reports BBC.The team from London's Bridge Centre say the £1,500 test could detect any of the 15,000 inherited diseases in...

Concern for US woman held in Iran

2008-10-27 00:00:00

There is growing concern about the fate of an Iranian-American student who has been detained in Iran, reports BBC.Esha Momeni, who is from Los Angeles, was doing research into the status of women in Iran when she was arrested on...

China economy strong enough to weather global financial crisis

2008-10-27 00:00:00

BEIJING, Oct 26 (AFP): China must not under-estimate the impact of the global financial crisis but its economy is strong enough to weather the storm, the nation's central bank chief said today. "The current adjustment of global economic financial markets...

Vietnamese poor under fresh threat from inflation, financial meltdown

2008-10-27 00:00:00

HANOI, Oct 26 (AFP): Double-digit inflation and shocks from the global financial turmoil threaten to plunge Vietnamese households living on the margins back into dire poverty, the United Nations has warned. Despite Vietnam's economic boom of recent years, many groups...

Investors flock to 'safe haven' yen

2008-10-27 00:00:00

TOKYO, Oct 26 (AFP): After years of gorging on Japanese credit to buy lucrative assets such as Icelandic bonds, Brazilian equities or the Hungarian forint, investors are now rushing back to the safe-haven yen, which is soaring. The stampede out...

Asia eyes key stake in new global financial system

2008-10-27 00:00:00

WASHINGTON, Oct 26 (AFP): Asian leaders will find the first global summit on the current financial turmoil a perfect venue to demand a key stake for the region in any new international financial system, experts say. As Europe and the...

Foreign investors' selling hits record high in S Korea

2008-10-27 00:00:00

SEOUL, Oct 26 (AFP): South Korea, Asia's fourth largest economy, is bearing the brunt of a global financial crunch with net selling of local stocks by foreign investors at a record high this year, data showed Sunday. The financial supervisory...

Australia's budgetary position under threat amid crisis

2008-10-27 00:00:00

SYDNEY, Oct 26 (AFP): Australia's Finance Minister Lindsay Tanner admitted today he was unable to predict whether next year's budget would stay in surplus amid the global financial crisis. Tanner's comments come just two weeks after Prime Minister Kevin Rudd...

Bush urges patience in economic crisis

2008-10-27 00:00:00

WASHINGTON, Oct 26 (AP): Now is not the time for countries to abandon open market policies or make changes that would threaten free enterprise, President Bush said Saturday.Bush used his weekly radio broadcast to address anxiety about the financial meltdown,...

OPEC unlikely to win Russia help in cutting oil output

2008-10-27 00:00:00

VIENNA, Oct 26 (AFP): The Organisation of Petroleum Exporting Countries was unlikely to receive help from Russia, the world's biggest oil exporter, despite the cartel's plea for non- OPEC producers to share the burden of cutting output. Norway, another major...

US existing homes sales rise by largest amount in 5 years

2008-10-27 00:00:00

WASHINGTON, Oct 26 (Xinhua): Existing home sales in the United States rose by 5.5 per cent in September, the biggest increase in more than five years, the National Association of Realtors (NAR) reported yesterday. Existing home sales-including single-family, townhouses, condominiums...

Panchagarh orange likely to meet one-third demand of the country

2008-10-27 00:00:00

Our CorrepondentPANCHAGARH, Oct 26: Orange cultivation brought a revolution in Panchagarh district agriculture. The district may be able to meet the one-third demand of the whole country. Department of Agriculture Extension (DAE) has taken an initiative to encourage cultivation of...

Holcim holds retailers' meet

2008-10-27 00:00:00

Holcim, the leading cement company in the country held a retailers' meet in the city recently, says a press release. Holcim Bangladesh Ltd and Dhaka Builders, the district dealer from Dhaka city, organised the retailers' meet in jointly.About 250 dealers,...

Russian minister says plans drawn for China oil pipeline

2008-10-27 00:00:00

MOSCOW, Oct 26 (AFP): Plans have been drawn up for a pipeline linking Siberian oil fields to China, a Russian minister was quoted as saying today, in a sign of tightening ties between Russia and its energy-hungry neighbour. Russia's state-controlled...

French champagne on ice in Australia as currency dive bites

2008-10-27 00:00:00

MELBOURNE, Oct 26 (AFP): With little to celebrate as a plunge in the Australian dollar sends the price of imports soaring, shoppers Down Under are turning away from luxury goods such as French champagne, retailers say. Businesses also report that...

Wahed new Nilphamari chamber president

2008-10-27 00:00:00

Our Correspondent NILPHAMARI, Oct 26: Md Abdul Wahed has been elected president, Md Imtiaj senior vice president and Azizul Islam vice president of Nilphamari Chamber of Commerce and Industries (NCCI) for the 2008-2010 session. A newly-elected 17-member executive committee of...

Govt borrows Tk 9.0b thru' auctions of treasury bills

2008-10-27 00:00:00

FE ReportThe government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 91-day, 182-day and 364-day bills...

Thrust on adopting Islamic financial system

2008-10-27 00:00:00

FE ReportIslamic financial system and Islamic banking could be followed as model to withstand the economic crisis around the world as dishonesty and disbelief are the main cause of present economic crisis.It was observed at a reception programme organised by...

DBBL opens its 56th branch in Mymensingh

2008-10-27 00:00:00

FE Report Dutch-Bangla Bank Limited (DBBL) opened its 56th branch in Mymensingh district town Sunday with on-line banking facilities from the very beginning. DBBL Managing Director Md Yeasin Ali inaugurated the new branch of the bank. He also opened seven...

Malaysian palm oil imports rise by 75pc in 8 months

2008-10-27 00:00:00

Bangladesh imported 149,717 tonnes of palm oil from Malaysia during first eight months of this year (January to August), which was 75.1 per cent or 64,213 tonnes higher than that of the same period of the last year.The import of...

Low price may discourage Rajshahi potato farmers

2008-10-27 00:00:00

Our CorrespondentRAJSHAHI, Oct 26: Potato cultivation may decrease in future in Rajshahi region as the potato farmers and businessmen are not getting fair price of the produce. According to farmers, they are not getting return of their production cost even...

Training course on procurement opens

2008-10-27 00:00:00

The process of building skilled manpower in areas of procurement is going on through sustained training and other relevant programmes for personnel engaged in procurement in public agencies and bidding community under the Public Procurement Reform Project-II.Secretary (in-charge) of the...

corporatewatch

2008-10-27 00:00:00

DividendsSamorita Hospital: The board of directors of Samorita Hospital has recommended 10 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held at 10am on March 19, '09. The book-closure of...

Call rate lower, dollar steady

2008-10-27 00:00:00

FE Report The inter-bank call money rate fell slightly Sunday despite withdrawal of large amount of cash by the central bank through reverse repurchase agreement (repo) and treasury bills. The US dollar, however, remained steady against Bangladesh taka (BDT) in...