Maswood Alam Khan from Cockeysville, MarylandFORMER US Secretary of State General Colin Powell touched a huge emotional chord with the Americans on Sunday night as he questioned: "Is it something wrong with a seven year old Muslim American kid believing...
BEIJING, Oct 20 (AFP): The worst financial crisis in decades is slowing China's growth, the government said today, as gloomy news from other nations deepened worries about a worldwide recession. Most Asian markets were higher but analysts put much of...
TOKYO, Oct 20 (AFP): Leading stock markets in Asia moved higher early today on the heels of new emergency steps taken by nations around the world to shore up the international banking system and restore investor confidence amid a yawning...
FRANKFURT, Oct 20 (AP): The German cabinet Monday approved terms that banks will have to accept in order to benefit from its euro480 billion ($645 billion) bailout plan - including a salary cap of euro500,000 ($670,200) for top bank managers.Those...
TOKYO, Oct 20 (AFP): Japan's economy is expected to remain stagnant for sometime with a global slowdown weighing on exports, the country's central bank chief said today. Corporate earnings in Asia's largest economy are shrinking and companies are cutting their...
NEW DELHI, Oct 20 (PTI): With leading world economies trying their best to infuse liquidity in their systems in the midst of worsening financial crisis, seven out of 10 fund managers believe the global economy has entered a phase of...
KUALA LUMPUR, Oct 20 (AFP): Malaysia will inject 1.4 billion dollars into the ailing stock market and will cut its growth forecast for 2009 amid a worsening global financial crisis, the finance minister said today. Najib Razak also said the...
SEOUL, Oct 20 (AFP): North Korea held an expanded cabinet meeting today on ways to boost production, state media reported, the latest sign of official concern about the hardline communist state's crumbling economy. Cabinet members, local government officials and managers...
SINGAPORE, Oct 20 (AFP): World oil prices rose in Asian trade today amid growing signs that OPEC will announce production cuts at a special meeting in Vienna this week, dealers said. New York's main contract, light sweet crude for November...
NEW DELHI, Oct 20 (PTI): Carmakers in India could be struggling to keep sales at home in high growth trajectory, but they are taking heart from the fact that exports are soaring to say the least. During first six months...
The 27th annual general meeting (AGM) of Rahim Textile Mills Limited was held in the city recently, says a press release. Chairman of the company and Managing Director of Malek Spinning Mills Ltd A Matin Chowdhury presided over the meeting....
TOKYO, Oct 20 (AFP): The yen fell back in Asian trade today as plans for a summit on the global financial crisis helped to reassure skittish investors, dealers said. The dollar rose to 102.01 yen in Tokyo afternoon trade from...
SINGAPORE, Oct 20 (AFP): A record 20.2 million personal computers were sold in the Asia-Pacific region outside Japan in the third quarter, but global market turmoil could hurt demand, industry monitor IDC said Monday.The third quarter sales represented a 12...
FE ReportFive companies from Bangladesh are participating in the 3rd largest IT fair of the world -- Gulf Information Technology Exhibition (GITEX) popularly know as GITEX Technology Week. Prime Minister, Vice President and Ruler of Dubai Sheikh Mohammad bin Rashid...
FE ReportThe fifth meeting of Primary Dealers Bangladesh Limited was held at Prime Bank head office in the city Monday. Primary Dealers Chairman and Sonali Bank Ltd CEO SA Chowdhury presided over the meeting. Prime Bank Managing Director M Ehsanul...
FE Report The inter-bank call money rate maintained steady level Monday mainly due to comfortable liquidity in the market. The US dollar also remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market with steady supply of the...
Our CorrespondentCHITTAGONG, Oct 20: Importers stopped importing fishes for an indefinite period from Myanmar through Teknaf landport since mid-September protesting imposition of excess duty on imported fish, sources said.In this connection, fish importers association submitted a written application to the...
The Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh has joined hands with Blind Education and Rehabilitation Development Organisation (BERDO) to provide scholarships to a number of visually impaired persons, says a press release.BERDO has been operating in the...
Our CorrespondentCHITTAGONG, Oct 20: Speakers, at a meeting on development of greater Chittagong, underscored the need for forming a coordination cell for ensuring effective development of the region.The members of Chittagong Chamber of Commerce and Industry (CCCI) were sharing opinion...
From now on the Southeast Bank Limited (SEBL) will transfer money remitted by the expatriate Bangladeshis to their relatives in any destination in Bangladesh through the network of Bangladesh Post Office (BPO) quickly.In this connection, a remittance distribution agreement was...
FE ReportThe managing director of BASIC Bank Ltd has stressed the need for taking effective measures to reduce the non-performing loan (NPL) amount below three per cent and ensure regularisation of special mention account (SMA) so that no amount falls...
Beximco Pharmaceuticals Ltd (BPL), the leading edge pharmaceutical manufacturer and exporter of Bangladesh celebrated its age-long partnership with the leading cardiac practitioners through a scientific seminar held in the city.A total of 2000 physicians attended the seminar, a company statement...
Demat trading of Janata Ins opens on Nov 6As per decision of the Securities and Exchange Commission (SEC), the trading of the shares of Janata Insurance will be held through CDBL with effect from November 6, '08. In this respect,...
WASHINGTON, Oct 20 (AP): With little relief in sight, people are getting more anxious about the slumping economy and how it affects them.The share of people who believe the country is moving in the right direction has plunged in just...
SEOUL, Oct 20 (AP): There was no unusual activity in North Korea Monday, South Korean officials said, despite reports that Pyongyang was poised to make an announcement amid speculation about the health of its leader, Kim Jong Il.The autocratic North...
SYDNEY, Oct 20 (AFP): Australian fathers spend only six minutes alone with their children on weekdays, according to new research which found that dads Down Under leave most child-raising chores to their female partners. In a study which also looked...
MBABANE, Oct 20 (AFP): Zimbabwe opposition leader Morgan Tsvangirai boycotted regional talks Monday aimed at salvaging a troubled power-sharing deal after emergency travel documents were only delivered at the last minute.Tsvangirai had been due to meet in Swaziland's capital Mbabane...
KABUL, Oct 20 (AP): Taleban gunmen on a motorbike killed a Christian aid worker in the Afghan capital Monday, and the militant group said it had targeted the woman because she was proselytizing.The woman, a British national, worked with handicapped...
COLOMBO, Oct 20 (AFP): At least 33 Sri Lankan government soldiers and 11 Tamil Tiger rebels have been killed in the latest heavy fighting in the north of the island, the defence ministry said Monday.Government forces also suffered at least...
NEW DELHI, Oct 20 (AFP): Russia and India were Monday laying the groundwork for the signing of a civil nuclear energy deal, following New Delhi's signing of similar pacts with Washington and Paris, officials said. Russian Foreign Minister Sergei Lavrov...
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