M.C. Govardhana Rangan of BloombergHOUSEWIFE Sumathi Govindaraj has had an account at ICICI Bank Ltd., India's second-biggest lender, for four years. Lately she transferred her life savings of more than 200,000 rupees ($4,100) to state-run Indian Bank after- hearing rumors...
LONDON/SINGAPORE, Oct 15 (Reuters): European leaders will press Wednesday for an overhaul of the world's financial structures after Asia joined western bastions of capitalism in bailing out banks to avert a financial meltdown.EU leaders meet in Brussels just days after...
NEW YORK, Oct 15 (AFP): The United States has slipped into recession, the head of the San Francisco branch of the Federal Reserve, the nation's central bank, said yesterday. "The recent flow of economic data suggests that the economy was...
LONDON, Oct 15 (PTI): World Trade Organisation (WTO) yesterday said it has set up a special 'task force' to study the impact of financial crisis on its different areas of work and asked member nations to be ready for 'necessary'...
NEW DELHI, Oct 15 (AFP): Leaders from emerging economic powers India, South Africa and Brazil were meeting here today for an annual summit set to be dominated by the global financial crisis, food and fuel prices. Indian Prime Minister Manmohan...
TOKYO, Oct 15 (AP): Japan's current account surplus in August shrank 52.5 per cent from a year earlier as the country's spending on oil imports soared, the finance ministry said Wednesday.The surplus in the current account, the broadest measure of...
SINGAPORE, Oct 15 (AFP): Oil prices fell further below 80 dollars in Asian trade today (Wednesday) amid uncertainty over the future of the global economy, despite an international effort to rescue ailing banks, dealers said. In the afternoon trade, New...
TOKYO, Oct 15 (AFP): The yen rose in Asia today as players refrained from risky bets after a global stock market rally lost steam amid concerns about the economic impact of the credit crunch. The dollar slipped to 101.42 yen...
Our CorrespondentGAIBANDHA, Oct 15: A month-long training course on sweater knitting and linking machine operating (SKLMO) for the trainees of the 12th batch ended at the youth training centre (YTC) here recently.The aim of the course was to create skilled...
Our CorrespondentCHITTAGONG, Oct 15: A 4-day long Vehicles Fair organised by Baratakia Enterprise began at Chittagong Outer Stadium today.While inaugurating the fair Lutfunnahar, director of the organisation, said that by participating in the fair the small entrepreneurs would be able...
Colombo, Oct 15 (PTI): In an eco-friendly measure against the environmental hazard caused by polythene wrappers, the Sri Lanka government has evolved a technique to prepare food wrappers from banana leaves. The Sri Lankan Agriculture Ministry has claimed that it...
Jasim Uddin Haroon Banglalink, country's second largest mobile phone operator, will not go public within the next two years as the company is not financially sound enough to float initial public offering (IPO), company sources told the FE Wednesday. The...
FE Report The inter-bank call money rate posted slight rise Wednesday, as liquidity felt some pressure with withdrawal of cash through bills. US dollar, however, maintained a stable nerve against Bangladesh taka (BDT) in the inter-bank foreign exchange market because...
FE ReportPubali Bank Limited Managing Director (MD) Helal Ahmed Chowdhury has urged the bank managers to increase deposit, advance and export-import business for achieving the target fixed for the year 2008 through better customers service. The Pubali Bank MD made...
FE ReportLottery for share allotment of Northern General Insurance Company Limited will be held on October 20 at 10:00 am at the Bangladesh China Friendship Conference Center in the city.The lottery result will be posted on www.ngicl.com, www.primefinance.net and www.dsebd.org.The...
FE ReportMutual Trust Bank Limited (MTBL) organised a day-long training course on 'SME and Consumer Banking' at its Training Institute in the city recently, said a press release. MTBL Managing Director Kazi Md Shafiqur Rahman inaugurated the session as chief...
Bangladesh Shilpa Rin Sangstha (BSRS) has announced net asset value (NAV) of its First BSRS Mutual Fund on the basis of provisional accounts as per the Securities and Exchange Commission (Mutual Fund) Rules 2001.NAV of each certificate of Tk 100.00...
FE ReportDhaka Stock Exchange (DSE) sees investors' awareness as a cornerstone of the growing securities market in the country."We feel that awareness is a very important segment of the growing stock market operation and that's why we always ask the...
EXIM Bank Training Institute organised training programmes for its officials in the city recently, says a press release. Managing Director of the bank Kazi Masihur Rahman handed over the prizes as the chief guest among the trainees who stood first,...
Our CorrespondentBHOLA, Oct 15: Despite huge harvests of hilsa fish, its preservation is being seriously hampered because of insufficient ice. According to sources, there are about 25 ice factories in Bhola but due to recurrent load shedding or low voltage,...
HONG KONG, Oct 15 (AP): Most Asian stock markets declined Wednesday after a two-day rally, tracking Wall Street lower amid concerns that worldwide efforts to revive the financial system won't be enough to stave off a global recession.Hong Kong's Hang...
Bank Asia EGM on Nov 22The board of directors of Bank Asia Limited has decided to hold fifth extraordinary general meeting (EGM) of the bank at City Grand Hall, Basement-1 & 2, Bashundhara City, 13/Ka/1, Panthapath, in the city at...
PHNOM PENH, (Cambodia), Oct 15 (CNN): Thai and Cambodian soldiers clashed Wednesday in a disputed border region where the two countries lay claim to an ancient temple, the Thai military told CNN.Thai soldiers set-up artillery guns on the Thai-Cambodian border...
BEIJING, Oct !5 (AFP): Pakistani President Asif Ali Zardari met with his Chinese counterpart Hu Jintao Wednesday as he looks to Islamabad's loyal ally for crucial financial and nuclear energy investments. Zardari, who landed in Beijing for his first state...
HEMPSTEAD, (New York), Oct 15 (Reuters): Republican John McCain and Democrat Barack Obama face off in their final debate Wednesday, with McCain hoping a strong performance can begin to turn around a White House race that could be slipping away.Three...
KHAR, (Pakistan), Oct 15 (AFP): Pakistani troops pounded militant hideouts in a tribal region near the Afghan border Wednesday, killing at least 10 rebels with links to Al-Qaeda and the Taliban, officials said. The attacks took place in the Bajaur...
COLOMBO, Oct 15 (AFP): Heavy fighting broke out across Sri Lanka's northern area of Kilinochchi, leaving 37 Tamil Tiger rebels and six soldiers dead, the defence ministry said Wednesday. It said 34 rebels and 25 soldiers were also wounded in...
Canadian Prime Minister Stephen Harper will return to office with more seats in Parliament, though still not a majority, after winning yesterday's election just as the financial crisis spreads north from the U.S, reports Bloomberg.Harper's Conservative Party won 143 districts,...
The Syrian and Lebanese foreign ministers have signed a joint document formalising diplomatic ties between the two countries, Syrian state media reported, according to Internet.The signing Wednesday comes a day after Bashar al-Assad, the Syrian president, issued a decree which...
Indian Tamil MPs pressure govt over Sri Lanka 'atrocities' CHENNAI, (India), Oct 15: A group of MPs from southern India have threatened to quit unless the government intervenes to halt "atrocities" against fellow Tamils in Sri Lanka. The 38 deputies...
© 2026 - All Rights with The Financial Express
