TEHRAN, July 10 (AFP): Iran said Tuesday that a man convicted of adultery had been stoned to death in a village in northwestern Iran, the first time it has confirmed such an execution in five years. "This case has been...
BUENOS AIRES, July 10 (AFP): President Nestor Kirchner stands by his economy minister, his spokesman said Monday, as opposition lawmakers filed charges against Felisa Miceli over 64,000 dollars found in her office bathroom. Esteban Bullrich, of the rightist Republican Proposal...
US Army falls short of recruiting goal again WASHINGTON, July 10 (AFP): The US Army fell short of its recruiting goal in June for the second straight month, raising concerns over the impact of an increasingly unpopular war in Iraq,...
MANILA, July 10 (Xinhua): Asian countries have sustained robust economic growth in the first half this year, with many countries' growth rates climbing higher than forecast. China and India retained the role of locomotive of Asian economy in the first...
BEIJING, July 10 (AP): China's politically volatile trade surplus soared to a new monthly high in June, the government said Tuesday, showing that demand for Chinese goods remains strong despite concerns about their safety.The surge came despite a series of...
ISTANBUL, July 10 (AFP): Representatives from the world's least developed countries and UN experts drew a bleak picture of the impact of globalisation on poor communities at the start of a two-day conference here yesterday. "Paradoxically, as some countries get...
KATHMANDU, July 10 (Xinhua): Nepal's current fiscal year 2006-07 is ending in mid-July on a pessimistic note, The Kathmandu Post reported today. According to the daily, almost all the vital sectors of economy are indicating that much-needed economic revival is...
SINGAPORE, July 10 (AFP): Malaysian financial executive Ron Tan wasted no time in renewing his lease for a three-bedroom apartment in Singapore when his landlord decided to raise the monthly rent by 300 Singapore dollars. "I see no point in...
BRUSSELS, July 10 (AP): The European Union chose Tuesday France's Dominique Strauss-Kahn to head the International Monetary Fund (IMF).Portugal, which leads talks between all 27 EU nations, said Europe would support Strauss-Kahn, a former French finance minister, after Spain's Rodrigo...
SINGAPORE, July 10 (AFP): Singapore's economy picked up sharply in the second quarter, beating forecasts with a blistering 8.2 per cent gain after an already strong 6.4 per cent expansion in the three months to March, official figures showed today....
FE ReportRecently banglalink signed a corporate agreement with Democracywatch to provide it with banglalink's 'enterprise' package.Under the deal, Democracywatch, one of the oldest NGOs in the local government sector, will enjoy special tariff plan and value added services from banglalink....
MANILA, July 10 (AFP): Philippine exports picked up pace in May, rising 6.1 per cent from a year earlier to 4.12 billion dollars in May as demand for electronics increased, the government said today. The national statistics office said May...
SEOUL, July 10 (AFP): The European Union has called for the complete elimination of tariffs in its proposal to South Korea before a second round of free trade negotiations, officials said today. South Korea offered to scrap all tariffs on...
BRUSSELS, July 10 (AFP): French President Nicolas Sarkozy sought yesterday to reassure Eurozone finance ministers about his budget plans with promises to shake up the French economy, but received a cautious reception. True to his image as a whirlwind of...
YANGON, July 10 (Xinhua): The PTT Exploration and Production (PTTEP) Public Co Ltd of Thailand has found commercial gas deposit at one more test well at Block M-9 in Myanmar's Mottama offshore area, the official newspaper New Light of Myanmar...
BEIJING, July 10 (CEIS): Syria would welcome more Chinese investment in energy, electricity, infrastructure and tourism, visiting Syrian Deputy Premier for Economic Affairs Abdullah al-Dardari said here yesterday. "Syria can offer Chinese companies a lot of investment opportunities because the...
KATHMANDU, July 10 (Xinhua): Nepal Telecom (NT) has embarked on its biggest project yet to increase its capacity by 3.5 million mobile phone lines within the next three years, The Kathmandu Post reported today. Managing Director of the NT Sugat...
BEIJING, July 10 (CEIS): Non-banking financial organisations engaged in insurance, trust, financial or insurance assets management, financial leasing and auto financing have been allowed for the first time to borrow and lend money on China's interbank market as of August...
TEHRAN, July 10 (AFP): Iranian President Mahmoud Ahmadinejad said yesterday that any sales of petrol outside a rationing plan would fuel already-rampant inflation, state news agency IRNA reported. "To specify a 'free' price for petrol under the current conditions is...
KUALA LUMPUR, July 10 (Xinhua): Malaysia is to become a hub for oil trading, futures and securitization involving Islamic oil-structured financial derivatives in East Asia after a seven-billion US dollars Trans-Peninsular Oil Pipeline (TranPen) project kicks off, local media reported...
BEIJING, July 10 (Xinhua): China's currency, the yuan, hit a new high against the US dollar today, according to the Chinese Foreign Exchange Trading System. The value of the yuan went up 240 basis points from Monday's 7.6085 against the...
SINGAPORE, July 10 (AFP): Oil prices were easier in Asian trade today after rising sharply overnight following a warning of a looming supply crunch from the IEA, dealers said. They said the market was also waiting for the US government's...
FE ReportUnited Airways (BD) Limited, the country's second private sector airlines, eyes Tk 20 billion in market share over the next five years.The Airways starts its commercial operation today (Wednesday) on Dhaka-Sylhet and Dhaka-Chittagong route.The airlines started its debut flights...
Grameenphone (GP) has embarked upon a CSR (corporate social responsibility) partnership with Sightsavers International to provide free eye-care services among the poorest population across the country, reports UNB.To this effect, Grameenphone and Sightsaver International signed a partnership agreement at a...
FE ReportWarid Telecom International Limited in Bangladesh has launched international roaming services with 60 operators across 30 countries.From now on subscribers could roam with Warid network and stay connected with their near and dear ones while visiting 30 countries switching...
FE ReportBRAC Bank Limited recently launched 'Sammriddhi', a loan scheme for the country's light engineering sector, with the support of SEDF-IFC. BRAC Bank Head of Corporate Banking Khwaja Shahriar launched the scheme at a press conference, arranged by BRAC Bank...
Our CorrespondentCHITTAGONG, Jul 10: Although the Chittagong WASA collected a record amount of revenue-about Tk 420 million in fiscal 2006-2007-it had failed to enhance its water drilling capacity in the previous years.The revenue earnings made in the last fiscal was...
FE ReportA money-transfer agreement was signed between IFIC Bank Ltd and Seylan Bank Ltd, Sri Lanka in the city recently, said a press release..Senior Executive Vice-president (SEVP) and Head of Treasury and International Banking of IFIC Bank Ltd Mosharraf Hossain...
CAIRO, July 10 (AFP): Egypt agreed yesterday to offer 80 per cent of the country's third largest public sector bank, Banque du Caire, to a strategic investor, a cabinet spokesman told the news agency. "Today the central bank agreed to...
The Dhaka Stock Exchange (DSE) Monday asked the merchant bankers to extend loans cautiously to their clients so that the market remained unaffected, reports bdnews24.com.The appeal was aimed especially at banks and non-bank financial institutions (NBFIs) that held merchant banking...
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