TAIPEI, Sept 7 (AFP) Taiwan plans to take more steps to prop up a sluggish economy that has shaken the public's faith in the new government more than three months after it took office, officials said today. brTop government officials,...
DUBAI, Sept 8 (PTI) Pushing aside China to the second place, India has topped the list of Dubai's main trading partners during the first half of 2008. brThe bilateral trade volume of imports between India and Dubai has grown by...
SYDNEY, Sept 8 (AFP) Australia's inflation rate is uncomfortably high but will fall in 2009 as the economy slows amid lower oil prices and a modest slowdown in China, the nation's central banker said today. brReserve Bank of Australia (RBA)...
NEW DELHI, Sept 8 (PTI) After clinching a deal with Association of Southeast Asian Nations (ASEAN) on a free trade agreement, negotiations will resume this week for a market-opening pact between India and EU, ahead of Prime Minister Manmohan Singh...
SINGAPORE, Sept 8 (AFP) World oil prices rebounded sharply in Asian trade today on worries Hurricane Ike will threaten production facilities in the oil-rich US Gulf Coast, analysts said. brIn Asian morning trade, New York's main contract, light sweet crude...
A Correspondent brFARIDPUR, Sept 8 The construction works of 1686 mitres protection embankment of the Padma river bank in Faridpur Sadar Upazila and 9-kilometre flood protection dam to protect Faridpur town under the Faridpur Town Protection Project are going to...
TOKYO, Sept 8 (AFP) The dollar gained against the yen in Asian trade today after US authorities bailed out two mortgage finance giants, easing investor worries over the future of global markets, dealers said. brThe dollar firmed to 108.74 yen...
VIENNA, Sept 8 (AFP) OPEC ministers headed for Vienna today (Monday) to wrestle with the issue of falling oil prices, with analysts expecting them to agree to trim output to help keep crude above 100 dollars a barrel. brThe question...
CHANGCHUN, Sept. 8 (Xinhua) Concern over surging oil prices could mean the restructuring and upgrading of China's industries, according to a United Nations Conference on Trade and Development (UNCTAD) official here Friday. brCommodity price hikes have severely affected the Chinese...
SYDNEY, Sept 8 (AFP) Oil giant ConocoPhillips will pay up to 9.6 billion dollars (eight billion US) for a half share in a natural gas project owned by Origin Energy in Australia, the companies said today. brOrigin told Australia's stock...
Kayes M SohelbrA total of 33,815 false applications have been detected against the recently concluded lotteries of the three initial public offerings (IPOs) - ICB AMCL Second NRB Mutual Fund, Grameen One Scheme Two and First Security Bank Limited, sources...
BEIJING, Sept 8 (AP) Coca-Cola Company will have to submit its bid to buy a Chinese juice producer for review under China's new anti-monopoly law, state television reported, setting up the first major test of the legislation.brCoca-Cola's $2.5 billion offer...
Ms. Hun Hsin Textile Co. (BD) Limited, a Taiwan-based company, will set up a textile yarn manufacturing industry at the Comilla Export Processing Zone (EPZ).brThe 100 per cent foreign owned company will invest about Tk 500 million in setting up...
FE ReportbrICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh, announced Net Asset Value (NAV) of two of its unit funds.brThe Total NAV of ICB AMCL Unit Fund stood at Tk 69,44,14,942.08 on the basis...
Our CorrespondentbrChittagong, Sept 08 A record number of scrap vessels have been imported and brought to the Sitakunda Ship Breaking Yard. This has created enthusiasm in every yard and at the same time, those concerned with this business are expecting...
FE ReportbrPeople's Development Services Corporation Ltd (PDSCL), a private sector loan recovery company, will help recover classified loan of different branches of Janata Bank Ltd.brAn agreement was signed in this connection at the bank's head office in the city Monday....
FE ReportbrA Sri Lankan woman entrepreneur and jewellery designer Ms. Shyamali Kannangara of Moksha Jewels, in association with High Commission of Sri Lanka, has showcased jewellery containing original stones at stall No.14 at the Women Entrepreneur Trade Expo (WETEX), at...
FE Report brThe inter-bank call money rate posted slight rise Monday due to high demand for cash. The US dollar, however, remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market mainly on sufficient supply of the greenback,...
Malaysian company Sungard System Access Malaysia Sdn Bhd will help up gradation of card software of National Bank Ltd, says a press release. brAn agreement in this connection was signed between the two companies in the city recently. brNational Bank...
TOKYO, Sept 8 (AP) Asian stock markets soared Monday after Washington announced a bailout of mortgage giants Fannie Mae and Freddie Mac - a move that could help bolster a shaky US housing market and renew global investor confidence.brJapan's benchmark...
PERTHLONDON, Sept 8 (Reuters) Origin Energy Limited, fending off an $11 billion hostile bid from Britain's BG Group Plc (BG.L), is to spin off its coalbed methane assets into a joint venture with US oil major ConocoPhillips.brOrigin and Conoco said...
LONDON, Sept 8 (AFP) European stock markets surged in early trading Monday, mirroring sharp gains won across Asia after the US government seized control of ailing mortgage giants Fannie Mae and Freddie Mac.brIn London the FTSE 100 index of leading...
MILAN, Sept 8 (Reuters) Italy's Eni SpA has agreed to buy Canada's First Calgary Petroleums Limited in a cash deal worth C$923 million ($865 million), the latest in a series of acquisitions aimed at boosting its oil and gas reserves.brThe...
Abu Sadek Md Sohel has been promoted to the post of additional managing director of Social Investment Bank Limited (SIBL), said a press release. brPrior to his promotion, Mr Sohel was the deputy managing director of the same bank from...
RICHMOND, Va., Sept 8 (AP) Altria Group says it will buy UST for nearly $10 billion in a deal that will give the maker of Marlboro cigarettes access to the smokeless tobacco market.
HC stays BB orders on AB Bank Foundation, IFIC sharesbrThe authorities of AB Bank Limited have stated that the High Court (HC) after hearing a writ petition was pleased to issue rule and stayed operation of the Bangladesh Bank (BB)...
BEIJING, Sept 8 (AFP) China said Monday the lifting of a nuclear trade embargo on India reflected the right of all nations to use atomic energy peacefully, while expressing hope it would help non-proliferation efforts. brThe Nuclear Suppliers Group, which...
DERA ISMAIL KHAN, Sep 8 (AP) Missiles from a suspected U.S. drone aircraft struck a house and seminary linked to a key Taliban commander on Monday, killing at least nine people, officials and witnesses said.brThe explosions occurred in a village...
THE HAGUE, Sep 8 (AP) Georgia accused Russia on Monday of a campaign of harassment and persecution in its two separatist regions and called on the International Court of Justice to impose emergency measures to halt killings and forced expulsions.brBut,...
WASHINGTON, Sept 8 (AFP) - US Republican Presidential nominee John McCain took a lead over his Democratic rival Barack Obama after receiving a boost from last week's Republican National Convention, a new opinion poll showed. brThe USA TodayGallup survey, carried...
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