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Chinese investment continues to lower in S Korea

2007-06-20 00:00:00

SEOUL, June 19 (AFP): China's direct investment in South Korea fell last year for a second consecutive year as its interest in Asia's third-largest economy declined, a report said today. The report by the Korea Investment Trade Association showed Chinese...

Oil prices ease on profit-taking after hitting nine-month peaks

2007-06-20 00:00:00

SINGAPORE, June 19 (AFP): Oil prices eased in Asian trade today on profit-taking after hitting their highest levels since early September 2006 overnight, dealers said. The easier tone is however likely to be temporary as factors that drove the market...

Pak power shortage adds to Musharraf woes

2007-06-20 00:00:00

KARACHI, June 19 (AFP): Pakistan's worst electricity shortage in memory has sent rioters onto the streets of several cities and poses a fresh headache for embattled President Pervez Musharraf, officials say. Regular power cuts lasting from two to 12 hours...

Yen falls to new lows against euro, dollar

2007-06-20 00:00:00

TOKYO, June 19 (AFP): The yen fell today to another low against the euro and a four-and-a-half-year trough against the dollar on expectations that Japanese interest rates will stay well below those in other major economies, dealers said. At one...

Malaysia refutes allegations of plantation damage

2007-06-20 00:00:00

KUALA LUMPUR, June 19 (AFP): A Malaysian cabinet minister, fresh from a charm offensive in Europe, has refuted allegations that plantation industries lead to widespread deforestation, pollution and the death of organgutans, a report said today. Plantations Minister Peter Chin...

Temasek to sell three power generating companies

2007-06-20 00:00:00

SINGAPORE, June 19 (AFP): Singapore's state-linked investment firm Temasek Holdings said today it plans to sell all three power generating companies under its stable in the next 12 to 18 months. Wong Kim Yin, Temasek managing director of investments, said...

Australia's winter crop to rise 130pc

2007-06-20 00:00:00

SYDNEY, June 19 (AFP): Australia's winter grains crop is set to more than double after unusually heavy rains in some areas partially offset the impact of a long-term drought, the official rural forecaster said today. The Australian Bureau of Agriculture...

Indonesia CPO production set to hit 17m tonnes

2007-06-20 00:00:00

JAKARTA, June 19 (Xinhua): The Indonesian government has projected crude palm oil (CPO) production to increase by 7.8 percent to 17.44 million tons this year from 2006. CPO production will pick up during the harvest period from July to December,...

US urges haste in NKorea's nuke disarmament

2007-06-20 00:00:00

SEOUL, Jun 19 (AFP): US chief negotiator Christopher Hill called on North Korea Tuesday to speed up the promised scrapping of its nuclear programme as South Korea said the process could be finished this year. "We really have to pick...

US, Iraqi forces kill 22 insurgents

2007-06-20 00:00:00

BAGHDAD, Jun 19 (AP): About 10,000 US soldiers using heavily armored Stryker and Bradley fighting vehicles fought their way into an al-Qaida sanctuary northeast of Baghdad early Tuesday. American and Iraqi forces, under cover of attack helicopters, killed at least...

Abbas wins resumption of Western aid

2007-06-20 00:00:00

RAMALLAH, Jun 19 (AFP): Palestinian president Mahmud Abbas won the lifting of a crippling Western aid freeze amid efforts to isolate Hamas in its Gaza enclave, where fears are mounting of a humanitarian crisis. The United States and Europe restored...

Taliban capture Afghan district, kill 10 civilians

2007-06-20 00:00:00

KABUL, Jun 19 (AFP): Afghan forces admitted Tuesday that the Taliban had captured a district in mountainous southern Afghanistan in the latest upsurge of rebels strikes that have killed scores of people. The interior ministry announced meanwhile that 10 civilians...

Cuba mourns Vilma Espin, rebel 'first lady'

2007-06-20 00:00:00

HAVANA, Jun 19 (AFP): Cuba held a day of mourning Tuesday for Vilma Espin Guillois, the guerrilla who became the most powerful woman in the revolution that propelled her brother-in-law Fidel Castro to power. Espin died in Havana Monday aged...

Suu Kyi turns 62 in isolation

2007-06-20 00:00:00

YANGON, Jun 19 (Reuters): Myanmar opposition leader and democracy icon Aung San Suu Kyi spent another birthday under house arrest Tuesday as her supporters released doves and balloons to accompany prayers for her release. To mark her 62nd birthday, around...

Three Tamil Tigers killed in Sri Lanka clash

2007-06-20 00:00:00

COLOMBO, Jun 19 (AFP): Sri Lankan security forces killed three Tamil Tiger rebels Tuesday in renewed fighting in the east of the island, the defence ministry said. The fighting took place in an area between the coastal towns of Batticaloa...

Lebanese soldier killed in refugee camp

2007-06-20 00:00:00

BEIRUT, Lebanon, Jun 19 (AP): A Lebanese soldier was killed Tuesday in clashes with al-Qaida-inspired militants in a Palestinian refugee camp in northern Lebanon, a senior military official said. The official, speaking on condition of anonymity because he was not...

Govt appoints presidents to five sports federations

2007-06-20 00:00:00

The government appointed Tuesday presidents to five national sports federations with Establishment Secretary M Abdus Salam Khan being the boss of Bangladesh Chess Federation.The Youth and Sports Ministry also appointed new presidents to Shooting, Wrestling, Carom and Judo Federations, said...

Mexico, US, Canada and Guadeloupe reach CONCACAF cup semifinals

2007-06-20 00:00:00

HOUSTON, USA, Jun 19 (AP): Jared Borgetti headed in a goal from 5 yards out in the eighth minute of overtime to give Mexico a 1-0 victory over Costa Rica in a CONCACAF Gold Cup quarterfinal Sunday.Mexico will face Guadeloupe,...

Bangladesh face Sri Lanka A in 3-day warm up match today

2007-06-20 00:00:00

Visiting Bangladesh national cricket team begins their Sri Lanka campaign today (Wednesday) with a three-day warm up match when they take on Sri Lanka A at the Colts Cricket Club Ground in Colombo, reports UNB.After the last month's home series...

Cabrera edges Tiger for US Open title

2007-06-20 00:00:00

OAKMONT, Pennsylvania. Jun 19 (AP): The only thing Angel Cabrera couldn't conquer at this US Open was Oakmont. Cabrera hit all the right shots at the right time Sunday, none bigger than a booming tee shot down the middle of...

National Hockey begins today

2007-06-20 00:00:00

The 27th National Hockey begins today at the Moulana Bhasani National Hockey Stadium in the city, reports BSS.Nineteen teams from across the country are taking part in the competition, organised by Bangladesh Hockey Federation (BHF) under the sponsorship of Salton...

Panesar turns the screw on West Indies

2007-06-20 00:00:00

England are on the verge of a thumping win over West Indies at Chester-le-Street, following a fine double-pronged attack from Steve Harmison and Monty Panesar. At tea, England needed a further 86 to win, reports Cricinfo. The second session was...

Cricket: Warne and Murali put counties in a spin

2007-06-20 00:00:00

LONDON, June 19 (AFP): Shane Warne and Muttiah Muralitharan, Test cricket's top two leading wicket-takers of all time, bowled their respective sides to victory in the English County Championship Monday. Hampshire captain Warne took five for 50 as Durham were...

SAFF Championship to be held on December 10-22

2007-06-20 00:00:00

The 5th South Asian Football Federation (SAFF) Championship will be held from December 10 to 22 this year in Sri Lanka and the Maldives, reports BSS.Eight teams-Afghanistan, Bangladesh, Bhutan, Nepal, Pakistan, defending champions India, hosts Sri Lanka and Maldives --...

Mohammedan face Chittagong Mohammedan today

2007-06-20 00:00:00

Title aspirant Mohammedan SC face Chittagong Mohammedan SC in a return league match of the B. League today (Wednesday), reports UNB.After a day's recess, the match gets underway at the Bangabandhu National Stadium at 4:30 pm.Earlier, in the first leg,...

Tiger Wood's wife gives birth to a daughter

2007-06-20 00:00:00

LOS ANGELES, June 19 (AFP): Tiger has a cub. Less than 24 hours after Tiger Woods finished second at the US Open on Father's Day, his wife gave birth to their first child, a daughter. He announced Monday night on...

Harmison set to undergo hernia operation

2007-06-20 00:00:00

CHESTER-LE-STREET, England, June 19 (AFP): England fast bowler Stephen Harmison is to undergo surgery for a "non-serious hernia" operation, the England and Wales Cricket Board (ECB) announced Tuesday. However, an ECB spokesman said the timing of the operation had still...

Vaughan quits England one-day captaincy

2007-06-20 00:00:00

CHESTER-LE-STREET, England, June 19 (AFP): Michael Vaughan resigned as England's one-day captain with immediate effect here Monday. But Vaughan, in a statement issued by the England and Wales Cricket Board after close of play on the fourth day of the...

Citigroup quiz contest launched

2007-06-20 00:00:00

FE ReportThe Citigroup Financial Quiz Competition was formally launched today (Tuesday) to accelerate the knowledge on financial management system among the young and talented future business leaders of the country.The launching of the quiz contest, the first of its kind...

Ferry collision at Paturia Ghat injures 15

2007-06-20 00:00:00

RAJBARI (Goalunda), June 19 (UNB): Fifteen people were injured in a head-on-collision between two BIWTC ferries at Paturia Ghat in the Padma River here Tuesday.Witnesses said a Paturia-bound ferry, 'Shah Paran', collided with another ferry, 'Enayetpuri', shortly before anchoring at...