NASA reported progress on glitches to a critical computer system on the International Space Station on Friday as astronauts repaired insulation damage to the space shuttle Atlantis during a spacewalk, reports Reuters. "We are cautiously optimistic with progress on the...
BAGHDAD, June 16 (AP): An explosion leveled a Sunni mosque Saturday in Basra, residents said, in the second retaliatory attack in as many days for the toppling of minarets at a prized Shiite shrine in Samarra. Iraqi police did not...
BANGKOK, June 16 (AFP): Supporters of Thailand's ousted premier Thaksin Shinawatra were Saturday to stage a major rally against the junta that forced him from power, after he urged the military to organise new elections. Protest leaders said more than...
KABUL, June 16 (AFP): A suicide car bomb exploded near a NATO convoy in a busy residential area of the Afghan capital Saturday, killing three Afghan civilians and wounding five more, the interior ministry said. "It was a suicide car...
ANKARA, June 16 (AFP): Turkish Prime Minister Recep Tayyip Erdogan has invited his Iraqi counterpart Nuri al-Maliki to Ankara to discuss measures against the safe haven that Turkish Kurd rebels enjoy in northern Iraq. Under mounting pressure to toughen measures...
Five of the world's natural wonders have been nominated for inclusion on the UN World Heritage List, according to BBC. A biodiversity-rich rainforest in Madagascar and Tenerife's volcanic landscape are among the sites favoured by the World Conservation Union (IUCN)....
VIENNA, Austria, June 16 (AP): Russia said Friday it could not rule out freezing its participation in a treaty limiting non-nuclear heavy weaponry around Europe after its attempt to overhaul the accord was rebuffed in what a diplomat called "fine,...
BEIJING, June 16 (Reuters): China's spending on fixed assets such as roads and power plants accelerated in the first five months of the year, prompting predictions of imminent monetary tightening to slow the world's fourth-largest economy.Fixed investment in urban areas...
CAPE TOWN, June 16 (AFP): The 17th World Economic Forum (WEF) on Africa closed in Cape Town yesterday with business delegations rubbing their hands in excitement at the scope for investing in the world's poorest continent. Corporate executives left a...
NEW DELHI, June 16 (PTI): The finance ministry yesterday asked tax officials to calculate tax liability of those transacting in shares using the principles prescribed by the Authority of Advance Rulings (AAR). The issue assumes importance as shares held for...
WASHINGTON, June 16 (AFP): Robert Zoellick, the presumed next head of the World Bank, will shoulder the task of rebuilding trust in the development lender after a scandal at the top exposed deep divisions. US President George W Bush nominated...
WASHINGTON, June 16 (AFP): The United States yesterday slapped new restrictions of high-technology exports to China and moved to create a pool of so-called "trusted customers" within the Chinese business community that will be rewarded for compliance with US guidelines....
GENEVA, June 16 (AFP): World Trade Organisation (WTO) chief Pascal Lamy will seek to ensure Chinese leaders support key WTO talks during a visit to Beijing next week, his spokesman said yesterday. Lamy is to meet top Chinese leaders and...
GENEVA, June 16 (AFP): The International Labour Organisation (ILO) yesterday warned that forced labour was still widespread in Myanmar, where the military junta has so far ignored ILO recommendations to stop the practice. The ILO's committee on the application of...
LONDON, June 16 (AFP): The price of crude oil on world markets raced higher this week, with London Brent crude breaching 71 dollars a barrel on gasoline (petrol) supply concerns in the United States. Wheat struck an 11-year high in...
NEW YORK, June 16 (AFP): The dollar stumbled against the euro yesterday as US economic data dashed expectations for a rate hike, while the yen was hammered by the lack of a clear signal on rate moves by the Bank...
ISLAMABAD, Jun 16 (PTI): The US yesterday said that it is skeptical about the proposed USD seven-billion Iran-Pakistan- India (IPI) gas pipeline project pointing out it has already made clear the "consequences" for any country which invested in Iran. "We've...
PHNOM PENH, June 17 (Xinhua): International experts and Cambodian officials have expressed confidence that the rubber market and revenues would rise significantly in the years to come, local press reported yesterday. Cambodian Deputy Prime Minister Sok An told the Third...
BEIJING, June 16 (CEIS): The retail sales of accommodation and catering industry in China totaled 486.37 billion yuan in the first five months of this year, up 17.8 per cent year on year. It is expected that the retail sales...
WASHINGTON, Jun 16 (PTI): United States-India Agriculture Knowledge Initiative (AKI) has made significant progress in forging lasting private sector and university relationships between the two countries, American Agriculture Secretary Mike Johanns has said. In his remarks after fifth board meeting...
BEIJING, June 16 (CEIS): World's Top 500 chemical producer BASF Group recently reached an agreement with the local Chongqing Chemical and Pharmaceutical Holding (Group) Company, to establish the world's largest MDI production base in Changshou District, Chongqing Municipality, southwestern China....
FE ReportBanglalink has recently donated relief items for the flood and landslide victims in Chittagong following the disaster that left thousands of people homeless.The company has donated 3,000 relief units each containing one packet rice, mineral water for drinking, saline...
NEW YORK, June 16 (AFP): World oil prices edged higher yesterday, after strong gains earlier this week, as the market focused on low US gasoline reserves during a high demand season. Traders also eyed unrest in the Middle East and...
NEW YORK, June 16 (AFP): After a brief scare on inflation and interest rates, Wall Street has regained momentum and is flirting with new record highs as the market prepares for the upcoming corporate earnings season. The market posted solid...
M Azizur RahmanThe fate of the country's first-ever joint venture of the state-owned gas companies worth over Tk 3.0 billion to develop Begumganj gas field is now hanging in balance due to indifference of the National Board of Revenue (NBR).Sources...
FE Report The Bangladesh Bank (BB) Governor Salehuddin Ahmed Saturday stressed on an efficient board of directors to run nationalised commercial banks (NCBs) after corporatisation."Efficient and knowledgeable directors are needed for operating the NCBs smoothly," the central bank chief said...
Siddique Islam The government is going to legislate a Financial Reporting System (FRS) Act for the first time to ensure accountability and transparency of the country's financial sector.A draft has already been prepared for the proposed law, which will be...
ONE of the areas where common people expected the present caretaker government to perform very well and promptly in line with their expectations, was in the area of controlling upward movement in the prices of essentials or at least stabilising...
Syed JamaluddinALTHOUGH close neighbours, yet the relation between Bangladesh and Myanmar is far from satisfactory. Because of its geographical location, Myanmar does carry heavy weight in respect of our foreign relations. In undivided India, Bangladesh territory had close links with...
Ripan Kumar BiswasIT is painful to hear about a baneful condition of drug addiction in the campus of the Dhaka University (DU). My cousin talked to me over the telephone the other day about this growing menace the other day...
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