NEW YORK, Dec 25 (bdnews24.com/Reuters): Merrill Lynch & Co Inc shored up its capital base by as much as $7.5 billion after selling a stake to Singapore's government and an asset manager, and unloading much of a lending business, as...
FE ReportThe total Net Asset Value (NAV) of ICB AMCL Unit Fund stood at Tk 48,82,23,493.78 on the basis of cost price and Tk 69,06,70,002.84 on the basis of market price at the close of business operation on December 17,...
FE ReportA 100 per cent Japan-owned company titled M/s. Okakoh Bangladesh Company Limited will set up a machinery parts manufacturing, assembling and recycling industry in the Karnaphuli Export Processing Zone.The company with an investment of US$2.851 million will produce, recycle...
TOKYO, Dec 25 (Bloomberg): Japan's corporate-service prices rose at close to the fastest pace in 15 years, as record oil costs prompted businesses to charge more for transportation. The prices companies pay for services such as rent and deliveries climbed...
BEIJING, Dec 25 (Dow Jones): China is moving fast to create a small-cap stock market intended to encourage listsings for smaller, fast-growing companies.The country will also accelerate development of a bond market to give companies non-equity-related fund-raising tools, said Shang...
VoIP pioneer Vonage said recently that it had settled a patent dispute with telecom giant AT&T, which had sued Vonage in October for using packed-based telephony products based on its intellectual property, according to Internet. Terms of the settlement were...
NEW YORK, Dec 25 (Reuters): Communications equipment makers Andrew Corporation and CommScope Inc. announced Monday the final terms of their merger, which they said was due to close on December 27. Andrew shareholders will receive, for every share, US$13.50 in...
NAGOYA, Japan, Dec 25 (AFP): Japan's Toyota Motor Corporation predicted Tuesday further robust growth in 2008 after racing past US rival General Motors this year to become the world's top producing automaker. Strong growth in emerging markets such as China,...
Our CorrespondentCHITTAGONG, Dec 25 : A large number of fishermen working for the dishonest owners of fishing trawlers have been engaged in fishing illegally in the Bay of Bengal defying government rules.Violating government rules, these fishermen are catching fish indiscriminately,...
MOSCOW, Dec 25 (Bloomberg): OAO Gazprom, Russia's biggest company, is set to gain control of OAO OGK-6, the nation's third-largest power generator by capacity, after spending almost 21 billion roubles (US$850 million) on new shares. The natural-gas producer paid 3.80...
SHANGHAI, Dec 25 (Bloomberg): China Pacific Insurance (Group) Company, the nation's third-largest insurer, surged 61 per cent on its debut in Shanghai as investors pile into initial public offering (IPO) after slides in the broader market. The stock closed at...
PARIS, Dec 25 (AFP): French luxury products group LVMH said Monday it had bought French financial newspaper Les Echos from Britain's Pearson, owner of the Financial Times, and had agreed to sell rival title La Tribune. The two-way deal had...
VATICAN CITY Dec 25 (Agencies): Pope Benedict XVI urged the faithful to set aside time in their lives for God and the needy, as he ushered in Christmas early Tuesday by celebrating Midnight Mass in St. Peter's Basilica. Echoing a...
BEIJING, Dec 25 (AFP): China and India wrapped up their first-ever military exercises Tuesday with a drill in which they "wiped out" a group of supposed terrorists along their border, state press reported. In the mock scenario, 56 members of...
BANGKOK, Dec 25 (Reuters): Ousted Thai Prime Minister Thaksin Shinawatra said Tuesday he was confident the party he backed in weekend elections could form a coalition government, unless prevented unfairly, allowing him to return from exile"If nobody interferes in the...
BAGHDAD Dec 25 (Agencies): A suicide bomber in a pickup truck detonated his explosives outside a residential complex in northern Iraq Tuesday, killing 22 people and wounding 30, police and hospital officials said. At least three children were among the...
BETHLEHEM, Dec 25 (Agencies): Encouraged by renewed peace talks between Israel and the Palestinians, Christian pilgrims from around the world converged on Jesus' traditional birthplace Monday to celebrate Christmas - a palpable contrast to the sparse crowds of recent years....
TOKYO, Dec 25 (Reuters): Japan's prime minister met and apologised Tuesday to hepatitis patients at the centre of a high-profile scandal over tainted blood products as he tried to quell a row that risks further eroding his support ratings. The...
A hotel in India says it has made the tallest Christmas cake in the world. Raja Gopal Iyer, a director at the Uday Samudra Leisure Beach Hotel in Kerala state said the hotel's 8.8-metre-tall cake had broken the previous record...
Cuba's Castro has mental faculties, brother saysHAVANA, Dec 25: Convalescing Cuban leader Fidel Castro has gained weight, is exercising twice daily and is in full control of his mental faculties in a signal of his recovery, his brother Raul Castro...
aNEW YORK, Dec 25 (Reuters): Investors intent on sheltering assets from credit market upheaval and the risks of recession are so enamoured with safe-haven Treasury bonds they seem to have dismissed their usual concerns about inflation. The latest headline US...
WASHINGTON, Dec 25 (AFP): Google is among more than 260 companies vying for wireless licenses to be auctioned in January, which could allow the search giant to extend its reach to the mobile Internet. Google has an advantage over many...
TOKYO, Dec 25 (AFP): Japanese electronic makers Matsushita, Canon and Hitachi said today they will form an alliance in liquid crystal panels in the latest tie-up in the lucrative but cutthroat sector. The companies said Canon Inc. and Matsushita Electric...
While nearly seven in every 10 consumers believe that energy conservation is important or extremely important, the cost of green improvements is still a significant factor in many home buyers' decisions about purchasing energy-efficient home features. Realtors® attending today's "Greening...
WILL the rising cost in building materials contribute to fewer property launches? Or, since property development has more of an impact on consumers, will demand - which according to developers, consultants and realtors has generally been sustainable - play a...
National guidelines on economically affordable housing were released on December 1 along with new government measures on housing for low-income families. Economically affordable houses ought to be around 60 square meters per unit, said the guidelines jointly released by the...
M. Anthony CarrThere's a leaking toilet tank thing-a-mabob (the official do-it-yourselfer name for it) downstairs in the bathroom where I have also discovered a leak either from the outside wall (or a pinhole leak in the wall) that is ruining...
Chris Hamnett London's soaring house prices are of perennial interest. Over the past year that interest has been reignited because of the impact of City bonuses and wealthy foreign buyers who have driven prices higher at the top end in...
AUCKLAND, Dec 25 (Cricinfo): On paper, New Zealand would begin the three-match one-day series starting tomorrow in Auckland as overwhelming favourites, given the home conditions and the hunger to reverse a shoddy away season against South Africa and Australia. Their...
MELBOURNE, Dec 25 (Cricinfo): Take a walk in Melbourne's Central Business District and the theme is simple: big. There's the impressive Rod Laver Arena, the imposing Crown Casino, rows of skyscrapers, and the enormous MCG. Nobody needs any directions for...
© 2026 - All Rights with The Financial Express
