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Asian markets mixed after US stock rally

2007-12-09 00:00:00

BANGKOK (Thailand), Dec 8 (AP): Asian markets were mixed Friday as caution crept back into some bourses despite another strong showing on Wall Street on the US government's plan for dealing with the country's credit crisis.Benchmark indices in Hong Kong,...

corporatewatch

2007-12-09 00:00:00

Sonali Aansh recommendsno dividendThe board of directors of Sonali Aansh Limited did not recommend any dividend for its shareholders for the year 2006-2007. The annual general meeting (AGM) of the company will be held on December 27, 2007 at 12:30...

Pakistan army claims Swat valley cleared of militants

2007-12-09 00:00:00

MINGORA, Pakistan, Dec 08 (AFP): Pakistan's army claimed Saturday it has cleared almost all of embattled northwestern Swat valley of militants, killing 290 rebels and arresting another 143 in recent weeks. However the pro-Taliban cleric behind the bloody unrest, Maulana...

Gulf nations must confront Iran: US defence secy

2007-12-09 00:00:00

MANAMA, Bahrain, Dec 08 (AP): Persian Gulf nations must demand that Iran come clean about its past nuclear ambitions and openly vow to not develop such weapons in the future, Defence Secretary Robert Gates said Saturday. In a broad call...

NASA postpones shuttle launch again

2007-12-09 00:00:00

CAPE CANAVERAL, Florida, Dec 8 (AFP): The United States (US) space agency Saturday postponed the launch of the space shuttle Atlantis for a third consecutive day and announced plans to strengthen safety rules governing launches. Problems with fuel gauges on...

Massive operation aims to retake Taliban town

2007-12-09 00:00:00

KABUL, Dec 8 (AFP): Afghan and international forces are engaged in a massive operation to retake the strategically important town of Musa Qala which has been held by the Taliban for 10 months, North Atlantic Treaty organization (NATO) said Saturday....

US blocking Russia-NATO accord: Russian minister

2007-12-09 00:00:00

MOSCOW, Dec 8 (AFP): Russian Foreign Minister Sergei Lavrov accused the United States (US) Saturday of blocking a cooperation programme between Moscow and the North Atlantic Treaty Organisation (NATO) alliance in a row over a European arms treaty, Russian news...

Europe opens borders to central Europe

2007-12-09 00:00:00

BRUSSELS, Dec 8 (AFP): Europe brings down the last remnants of the Iron Curtain on December 21 when it opens land and sea borders into central Europe and expands its passport-free zone to 24 nations. Travellers, commuting workers, freight trucks...

Australia 'concerned' over US-China naval tensions

2007-12-09 00:00:00

SYDNEY, Dec 8 (AFP): Australia's mandarin-speaking Prime Minister Kevin Rudd has expressed concern over a spike in tensions between the United States (US) and China over US naval visits to Hong Kong, a report said Saturday. Rudd said that the...

US regrets Lebanon vote postponement

2007-12-09 00:00:00

WASHINGTON, Dec 8 (AFP): The United States (US) State Department said Friday it regrets the postponement of the Lebanese parliament's presidential vote. "Today Lebanon's parliament once again failed to elect a president. While a majority of members are ready to...

Oldest laureates absent at Nobel prize festivities

2007-12-09 00:00:00

STOCKHOLM, Dec 8 (AFP): The glittering Nobel prize festivities Monday will be a little less luminous without the presence of literature laureate Doris Lessing of Britain, who at 88 was unable to travel to Stockholm due to ill health. But...

Lankan troops kill 24 rebels in north

2007-12-09 00:00:00

COLOMBO, Dec 8 (Reuters): Sri Lankan troops killed 24 Tamil Tiger rebels in clashes in the north of the island, the military said Saturday, days after dozens of people died in rebels bombings of a bus and a shopping centre....

Suicide bomb kills seven in Iraq

2007-12-09 00:00:00

BAIJI, Iraq, Dec 8 (Reuters): A suicide car bomber struck at the house of a counter-terrorism official in northern Iraq today, a Reuters witness said. Hospital sources said at least seven people were killed and 35 wounded. A Reuters television...

Ex-wife takes on Chavez's socialist push

2007-12-09 00:00:00

BARQUISIMETO, Venezuela, Dec 08 (AP): A new voice has emerged to challenge Hugo Chavez's push to turn Venezuela into a socialist society, someone with rare insight into the president's passions and vulnerabilities: his ex-wife. Marisabel Rodriguez says her return to...

Rescue over at China mine blast with 104 dead

2007-12-09 00:00:00

BEIJING, Dec 8 (AFP): Rescue work after a China coal mine blast that took 104 lives has been completed, state media said today, indicating rescuers had given up hope of finding at least 16 miners still missing. "Rescue operations are...

Yuvraj, Ganguly put India on top

2007-12-09 00:00:00

BANGALORE, Dec 12 (Cricinfo): The Chinnaswamy Stadium has been witness to some exceptional batting down the years, from Sunil Gavaskar's 96 to Michael Clarke's century on debut, via Sachin Tendulkar's destruction of Shane Warne (1998). The last time India played...

Rajshahi beat Barisal by 6 wkts

2007-12-09 00:00:00

One-day league leaders Rajshahi Division also took joint lead with Khulna Division in the four-day Ispahani Mirzapore Tea 9th National Cricket League beating Barisal Division by six wickets in a 7th round match Saturday, reports UNB.In the day's other two...

Victory Day Basketball Tournament begins today

2007-12-09 00:00:00

The Total Victory Day Basketball Tournament, organised by Bangladesh Basketball Federation and sponsored by Total Lubricants and Total Gaz Limited, begins today (Sunday) at the Mirpur Shaheed Suhrawardy Indoor Stadium in the city, reports UNB.Youth and Sports Adviser Tapan Chowdhury...

England look to square Sri Lanka series

2007-12-09 00:00:00

COLOMBO, Dec 8 (AFP): England coach Peter Moores wants his team to be streetwise and aggressive as the tourists bid for a series-levelling win in the second Test against Sri Lanka starting Sunday. England lost the first Test in Kandy...

Bangladesh U-19 team return home today

2007-12-09 00:00:00

A victorious Bangladesh U-19 team returns home from Karachi early today (Sunday) after a successful mission against the Pakistan Under-19 team, reports UNB.During the hectic tour, the Bangladesh U-19 team drew the lone four-day match against the Pakistan U-19 team...

Aussie striker Milicic heads for Malaysia

2007-12-09 00:00:00

SYDNEY, Dec 8 (AFP): Australian striker Ante Milicic is heading to Malaysian Premier League club Shahzan Muda FC and has had his A-League contract with Queensland Roar terminated by mutual consent, the club said Saturday. Milicic, 33, has had limited...

Eriksson plans to smash the system

2007-12-09 00:00:00

LONDON, Dec 8 (AFP): Sven Goran Eriksson believes Manchester City can take another step towards a place among the Premier League's elite by winning at Tottenham Sunday. Eriksson has never been one for dramatic statements when a cautious word will...

Dhaka make flying start

2007-12-09 00:00:00

Holders Dhaka DSA made a flying start in the second Inter-District Women's Football Competition as they crushed Pabna DSA by 9-0 goals in an opening day's match at the Dhanmondi Women's Sports Complex in the city Saturday, reports UNB.Jahanara Akhter...

Draft economic zone policy suggests 'soft reforms' for industrial parks

2007-12-09 00:00:00

FE Report The Board of Investment (BoI) is set to issue soon an economic zone policy statement that calls for reforms in the industrial park management. If finalised, the draft Bangladesh Economic Zone Policy will regulate the country's proposed special...

Remove all barriers impeding fertiliser distribution: CAO

2007-12-09 00:00:00

Shakhawat Hossain The Chief Adviser’s Office (CAO) has instructed the authorities concerned to remove all factors impeding the distribution of fertiliser, sources said.Despite sufficient stock, the fertiliser supply problem is lingering due to flaws in the distribution system."An easy and...

MCCI for well-coordinated approach to address the problems in Sidr-hit areas

2007-12-09 00:00:00

FE ReportThe Metropolitan Chamber of Commerce Industry (MCCI) has called for a well-coordinated approach, supported by allocation of financial resources and requisite institutional mechanisms, to address the problems in the areas hit by the natural disasters -- floods and cyclones...

Hearing in extortion case against Hasina resumes today

2007-12-09 00:00:00

After a 5-day adjournment, the hearing on charge against former Prime Minister Sheikh Hasina in an extortion case of Tk 30 million (3.0 crore) resumes today (Sunday), reports UNB.Dhaka Metropolitan Sessions Judge M Azizul Haque adjourned the charge hearing on...

Investors yet to shake off effect of SEC decisions

2007-12-09 00:00:00

FE ReportThe stock market passed yet another dull week (December 2-6) amid a thin turnover.Market operators said the market is bearing the brunt of recent actions taken by the Securities and Exchange Commission (SEC) which affected the investors' confidence.The SEC...

Fears for Japan's economy

2007-12-09 00:00:00

David Pilling in Tokyo and Daniel Pimlott in New York, FT Syndication ServiceConcern that Japan's economy could be heading for another lull or worse sharpened Friday when growth for the third quarter was sharply revised down to an annualised 1.5...

Bid to procure rig for BAPEX fails again

2007-12-09 00:00:00

M Azizur RahmanThe government's strategy to strengthen the state-owned hydrocarbon exploration company has faced yet another setback as the attempt to purchase a rig failed for the fourth time.The recent initiative to purchase a rig for the Bangladesh Petroleum Exploration...