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US stocks extend rebound after sell off

2007-06-11 00:00:00

NEW YORK, June 10 (REUTERS): Stocks snapped a three-day losing streak Friday, letting investors recoup some of the losses incurred during a week in which concerns about interest rates roiled the US market. In Friday's session, the Dow Jones industrial...

IT Consultants, Rashed Kanchan Corp sign deal

2007-06-11 00:00:00

FE ReportIT Consultants Limited and Rashed Kanchan Corporation signed an agreement at a city hotel Saturday. IT Consultants Managing Director Kazi Saifuddin Munir and Rashed Kanchan Corporation Chief Executive Officer (CEO) Rashed Kanchan signed the agreement on behalf of their...

ICB AMCL declares NAV of two unit funds

2007-06-11 00:00:00

FE ReportAsset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared net asset values (NAV) of its two unit funds. The total NAV of ICB AMCL First Mutual Fund stood at Tk 150,025,164.80 on the...

Univogue Garments opts for GP Business Solutions

2007-06-11 00:00:00

FE ReportGrameenphone Ltd has recently signed an agreement with Univogue Garments Co Ltd to provide complete communication facilities under its Business Solutions package.The agreement was signed by Saman Pushpakumara, Financial Controller of Univogue Garments Co Ltd and Sajjad Alam, Head...

corporatewatch

2007-06-11 00:00:00

Company's net profit/lossEastern Cables: Eastern Cables Limited earned a post-tax net profit of Tk 24.64 million for the year that ended on June 30, 2006. The earning per share (EPS) of the company stood at Tk 10.27. Janata Ins: Janata...

IPO diary

2007-06-11 00:00:00

Bangladesh Finance and Investment Company Ltd Nature of Business: Lease Finance & Term Finance Subscription Opens: June 10 2007Subscription Closes: June 14 2007 Subscription for NRB: June 10, 2007 to June 23, 2007 Offer Price (Tk.): 100.00 Market lot (Share):...

Tehran condemns G-8 stance on nuke programme

2007-06-11 00:00:00

TEHRAN, Jun 10 (AP): Iran has condemned a G-8 warning that it could face more sanctions over its controversial nuclear programme, the country's official Islamic Republic News Agency reported. Mohamad Ali Hosseini, the spokesman of Iran's foreign ministry, said Iran...

Bush arrives in Albania for landmark visit

2007-06-11 00:00:00

TIRANA, Jun 10 (AFP): George W Bush arrived in Albania Sunday for the first ever visit by a US president, after which he will travel on to Bulgaria, the last stop on his European tour. His arrival at Tirana-Rainas airport...

Pakistan joins fight on nuke terror

2007-06-11 00:00:00

ISLAMABAD, Jun 10 (AP): Pakistan will join an international initiative aimed at keeping nuclear materials out of the hands of terrorists, the Ministry of Foreign Affairs said. The initiative, however, only applies to civilian "facilities and activities," the ministry said...

More fighting in Lebanon refugee camp

2007-06-11 00:00:00

BEIRUT, Lebanon, Jun 10 (AP): Sporadic gunfire and artillery shelling rang out from a Palestinian refugee camp in northern Lebanon Sunday as the army fought to uproot Fatah Islam militants holed up in the settlement. The intermittent fighting came a...

Rockets fired at Afghan president

2007-06-11 00:00:00

KABUL, Jun 10 (AP): Taliban militants fired up to six rockets near a gathering where President Hamid Karzai was giving a speech Sunday in central Afghanistan, but no one was hurt, officials said. The attack happened as clashes and airstrikes...

Diamonds, cannons as daughter of Brunei sultan weds

2007-06-11 00:00:00

BANDAR SERI BEGAWAN, Jun 10 (AFP): Diamonds sparkled and cannons boomed Sunday when a daughter of one of the world's longest-reigning monarchs wed a civil servant in a ceremony whose origins date back generations. Thousands of people, baking under the...

Russia aids US on DPRK

2007-06-11 00:00:00

SEOUL, Jun 10 (AP): Russia has accepted a US request that a Russian bank help end a stalemate over frozen North Korean funds that has halted progress in the North's nuclear disarmament, a news report said Sunday. Moscow agreed to...

French voters head to the polls to elect new parliament

2007-06-11 00:00:00

PARIS, Jun 10 (AFP): The French are heading back to the polls for parliamentary elections Sunday, less than a month after electing a new president. Voting stations opened across France at 8:00 am (0600 GMT) for the first round of...

Ten killed as wall collapses in Kenyan capital

2007-06-11 00:00:00

NAIROBI, Jun 10 (AFP): At least ten people were killed when a wall collapsed in a slum in the Kenyan capital's industrial belt, police said Saturday, as rescue workers rushed to the scene. Five others were injured when the concrete...

Shuttle Atlantis closes in on space station

2007-06-11 00:00:00

WASHINGTON, Jun 10 (AFP): The US shuttle Atlantis closed in on the International Space Station Sunday as its crew prepared for a new phase of its mission aimed at boosting the station's power-generating capacity. The shuttle, on its first mission...

Andhra to bring ordinance for Muslims quotas

2007-06-11 00:00:00

HYDERABAD, Jun 10 (BSS/PTI) Andhra Pradesh Chief Minister YS Rajasekhar Reddy Saturday said his government would bring an ordinance within 30 days to provide reservation to Muslims in educational institutions and government jobs in the state. "The government would soon...

Floods leave 47 dead or missing in China

2007-06-11 00:00:00

BEIJING, Jun 10 (AFP): At least 47 people are dead or missing and more than 260,000 have been left homeless by floods and landslides set off by torrential rain in southern China, officials and press reports said Sunday. Four days...

Malaysian PM's popularity soars after wedding

2007-06-11 00:00:00

KUALA LUMPUR, Jun 10 (AFP): Malaysia's Prime Minister Abdullah Ahmad Badawi is enjoying a wave of popularity after re-marrying, with analysts Sunday predicting the move will boost his leadership. Abdullah, 67, exchanged rings with 53-year-old Jeanne Abdullah, his petite former...

Cultivation of new aman variety may solve ‘Monga’

2007-06-11 00:00:00

RANGPUR, June 10 (UNB): Speakers at a training programme Saturday stressed the need for cultivating new hybrid variety of aman paddy, developed by local scientists, to face 'Monga' in the region. The daylong training programme on 'Advance aman production, crops...

Anti-HIV campaign launched in Cox's Bazar

2007-06-11 00:00:00

COX'S BAZAR, June 10 (BSS): A special week-long mass campaign against HIV/AIDS organised by the district information office and upazila administration got underway at Ramu Upazila of the district today.The campaign organised under a UNFPA assisted project 'advocacy on reproductive...

Sixteen persons killed in separate incidents

2007-06-11 00:00:00

Sixteen persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Kushtia, two suspected activists of an outlawed party were slaughtered by a rival group at Mathpara...

Habibur Rahman gets Chand Sultana literacy prize

2007-06-11 00:00:00

Dhaka Ahsania Mission (DAM) has decided to reward M Habibur Rahman, Director, Education Sector, Save the Children USA, by Chand Sultana Literacy prize 2006, for his contribution to developing non-formal education in Bangladesh, reports BSS. He will be formally rewarded...

WUB accords reception to Summer 2007 students

2007-06-11 00:00:00

FE ReportThe World University of Bangladesh (WUB) arranged a ceremonial freshers' reception for the Summer 2007 students at the LGED Bhaban Auditorium Saturday evening presided at by Vice Chancellor of the university Abdul Mannan Choudhury.The Hunger Project, Bangladesh Country Director...

Geeteara Safiya leaves for Uganda

2007-06-11 00:00:00

Adviser for Women and Children Affairs and Industries Geeteara Safiya Choudhruy left city for Kampala, capital of Uganda, Saturday night to attend the 8th Commonwealth Women's Affairs Ministers Meeting (8WAMM) beginning (today) Monday, reports UNB.The theme for the four-day 8WAMM...

Death anniversary

2007-06-11 00:00:00

The fourth death anniversary of Delwar Hossain, a former Special Corespondent of Bangladesh Sangbad Sangstha (BSS), will be observed in the city and at his village home today (Monday) in a befitting manner, reports BSS. The programmes undertaken on the...

Jayawardene, Dhoni steer Asia

2007-06-11 00:00:00

A promising start by the African XI in the final match of the Afro-Asia Cup swiftly dissipated into another run-fest as Mahela Jayawardene and Mahendra Singh Dhoni provided direction and then aggression during a record-breaking sixth-wicket stand at the MA...

Eng chip away at WI resistance

2007-06-11 00:00:00

Steve Harmison produced his best spell of the series and Monty Panesar struck shortly before lunch as England chipped away and West Indies' resistance on the fourth morning at Old Trafford. Chris Gayle was the victim of some welcome venom...

25 coaches selected for BCB/CA level-2 coach edn course

2007-06-11 00:00:00

A total of 25 coaches have been selected for the six-day BCB/CA Level-2 Coach Education Course to be held from June 11 to 16 at the Mirpur Sher-e-Bangla National Cricket Stadium (SBNS).Apart from the 25 selected ones, three coaches have...

Rains wash away B League match

2007-06-11 00:00:00

Heavy rains washed away the B League football match between Arambagh KC and Farashganj SC scheduled for Sunday at the Bangbandhu National Stadium in the city, reports UNB.The League committee also decided to postpone today's (Monday's) high voltage match between...