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Israel wraps up major combat in N Gaza

2024-01-08 00:00:00

JERUSALEM, Jan 07 (AP/Reuters/BBC/AFP): The Israeli military signaled that it has wrapped up major combat in northern Gaza, saying it has completed dismantling Hamas' military infrastructure there, as the war against the militant group entered its fourth month Sunday.Its spokesman,...

Britain to invest in next-generation nuclear fuel programme

2024-01-08 00:00:00

LONDON, Jan 7 (Reuters): Britain said it plans to spend 300 million pounds ($380 million) on a new programme to produce advanced nuclear fuel suitable for the next generation of power-generating reactors, seeking to dislodge Russia as the main international...

Indian state-run banks may look to equity fundraising as perpetual bonds lose sheen

2024-01-08 00:00:00

MUMBAI, Jan 7 (Reuters): Diminishing lure for perpetual bonds is likely to prompt Indian state-run banks switch to the equity market for raising funds in coming months, five banking sources told Reuters last week.Indian banks, including top lender State Bank...

UK mortgage price war set to cheer borrowers, pinch bank profits

2024-01-08 00:00:00

LONDON, Jan 7 (Reuters): Cuts to British mortgage rates this week are putting forecasts for bank profit margins under a spotlight, adding to pressure on a sector that has struggled to meet shareholder expectations.Prices for many home loan products have...

High market hopes raise stakes as US stocks face inflation data, earnings

2024-01-08 00:00:00

NEW YORK, Jan 7 (Reuters): Investors' hopes are running high to start 2024, which could set up US stocks for a rocky stretch if some expectations are not met.Despite a shaky start to the year, the S&P 500 stands only...

Odesa region ports cargo rises 15pc in 2023

2024-01-08 00:00:00

Ports in Ukraine's Black Sea region of Odesa boosted cargo handling in 2023, amid the war with Russia, by 15 percent year-on-year, regional Governor Oleh Kiper said on Friday, reports Reuters.Kiper, writing on the Telegram messaging app, said the ports...

Bhutan to vote as economic strife hits 'national happiness'

2024-01-08 00:00:00

THIMPU (Bhutan), Jan 07 (AFP): The picturesque Himalayan kingdom of Bhutan holds general elections on Tuesday with serious economic challenges calling into question its longstanding policy of prioritising "Gross National Happiness" over growth.Both parties contesting the vote are committed to...

Philippines enacts new tax law

2024-01-08 00:00:00

MANILA, Jan 7 (Reuters): Philippine President Ferdinand Marcos Jr has signed into law a bill making it easier for taxpayers to pay their taxes, his office said on Sunday, in a bid to increase the revenues his government needs to...

Pak hub industrialists seek energy supply

2024-01-08 00:00:00

KARACHI, Jan 07 (Express Tribune): Industrialists in Hub, Balochistan, are urging both the provincial and federal governments to address critical issues affecting the Hub Industrial and Trading Estate (HITE). The industrialists emphasise the need for consistent gas supply with proper...

Nippon Steel looks to complete US Steel acquisition despite opposition

2024-01-08 00:00:00

TOKYO, Jan 6 (Reuters): Japan's top steelmaker Nippon Steel is confident of successfully completing its planned acquisition of US Steel, despite opposition from labour union and certain US senators, its president said on Friday.The world's fourth-largest steelmaker's planned $14.9 billion...

Aramco’s Arab Light crude prices to Asia hits 27-month low

2024-01-08 00:00:00

RIYADH, Jan 07 (Arab News): Saudi Aramco on Sunday cut the February official selling price for its flagship Arab Light crude to Asian customers to the lowest level in 27 months, according to an official statement.The oil giant reduced the...

Women empowerment: Bangladesh perspective

2024-01-08 00:00:00

Women's empowerment has moved forward significantly in Bangladesh over the past few years. It has resulted in remarkable changes in many sectors of our society. Our womenfolk have become a key factor in the nation's development. However, there are still...

Hot- or cold-water bath in winter?

2024-01-08 00:00:00

January is the coldest month in Bangladesh. During this time of the year, cuddling under a blanket seems like a good vacation for many. But two things become challenging in winter. One is getting out of bed and the other...

Disgrace to human civilisation

Neil Ray | 2024-01-08 00:00:00

Relentless Israeli bombardments have been killing civilian Palestinians in the range of scores to hundreds every day. By now one per cent of the 2.3 million Palestinian population in the Gaza strip has been annihilated. At the rate the indiscriminate...

Election and democracy in 2024

Syed Fattahul Alim | 2024-01-08 00:00:00

In 2024, the world will experience history's biggest ever show of electoral exercises as half of the world's total population will participate in elections in over sixty nations to choose their new national leadership to run governments. Of those countries,...

Malady of micro-lenders

2024-01-08 00:00:00

Micro-finance institutions (MFIs) can be criticised for charging high interest against small loans they provide to vulnerable sections of society. They may also be at fault for employing extortionist tactics for recovering loans. But it cannot be denied that Bangladesh...

Pacific islands emerging as a strategically vital region

Muhammad Zamir | 2024-01-08 00:00:00

The fourteen Pacific Island countries - Papua New Guinea, Fiji, Palau, Tonga, Tuvalu, Samoa, Vanuatu, Micronesia, Kiribati, Nauru, the Marshall Islands, the Solomon Islands, Cook Islands and Niue - have traditionally been close partners of the US and its allies,...

Global oil demand grows at its slowest in nine months in Dec

2024-01-07 12:00:00

Early data indicates global oil consumption in December grew at the slowest pace in nine months, JP Morgan said in a note on Friday, reports Reuters.The research firm, however, said despite undershooting expectations in the last month of 2023, global...

Finland's extreme cold freezes even boiling water thrown in the air

2024-01-07 00:00:00

HELSINKI, Jan 5 (Reuters) : Finland's record low temperatures this week inspired a tourist on a trip to the Arctic to try a trick that had long intrigued him: throwing boiling water in the air when it's extremely cold outside...

Congo election commission cancels 82 candidates over fraud in Dec polls

2024-01-07 00:00:00

KINSHASA, Jan 06 (Reuters): The Congolese election commission said it had cancelled votes cast for 82 out of 101,000 candidates in legislative and local polls held in December for their involvement in alleged fraud and other issues that disrupted the...

China steps up Myanmar contacts on border stability, phone scams

2024-01-07 00:00:00

SHANGHAI, Jan 06 (Reuters): Senior Chinese officials have held talks with Myanmar, the government said on Saturday, as Beijing grows increasingly concerned about border security and telecoms scams with rebel groups pressing their campaign against Myanmar's junta.China's Vice Foreign Minister...

US, EU top diplomats in renewed push to halt Gaza war spillover

2024-01-07 00:00:00

JEDDAH, Jan 06 (Arab News): The US and EU's top diplomats arrived in the Middle East on Friday in a renewed diplomatic push to prevent Israel's war on Gaza from spilling over to the occupied West Bank and Lebanon.US Secretary...

Commonwealth urges political, civic leaders to contribute to conducive environment

2024-01-07 00:00:00

The Commonwealth Secretary-General, Patricia Scotland KC, has called on all political and civic leaders in Bangladesh to contribute to a conducive environment for citizens to peacefully exercise their right to vote. She also urged leaders to continue to strengthen the...

Dengue: BD reports zero death with 42 new cases

2024-01-07 00:00:00

No fresh death due to dengue was reported in Bangladesh in the 24 hours until Saturday morning. During the period, 42 more patients were hospitalised with the viral fever, according to the Directorate General of Health Services (DGHS). Among them,...

13 polling centres set on fire in nine districts since Friday night

2024-01-07 00:00:00

Arson attacks have been reported at 13 polling centres in nine districts since Friday night.Fires were reported in Sunamganj, Habiganj, Tangail, Shariatpur, Chattogram, Gazipur, Mymensingh, Khulna and Barguna, reports bdnews24.com.The 12th national parliamentary election will be held today (Sunday). On...

Members of the armed forces have been deployed across the country to assist in holding today's nationa

2024-01-07 00:00:00

Members of the armed forces have been deployed across the country to assist in holding today's national election in a free, fair and peaceful manner. — Photo: Collected

Troubled e-com cos yet to pay Tk 1.39b back to customers

FE REPORT | 2024-01-07 00:00:00

Crisis-ridden e-commerce companies like Eorange, Needs and 24TKT Shop are yet to pay more than Tk 1.39 billion back to their customers, sources said.The volume of customers' funds stuck up with more than two dozens of such online shopping platforms...

Briefing 2024-01-06

2024-01-07 00:00:00

Spinners worst hit in 2023 in a decade, battered by global yarn price fallSpinners had the worst year in a decade in 2023 as yarn became cheaper in the global market, dragging most companies in the red. Of the companies,...

BNP calls for UN probe into train fire

FE REPORT | 2024-01-07 00:00:00

The Bangladesh Nationalist Party (BNP) has demanded that the United Nations launch an international enquiry into a tragic train fire in Dhaka city on Friday night.BNP senior joint secretary general Ruhul Kabir Rizvi on Saturday termed the incident mysterious, calling...

Eight train fire victims in critical condition

FE Report | 2024-01-07 00:00:00

The condition of eight people injured in Friday night's train fire in the city's Gopibagh area was stated to be critical.Giving names of two patients, Asif Mohammad Khan and Nafiz Alam, chief coordinator of Sheikh Hasina National Burn and Plastic...