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Death toll hits 126 in Japan quake

2024-01-07 00:00:00

SHIROMARU (Japan), Jan 06 (AFP): Rescuers and residents sifted through rubble Saturday as their focus turned to recovering bodies and cleaning up rather than finding survivors, five days after a huge earthquake struck central Japan and killed at least 126...

Blinken tackles Gaza, NATO expansion with Erdogan

2024-01-07 00:00:00

ISTANBUL, Jan 06 (Agencies): Washington's top diplomat discusses the Gaza war with Turkey's mercurial leader on Saturday before flying to Crete to address Greek worries about the looming sale of US fighter jets to Ankara.US Secretary of State Antony Blinken...

Textbook festival at Milestone College

2024-01-07 00:00:00

Textbook festival was held at Milestone College and Milestone Preparatory KG School in the capital on the first day of the new year in a joyful atmosphere as elsewhere across the country, according to a press release.Principal of Milestone College...

Bright future for BD freelancers in global market

2024-01-07 00:00:00

FE Youth DeskIn the evolving landscape of Bangladesh's IT sector, a remarkable surge of freelancers has silently emerged, transcending geographical boundaries. According to the World Trade Organization (WTO) report titled 'World Trade Report 2023', Bangladesh currently hosts 14 percent of...

Navigating success through psychological safety and failing well

IFTEKHARUL ISLAM | 2024-01-07 00:00:00

Amy Edmondson's Right Kind of Wrong: The Science of Failing Well challenges conventional perspectives on failure, providing a nuanced framework to think, discuss, and practice failure wisely. The book explores transformative concepts, covering the archetypes of failure, the science of...

Remote job is a reality now

TAZRIAN IQBAL | 2024-01-07 00:00:00

The 9-to-5 grind has long been the quintessential marker of corporate conformity and routine. But fear not, my dear readers, for the tides of time have swept away the monotony and brought in remote work, an era where the boundaries...

Protecting the Sundarbans--

2024-01-07 00:00:00

Bangladesh is a disaster-prone country. In coastal areas, deadly cyclones accompanying tidal surges are a regular phenomenon in the country. Every time, a powerful cyclone hits us, the Sundarbans appears as our saviour by taking the first blows of these...

Criminals setting fire to train must face justice

2024-01-07 00:00:00

The arson attack on Benapole Express train which led to the death of at least four passengers, including three members of a family, is an appalling act of crime. Locals were terrified to see four carriages of the train from...

What foreign office needs to do in 2024

2024-01-07 00:00:00

In the present-day world, the prime task of the diplomats is to work for promoting trade and development. As the country's economy is now facing many odds, primarily due to global turmoil, this task has become more important.Bangladesh's economy has...

Election, economic growth in BD

Asjadul Kibria | 2024-01-07 00:00:00

Is there any strong correlation between national elections and economic growth? The answer is yes, although, in many cases, it is difficult to establish the correlation supported by adequate evidence and statistics. The most popular tool to explain the relationship...

An election amidst political stalemate and worries

2024-01-07 00:00:00

The nation goes to 12th parliamentary polls today (Sunday) amidst an unprecedented political standoff. More than 119 million people, nearly half of whom are women, are supposed to exercise their voting rights in an election boycotted by the Bangladesh Nationalist...

Rising inflation, international trade and Bangladesh

Muhammad Mahmood | 2024-01-07 00:00:00

Inflation is a sustained increase in the general price level in a country usually measured at the retail level using what is normally called the Consumer Price Index (CPI). The annual rate of changes in this price level, measured by...

Luxury in time of austerity

Syed Mansur Hashim | 2024-01-06 12:00:00

At a time when national media have been crying hoarse about the sorry state of the economy, some news slip through the cracks and this is one of them. According to a report published in this newspaper recently, import of...

Prayer Timings (2024-01-06)

2024-01-06 00:00:00

OPEC+ monitoring committee to hold online meeting on Feb 1

2024-01-06 00:00:00

MOSCOW, Jan 4 (TASS) : The OPEC+ Joint Ministerial Monitoring Committee's next meeting is scheduled for February 1 in order to focus on the situation in the oil market and will be held virtually, a source in one of the...

Ford US vehicle sales neared two million in 2023

2024-01-06 00:00:00

NEW YORK, Jan 5 (AFP) : Auto giant Ford sold almost two million vehicles in the United States last year, the company said Thursday, buoyed by accelerating electric vehicle sales and continued growth in internal combustion engine trucks.These figures represented...

Tesla to recall 1.6 million cars in China to fix steering software: Regulator

2024-01-06 00:00:00

BEIJING, Jan 5 (AFP) : Tesla is recalling more than 1.6 million electric vehicles in China, the country's market regulator said Friday, owing to software issues that could pose safety risks while driving.The recall-sparked by the discovery of problems with...

US private sector hiring up more than expected in December

2024-01-06 00:00:00

WASHINGTON, Jan 5 (AFP) : The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.The world's top economy saw...

BGMEA election on March 9 --

2024-01-06 00:00:00

A three-member election board and a three-member election appeal board have been formed as part of the process for the upcoming BGMEA elections 2024-2026,reports UNB.The boards have been formed following the decision made during the 9th emergency board meeting held...

Uttara Bank opens Madhupur and Jibannagar sub-branches

2024-01-06 00:00:00

Mohammed Rabiul Hossain, Managing Director & CEO of Uttara Bank PLC has inaugurated its 36th sub-branch named 'Madhupur Sub Branch' at Madhupur, Tangail and 37th sub-branch named 'Jibannagar Sub Branch' at Jibannagar, Chuadanga recently. Deputy Managing Directors Maksudul Hasan, Md...

UN makes somber global economic forecast for ‘24

2024-01-06 00:00:00

UNITED NATIONS, Jan 05 (AP) : The United Nations issued a somber global economic forecast for 2024 on Thursday, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters. In its flagship economic...

Asia-Pacific markets mixed ----

2024-01-06 00:00:00

Asia-Pacific markets were mixed on Friday, after falling for the first few trading days of the New Year, with most markets clocking declines at the end of the first week of this year, reports CNBC.Most markets in Asia fell for...

Robosense shares fall on debut in first Hong Kong IPO of 2024

2024-01-06 00:00:00

Shares of Alibaba-backed Robosense Technology fell 2 per cent on its Friday debut in the first new listing on the Hong Kong stock exchange this year, report CNBC.Robosense, a Chinese developer of laser imaging, detection and ranging (LiDAR) sensors for...

Asian equities attract largest inflows in 7 years as cenbanks shift monetary policy

2024-01-06 00:00:00

Asian equities attracted their biggest inflows in seven years in 2023, encouraged by major central banks' deceleration in rate hikes to prioritise economic stimulation amid diminishing inflation worries, reports Reuters.Central banks only moderated the pace of their rate hikes last...

Global money market funds see big demand

2024-01-06 00:00:00

Investors moved hefty amounts into global money market funds in the seven days leading to Jan. 3 as caution set in ahead of key US employment reports which may influence expectations of Federal Reserve rate cuts, reports Reuters.According to LSEG...

IPO subscriptions of two cos open this month

FE REPORT | 2024-01-06 00:00:00

After a dismal performance in 2023, the primary market may get a boost this year as two companies -- Best Holdings and NRB Bank -- are going to raise funds through initial public offering (IPO) in the first month of...

Stocks extend losses to start 2024

FE REPORT | 2024-01-06 00:00:00

Stocks continued to limp through the first week of the New Year, extending the losing streak for the third straight week, as investors kept their investment plans on hold ahead of the national election scheduled for tomorrow.According to analysts, political...

Copper edges up as supply headwind counters Fed rate cut outlook

2024-01-06 00:00:00

BEIJING, Jan 5 (Reuters): Copper prices edged up on Friday, underpinned by supply concerns of the metal, which offset shifting investor expectations of the U.S. Federal Reserve's interest rate cuts.Three-month copper on the London Metal Exchange CMCU3 rose 0.2% to...

Soybeans set for third straight weekly loss on Brazilian rains

2024-01-06 00:00:00

SINGAPORE, Jan 5 (Reuters): Chicago soybean futures edged higher on Friday, but the market was on track for a third weekly decline as much needed rains across Brazil and forecasts for more wet weather eased concerns over yield losses.Corn and...

Oil prices rise on Middle East tensions

2024-01-06 00:00:00

LONDON, Jan 5 (Reuters): Oil prices gained on Friday, as U.S. Secretary of State Antony Blinken prepared to visit the Middle East to try and prevent the Israel-Gaza conflict from widening.Brent crude futures were up 44 cents, or 0.57%, to...