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Richest 1% to own more than rest of world: Oxfam

Richest 1% to own more than rest of world: Oxfam

Wealth amassed by the richest 1% will overtake the amount owned by the rest of the people in the world,…


Tk 1, 2 notes will be withdrawn from market: Muhith Tk 1, 2 notes will be withdrawn from market: Muhith

The government will withdraw notes of Tk 1 and 2 and leaving Tk 5 as the lowest note, says Finance Minister…


MOL-Operated Containership Aground in Japan MOL-Operated Containership Aground in Japan

Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) reports that the MOL-operated containership…


Progress recognized, needs more labour rights to regain trade benefits Progress recognized, needs more labour rights to regain trade benefits

WASHINGTON: A USTR-led interagency review has concluded that while Bangladesh has made progress over…


Blackberry shares soar 30% on Samsung offer report Blackberry shares soar 30% on Samsung offer report

SEOUL: A report that Korean smartphone giant Samsung had offered to buy struggling rival BlackBerry…


Tullow Oil takes $2.2bn hit from oil price collapse Tullow Oil takes $2.2bn hit from oil price collapse

LONDON: Tullow Oil is to write off $2.2bn (£1.45bn) as a direct result of the oil price collapse.…


India cuts interest rates in a surprise move India cuts interest rates in a surprise move

NEW DELHI: India's central bank made a surprise move on Thursday to cut its interest rate to 7.75%,…


WB projects 6.2pc GDP growth in current FY WB projects 6.2pc GDP growth in current FY

The World Bank has estimated that Bangladesh will achieve a 6.2 percent GDP growth in the current fiscal…


EU lawyer approves ECB bond buying programme EU lawyer approves ECB bond buying programme

A top EU lawyer has said that the European Central Bank's bond buying programme is legal. According…


The man who opened India\'s first call centre The man who opened India\'s first call centre

In the late 1990s Indian entrepreneur Pramod Bhasin had an idea: why couldn't English speaking Indians…


Low inflation should not be feared, says George Osborne

Low inflation should not be feared, says George Osborne

The sharp fall in the UK inflation rate should not be feared, Chancellor George Osborne will say in…


World Bank cuts 2015 forecast for global economy

World Bank cuts 2015 forecast for global economy

Washington: The World Bank, citing stagnation in Europe and Japan and a slowdown in China, downgraded…


CSL’s Atlantic Erie Aground off Quebec CSL’s Atlantic Erie Aground off Quebec

Self-discharging bulk carrier Atlantic Erie, owned by Canada Steamship Lines (CSL), ran aground on Sunday…


US West Coast Ports Facing Complete Gridlock US West Coast Ports Facing Complete Gridlock

The US West Coast port operations are approaching complete gridlock which may result in shutdown of…


U.S. retakes the helm of the global economy U.S. retakes the helm of the global economy

WASHINGTON: The U.S. is back in the driver’s seat of the global economy after 15 years of watching…


UK drug firm Shire to buy US rival in $5.2bn deal UK drug firm Shire to buy US rival in $5.2bn deal

LONDON: UK pharmaceutical company Shire has clinched a deal to buy US biotech firm NPS Pharmaceuticals…


‘Only 45%’ to get full UK state pension ‘Only 45%’ to get full UK state pension

LONDON: Only 45% of new pensioners will be entitled to the full, new, flat-rate state pension in the…


Oil price falls 3% to new six-year low Oil price falls 3% to new six-year low

The price of Brent crude oil has fallen, further taking it to a new six-year low. The price of a barrel…


BB injects BDT 27.36bn, withdraws BDT2.0bn BB injects BDT 27.36bn, withdraws BDT2.0bn

The Bangladesh Bank (BB) injected BDT 27.36 billion in the market providing liquidity support facility…


Fluctuation hits DSE at early hours Fluctuation hits DSE at early hours

Dhaka Stock Exchange (DSE), the country’s main capital market, started trading with positive note…


Surplus GDP of 1.5% in 2015, predicts ADB
Surplus GDP of 1.5% in 2015, predicts ADB

Despite widespread political demonstrations in Bangladesh ahead of national elections in January 2014,…


Index at DSE and CSE drops on Sunday Index at DSE and CSE drops on Sunday

The stock index dropped low on the opening day of the week at both Dhaka Stock Exchange (DSE) and Chittagong…


Risk aversion keeps banks from funding SMEs, say experts Risk aversion keeps banks from funding SMEs, say experts

Commercial banks in the country are still reluctant to finance small and medium enterprises (SMEs) considering…


Warning: Stocks will collapse by 50% Warning: Stocks will collapse by 50%

It is only a matter of time before the stock market plunges by 50% or more, according to several reputable…


Brent crude oil price dips below $50 a barrel Brent crude oil price dips below $50 a barrel

The price of Brent Crude oil has fallen below $50 a barrel for the first time since May 2009. It fell…


PM congratulates Atiur for winning ‘Central Banker of the Year 2015’

PM congratulates Atiur for winning ‘Central Banker of the Year 2015’

Prime Minister Sheikh Hasina congratulated Bangladesh Bank Governor Atiur Rahman for winning ‘Central…


Euro touches a nine-year low against US dollar Euro touches a nine-year low against US dollar

The euro slid to a nine-year low against the dollar as investors predicted the European Central Bank…


Russia inflation hit 11.4% as rouble falls Russia inflation hit 11.4% as rouble falls

MOSCOW: Russia's annual inflation for 2014 will hit about 11.4%, according to initial estimates,…


Dhaka Int\'l Trade Fair begins today Dhaka Int\'l Trade Fair begins today

The 20th Dhaka International Trade Fair (DITF) began today (Friday) on the ground of Bangabandhu International…


Indian land-acquisition rules eased Indian land-acquisition rules eased

NEW DELHI: The Indian government issued an executive order to make it easier for companies to buy land…


IMF pressed to cancel debts of Ebola-hit countries IMF pressed to cancel debts of Ebola-hit countries

WASHINGTON: The International Monetary Fund is under mounting pressure to cancel the debts of the three…


Currency crisis poses Putin his biggest challenge Currency crisis poses Putin his biggest challenge

He crushed Chechnya's rebellion, pushed back Russia's frontiers and restored the pride of a…


Apple defeats $1bn court case alleging anti-competition Apple defeats $1bn court case alleging anti-competition

Apple has been found not guilty of engaging in anti-competitive behaviour by a jury in California. The…


Oil price falls further on IEA energy forecast Oil price falls further on IEA energy forecast

The price of oil has fallen further after the International Energy Agency forecast weaker demand in…


Chinese construction giant buys Australian building firm
Chinese construction giant buys Australian building firm

A Chinese construction giant is set to buy one of Australia's largest construction companies for…


DSE, CSE up at opening DSE, CSE up at opening

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours…


Industrial defaulted loans rise in  FY15 Industrial defaulted loans rise in FY15

Due to dull business, the defaulted loans in the industrial sector rised by 16.24 per cent in the first…


Should You Buy with Cash or with a Mortgage? Should You Buy with Cash or with a Mortgage?

We all know about the great tax benefits that are a result of financing your home. But, given the choice,…


Bangladesh aiming 50 bln USD exports roadmap
Bangladesh aiming 50 bln USD exports roadmap

DHAKA: A three-day apparel summit has began in Bangladesh capital Dhaka to draw up a road map nearly…

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