• RAB-police nexus to foil justice
  • A sadly familiar tale
  • Normalizing Torture – concluding part
  • Green Bangladesh
  • What could have been sixty five years on?
  • Poor people ‘deprived’ from robust health economy benefits
  • Shamsur Rahman: Poet of heart
  • This Eid that was
  • Almost no govt bank borrowing in July
  • Banks face rush in three-hour transaction
  • 2.5m Syrians need assistance: UN
  • 22 killed in pre-Eid Iraq attacks
  • Farhad in, Nazmul out
  • Argentina swat ten-man Germany
  • Train schedule collapses due to Rajshahi incident
  • Special security measures taken for Eid: Sahara
  • Extortion rampant in capital before Eid
  • BNP believes Ilias remains with govt, to return
  • Police report biased: rights activists
  • Three killed in Comilla road mishap
  • People stream out of city
  • Fishermen cannot fish hilsa in bay, estuaries
HOME  BUSINESS

Almost no govt bank borrowing in July

The government, which depended heavily on bank borrowings in the just concluded financial year, virtually did not borrow from the banking system in July, the first month of the current 2012-13 FY, rather it repaid... Full story

Banks face rush in three-hour transaction

Clients wait in a queue for banking at a private bank in Dhaka on Thursday. A large number of clients crowded the branches of the commercial banks that remained open for three hours in Dhaka and other areas with garment factories on Thursday, which was a public holiday on the occasion of Shab-e-Qadr. — Sourav Laskar
A large number of clients on Thursday crowded the branches of the commercial banks that remained open for three hours in Dhaka and other areas with garment factories. Officials of different banks told New Age that majority of their branches in Dhaka... Full story

Most SEC offsite supervisions remain ignored

A file photo shows investors trading shares at a brokerage house in Dhaka. Most of the offsite supervision reports submitted to the SEC remain ignored as only three staffs were designated to monitor more than 300 market intermediaries and their daily market performance. — New Age photo
Most of the offsite supervision reports submitted to the Securities and Exchange Commission remain ignored as only three staffs were designated to monitor more than 300 market intermediaries and their daily market performance. The function of the... Full story

StanChart eyes joint deal after backing down in US

Standard Chartered is pursuing a collective settlement with other US authorities after agreeing to pay $340 million to New York’s financial regulator under mounting pressure from shareholders. Full story

Foreign investment in China declines in July

Foreign direct investment in China fell 8.7 per cent in July, the government said Thursday, as the economy continues to feel the pinch of slowing global growth and the European debt crisis. Overseas companies invested $7.58 billion in factories... Full story

Asian markets mixed, yen boosts Tokyo

Asian markets were mixed on Thursday, with Tokyo the best performer as the yen weakened against the dollar owing to dimming expectations of fresh monetary easing by the US Federal Reserve. Full story

Oil prices stable after recent spike

Global oil prices held steady on Thursday as traders paused for breath after an overnight rally that was driven by signs of strong energy demand in the United States. Brent North Sea crude for delivery in September... Full story

US economic recovery weakest since World War II

The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression. Since World War II, 10 US recessions have been followed by a recovery that... Full story

India in dilemma over diesel price hike

A file photo shows employees manually filling containers with diesel during a power cut at a fuel station in New Delhi on July 31. — Reuters photo
Expect a popular backlash if the government raises diesel prices to halt the subsidy drain on its finances - not only from the millions of poor who need cheap fuel but from increasing numbers of the well-off and businesses who don’t. Faced with the risk... Full story

Samsung unveils new tablet to challenge iPad

A journalist uses the ‘S Pen’ with a Samsung Galaxy Note 10.1 at an unveiling event in New York on Wednesday. — Reuters photo
With the launch of its new tablet, unveiled in the United States, Samsung Electronics is looking to build on the popularity of its Note ‘phablet’, and expects key features such as a stylus-type pen and split-screen function to stand the new device... Full story

Global retailers to launch mobile app for payments

A bevy of big-name retailers including Wal-Mart Stores Inc, Best-Buy Co and Target Corp, are teaming up to create a company that will give customers another way to make purchases: with their cellphones. Full story


    Friday, August 17, 2012

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