The Securities and Exchange Commission on Wednesday decided to file criminal case against RN Spinning Mills as the company submitted fake documents to the commission during an investigation. Full story
Bangladesh Bank on Wednesday launched guidance notes on money laundering and terrorist financing prevention asking all the financial institutions to take a host of measures including formation of central compliance units.Full story
The Malibagh kitchen market was declared formalin-free on Wednesday as part of the Federation of Bangladesh Chamber and Commerce Industry initiative to stop use of the hazardous chemical on fish and vegetables. The apex chamber body...Full story
The e-payment system has drawn great attention of taxpayers in paying tax online in the third weeklong income tax fairs in 18 districts as more than 4,000 people registered in just four days for getting the services in easy, hassle-free and secured way. Full story
Dhaka stocks gained for the second day on Wednesday with the turnover of the bourse hit a 14-month high at Tk 1,288.42 crore as investors remained hopeful about the World Bank loan for the Padma bridge.Full story
Oil prices were mixed in Asia trade Wednesday as euphoria sparked by the US Federal Reserve's fresh stimulus plan began to ebb, analysts said. Investors have now switched focus to demand worries owing to signs...Full story
Japan Airlines marked a spectacular return from bankruptcy when its shares soared in early trade after relisting in Tokyo Wednesday, three years after it became one of the nation's worst ever failures.Full story
The dollar soared against the yen in Asia on Wednesday as the Bank of Japan announced additional monetary easing, boosting an asset-purchasing fund by 10 trillion yen ($128 billion) to 80 trillion yen.Full story
Bay Leasing & Investment Mofizur Rahman, one of the sponsors of the company, has expressed his intention to sell 5,00,000 shares out of his total holding of 5,02,200 shares of the company at prevailing market...Full story
Business sentiment among Asia’s top companies fell for the second straight quarter, dragged down by export-orientated economies such as China and Japan, while domestic spending helped boost Southeast Asia’s outlook, a Thomson Reuters/INSEAD...Full story
Government subsidies for farmers in OECD countries have fallen by half over 40 years, reaching the lowest levels since the mid-1980s, a report showed on Wednesday. But the fall reflected a rise of food prices rather...Full story
Asia-Pacific has overtaken North America as home to the most millionaires for the first time, boosted by a rise in the number of wealthy in China and Japan, a report released on Wednesday showed. The region had 3.37 million high net worth individuals...Full story
China’s Alibaba Group said it bought back half the stake Yahoo Inc owned in the company for about $7.6 billion, moving closer to an initial public offering, reports Reuters. Alibaba said it paid Yahoo about $6.3 billion...Full story
The four-day construction materials exhibition ‘15th Con-Expo Bangladesh 2012’ will begin at the Bangabandhu International Conference Centre in the capital on September 26.Full story
Grameenphone Ltd and Fiber @ Home Ltd have recently signed an agreement under which Fiber @ Home will provide and maintain connectivity service for Grameenphone. Grameenphone chief executive officer...Full story