AFP, TOKYO: The dollar broadly weakened against its Asian peers yesterday as investors jostle their positions ahead of a crucial US interest rate decision later this week. While the Federal Reserve is expected to lift borrowing costs before the end of the year, policymakers’ decisions have been…

AFP, SHANGHAI: China is promising reforms, mergers and even closures in its bloated state-owned businesses as it looks to bolster an economy causing global anxiety, but sceptical analysts said Monday that real change could take years. A slew of disappointing data from the world’s second-largest…

AFP, LONDON: World crude prices slid yesterday, pressured by the long-standing issue of oversupplies as OPEC cut a demand forecast for next year. US benchmark West Texas Intermediate for delivery in October shed $1.37 to $44.55 a barrel compared with Friday’s close. Brent North Sea crude for October…

AFP, NEW DELHI: India’s two main inflation indices eased further on yesterday, according to government data, hiking prospects of an interest rate cut later this month.   Retail inflation—the central bank’s benchmark—eased to 3.66 per cent in August against 7.03 per cent…

A week-long Income Tax Fair 2015 will begin tomorrow in an attempt to encourage people to pay income tax regularly. The National Revenue Board (NBR) is organising the fair from September 16-22 simultaneously in all divisional and district headquarters. NBR Chairman, Nojibur Rahman, made this disclosure…

Key share price indices at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnesses gain yesterday,…

AFP, PARIS: The OPEC oil cartel yesterday trimmed its forecast for global oil demand next year as emerging markets, which have been the motor of world…

  The collection of income tax in Barisal taxation division has increased by 49 per cent in last five years while the number of tax payers has gone up by 45 per cent during the same period, the local tax division said in a statement recently. According to the official of the division, the income…

Walton has recently launched new models of LED (Light Emitting Diode) televisions at competitive price on the occasion of Eid-ul-Azha, says a press release. The local company also increased the supply of its 32-inch smart TV featured with internet browsing, mobile sharing, Wi-Fi connectivity and so…

AFP, NEW DELHI:  India’s wholesale prices fell for a tenth straight month in August, government data showed yesterday, pulled down by falling fuel costs and hiking prospects of an interest rate cut. The Wholesale Price Index (WPI), an inflation indicator that measures the biggest basket of…

AFP, TOKYO: Toshiba yesterday reported a first-quarter loss of $102 million after sales fell to a two-and-half-year low, in a fresh blow to the Japanese conglomerate after a huge accounting scandal. A 140-year-old firm, which sells everything from vacuum cleaners to nuclear reactors, posted a net loss…

AFP, KUALA LUMPUR: Malaysia will inject up to $4.6 billion to bolster its stock market and will spend tens of millions of dollars on infrastructure projects…

Chorki, a Bangladeshi search engine, is a business-focused search engine, especially for local e-commerce, which incorporates local psychology, culture,…

AFP, JOHANNESBURG: As mining companies in resource-rich Africa bleed jobs due to plunging commodity prices, the ripple effect of redundancies has raised…

AFP, MOBILE: European jetmaker Airbus is taking its fight for a bigger market share to rival Boeing’s backyard yesterday, as it inaugurates its…