AFP, TOKYO: The dollar declined against the yen yesterday on expectations a US interest rate rise will be delayed while demand for safer assets increased on the back of volatile oil prices and worries about China’s economy. Concerns about the slowdown of Chinese growth kept the pressure on investors…

AFP, SINGAPORE: Trade-dependent Singapore narrowly avoided a technical recession in the third quarter, official estimates showed yesterday, but analysts said the city-state’s growth outlook remains subdued because of China’s slowdown. In a move to bolster growth, the Monetary Authority of…

AFP, NEW DELHI: India has been named the most attractive country for investment in a survey of more than 500 global investors published by accounting firm EY (Ernst & Young) yesterday. Thirty-two per cent of the 505 executives questioned said India was their favoured market for investment, with…

AFP, NEW YORK: US banking giant JPMorgan Chase reported a jump in third-quarter earnings Tuesday, as a large tax gain offset weaker performance in bond trading and some other businesses. Earnings for the quarter came in at $6.8 billion, up 22.3 per cent from the year-ago period. Revenues were down 6.4…

The benchmark index at the country’s premier bourse—Dhaka Stock Exchange (DSE) -- experienced a sharp fall to hit three months’ low yesterday after two consecutive sessions of gain, reports UNB.    The DSE key index, DSEX dropped 63.58 points or 1.33 per cent to close at…

AFP, NEW DELHI: Around 800,000 Indian pharmacies downed their shutters yesterday to demand a crackdown on online drug sales, which they say is unregulated…

AFP, SYDNEY: Australia’s multi-millionaire Prime Minister Malcolm Turnbull denied yesterday dodging tax by using havens in the Cayman Islands as his personal wealth came under the microscope in parliament. Turnbull, a former investment banker who lives in a luxury mansion in Sydney’s waterfront…

State Minister for Power, Energy and Mineral Resources Nasrul Hamid Bipu yesterday asked for Russian involvement and investment to establish a training institute for energy efficiency. During a meeting with Russian Ambassador to Bangladesh Alexander A Nikolaev at the secretariat, the state minister…

AFP, SINGAPORE: Oil prices rose in Asia yesterday but gains were capped by an International Energy Agency (IEA) report showing that the global crude oversupply will persist until next year. US benchmark West Texas Intermediate for November delivery was up 0.28 per cent to $46.79 in afternoon trade following…

To celebrate the 20 years of innovation and highlights of the future of Java, “JavaOne San Francisco 2015 Schedule and Keynote Lineup”, is scheduled to take place on October 25-29 at San Francisco, says a press release. Java serves as the critical backbone of both professional and personal…

AFP, LONDON: The number of unemployed Britons has fallen to the lowest level in seven years, while average wages grew in real terms, official data showed yesteday. The jobless total dipped by 79,000 to 1.77 million people between June and August, the Office for National Statistics said in a statement.…

AFP, HONG KONG: Worries about the slowdown in Chinese growth kept the pressure on Asian financial markets yesterday, with traders following their US and…

 The app market continues to evolve as developers and users explore the possibilities of mobile technology.  Here are four trends that could…

AFP, SAN FRANCISCO: Twitter said Tuesday it was slashing eight per cent of its workforce as newly returned chief executive Jack Dorsey outlined his “roadmap”…

AFP, MUMBAI: India’s Cafe Coffee Day chain launched the country’s largest stock market flotation in nearly three years yesterday, seeking…