The government yesterday appointed managing directors (MDs) to state-run Sonali, Agrani and Rupali banks. The Ministry of Finance asked the board of directors…

The country's largest digital expo - Digital World 2016 - will be held in the capital on October 19-21 to showcase the technology-based innovations…

Engineer Khaled Mahmood took over the charge as new chairman of Bangladesh Power Development Board (PDB) yesterday. Prior to the new appointment, he was…

AFP, SINGAPORE: Oil prices eased in Asia yesterday as doubts emerged that Saudi Arabia and other major producers would reach an agreement to freeze output during a meeting next month. Members of the Organization of Petroleum Exporting Countries (OPEC) as well as non-members are scheduled to meet…

AFP, SYDNEY: BHP Billiton yesterday reported an annual net loss of $6.39 billion, its worst-ever result, as the impact of a mine dam disaster in Brazil…

AFP, BEIJING: China leads the world in connecting everyday devices to the internet, but is creating huge hacking vulnerabilities for itself and others…

AFP, PARIS: The global Pokemon Go craze has prompted a slew of complaints, from memorial sites arguing it’s disrespectful to play there to…

Stock market was steady yesterday for the third consecutive session with rising participation of investors particularly around large-cap stocks, reports BSS. The broader DSEX index of Dhaka Stock Exchange (DSE) added 9.17 points yesterday to finish at 4586.25 when the Shariah DSES followed it with marginal…

AFP, CAIRO: Egypt hopes a $12-billion financing deal with the IMF will usher in an economic turnaround but real progress hinges on a tough reform package avoided for decades to stave off unrest. The financing over three years—deemed an endorsement to attract more foreign aid—would go together…

AFP, SHANGHAI: Chinese banks' net foreign exchange sales surged nearly 150 per cent month-on-month in July, the government said on Tuesday, suggesting strong demand for hard currency as the country's yuan weakens. The banks sold $143 billion worth of foreign exchange last month and bought $111.3…

AFP, LONDON: Britain's annual inflation rate edged higher last month, official data showed Tuesday, and is set to climb further as a weak pound caused by the Brexit vote raises import prices. The 12-month Consumer Price Index rose by 0.6 per cent in July, the Office for National Statistics said…

AFP, JAKARTA: Indonesian airlines have been cleared to fly to the United States after regulators there scrapped a nearly decade-long ban imposed for safety reasons, an official said Monday. US transport officials said in a letter Indonesia's aviation sector had met international standards and its…

AFP, TOKYO: The dollar slumped yesterday as dealers awaited the release of minutes from the Federal Reserve's last meeting, while an overnight jump in oil prices lifted emerging Asian currencies. The US central bank is on Wednesday due to release minutes of its July 26-27 meeting, when it left…