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The Financial Express

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India empowers agencies to snoop on computers

India empowers agencies to snoop on computers

Reuters 2018-12-22 11:33:58

India has authorised 10 federal government agencies to intercept and monitor information from any computer, a move opposition parties said on Friday risked creating a “surveillance state”....

WB likely to use new reference rate from next year

WB likely to use new reference rate from next year

Syful Islam 2018-12-22 10:01:51

The World Bank (WB) is likely to adopt a new reference rate from next year in calculating the interest of its high-cost loans, officials have said. Presently, the interest rate of WB's high-cost loan...

Cos spend 435 hrs on tax payments in BD!

Cos spend 435 hrs on tax payments in BD!

Mehdi Musharraf Bhuiyan 2018-12-22 09:56:31

A company, on an average, has to spend around 435 hours to comply with tax payments each year in Bangladesh, according to a recent global report. The length of time for tax payments in Bangladesh is...

Pictures reveal 'winter wonderland' on Mars

Pictures reveal 'winter wonderland' on Mars

-- 2018-12-21 20:55:59

Earth's North Pole is famous for its snowy climes - and for hosting Santa's workshop, of course. But as this picture reveal, it's not the only planet with snow scenes this holiday season. The Korole...

Scientists discover 10 new plants in 2018

Scientists discover 10 new plants in 2018

BBC 2018-12-21 17:38:04

Plant collectors have searched for the hidden wonders of the plant world for centuries. Yet plants that are new to science are still being described, at a rate of about 2,000 a year. Scientists at th...

FCC fines Swarm $900,000 for unauthorised satellite launch

FCC fines Swarm $900,000 for unauthorised satellite launch

-- 2018-12-21 13:45:07

A company called Swarm Technologies Inc in US will pay a $900,000 fine for launching and operating four small experimental communications satellites that risked “satellite collisions” and...

WB trims Philippines growth forecast for 2018, 2019

WB trims Philippines growth forecast for 2018, 2019

-- 2018-12-21 12:53:40

The World Bank (WB) said on Friday that it has downgraded its growth projections for the Philippines to 6.4 per cent in 2018 and 6.5 per cent in 2019 "to reflect recent economic trends." These new fo...

Record 6.5m workers sent abroad in 10 years

Record 6.5m workers sent abroad in 10 years

-- 2018-12-20 18:39:50

Manpower exports witnessed a record rise over the last ten years as more than 6.5 million workers went abroad with jobs and the country received $133.5 billion remittance since 2009. “We’...

Elon Musk unveils LA transport tunnel

Elon Musk unveils LA transport tunnel

-- 2018-12-20 13:10:56

Entrepreneur Elon Musk has unveiled a prototype underground tunnel in Los Angeles which is designed to transport cars at high speed around the city. The tunnel is only a mile (1.6km) long at the mome...

PBOC continues fund injection, rates unchanged

PBOC continues fund injection, rates unchanged

-- 2018-12-20 12:27:54

The People's Bank of China (PBOC) continued to inject liquidity into the money market through reverse repos Thursday with rates unchanged despite a US interest rate hike overnight. It conducted 120 b...

SoCBs’ NPL: Finance ministry to make review next week

SoCBs’ NPL: Finance ministry to make review next week

Syful Islam 2018-12-20 10:43:32

In the wake of widespread criticism over mounting non-performing loans (NPL) in the banking system, the finance ministry is going to hold a meeting next week to review the situation, officials said....

Fed raises interest rates, signals more hikes ahead

Fed raises interest rates, signals more hikes ahead

Reuters 2018-12-20 10:41:44

After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, the US central bank instead did it again, and stuck by a plan to keep withd...

Asia's central banks have almost no reasons to hike rates in 2019

Asia's central banks have almost no reasons to hike rates in 2019

Reuters 2018-12-20 10:22:25

Weaker economic growth and tepid price pressures in Asia will leave central banks in the region with few reasons to tighten policy next year — especially as US rate hikes slow — unless a n...

BD economy witnesses 'rise and rise': Nikkei Asian Review

BD economy witnesses 'rise and rise': Nikkei Asian Review

-- 2018-12-19 20:12:11

Japan-based global economic journal Nikkei Asian Review has said Bangladesh continued to witness 'rise and rise' with booming economy. The journal made the statement in its cover story titled 'The ri...

Tea plants can send chemical "Mayday" during pest attacks

Tea plants can send chemical "Mayday" during pest attacks

-- 2018-12-19 14:43:09

Chinese researchers have found that tea plants can send a chemical "Mayday" signal during pest attacks and the signal can be received by neighbouring plants so they can fortify their defences. Previo...

Japan posts goods trade deficit of $6.56b in Nov

Japan posts goods trade deficit of $6.56b in Nov

-- 2018-12-19 12:31:04

Japan logged a goods trade deficit in November, the government said in a report on Wednesday. According to the Finance Ministry, the country posted a goods trade deficit of 737.3 billion yen (6.56 bi...

Trump warns Federal Reserve against 'another mistake'

Trump warns Federal Reserve against 'another mistake'

-- 2018-12-18 20:18:18

US President Donald Trump has warned the Federal Reserve not to “make yet another mistake” ahead of an expected interest rate hike. Trump made the remarks on twitter on Tuesday to put pre...

UK economy likely to hit nine-year low

UK economy likely to hit nine-year low

-- 2018-12-18 14:07:06

British economic growth this year and in 2019 looks set to be the nine years low, due to a freeze in business investment and weak consumer demand ahead of Brexit, the BCC said. The British Chambers o...

EC asks Italy to cut €2.5-3b to clear budget with EU

EC asks Italy to cut €2.5-3b to clear budget with EU

-- 2018-12-18 13:53:33

The European Commission (EC) has asked Italy for a further €2.5 billion-€3 billion ($3.40 billion) in savings before approving the country’s 2019 budget, Corriere della Sera daily r...

US petroleum exports jumps in recent years: EIA

US petroleum exports jumps in recent years: EIA

-- 2018-12-18 13:34:46

The petroleum exports of United States have increased in recent years, the US Energy Information Administration (EIA) said in a report on Monday. The EIA said in its latest Petroleum Administratio...

Twitter warns of ‘unusual activity’ from China, Saudi Arabia

Twitter warns of ‘unusual activity’ from China, Saudi Arabia

-- 2018-12-18 11:08:59

Twitter has warned of ‘unusual activity’ from China and Saudi Arabia related to a bug in a help form. The bug - discovered on 15 November and fixed the day after - could have revealed the...

BB eases farm loan policy

BB eases farm loan policy

Siddique Islam 2018-12-18 09:51:53

Bangladesh Bank (BB) issued a fresh rescheduled policy on short-term agriculture loans on Monday aiming to boost production through facilitating farmers across the country, officials said. Under the...

Euro rebounds ahead of Fed meeting

Euro rebounds ahead of Fed meeting

-- 2018-12-17 19:00:00

The euro recovered nearly half a per cent from recent lows on Monday as the dollar slipped, with traders reluctant to push the US currency much higher before the Federal Reserve’s policy meeting...

Singapore's NODX declines by 2.6pc in Nov

Singapore's NODX declines by 2.6pc in Nov

-- 2018-12-17 13:22:05

The total non-oil domestic exports (NODX) of Singapore declined by 2.6 per cent in November from the high base a year ago, after the recalculated 8.2 per cent year-on-year growth in October. Accordin...

HQ Trivia, Vine app co-founder Colin Kroll found dead

HQ Trivia, Vine app co-founder Colin Kroll found dead

-- 2018-12-17 10:50:41

The co-founder of the popular app HQ Trivia, Colin Kroll, has been found dead in his apartment in New York at the age of 34. The CEO, who also co-founded the video platform Vine, was found by police...

Parker Solar Probe captures closest ever image of Sun's surface

Parker Solar Probe captures closest ever image of Sun's surface

-- 2018-12-16 18:52:14

  WASHINGTON, Dec 16: NASA's Parker Solar Probe recently dove deeper into the sun's atmosphere than any spacecraft before. And it has the photos to prove it. Its approach brought it within 15 m...

Israel's tech sector faces challenge from shortage of workers

Israel's tech sector faces challenge from shortage of workers

-- 2018-12-16 17:52:22

Israel is struggling to recruit enough workers to its technology sector, a report showed on Sunday, creating a challenge for an industry seen as the country’s main potential driver of economic g...

A review of China-US trade war in 2018

A review of China-US trade war in 2018

-- 2018-12-16 17:45:43

There is no doubt that the China-US trade war was one of the biggest stories of 2018. The tit-for-tat tariffs levied between the world's two largest economies have put the global supply chain and trad...

Finland cuts debt for the first time in decade

Finland cuts debt for the first time in decade

-- 2018-12-16 17:39:07

Finland has canceled planned bond auctions for the remainder of the year and is on course to cut debt in 2018 for the first time in a decade, the finance ministry said on Sunday, according to Reuters....

Software bug may have exposed photos from 7.0m Facebook users

Software bug may have exposed photos from 7.0m Facebook users

-- 2018-12-16 17:00:15

  Facebook's privacy controls have broken down yet again, this time through a software flaw affecting nearly 7 million users who had photos exposed to a much wider audience than intended, report...