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China economic growth slumps to weakest since 2009

China economic growth slumps to weakest since 2009

-- 2018-10-19 10:41:07

China’s economic growth cooled to its weakest pace since the global financial crisis in the third quarter, raising pressure on Beijing to step up policy support as a years-long campaign to tackl...

BB relaxes rules for intra-firm forex loans

BB relaxes rules for intra-firm forex loans

Siddique Islam 2018-10-19 10:06:30

The central bank has relaxed regulations for local industries in export processing and economic zones to get short term foreign currency loans from their sister concerns. Under the relaxed provision,...

Facebook shareholders want Zuckerberg out

Facebook shareholders want Zuckerberg out

-- 2018-10-18 13:55:45

Several Facebook shareholders want Chief Executive Officer Mark Zuckerberg removed as chairman amid numerous privacy scandals faced by the social media company. State treasurers from Illinois, Rhode...

Japan posts $1.2b trade surplus in September

Japan posts $1.2b trade surplus in September

-- 2018-10-18 10:49:19

Japan recorded a trade surplus for September of $ 1.2 billion (139.6 billion yen), but exports fell 1.2 per cent from the previous year in the first decline for the world’s third largest econo...

Twitter releasing 2016 US election meddling data

Twitter releasing 2016 US election meddling data

-- 2018-10-18 10:44:44

Twitter is releasing all known accounts and posts related to "information operations" dating back to 2016, when it was first learned that foreign operators were using social media to meddle in US elec...

BD to push for connectivity, trade deals with Russia

BD to push for connectivity, trade deals with Russia

FHM Humayan Kabir 2018-10-18 09:40:53

Bangladesh will press for establishing direct connectivity and trade arrangements with Russia at an upcoming bilateral meeting in Moscow next week, officials said on Wednesday. Dhaka will also reques...

'Concentration on Dhaka hurting growth'

'Concentration on Dhaka hurting growth'

FE Report 2018-10-18 09:34:40

Excessive concentration of population and economic activities in Dhaka is impeding the growth of Bangladesh, experts cautioned at a seminar in the capital on Wednesday. The country's suburban areas,...

Google lifts ban on alternative versions of Android

Google lifts ban on alternative versions of Android

-- 2018-10-17 20:19:42

Google is dropping restrictions it imposed on Android-device-makers, following a clash with the EU. It is ending a ban on manufacturers having a line-up that includes tablets and phones powered by al...

Epic Games sues Fortnite cheat

Epic Games sues Fortnite cheat

-- 2018-10-17 16:48:24

A YouTube gamer who posted videos of himself cheating at Fortnite is being sued by its developer Epic Games. Brandon Lucas has attracted 1.7 million subscribers to his Golden Modz channel, where he p...

Longway AI, General Vision team up on Cognitive SSD

Longway AI, General Vision team up on Cognitive SSD

FE Online Desk 2018-10-17 15:22:32

Longway AI Technologies (Singapore) and General Vision - one of the top 10 Artificial Intelligence companies in the world - have signed a research collaboration agreement to develop a Cognitive S...

B’desh scientists come up with foot-and-mouth livestock vaccine

B’desh scientists come up with foot-and-mouth livestock vaccine

FE Report 2018-10-17 13:23:57

Bangladeshi scientists have recently developed a new vaccine for livestock to prevent foot-and-mouth disease. The vaccine is expected to help boost the country's livestock sector as it incurs a loss...

World Cup added $14b to Russian economy, say organisers

World Cup added $14b to Russian economy, say organisers

Agencies 2018-10-17 11:23:23

The 2018 World Cup added more than $14 billion to the Russian economy, more than one percent of the country's gross domestic product, tournament organisers said in Doha on Tuesday. The figure was rev...

BIMSTEC FTA: Dhaka differs with Delhi over rules of origin

BIMSTEC FTA: Dhaka differs with Delhi over rules of origin

Syful Islam 2018-10-17 09:42:17

Bangladesh has largely differed with India's proposal for the value addition requirement for 22 more products under the proposed BIMSTEC free trade area (FTA) agreement, officials said. The disagreem...

Bangladesh maintains steady progress in tackling hunger: GHI

Bangladesh maintains steady progress in tackling hunger: GHI

-- 2018-10-16 21:31:04

The country has maintained a steady progress in tackling hunger as it has improved position in the 2018 Global Hunger Index (GHI). According to the 2018 GHI, Bangladesh moved by two notches to 88th p...

BERC not to raise gas prices now

BERC not to raise gas prices now

-- 2018-10-16 19:49:18

Considering the present situation, Bangladesh Energy Regulatory Commission (BERC) has decided not to raise the gas prices. The BERC announced the decision at a press conference at its office in Dhaka...

US budget deficit hits six-year high of $779b

US budget deficit hits six-year high of $779b

-- 2018-10-16 13:49:46

The US budget deficit rose to 779 billion US dollars in the fiscal year 2018 (FY 2018) ending Sept. 30, the highest since 2012, according to the US Treasury Department report. US government spendin...

Google latest to withdraw from Saudi confce

Google latest to withdraw from Saudi confce

-- 2018-10-16 13:42:55

Alphabet’s Google has become the latest company to drop out of a business conference in Saudi Arabia. Pressure has mounted on Saudi Arabia since prominent Saudi journalist Jamal Khashoggi, a...

Facebook to ban misinformation on voting in upcoming US elections

Facebook to ban misinformation on voting in upcoming US elections

-- 2018-10-16 13:26:24

Facebook Inc will ban false information about voting requirements and fact-check fake reports of violence or long lines at polling stations ahead of next month’s US midterm elections, company ex...

Microsoft co-founder Paul Allen dies at 65

Microsoft co-founder Paul Allen dies at 65

-- 2018-10-16 11:06:56

Paul Allen, who co-founded Microsoft, has died aged 65 from complications of non-Hodgkin's lymphoma. He had revealed the disease's return only two weeks ago, after previously being treated for it in...

FDI inflow rises in BD amid global fall in Jan-Jun

FDI inflow rises in BD amid global fall in Jan-Jun

Asjadul Kibria 2018-10-16 10:20:28

The inflow of foreign direct investment (FDI) globally declined sharply in the first half of the current calendar year. The amount is estimated at $470 billion in the January-June period of 2018 whil...

BB relaxes terms on holding foreign loan collaterals

BB relaxes terms on holding foreign loan collaterals

FE Report 2018-10-16 10:12:24

The commercial banks are now allowed to hold collaterals on behalf of the on-resident lenders against external loans, availed by the state entities, without prior approval from Bangladesh Bank (BB)....

July-Aug trade gap reaches $2.11b

July-Aug trade gap reaches $2.11b

Siddique Islam 2018-10-15 09:42:31

Bangladesh's trade deficit crossed US$ 2.0 billion in the first two months of the current fiscal year (FY), 2018-19, mainly due to its higher import payments than lower export receipts, officials said...

BOJ's Kuroda warns of darkening global prospects

BOJ's Kuroda warns of darkening global prospects

-- 2018-10-14 15:31:43

Escalating trade tension, emerging market turbulence and huge debt piling up in some countries pose risks to the world economy, Bank of Japan Governor Haruhiko Kuroda said on Sunday, his strongest war...

Jack Ma to open tech institute in Indonesia

Jack Ma to open tech institute in Indonesia

-- 2018-10-14 13:39:44

Jack Ma, executive chairman of China’s Alibaba Group Holding, said he plans to open an institute to train thousands of tech entrepreneurs in Indonesia, where he is already an adviser to the gove...

ECB should keep policy options open regardless of Fed

ECB should keep policy options open regardless of Fed

-- 2018-10-14 12:32:25

The European Central Bank should keep its policy options open and not let itself be influenced by the Federal Reserve, ECB policymaker Francois Villeroy de Galhau said on Sunday. Encouraged by a reco...

India's retail inflation picks up in September

India's retail inflation picks up in September

-- 2018-10-13 15:16:16

India’s retail inflation rose marginally in September, nudged up by food and fuel prices, but short of the Reserve Bank of India’s 4.0 per cent medium-term target, strengthening views it c...

29m Facebook users victims of data breach, says company

29m Facebook users victims of data breach, says company

-- 2018-10-13 14:05:49

Cyber attackers stole data from 29 million Facebook accounts using an automated program that moved from one friend to the next, Facebook Inc announced on Friday, as the social media company said its l...

India’s forex reserves down by $915.8m to $399.609b

India’s forex reserves down by $915.8m to $399.609b

-- 2018-10-13 13:14:09

The foreign exchange reserves of India has declined by $915.8 million US dollar to $399.609 billion US dollar in the week to October 5 on account of a fall in foreign currency assets, according offi...

Saudi Arabia deports over 500 BD migrants in 15 days

Saudi Arabia deports over 500 BD migrants in 15 days

Arafat Ara 2018-10-13 09:56:18

Bangladeshi workers have kept returning from Saudi Arabia in an increasing number since the kingdom started deporting the undocumented migrants, sources said. Statistics at the Probasi Kalyan Desk at...

LDC graduation: Project to devise strategy for 'smooth transition'

LDC graduation: Project to devise strategy for 'smooth transition'

Mehdi Musharraf Bhuiyan 2018-10-13 09:49:11

Amid concerns over possible impacts of losing LDC benefits, the government is crafting a 'transition strategy' for 'smooth graduation' from the country's least-developed country status. Officials sai...