Search results for: EC

NASA probe to fly closest to Sun

-- 2018-07-21 17:31:13

NASA is preparing to send a probe closer to the Sun than any other spacecraft has ventured, enduring wicked heat while zooming through the solar corona to study this outermost part of the stellar atmo...

Notorious hackers steal $1m in Russian bank raid

-- 2018-07-21 13:53:25

A notorious hacking gang has struck again, stealing almost £700,000 ($910,000) from a Russian bank, reports a cyber-security company. Group-IB was called in to help Russia's PIR Bank after it n...

Myanmar's foreign trade reaches $10.2b in three months

-- 2018-07-21 13:14:17

Myanmar's trade with foreign countries has reached $10.2 billion as of July 17 during the six-month transitional period which started in April, according to the figures of the Commerce Ministry Saturd...

Brazil cuts GDP growth forecast to 1.6pc

-- 2018-07-21 12:57:11

The Brazilian government has cut its forecast for gross domestic product (GDP) growth this year to 1.6 per cent from 2.5 per cent and raised the estimate for the inflation rate in 2018. The governm...

Manpower export to Singapore on downswing

Arafat Ara 2018-07-21 11:00:25

The outflow of Bangladeshi workers to Singapore declined significantly in last three years due to various reasons including an image crisis which was created over arrest of some Bangladeshi nationals...

Bumper wheat harvest may ignite Argentina economy

-- 2018-07-20 21:19:54

A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing South American economy in the fourth quarter, after growth has been hit by low investment, high...

Japan’s core CPI rises 0.8pc in June

-- 2018-07-20 14:12:01

Japan's core consumer prices increased in June from a year earlier owing to rising costs for energy, the government said in a report on Friday. According to the Ministry of Internal Affairs and Com...

N Korean economy falls lowest in 20 years

-- 2018-07-20 13:23:00

North Korea’s economy contracted at the sharpest rate in two decades in 2017, South Korea’s central bank estimated on Friday. Gross domestic product (GDP) of the isolated nation fell to...

Bumper wheat harvest may ignite Argentina economy

-- 2018-07-20 13:16:14

A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing South American economy in the fourth quarter, after growth has been hit by low investment, high...

North Korea economy shrinks at sharpest rate in 20 years as sanctions bite

-- 2018-07-20 12:37:38

North Korea’s economy contracted at the sharpest rate in two decades in 2017, South Korea’s central bank estimated on Friday, in a clear sign international sanctions imposed to stop Pyongy...

WhatsApp to limit message forwarding

-- 2018-07-20 12:21:31

Facebook’s WhatsApp is launching a test to limit forwarding messages that will apply to all users, the messaging app said on Thursday, after Indian authorities sought curbs on spread of rumors t...

GDP growth beats ADB forecast

FE Online Report 2018-07-19 20:04:11

Country’s growth has surpassed last forecast at the Asian Development Outlook (ADO) as its agriculture and industry growth was higher than expected, the Asian Development Bank (ADB) has said....

Alphabet to deploy balloon Internet in Kenya

-- 2018-07-19 15:33:41

Alphabet’s Loon says it would deploy its system of balloons to beam high-speed Internet access with Telkom Kenya from next year to cover rural and suburban populations, marking its first commerc...

Australia jobs jump in June

-- 2018-07-19 12:33:11

Australian employment surged by the most this year in June as firms took on more full-time workers, yet the jobless rate held steady as more people entered the labour force in a trend that has curbed...

Western Digital shuts down hard drive factory as SSD demand spikes

-- 2018-07-18 20:15:08

With the SSD and NAND flash memory markets booming, Western Digital has made the tough decision to shut down its HDD (hard disk drive) manufacturing factory in Petaling Jaya, Malaysia by the end of 20...

Ruckus unveils LTE-ready, 802.11ax AP

FE Online Desk 2018-07-18 16:19:37

Ruckus Networks has announced the Ruckus R730, the industry's first IoT- and LTE-ready, 802.11ax wireless access point (AP) for public places such as stadiums, train stations and schools. The hi...

Google launches game on Tencent's Wechat

-- 2018-07-18 15:27:29

Alphabet Inc’s Google said on Wednesday it has launched an artificial intelligence (AI) game on Tencent Holdings Ltd social media app WeChat, as the company continues to show tentative signs of...

S Korea cuts economic growth outlook

-- 2018-07-18 13:02:26

South Korea on Wednesday cut its economic growth to 2.9 per cent forecast from 3.0 per cent for the current year, citing a feeble labour market recovery and global trade tensions. In its bi-annual ec...

LDC graduation: Planning minister calls for more int'l support

FE Report 2018-07-18 10:32:41

Planning Minister AHM Mustafa Kamal has urged the global development and trading partners to extend support for Bangladesh during its graduation to a developing nation status. He said, "A growing n...

Bangladesh calls for increased global support during graduation period

FE Online Report 2018-07-17 20:56:00

Planning Minister AHM Mustafa Kamal urged global development and trading partners to extend support to Bangladesh during its graduation process to developing nation.  “A growing number of...

BB denies gold scam report

-- 2018-07-17 20:12:53

The Bangladesh Bank has claimed that the gold kept by the customs at the central bank’s vault was not adulterated. The central bank made the statement at a press conference on Tuesday afternoon...

Jeff Bezos beats Bill Gates to become world’s richest man

-- 2018-07-17 19:38:42

Amazon founder Jeff Bezos is now worth $150 billion, according to the Bloomberg Billionaire index. Jeff Bezos's net worth has increased by over $60 billion in the last 12 months, which makes him the...

Walmart takes aim at Amazon with Microsoft cloud deal

-- 2018-07-17 13:34:16

US retail giant Walmart said on Tuesday it has entered into a strategic partnership with Microsoft for wider use of cloud and artificial intelligence technology, in a sign of major rivals of Amazon.co...

Singapore's NODX grows 1.1pc in June

-- 2018-07-17 11:22:20

Singapore's non-oil domestic exports (NODX) grew 1.1 percent year on year in June, Enterprise Singapore, a government agency that champions enterprise development, announced on Tuesday. The city st...

Muhith seeks info on state of banks

Rezaul Karim 2018-07-17 11:15:32

Finance Minister AMA Muhith has sought detailed and updated information about the country's scheduled banks. Mr Muhith asked the senior secretary of the Financial Institutions Division (FID) to take...

Bidding for Laldia terminal by July

Syful Islam 2018-07-17 10:19:11

The bidding for the construction of Laldia multi-purpose terminal in Chattogram will take place by this month, officials said. To this end, the Public-Private Partnership Authority (PPPA) has recentl...

Ex-Apple employee pleads not guilty in trade secret case

-- 2018-07-17 10:18:24

A former Apple Inc employee pleaded not guilty on Monday after federal prosecutors filed an indictment accusing him of stealing trade secrets. Federal officials on July 12 indicted Xiaolang Zhang on...

CLOUDSEC to hold its annual event in Hong Kong on August 14

FE Online Desk 2018-07-16 14:20:30

CLOUDSEC, the leading internet security conference in Asia Pacific and Europe, is going to hold its eighth annual event in Hong Kong on August 14, 2018. Renowned experts, industry thought leaders, b...

Rolls-Royce joins flying taxi race

-- 2018-07-16 14:00:37

British jet engine maker Rolls-Royce has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as earl...

China GDP growth slows to 6.7pc in Q2

-- 2018-07-16 13:43:25

China economy grew 6.7 per cent in second quarter year-on-year, its slowest pace since 2016, as Beijing’s efforts to contain debt hurt activity. The country’s June factory output growth w...