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PBOC expects 7pc GDP growth in H2

PBOC expects 7pc GDP growth in H2

Reuters 2017-10-16 11:53:11

China’s economy is expected to grow 7.0 per cent in the Second Half (H2) of this year, the central bank governor said, accelerating from the first six months and defying widespread expectations...

Electrocution kills housewife  in Joypurhat

Electrocution kills housewife in Joypurhat

-- 2017-10-16 10:39:18

A housewife died from electrocution at Belghoria village in Gopinathpur union of Akkelpur upazila of Joypurhat district on Sunday night. The deceased was identified as Asma Begum (34), wife of Akram...

Einstein’s waves detected in star smash

Einstein’s waves detected in star smash

-- 2017-10-16 09:36:17

Scientists have detected the warping of space generated by the collision of two dead stars, or neutron stars, reports BBC. They have confirmed that such mergers lead to the production of the gold and...

Wi-fi security flaw puts millions of devices at risk of hacks

Wi-fi security flaw puts millions of devices at risk of hacks

-- 2017-10-16 07:17:16

The wi-fi connections of businesses and homes around the world are at risk, according to researchers who have revealed a major flaw dubbed Krack, reports BBC. It concerns an authentication system whi...

World economy still needs help from low rates, IMF says

World economy still needs help from low rates, IMF says

AP 2017-10-15 12:00:00

The world economy is the healthiest it’s been in years but could still use a little help from low-interest rates and higher government spending from countries that can afford it, the Internation...

Mongolia coal exports cool as China  border issue creates bottleneck

Mongolia coal exports cool as China border issue creates bottleneck

-- 2017-10-15 11:33:02

ULAANBAATAR, Oct 15 (Reuters): Mongolia's coal exports, which have helped lift its slow-growing economy this year, are losing steam, according to trade data. In the first nine months of the year, exp...

Eurogroup head outlines pragmatic  view on ‘euro zone budget’

Eurogroup head outlines pragmatic view on ‘euro zone budget’

-- 2017-10-15 11:28:55

WASHINGTON, Oct 15 (Reuters): A euro zone budget of several hundred billion euros is an ambitious idea, the head of euro zone finance ministers said on Saturday, suggesting loans from the bailout fund...

Nasa carbon space observatory 'watches Earth breathe'

Nasa carbon space observatory 'watches Earth breathe'

-- 2017-10-15 04:43:53

A Nasa satellite has provided remarkable new insights on how CO2 is moved through the Earth's atmosphere. The Orbiting Carbon Observatory (OCO) tracked the behaviour of the gas in 2015/2016 - a perio...

Hackers still targeting SWIFT

Hackers still targeting SWIFT

Reuters 2017-10-14 12:00:00

Hackers continue to target the SWIFT bank messaging system, though security controls instituted after last year’s $81 million heist at Bangladesh’s central bank have helped thwart many of...

Tofail urges exporters to adopt 'Look East' approach

Tofail urges exporters to adopt 'Look East' approach

FE Report 2017-10-14 12:00:00

Commerce Minister Tofail Ahmed Friday urged the country's exporters and manufacturers to take a 'Look East' approach to expanding and diversifying export market and products. "Our exporters intend to...

No signs of excesses building in markets: BOJ

No signs of excesses building in markets: BOJ

Reuters 2017-10-14 12:00:00

Bank of Japan Governor Haruhiko Kuroda said on Friday he did not see any signs of bubbles or excesses building up in US, European and Japanese markets as a result of heavy money printing by the BOJ....

Tesla fired hundreds of employees in past week

Tesla fired hundreds of employees in past week

-- 2017-10-14 12:00:00

Luxury electric vehicle maker Tesla Inc (TSLA.O) fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday. The dismissals were...

Planet Nine could be our solar system's missing 'Super Earth'

Planet Nine could be our solar system's missing 'Super Earth'

-- 2017-10-14 06:22:28

Planet Nine is out there, and astronomers are determined to find it, according to a new statement from NASA. In fact, mounting evidence suggests it's hard to imagine our solar system without the unsee...

User test of online VAT return starts

User test of online VAT return starts

FE Report 2017-10-13 12:00:00

VAT online project (VoP) launched user acceptance test (UAT) of online return submission last week, before introducing it to businesses under the amended VAT rules. The online VAT return filing syste...

Japan exports seen up in Sept

Japan exports seen up in Sept

Reuters 2017-10-13 12:00:00

Japan’s exports likely grew for a tenth straight month in September buoyed by upbeat demand from overseas, a Reuters poll showed on Friday, underscoring a steady economic recovery. Exports were...

WeChat translates 'black foreigner' into racial slur

WeChat translates 'black foreigner' into racial slur

-- 2017-10-13 12:00:00

Chinese messaging app WeChat has apologised after its software used the N-word as an English translation for the Chinese for "black foreigner". The company blamed its algorithms for producing the err...

Uber starts legal battle to retain London licence

Uber starts legal battle to retain London licence

-- 2017-10-13 12:00:00

Uber lodged a court appeal on Friday to overturn a decision by London’s transport regulator that stripped the taxi app of its operating licence in its most important European market, the first s...

Generous rural power connections far outstrip actual generation

Generous rural power connections far outstrip actual generation

M Azizur Rahman 2017-10-12 12:00:00

Generous power connections through "unplanned" network expansion in the country's rural areas have far outstripped generation, resulting in sporadic outage, sufferers said. Inadequate and inefficient...

Japan wholesale prices rise 3pc in Sept

Japan wholesale prices rise 3pc in Sept

-- 2017-10-12 12:00:00

Japanese wholesale prices rose 3.0 per cent in September from a year earlier, at the fastest annual pace in almost nine years, due to rising prices for gasoline, metals, and agricultural products. Ec...

Facebook to launch portable virtual reality headset

Facebook to launch portable virtual reality headset

-- 2017-10-12 12:00:00

Facebook Inc is launching a new virtual reality headset that does not require a separate computer to operate, allowing more mobile uses than the company’s existing Oculus Rift product, Chief Exe...

IMF chief stresses inclusive global trading system

IMF chief stresses inclusive global trading system

-- 2017-10-12 12:00:00

IMF chief Christine Lagarde has underlined the need to redouble efforts to create a more inclusive global trading system amidst signs that the developed countries, including the US, were resetting tra...

President for developing stress tolerant crops

President for developing stress tolerant crops

-- 2017-10-12 12:00:00

President M Abdul Hamid Thursday asked researchers, experts and others concerned to create stress-tolerant crop varieties for sustainable socio-economic development of the country. "There is no alte...

Poverty alleviation by 2024: Muhith

Poverty alleviation by 2024: Muhith

UNB 2017-10-12 11:01:48

Finance Minister AMA Muhith has said Bangladesh will achieve success in alleviating poverty by 2024. The minister came up with the assertion while addressing at an international seminar titled 'Towa...

Global Hunger Index: Bangladesh condition 'serious' but better than India, Pakistan

Global Hunger Index: Bangladesh condition 'serious' but better than India, Pakistan

Syed Ali Asfar 2017-10-12 07:48:56

Bangladesh has been ranked 88th out of 119 countries on the Global Hunger Index this year. The report was released by Washington-based International Food Policy Research Institute (IFPRI). The GHI,...

UNDESA mission  exchanges views  with FBCCI  leaders

UNDESA mission exchanges views with FBCCI leaders

-- 2017-10-11 12:51:43

A mission from Committee for Development Policy (CDP) Secretariat of UNDESA (United Nations Department of Economic and Social Affairs ) met FBCCI President Md Shafiul Islam (Mohiuddin) at FBCCI Bhab...

US chip maker unveils next-generation  device for fully autonomous cars

US chip maker unveils next-generation device for fully autonomous cars

-- 2017-10-11 12:00:00

Silicon Valley graphics chipmaker NVIDIA unveiled on Tuesday the first computer chips for developing fully autonomous vehicles and said it had more than 25 customers working to build a new class of dr...

IMF projects 7.0pc growth for Bangladesh

IMF projects 7.0pc growth for Bangladesh

FE Online Report 2017-10-11 12:00:00

International Monetary Fund (IMF) on Tuesday projected that Bangladesh economy would grow by 7.0 per cent rate in the current fiscal year (FY18). The fund unveiled the projection in its latest World...

Tax reform may be 'painful' for some states: Kaplan

Tax reform may be 'painful' for some states: Kaplan

-- 2017-10-11 11:17:55

Limiting the ability of Americans to deduct what they pay in state and local taxes from their federal tax bill “could be painful” for some US states already suffering from population drain...

Apparel exports to China, Japan fall

Apparel exports to China, Japan fall

Monira Munni 2017-10-11 10:15:07

Bangladesh's apparel exports to China and Japan -- world's second-and third-largest economies -- fell significantly this fiscal so far as businesses failed to reap benefit of duty-free market access....

Global financial stability improves amid looming risks: IMF

Global financial stability improves amid looming risks: IMF

-- 2017-10-11 06:58:27

The global economic recovery has strengthened financial stability but easy monetary and financial conditions against a backdrop of sluggish inflation is elevating medium-term risks, the International...