• Scrap farcical polls, reach deal: Khaleda
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  • ‘Khaleda not under house-arrest’
  • No further dialogue with AL: Tarique
  • Act in line with people’s interests: UK to all parties
  • Three killed in post-election violence in Dohar
  • Ruling AL defiant after vote, bloodshed
  • 48-hr hartal progressing peacefully
  • 65 petrol bombs, nine crude bombs recovered, two held in Dhaka
  • 14 killed in China mosque stampede
  • Afghanistan says 88 prisoners to be freed, despite U.S. concern
  • Arctic blast takes aim at frigid US
  • Policemen sit idle amid low turnover of voters at a polling centre at Dolairpar in Dhaka on Sunday. The 10th national elections held on the day amid violence and boycott by the BNP-led opposition alliance will deepen economic crisis, economists say. — Sourav Laskar

  • A file photo shows a demonstration against agribusiness giant Monsanto and genetically modified organisms in front of the White House in Washington. — AFP photo

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Controversial one-sided polls to deepen economic crisis: experts

Policemen sit idle amid low turnover of voters at a polling centre at Dolairpar in Dhaka on Sunday. The 10th national elections held on the day amid violence and boycott by the BNP-led opposition alliance will deepen economic crisis, economists say. — Sourav Laskar
The 10th national elections held on Sunday amid violence and boycott by the main opposition alliance led by the BNP will deepen economic crisis continuing in the country over the last several months, economists said. Full story

BB asks 30 banks to explain by January 19

Bangladesh Bank has issued show-cause notices to 30 scheduled banks to explain why they failed to settle their back-to-back inland bills against local letters of credit in line with the central bank’s directions. A BB official told New Age... Full story

Battle over GMO labelling rumbling in US

A file photo shows a demonstration against agribusiness giant Monsanto and genetically modified organisms in front of the White House in Washington. — AFP photo
A GMO labelling battle is rumbling in the United States, with those demanding full disclosure of genetically modified organisms in food products pitted against big companies. Although some... Full story

1:1 margin loan ratio comes into effect

The new margin loan ratio which has come into effect this month will allow merchant banks and brokerage houses to issue margin loans to their clients at 1:1. Previously merchant banks and... Full story

HTC back to profit in Q4

Taiwan’s leading smartphone maker HTC said Sunday that it had swung to profit in the three months to December after a quarterly net loss, the first since listing in 2002. The company reported a net... Full story

Retreating US stimulus poses risk to world recovery

The world economy should finally overcome its hangover from the global financial crisis this year as growth picks up and house prices rise, but reduced US monetary stimulus will pose a challenge. After months of angst, investors will... Full story

Myanmar makes full preparation to host ASEAN meetings

Myanmar is making full preparation to host various meetings during its one-year term as chair of the Association of Southeast Asian Nations. These meetings in Nay Pyi Taw, Yangon, Mandalay and Bagan totaled more than... Full story

No bonanza yet for big funds from new rules to cut risk

If pension funds, insurers and sovereign wealth funds were hoping to cash in on lending ‘high quality’ assets to those scrambling to meet tougher collateral requirements in 2014, they are likely to be disappointed. Full story

Bluefin tuna price slumps at Japan auction

A giant bluefin tuna sold at a Japanese auction Sunday for less than five per cent of the record-breaking sum paid last year amid concerns over soaring prices for the prized delicacy. The 230-kilogram (507-pound) bluefin tuna... Full story

China pledges further support for solar industry

China pledged further support for its ailing solar power industry on Saturday as the government seeks to revive a sector struggling with overcapacity and falling prices. The State Council, China’s cabinet, said in July... Full story

M&S, Tesco’s Christmas sales set to disappoint

Marks & Spencer, Britain’s biggest clothing retailer, and Tesco, the country’s largest grocer, are expected to report weak Christmas trading, adding to pressure on management to end a run of poor results. The trading statements... Full story

Italy’s inflation down to lowest since 2009: statistics institute

Italy registered an average inflation rate of 1.2 per cent in 2013, down from 3 per cent in 2012, the lowest rate since 2009, statistics institute Istat said in a preliminary estimate yesterday. Istat said the Italian annual inflation rate was... Full story


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