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  • Sacks filled with different varieties of rice are seen at Kaptan Bazar in Dhaka on Friday. The prices of coarse and fine varieties of rice marked a fresh rise on the retail markets in the capital over the week ending Friday. — Focusbangla photo

  • Visitors crowd the entrance of the Dhaka International Trade Fair at Sher-e-Bangla Nagar in Dhaka on Friday. — New Age photo

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Rice prices mark fresh rise

Sacks filled with different varieties of rice are seen at Kaptan Bazar in Dhaka on Friday. The prices of coarse and fine varieties of rice marked a fresh rise on the retail markets in the capital over the week ending Friday. — Focusbangla photo
The prices of coarse and fine varieties of rice marked a fresh rise on the retail markets in the capital over the week ending Friday. The retailers are blaming the wholesalers for the increase of rice prices... Full story

DITF sees surge of visitors on weekly holiday

Visitors crowd the entrance of the Dhaka International Trade Fair at Sher-e-Bangla Nagar in Dhaka on Friday. — New Age photo
The Dhaka International Trade Fair-2014, which began on January 11, witnessed a large number of visitors on Friday, the second weekend after the start of the country’s biggest trade show. Visitors, particularly... Full story

TCB to import 1,500 tonnes of lentils eying Ramadan

The Trading Corporation of Bangladesh has recently floated a tender to import 1,500 tonnes of lentils as part of efforts to secure food supplies for the Muslim’s fasting month of Ramadan, a senior official at the state buyer said on Thursday. Full story

Weakness in Asian economies seen persisting in 2014

Emerging Asian economies will contribute less to global growth in 2014 than earlier expected even as their major trading partners in the West show signs of recovery, a Reuters poll showed on Friday. From China... Full story

Turkey lira at new lows despite central bank action

The Turkish lira broke through the key barrier of 2.3 to the dollar on Friday despite massive central bank intervention on foreign exchange markets the day before. The currency sank to 2.3084 against the... Full story

Fear of China ‘hard landing’ stalks Davos

The risk of a hard landing for the economy in China as well as the threat of military conflict with Japan stoked fears at the World Economic Forum in Davos on Friday. Days after the world’s second-largest... Full story

BRICS insist economies still strong despite turbulence

Ministers from the BRICS economies defended their growth prospects on Thursday despite waves of turbulence caused by the tightening of monetary stimulus in the US and concerns about a potential cash crunch in China. Full story

Eurozone activity hits 31-month high

Business activity in the eurozone private sector hit a 31-month high in January as a modest recovery gathered pace across the region, a key indicator showed on Thursday. Analysts cautioned however that the... Full story

Argentina crisis deepens as peso dips 11pc

Argentina’s currency crisis worsened dramatically Thursday as the peso plunged 11.1 per cent against the US dollar, its depreciation picking up pace in the sharpest one-day fall since 2002. Amid growing capital flight, the... Full story

Samsung posts steep drop in Q4 operating profit

South Korea’s Samsung posted its first fall in quarterly profit in two years Friday, due to a one-off bonus, a strong won and slowing sales of high-end smartphones offered by the world’s largest electronics group. Operating profit stood at 8.3 trillion... Full story

Vietnam inflation up in January

Vietnam’s monthly inflation rate picked up slightly in January, official data showed Friday, with consumption rising as the country prepares to celebrate the lunar new year holiday. Month-on-month, consumer... Full story

Asian shares suffer after Wall St losses

Asian markets sank Friday, extending the previous day’s losses after disappointment on Wall Street over data showing the first fall in Chinese manufacturing activity in six months. Japan’s Nikkei share index... Full story

Dollar edges up in Asia

The dollar edged up against the yen in Asia on Friday after plunging on weak Chinese data which sparked worries over emerging markets. In Tokyo afternoon trade, the dollar fetched... Full story

Oil prices supported by dip in US distillate supplies

Oil prices edged higher in Asian trade Friday as a surprisingly sharp decline in US distillate supplies last week buoyed forecasts of stronger demand in the world’s top crude consumer, analysts said. New York’s main... Full story


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