Sep 19
Daily News Head Line
US sanctions are 'trade war' on Russia, says PM Medvedev PDF Print E-mail

Russian Prime Minister Dmitry Medvedev has said new sanctions imposed by the US are tantamount to declaring a "full-scale trade war" against Moscow.

He said the measures, signed by Donald Trump, demonstrated the complete impotence of the US president, whom he said had been humiliated by Congress.

The law aims to punish Russia for its alleged meddling in the 2016 US elections and its actions in Ukraine.

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Deal with Thailand this month to import rice PDF Print E-mail

The government is set to sign an agreement with Thailand in the second week of this month (August) to import rice from the Southeast Asian country, officials said.

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BGMEA wants urgent steps to solve port crisis PDF Print E-mail

Leaders of the country's apparel sector Monday expressed concern over the ongoing congestion at Chittagong port and sought immediate steps to resolve the crisis for averting possible damage to the export-oriented industry.

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Dhaka bourse moves to deepen capital market listing MNCs, SoEs PDF Print E-mail

Dhaka Stock Exchange (DSE) has taken a fresh initiative to list more companies, especially the multi-national companies (MNCs) and state-owned enterprises (SoEs), for making the market more vibrant and stable, officials said.

It proposed the finance ministry late last week to take measures so that the SoEs and MNCs offload their shares in the country's capital market, they said, arguing that it would help deepen the market and mitigate vulnerability.

The premier bourse put forward the proposal on the following day after Finance Minister AMA Muhith asking the SOEs at a meeting on Wednesday last to speed up their efforts in offloading the shares.

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Asia stocks reverse losses on China's solid purchasing managers' indexes PDF Print E-mail

Asian shares turned positive after solid Chinese data on Monday following a lackluster start, while the dollar edged up but remained capped by US political uncertainty.

MSCI's broadest index of Asia-Pacific shares outside Japan reversed early losses to rise 0.1 per cent.

Chinese shares rose, with the blue-chip index up 0.15 per cent and the Shanghai Composite up 0.2 per cent. Hong Kong's Hang Seng rose 0.6 per cent.

The official Chinese manufacturing and services purchasing managers' indices both slipped in July, but remained above the 50-point mark that separates growth from contraction on a monthly basis.

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