NsNewsWire | Bangladesh's First Press News Agency

U.S. Fed to consider raising rates at coming meetings, Yellen says

WASHINGTON, Feb. 15 (NsNewsWire) — U.S. Federal Reserve chairwoman Janet Yellen said on Tuesday that the Fed will consider whether to raise interest rates at upcoming meetings. “At our upcoming meetings, the (Federal Open Market) Committee will evaluate whether employment and inflation are continuing to evolve in line with these expectations, in which case a […]

Samsung Electronics inaugurates its First Flagship Brand Shop in Gulshan-2

Dhaka, Feb. 15 (NsNewsWire) –Samsung Electronics, the global leader in Consumer Electronics, has opened the first ‘Flagship Brand Shop’ in Gulshan-2 with exclusive experience zones to cater the needs of people with genuine Samsung products under one roof. This flagship brand shop, located at Zahed Plaza, 1st Floor, 30 Gulshan Avenue North C/A, is operated […]

ADB SUPPORTING SKILLS TRAINING TO BOOST JOB PROSPECTS AND ATTAIN HIGHER GROWTH

DHAKA, Feb. 15 (NsNewsWire) — The Asian Development Bank (ADB) and the Government of Bangladesh have signed an agreement for a $100 million loan for up-skilling young workforce, especially women, to enhance job opportunities, expand economic base, and boost income. The assistance is the second tranche of the $350 million multitranche financing facility (MFF) approved […]

Fierce gunfight erupts in Indian-controlled Kashmir

SRINAGAR, Indian-controlled Kashmir, Feb. 14 (Xinhua) — A fierce gunfight between militants and Indian troops Tuesday morning broke out in the restive Indian-controlled Kashmir, police said. The gunfight took place in village Hajin of Bandipora district, 32 km north of Srinagar city, the summer capital of the Indian-controlled Kashmir.

Chinese champs Evergrande to cut foreign signings, aim for all-Chinese squad by 2020

UANGZHOU, Feb. 14 (Xinhua) — As the most successful Chinese Super League club with six successive domestic titles under its belt, Guangzhou Evergrande is aiming to set a trend for the entire league: decreasing the number of foreign players signed while aiming to build an all-Chinese team by 2020. Evergrande boss Xu Jiayin, a leading […]

China’s producer price rises 6.9 pct in January

BEIJING, Feb. 14 (Xinhua) — China’s producer price index (PPI), which measures costs for goods at the factory gate, rose 6.9 percent year on year in January, official data showed Tuesday. The growth pace quickened from the reading of 5.5 percent registered in December 2016, according to the National Bureau of Statistics (NBS).

China consumer inflation quickens, factory prices beat expectations

BEIJING, Feb. 14 (Xinhua) — China’s consumer inflation quickened in January due to holiday effects, while prices at factory gates rose faster than expected following soaring oil and gas prices, official data showed Tuesday. The consumer price index (CPI), a main gauge of inflation, grew 2.5 percent year on year last month, fractionally above market […]

China’s favorite Aussie wine company posts huge profits

SYDNEY, Feb. 14 (Xinhua) — Australian wine producer Treasury Wines has posted a huge 132.4-percent increase in their half yearly profit on Tuesday, spurred by their performances in China and around the globe. Treasury’s chief executive officer Michael Clarke was thrilled by his company’s performance, noting strong growth across the board, with “excellent cash conversion.” […]

Trump’s typo-marred poster removed from Library of Congress store

NEW YORK, Feb. 14 (NsNewsWire) — An inauguration portrait of U.S. President Donald Trump has been removed from the online store of the Library of Congress because of an obvious typo. The print of Trump, which was sold at 16.95 U.S. dollars on the Library of Congress’s website, includes a quote from the president’s November […]