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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Bangladesh Sun.com http://www.bangladeshsun.com/index.php/cat/ce9cf98a4a863704/ en-us Sat, 18 May 2013 08:00:07 -0400 Sat, 18 May 2013 08:00:07 -0400 30 The Australian dollar fell below parity with the US dollar and stayed down during the whole week, which is widely attributed to positive indicators in the US economy.On Friday, the Australian dollar took another step lower, falling as low as 97.33 US cents, a level not seen since June 2012.The Australian dollar tumbled to 98.3 cents late on Thursday, breaking through its 11-month low of 98.5 ... http://www.bangladeshsun.com/index.php/sid/214598890/scat/ce9cf98a4a863704 Sat, 18 May 2013 04:24:01 -0400 http://www.bangladeshsun.com/index.php/sid/214598890/scat/ce9cf98a4a863704 Nikkei breached the psychologically important 15,000 mark and closed the week's trade with a 2.5% gain, at 15,138.1. A tumbling yen that hit a 4-1/2 year low at the beginning of the week boosted Japanese stocks, which shot up to a 5-1/2 year high mid-week as exporters' stocks rallied on the back of a weakening yen. Other Asian stocks opened lower but posted gains towards the close of ... http://www.bangladeshsun.com/index.php/sid/214598715/scat/ce9cf98a4a863704 Sat, 18 May 2013 03:07:28 -0400 http://www.bangladeshsun.com/index.php/sid/214598715/scat/ce9cf98a4a863704 China's stock index futures closed sharply higher on Friday, with the contract for May 2013, the most actively traded, up 1.46 percent from the previous trading day to 2,576.6 points.The June 2013 contract jumped 2.16 percent to 2,572.6 points. The September 2013 contract rose 2.15 percent to 2,581.4 points, while the December 2013 contract went up 2.21 percent to 2,602.8 points.The ... http://www.bangladeshsun.com/index.php/sid/214596741/scat/ce9cf98a4a863704 Sat, 18 May 2013 00:04:22 -0400 http://www.bangladeshsun.com/index.php/sid/214596741/scat/ce9cf98a4a863704 (Reuters) - Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday.Panasonic will cut 90 percent of Sanyo's global workforce of about 2,500 in around three years, the daily reported.About 1,000 workers at Sanyo's headquarters will be reduced to around 100 this fiscal year, leaving just a skeleton crew for ... http://www.bangladeshsun.com/index.php/sid/214589084/scat/ce9cf98a4a863704 Fri, 17 May 2013 16:10:38 -0400 http://www.bangladeshsun.com/index.php/sid/214589084/scat/ce9cf98a4a863704 Chief Executive Osamu Nagayama as chairman, the Nikkei reported.Nagayama's appointment will be finalized on June 20 at a board meeting to be held immediately after a shareholders' meeting, the business daily said.Outgoing chairman Howard Stringer, who served as Sony's CEO between 2005 and 2012, will retire in June, the Japanese paper said. (Reporting by Aditi Shrivastava in ... http://www.bangladeshsun.com/index.php/sid/214589086/scat/ce9cf98a4a863704 Fri, 17 May 2013 15:36:46 -0400 http://www.bangladeshsun.com/index.php/sid/214589086/scat/ce9cf98a4a863704 A Corbin man used the web site Topix to solicit a killer, Kentucky State Police have charged.Detective Richie Baxter arrested Tristan James Hall, 29, on Thursday on a charge of solicitation to commit murder.Hall allegedly posted an item on Topix saying he would pay someone to kill another person. The intended victim saw the post and contacted police, said Trooper First Class Don Trosper, ... http://www.bangladeshsun.com/index.php/sid/214584674/scat/ce9cf98a4a863704 Fri, 17 May 2013 12:16:23 -0400 http://www.bangladeshsun.com/index.php/sid/214584674/scat/ce9cf98a4a863704 Prices commanded by poultry products have risen significantly this week, following government subsidies to prop up the sector as it struggles in the wake of the H7N9 bird flu virus, the Ministry of Agriculture (MOA) announced on Friday.The price per kilo of dressed chicken hit 13.51 yuan (2.18 US dollars) on May 15, up from an annual low of 12.97 yuan on May 12, but the figure was still 4.2 ... http://www.bangladeshsun.com/index.php/sid/214579323/scat/ce9cf98a4a863704 Fri, 17 May 2013 07:15:13 -0400 http://www.bangladeshsun.com/index.php/sid/214579323/scat/ce9cf98a4a863704 LONDON, May 17 (Reuters) - Gold fell for a seventh straight session on Friday, its longest losing streak in four years, after comments from a Federal Reserve official that the bank may soon rein in monetary easing lifted the ... http://www.bangladeshsun.com/index.php/sid/214580081/scat/ce9cf98a4a863704 Fri, 17 May 2013 06:49:04 -0400 http://www.bangladeshsun.com/index.php/sid/214580081/scat/ce9cf98a4a863704 economy and uncertainty over the prospects of the Fed winding down its bond-buying program. Trading volumes, however, remained thin due to holidays in Hong Kong and Seoul. The dollar held firm near a 10-month against the other major currencies, keeping commodity prices in check. China's Shanghai Composite index rallied 1.4 percent as property developers gained ground ahead of April home ... http://www.bangladeshsun.com/index.php/sid/214578376/scat/ce9cf98a4a863704 Fri, 17 May 2013 06:13:16 -0400 http://www.bangladeshsun.com/index.php/sid/214578376/scat/ce9cf98a4a863704 The Philippine stock market extended its losses on Friday on profit-taking.The bellwether Philippine Stock Exchange index lost 0.42 percent or 31.07 points to 7,279.87, while the broader all-share index slipped 0.36 percent or 16.26 points to 4,496.21.Trading volume reached 1.9 billion shares worth 13.41 billion pesos (325.68 million US dollars) with 101 stocks declining and 65 advancing, and 44 ... http://www.bangladeshsun.com/index.php/sid/214579078/scat/ce9cf98a4a863704 Fri, 17 May 2013 06:06:39 -0400 http://www.bangladeshsun.com/index.php/sid/214579078/scat/ce9cf98a4a863704 The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 1.38 percent, or 13.88 points, to close at 1,023.40 points on Friday.The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up the three core indices reflecting the performance of China's stocks listed on the Shenzhen Stock ... http://www.bangladeshsun.com/index.php/sid/214578119/scat/ce9cf98a4a863704 Fri, 17 May 2013 04:59:00 -0400 http://www.bangladeshsun.com/index.php/sid/214578119/scat/ce9cf98a4a863704 Fri May 17, 2013 4:06am EDT * CSI300 +1.7 pct, HK shut for public holiday * China property again strong ahead of April home price data * Shanghai volume on Friday strongest since March 28 * Friday gains help indexes cover late March chart gaps By Clement Tan HONG KONG, May 17 (Reuters) - China shares closed out their third-straight weekly gain strongly on Friday, as investors chased a rally in ... http://www.bangladeshsun.com/index.php/sid/214577602/scat/ce9cf98a4a863704 Fri, 17 May 2013 04:06:24 -0400 http://www.bangladeshsun.com/index.php/sid/214577602/scat/ce9cf98a4a863704 Chinese shares jumped on Friday after the State Council announced fewer economic and investment activities subject to central authority's approval, extending the rally to three consecutive trading days.The benchmark Shanghai Composite Index gained 1.38 percent, or 31.06 points, to end at 2,282.87. The Shenzhen Component Index soared 2.04 percent, or 184.95 points, to ... http://www.bangladeshsun.com/index.php/sid/214576879/scat/ce9cf98a4a863704 Fri, 17 May 2013 03:52:36 -0400 http://www.bangladeshsun.com/index.php/sid/214576879/scat/ce9cf98a4a863704 * Japan stocks remain firmly footed in structural bull market - JPMorgan * Hitachi up on higher operating margin forecast * Nikkei posts 2nd-straight weekly gains By Ayai Tomisawa TOKYO, May 17 (Reuters) - The Nikkei share average rose on Friday with investors snapping up reflationary plays such as real estate stocks on the dips - posting a second week of gains supported by the benign effects of ... http://www.bangladeshsun.com/index.php/sid/214576573/scat/ce9cf98a4a863704 Fri, 17 May 2013 03:18:55 -0400 http://www.bangladeshsun.com/index.php/sid/214576573/scat/ce9cf98a4a863704 BANGKOK - Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S. Applications for unemployment benefits jumped to their highest level in six weeks, the U.S. Labor Department reported Thursday, while manufacturing slowed in the mid-Atlantic region. The bright spot was applications for new ... http://www.bangladeshsun.com/index.php/sid/214576352/scat/ce9cf98a4a863704 Fri, 17 May 2013 02:32:27 -0400 http://www.bangladeshsun.com/index.php/sid/214576352/scat/ce9cf98a4a863704 Asian markets posted marginal losses after Wall Street shares were down on concerns that the US Federal Reserve would begin slowing its bond-buying programme in the coming months. China's Shanghai composite index was down 0.1% or 2.95 points to 2254.75, after rising in early trade, supported by realty stocks. Japan's Nikkei average shed 0.3% or 47.15 points, to 15084.39, a second day ... http://www.bangladeshsun.com/index.php/sid/214575471/scat/ce9cf98a4a863704 Fri, 17 May 2013 01:24:27 -0400 http://www.bangladeshsun.com/index.php/sid/214575471/scat/ce9cf98a4a863704 The appetite for risk is limited in the Far East after being mixed on Thursday, when all major foreign currencies but the Aussie attempted a recovery on profit taking after several days of losses. The yen remains near a 4 1/-year low and the Aussie is trading at an eleven-month low. The Asian stocks made little progress. The short-term outlook for most foreign currencies is sideways. The ... http://www.bangladeshsun.com/index.php/sid/214574794/scat/ce9cf98a4a863704 Fri, 17 May 2013 01:18:25 -0400 http://www.bangladeshsun.com/index.php/sid/214574794/scat/ce9cf98a4a863704 * Gold down for 7th straight session, near 4-week low * Physical demand slow as consumers await further price fall-dealers (Adds quotes, updates prices) By A. Ananthalakshmi SINGAPORE, May 17 (Reuters) - Gold fell for a seventh straight session on Friday as the dollar strengthened and investors cut exposure to the metal, sending holdings in exchange-traded funds to their lowest in four ... http://www.bangladeshsun.com/index.php/sid/214575472/scat/ce9cf98a4a863704 Fri, 17 May 2013 01:10:15 -0400 http://www.bangladeshsun.com/index.php/sid/214575472/scat/ce9cf98a4a863704