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Business
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Oil nears 10-month high
World oil prices climbed on Friday, with London and New York futures close to ten-month highs above 70 dollars a barrel on supply concerns in the United States, the world's biggest consumer of energy.
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Japan's economy sends mixed signals
Japanese data on Friday painted a mixed picture of the economy with stubborn deflationary pressures lingering despite a tightening labour market and rising consumer spending.
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India, Iran, Pakistan closer on gas pipeline deal
Representatives of India, Iran and Pakistan are set to meet for a second day on Friday here amid reports they were getting closer to a deal on a multi-billion dollar pipeline to transport gas from energy-rich
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US eyeing Apec trade deals if WTO fails
The United States will pursue free trade agreements in the Asia-Pacific region if talks on a global trade deal fail, US trade envoy Susan Schwab said in an interview published Friday.
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Rato to quit early as reform effort struggles
The head of the International Monetary Fund, Rodrigo Rato, said Thursday he will step down in October for personal reasons, casting a cloud over the major internal reform effort he launched.
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Tech heads go gaga waiting for Apple's iPhone
Tech-heads camped overnight outside Apple electronics stores in US cities aiming to be the first to own an iPhone, marketed as the coolest gadget on the planet, when they go on sale Friday.
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Jakarta to restrict govt bank account
The Indonesian finance minister has called on banks to refuse to open any new government accounts without her consent in a bid to curb the practice of opening secretive government accounts, local press
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China signs expanded trade pact with Hong Kong
China signed a new free trade pact with Hong Kong here Friday, further opening the mainland markets to the former British colony two days before the 10th anniversary of its return to Chinese rule.
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Weekly Currency Roundup
June 24-June 28, 2007
Local FX Market
The US dollar/BDT market was liquid and BDT gained ground against the USD in the week. The dollar showed a downward trend against the Bangladeshi Taka.
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© thedailystar.net, 2007.
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