Latest

Asian markets up on hopes over shutdown deal, rate cut
Asian markets up on hopes over shutdown deal, rate cut
Business and Economy
by  AFP

Equities rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive Federal Reserve interest rate cut. Adding to the upbeat mood was expectations for a Fed rate cut in December after data from private payrolls firm ADP showed US companies shed 11,250 jobs per week on average in the four weeks ended October 25.

Bangladesh's liquor industry a surprising success
Bangladesh's liquor industry a surprising success
Business and Economy
by  AFP

Syrupy aromas drift across the guarded compound of Bangladesh's only licensed distillery, a state-owned producer posting record profits in the Muslim-majority nation, where Islamists are staging a political comeback. Carew provides the only source of regulated liquor -- alongside a separate brewery producing Hunter, Bangladesh's only beer, owned by the Jamuna Group conglomerate.