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    Dhaka stocks fall for 4th week amid cautiousness

    Staff Correspondent | Updated at 12:00am on February 24, 2019

    Dhaka stocks inched down in the past week, extending the losing streak to the fourth consecutive week, as Grameenphone’s recovery and power sector’s surge saved the market from heavy fall....

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    IRD secy hints at reducing savings tools interest rate

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on February 24, 2019

    National Board of Revenue chairman and Internal Resources Division senior secretary Mosharraf Hossain Bhuiyan on Saturday said the government was considering reducing the interest rates of state-owned savings certificates....

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    Sri Lanka GDP growth slowest in 17 years

    Agence France-Presse . Colombo | Updated at 12:00am on February 24, 2019

    A political crisis in Sri Lanka last year led to the slowest economic expansion in 17 years, the central bank said Friday....

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    Fed’s policy pause sets stage for broad overhaul

    Reuters . New York/San Francisco | Updated at 12:00am on February 24, 2019

    When Federal Reserve policymakers last month put a three-year rate-hike campaign on hold and backed ending a yearlong push to shrink their $4 trillion balance sheet, they cited increased risks to US economic growth and the need for more time to sort through the data....

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    Thirty years on, US-China politics and tech collide

    Reuters . London | Updated at 12:00am on February 24, 2019

    ‘US EASES CURBS ON EXPORTS TO CHINA’ read a Reuters headline on March 1, 1989, when Washington lifted long-standing restrictions on technology shipments to China....

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    Microsoft workers demand it drop $480m US Army contract

    Reuters . San Francisco | Updated at 12:00am on February 24, 2019

    Some Microsoft Corp employees on Friday demanded that the company cancel a $480 million hardware contract to supply the US Army, with 94 workers signing a petition calling on the company to stop developing ‘any and all weapons technologies.’...

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    No more MoUs: Lighthizer tweaks trade terminology after dispute with Trump

    Reuters . Washington | Updated at 12:00am on February 24, 2019

    In trade talks between the United States and China, memorandums of understanding - the building blocks of what would be a historic deal - are officially out....

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    Indonesia asks India to cut palm oil tariffs in exchange for sugar imports

    Reuters . Jakarta | Updated at 12:00am on February 24, 2019

    Indonesia has asked India to cut its tariff on refined palm oil to 45 per cent, matching the levy faced by rival producer Malaysia, and has offered market access for Indian sugar in exchange, the trade ministry said on Saturday....

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    Twitter co-founder Evan Williams leaving board

    Agence France-Presse . San Francisco | Updated at 10:49am on February 23, 2019

    Twitter co-founder and one-time chief executive Evan Williams is stepping down from the board, leaving the one-to-many messaging service to focus on ‘other projects.’ Williams...

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    Vegetable prices go up

    Staff Correspondent | Updated at 12:00am on February 23, 2019

    The prices of vegetables went up in the city’s kitchen markets over the week ending Friday due to a supply shortage, traders said....