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    China blames ‘excuses’ for APEC discord, as US ties sour again

    Reuters . Beijing | Updated at 02:38am on November 21, 2018

    A major Asia-Pacific summit’s failure to agree on a communique resulted from certain countries ‘excusing’ protectionism, a top Chinese diplomat said, in a veiled criticism of Washington that further sours the tone of China-US ties ahead of a G20 meet....

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    RBI move boosts banks’ lending ability by up to $42b: sources

    Reuters . Mumbai/New Delhi | Updated at 02:37am on November 21, 2018

    The Reserve Bank of India (RBI) estimates that Indian banks will have capacity to lend an extra 2.5 trillion rupees to 3.0 trillion rupees ($35 billion to $42 billion) over the next year after it decided to relax a deadline for lenders to boost capital ratios, two sources aware of discussions on the matter said on Tuesday....

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    Pakistan, IMF extend bailout talks after failing to reach agreement

    Reuters . Islamabad | Updated at 02:36am on November 21, 2018

    Pakistan has extended talks with the International Monetary Fund (IMF) after the two sides failed to agree on the terms of a bailout package, a finance ministry official said on Tuesday, with a final deal now expected by mid-January...

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    Nissan’s arrested co-chair Ghosn accused of siphoning millions of dollars

    Reuters . Tokyo | Updated at 02:01am on November 21, 2018

    Japan was shocked by news that Nissan Motor Co Chairman Carlos Ghosn, who was widely respected for rescuing the car maker from near bankruptcy, was arrested on Monday for alleged financial misconduct....

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    Pvt banks brought under RTI Act

    Staff Correspondent | Updated at 02:00am on November 21, 2018

    Private commercial banks have come under the Right to Information Act-2009 as the government declared the banks as authorities under the law....

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    Dhaka stocks gain as financial shares attract investors

    Staff Correspondent | Updated at 01:59am on November 21, 2018

    Dhaka stocks advanced on Tuesday as investors went on buying shares, especially the financial scrips, after their price fall in recent days....

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    Coop among govt, pvt sector, dev partners needed to address DFI challenges: seminar

    Staff Correspondent | Updated at 01:58am on November 21, 2018

    Collaboration among private sector, government, financial institutions and development partners is needed to address the challenges of accelerating digital financial inclusion across the country, experts said at a conference on Tuesday....

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    Taxpayers want their fundamental rights secured

    Staff Correspondent | Updated at 01:53am on November 21, 2018

    Fatema Begum, a readymade garment worker, on Tuesday appeared before the jury of Citizens’ Tax Tribunal 2018, similar in structure to a courtroom, with a petition for securing her fundamental rights guaranteed by the Constitution of Bangladesh as she as a citizen like others pays taxes to the government....

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    Little change in auditor’s assessment of GP dues

    Staff Correspondent | Updated at 01:52am on November 21, 2018

    Government-appointed auditor Toha Khan Zaman & Co has lowered the government’s claim on leading mobile phone operator Grameenphone by only Tk 5.16 crore, leaving the previous audit claim almost unchanged at Tk 11,524.98 crore....

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    Regional cooperation stressed to attain SDGs in SA

    Staff Correspondent | Updated at 01:50am on November 21, 2018

    Sustainable Development Goals set by the United Nations for states could not be attained without concerted efforts among South Asian countries, observed economists, policy makers and development planners on Tuesday....