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Asian shares were mostly higher on Wednesday after a mixed finish on Wall Street. Investors were turning their focus to policy meetings by central bank boards in Japan and the EU. Japan's Nikkei 225 stock index edged 0.1 per cent higher to 20,021.49 and the Hang Seng in Hong Kong climbed 0.5 per cent to 26,648.35. The S&P ASX 200 in Australia jumped 0.6 per cent to 5,720.90. The Shanghai Composite index added 0.5 per cent to 3,204.33. South Korea's Kospi slipped 0.2 per cent to 2,422.07. Shares in Southeast Asia were mixed. The S&P 500 rose 0.1 per cent to 2,460.61. The Dow Jones industrial average shed 0.3 per cent to 21,574.73, while the Nasdaq composite advanced 0.5 per cent to 6,344.31. The dollar, which has steadily lost ground most of this year, was trading at 112.00 yen on Wednesday, down from 112.07 late Tuesday.  The euro rose to $1.1544 from $1.1543. It hasn't been this strong compared to the dollar since early 2015. Benchmark US crude added lost 5 cents to $46.35 a barrel in electronic trading on the New York Mercantile Exchange. It gained 38 cents to $46.40 a barrel on Tuesday.  Brent crude, the international standard, slipped 6 cents to $48.78 per barrel. It rose 42 cents to $48.84 a barrel in London, according to AP.....

Published at: 2017-07-19 00:00:08

Dogs most likely evolved from wolves at a single location around 20,000 to 40,000 years ago, a study suggests. Previously, it had been thought that dogs were tamed from two populations of wolves living thousands of miles apart. Researchers studied DNA from three dogs found at archaeological sites in Germany and Ireland that were between 4,700 and 7,000 years old. The ancient canines share ancestry with modern European dogs. By looking at the rates of change to the DNA from the oldest specimen, scientists were able to place the timing of the domestication of dogs to between 20,000 and 40,000 years ago. Krishna Veeramah of Stony Brook University in New York is a researcher on the study. He said the process of dog domestication began when a population of wolves moved to the outskirts of hunter-gatherer camps to scavenge for leftovers. ''Those wolves that were tamer and less aggressive would have been more successful at this," he explained. "While the humans did not initially gain any kind of benefit from this process, over time they would have developed some kind of symbiotic relationship with these animals, eventually evolving into the dogs we see today.'' The story of how dogs came to be tamed from wolves is complex and hotly debated. Scientists believe dogs started moving around the world, perhaps with their human companions, about 20,000 years ago. By 7,000 years ago, they were pretty much everywhere, although they were not the kind of dogs that we would consider pets. ''They would likely have resembled dogs we today call village dogs, which are free-breeding that did not live in specific peoples' houses and have a similar look to them across the world," said Dr Veeramah. The dogs were later bred for their skills as hunters, herders or gundogs, eventually creating hundreds of modern breeds. The research, published in Nature Communications, suggests even the dog breeds and village dogs found in the Americas and Pacific Islands are almost completely derived from recent European dog stock. This is probably due to prolific dog breeding in Victorian times. ''In this regard, it appears therefore that our 7,000-year, Neolithic-old dog from Europe is virtually an ancestor to most modern breed dogs found throughout the world,'' said Dr Veeramah. ''This ancestral relationship may even stretch back to the oldest dog fossil we know of, which is approximately 14,000 years old from Germany.'' Previous evidence suggested that the first domestic dogs appeared on opposite sides of the Eurasian continent more than 12,000 years ago. Later, the eastern dogs moved with migrating humans and bred with those from the west, according to this theory.   ....

Published at: 2017-07-19 00:00:08

Total issuance of fixed income securities in treasury bills and bonds stood at Tk 719.82 billion in the past fiscal year (FY17). The amount was 12.70 per cent lower than the total issuance of t-bills and bonds in the previous fiscal year (FY16) which was Tk 824.50 billion. Among the total bills and bonds,  t-bonds worth Tk 151 billion were issued in the past fiscal year while the total value of issued t-bills stood at Tk 568.82 billion. Bangladesh Bank data also showed that during March-May period of 2017, no issuance of treasury bonds took place, whereas in March and May there was no primary issuance of t-bills.    ....

Published at: 2017-07-19 00:00:07

A listed criminal was killed in a reported gunfight between his cohorts and the members of Rapid Action Battalion (RAB) at Polo Ground in Double Mooring area of Chittagong city on Wednesday. The deceased was identified as Abul Kalam Farhad alias Lengra Kalam, hailed from Sonagazi upazila of Feni district, reports UNB. Farhad was a listed pirate of Home Ministry, said RAB. Mimtanur Rahman, senior superintendent of RAB-7, said tipped off, a team of RAB conducted a drive in the area to arrest Kalam around 3:30 am. Sensing the presence of the elite force, the associates of Kalam opened fire at RAB men prompting them to retaliate, triggering a gunfight. At one stage, Kalam caught in the line of fire and died while the others managed to flee the scene. One AK-22 riffle, 15 bullets and a pistol were recovered from the spot.....

Published at: 2017-07-19 00:00:07

CHITTAGONG, July 17: Speakers at a workshop have urged the stock investors to put their money in the market after gaining knowledge first on how to keep their investment safe and make profit. "Before investing in the share market, one must learn about the companies they are going to invest," managing director of Island Securities Ltd (ISL) Md Mohiuddin FCMA told the day-long workshop in the city. He said that the investors must know which company they were investing in and what products those companies were producing. ISL and Chittagong Stock Exchange Ltd jointly organised the workshop on the importance of knowledge in investment in the capital market recently. Senior ISL executives conducted the workshop, participated by around 70 new and old investors from different branches of the ISL. The investors stressed the need for opening more training centres in Chittagong. Mr Mohiuddin said the capital market investors do not work for their valuable investment in the stock market, but they spend every bit to keep their homes safe by using strong doors and big locks. They should know the background of the companies they were investing in and how much the companies were earning per share, he said.And to learn about all these things, he said, one has no option but to engage oneself in the study of the market situation and market trend. He also advised the investors to have patience in getting profits and not to jump on the whims or rumours.     pankajdastider@gmail.com....

Published at: 2017-07-18 00:00:05