DHAKA: US bank JP Morgan Chase agreed to pay four regulators $920m relating to a $6.2bn loss incurred as a result of the “London Whale” trades.The settlement is the third biggest banking fine by US regulators, and the second largest by UK regulators.As part of the deal JP Morgan

DHAKA: Paying for sex in France may soon become a criminal offence, according to a forthcoming bill whose details were made public this week.The proposed legislation would also overturn a 2003 law that penalises prostitutes overtly offering their services, rules that were intended to

DHAKA: South African police lied about the Marikana shootings last year, in which 34 striking miners were killed, a commission of inquiry has found.Police falsified or withheld documents, and gave false accounts of events, the commission said, reports the BBC.The killings at the

DHAKA: A group of BJP politicians, who have been linked to the deadly communal riots in Muzaffarnagar in India’s Western Uttar Pradesh, were not present in the state legislature Thursday.Arrest warrants have been issued against two of them.Police sources tell India’s NDTV that to

DHAKA: A pilot believed to be working for Pakistan International Airlines (PIA) has been arrested at a British airport on suspicion of being drunk while in charge of a plane.The police said on Thursday, reports The Jerusalem Post.Officers were called on Wednesday evening to the airport

DHAKA: Egypt has returned to Qatar $2 billion that the Gulf state had deposited with Egypt’s central bank, after negotiations to convert the funds into three-year bonds broke down.Egypt’s central bank Governor Hisham Ramez said on Thursday, reports The Jerusalem Post.Qatar had sent

DHAKA: A former Afghan lawmaker and district governor said on Thursday he had defected to the Taliban as the Islamist hardliners seek to strengthen their influence before United States-led combat troops withdraw next year.Government officials confirmed that Qazi Abdul Hai had joined the

DHAKA: A ‘perfect’ white diamond which is expected to fetch a record price of up to US$35 million when it is auctioned in Hong Kong next month made its first appearance in the city on Thursday.The egg-shaped 118.28-carat ‘Magnificent Oval Diamond’, the largest of its kind, stunned

DHAKA: Russia has no current plans to destroy Syrian chemical weapons on its own territory under a Russia-US deal to eliminate president Bashar Assad’s stockpiles.Russian defence minister Sergei Shoigu said on Thursday, reports The Jerusalem Post.Asked whether Russia had plans to

DHAKA: A roadside bomb killed at least 14 members of president Bashar Assad’s minority Alawite on Thursday in the central Syrian province of Homs, an opposition monitoring group said.The blast targeted two buses near the Alawite village of Jabourin, 13 km north of Homs city, said Rami

DHAKA: Greek prime minister Antonis Samaras has said he will not let neo-Nazi party Golden Dawn ‘undermine’ democracy.His remarks came after a Golden Dawn supporter allegedly admitted killing an anti-fascist activist.‘This government is determined not to let the descendants of the

DHAKA: Philippine security forces killed eight Muslim rebels on Thursday as they hunted the remnants of a guerrilla force hiding in homes of a major city and believed to be holding hostages.A soldier also died, the military reported, bringing the death toll from 11 days of fierce street

DHAKA: A European Union police officer has been shot dead while on patrol in Kosovo, the first casualty since the EU took over security in 2008.The Eulex mission condemned the ‘act of cowardly violence’ and said a murder investigation had been launched.It said two vehicles, carrying

DHAKA: A man was beheaded and his girlfriend beaten to death in an ‘honour killing’ in northern India after they had eloped.The police said on Thursday, reports The Straits Times.The woman’s mother, father and uncle were arrested after the gruesome murders carried out in a village

DHAKA: The Washington Navy Yard has begun returning to nearly normal operations, three days after a gunman killed 12 people.The Navy installation re-opened at 6am local time on Thursday, but traffic was blocked from reaching the main gate because a tractor-trailer tried to make a U-turn,

DHAKA: Four men were formally charged on Thursday in a Mumbai court over the gang-rape of a young photographer in the city, a case that reignited anger about women’s safety across India.Crime branch officers filed a charge sheet laying out their case against the men at the Esplanade

DHAKA: Saif al-Islam Gaddafi, the most prominent of slain Libyan leader Muammar Gaddafi`s sons, has appeared in court in Zintan, west of the capital Tripoli, on security charges and his trial was adjourned until December, a lawyer said.‘Saif al-Islam Gaddafi appeared before the Zintan

DHAKA: Germany says it is giving 2 million euros to the Organization for the Prohibition of Chemical Weapons to help it oversee the destruction of Syria’s arms stocks.An agreement last Saturday between Russia and the United States called for an inventory of Syria’s chemical weapons

DHAKA: Scientists studying reefs off Australia said on Thursday that sharks play a fundamental role in the health of coral, and overfishing of them made reefs more vulnerable to global warming and weather disasters.A research team, led by Dr Mark Meekan from the Australian Institute of

DHAKA: The Greek press railed on Thursday over the murder of a leftist musician by an alleged supporter of the neo-Nazi party Golden Dawn, amid mounting calls for tighter control of the group.‘The cold-blooded murder of a citizen by a Golden Dawn supporter must awaken everyone,’ the