Dhaka stocks plunge on panic sale
Stocks fell sharply on Wednesday as the jittery investors went for panic-driven sell-offs amid concerns over the country's macroeconomic situation. The market opened lower and the downturn continued until the end of the session with no sign of reversal, eventually ending over 73 points lower. Page 9
India's Supreme Court has put a controversial colonial-era sedition law on hold that critics say is used to stifle dissent. The judges asked the government to refrain from registering any new cases which invoke sedition until it finishes hearing petitions challenging it. The court also asked the authorities to pause all existing sedition trials. Page 18
Study on virtual marketplace for RMG
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) teamed up with LightCastle Partners for conducting a feasibility study - "Establishing a Virtual Marketplace Platform for the RMG sector". In this connection, the BGMEA and LightCastle signed an agreement at the trade-body's Gulshan office in the capital on Wednesday, according to a statement. Page 21
Oil rises as Russia gas flow to Europe falls
Oil rose on Wednesday after plunging nearly 10 per cent in the last two sessions, buoyed by supply concerns as flows of Russian gas to Europe fell and the European Union worked on gaining support for a Russian oil embargo. Page 22
Briefing 12-05-2022
FE Team | Published: May 12, 2022 00:03:38
Briefing 12-05-2022
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