Stocks extend rally for sixth straight week
The benchmark index of the Dhaka Stock Exchange (DSE) extended its rally for a sixth consecutive week, buoyed by sustained buying in banking stocks amid renewed investor optimism.Market analysts attributed the continued upward trend to broad-based investor participation, supported by expectations of post-election political stability and signs of macroeconomic recovery.Investors...
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Global equity fund inflows cool to a five-week low on AI concerns
Global equity fund inflows eased to a five-week low in the seven days to February 25 as investors turned cautious amid growing unease over the heavy costs and potential disruption linked to artificial intelligence, reports Reuters.Investors bought a net $19.75 billion worth of global equity funds, marking the smallest weekly...
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BRAC Bank hosts TARA Uddokta Mela to promote women entrepreneurs
A three-day fair titled 'TARA Uddokta Mela 2026' began at the Aloki Convention Centre in Dhaka on Friday, aiming to promote locally made products by women entrepreneurs and create a market for them.Hosted by BRAC Bank, the fair will remain open to the public until March 1, from 10:00am to...
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What AI windfall? Debt will still weigh on big economies
LONDON, Feb 27 (Reuters): An AI productivity boom, if it materialises, may help buy major economies more time to clean up their strained public finances, economists say, although it won't do the heavy lifting.The stakes couldn't be higher. Debt is above 100 per cent of output across most rich economies...
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Japan's Nikkei closes at record high
Japan's benchmark Nikkei share average closed at a record high on Friday, posting its biggest monthly gain in four months, as investors bet on corporate earnings strength, reports Reuters.The Nikkei reversed early losses to end up 0.16% at 58,850.27.The index jumped 10.4% in February - its strongest monthly performance since...
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