BEIJING, Aug 08 (Reuters): Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the world's biggest auto market has leapt ahead...
SEOUL, Aug 8 (AFP): The billionaire founder of South Korean internet conglomerate Kakao was indicted on Thursday for stock manipulation in his pursuit of buying K-pop powerhouse SM Entertainment.Kim Beom-su has been held since his arrest last month, accused of...
Stock markets in the Gulf ended mixed on Thursday, with most posting weekly losses amid geopolitical tensions in the Middle East and traders awaiting economic data for insights into the US Federal Reserve's policy path, reports Reuters.The killing of senior...
NEW YORK, Aug 8 (Reuters Breakingviews): The artificial intelligence boom was big on the way up, and it has already been big on the way down. A selloff in technology stocks wiped around $3 trillion of paper wealth from the...
NEW YORK, Aug 8 (Reuters): Investors are tiptoeing back into shares of US tech stocks following a sharp tumble, even as some still-elevated valuations threaten to punish dip buyers if markets stumble again.After a searing rally this year, the tech-heavy...
ADDIS ABABA, Aug 8 (Reuters): Ethiopia's securities exchange is expected to start operations in October, its chief executive was quoted as saying by state-affiliated media on Thursday.The establishment of a bourse is part of Prime Minister Abiy Ahmed's push to...
MILAN, Aug 8 (Reuters): Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power.Profit warnings in sectors ranging from luxury to...
FE REPORT | 2024-08-09 00:00:00
The stock market regulator has slammed a fine worth Tk 100,000 on Snigdha Equities for violating three margin related rules.The Bangladesh Securities and Exchange Commission (BSEC) made the regulatory decision public for July this year through its website on Thursday.It...
FE REPORT | 2024-08-09 00:00:00
The prime index of the Dhaka Stock Exchange (DSEX) climbed a whopping 306 points on Thursday, the biggest single-day jump since the introduction of the new index in January 2013, as more and more investors joined the rally with high...
The Sri Lanka men's team has raised concerns about the security situation in England in light of the anti-immigrant riots that have erupted in various cities. The England and Wales Cricket Board (ECB) has responded by reassuring Sri Lanka Cricket...
The Bangladesh Cricket Board (BCB) has arranged food for the students working who are controlling traffic in the road around Mirpur Sher-e-Bangla National Cricket Stadium in the city on Thursday, reports BSS. A total of 250 food packets were distributed...
Anamul Haque Bijoy, who was appointed as the captain of Bangladesh A team for two four-day matches against Pakistan A said that the tour will be beneficial for the preparation of the national team which also gears up for Test...
LE BOURGET, France, Aug 08 (Agencies): Veddriq Leonardo struck gold in the inaugural men's speed climbing event on Thursday to give Indonesia their first Olympic title in a sport other than badminton at the Paris Games.The 27-year-old defeated China's Wu...
MANIKGANJ, Aug 08 (BSS): The harvesting of sesame is going on in full swing in all the seven upazilas of the district with a bumper production, the Department of Agricultural Extension (DAE) sources said.DAE office sources said they had set...
RAJSHAHI, Aug 08 (BSS): The students in general are seen discharging duties as traffic police in most of the important points and crossings of the roads and highways in the city aimed at restoring disciplines.At different locations, particularly, bus terminal,...
OUR CORRESPONDENT | 2024-08-09 00:00:00
GOPALGANJ, Aug 08: 'Bengal Sweet' pumpkin cultivation has gained popularity in the district for its high yield and profits.A total of 204 hectares of land have been brought under pumpkin cultivation in the district with a production target of 5,508...
OUR CORRESPONDENT | 2024-08-09 00:00:00
CHANDPUR, Aug 08: Erosion by the mighty river Padma has intensified for the past few weeks in Raj Rajeswar union, a remote char area in the lap of Meghna-Padma rivers under Chandpur Sadar upazila. Due to onrush of water from...
CAIRO, Aug 08 (Arab News): Egypt’s annual urban consumer price inflation slid to 25.7 percent in July from 27.5 percent in June, a rate of decline faster than analysts had forecast, the country’s statistics agency CAPMAS showed on Thursday. Month-on-month,...
RIYADH, Aug 08 (Arab News): UAE banks provided credit facilities worth 851.87 billion dirhams ($231.93 billion) to the business and industrial sectors by the end of May, reflecting a 3.18 percent year-on-year increase. In its latest monthly statistical bulletin, the...
BEIJING, Aug 08 (Reuters): Semiconductor Manufacturing Inter-national Corp reported a 59.1 per cent fall in second-quarter net profit on Thursday though the result from China's largest chip foundry beat expectations.SMIC reported $164.6 million in unaudited profit attributable to owners for...
MUMBAI, Aug 08 (Reuters): The Reserve Bank of India (RBI) kept its key interest rate unchanged on Thursday, as widely expected, retaining its focus on bringing inflation down even as global market volatility left other major central banks poised to...
India's rice export prices fell this week due to sluggish demand and depreciation in the rupee to a record low, while Vietnam rates edged higher, reports Reuters.Top exporter India's 5 per cent broken parboiled variety was quoted at $539-$545 per...
TAIPEI, Aug 8 (Reuters): Taiwan's exports rose less than expected in July as weak demand from China offset record orders from the United States which underscored the island's essential role as a supply hub for the booming artificial intelligence (AI)...
LONDON, Aug 8 (Reuters): Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in natural catastrophes in recent years continue to face higher premiums on policies.Higher interest rates have also...
FE REPORT | 2024-08-09 00:00:00
The tumult stemming from the government change after more than 15 years has reached the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), an organisation of garment-sector entrepreneurs involved in generating most of the country's export earnings.Claiming that the incumbent leadership...
FE REPORT | 2024-08-09 00:00:00
Prices of many essentials declined this week amid normalisation of supply and the absence of extortion on highways and in market areas, according to traders.As the situation in the country improves, product prices might decrease further, they said.Prices for various...
SHARIATPUR, Aug 08 (UNB): A Swechchhasebak League leader was stabbed to death in an attack by assailants in Bhedarganj Upazila of Shariatpur on Wednesday night.The dead is Faruk Molla, son of Abdul Hai Molla from the same upazila. He served...
The Government of Nepal is closely monitoring the recent political developments in Bangladesh. This information was conveyed through a press release issued by the Ministry of Foreign Affairs of Nepal, reports UNB.The press release stated, "We are deeply concerned about...
GOPALGANJ, Aug 08 (UNB): The Gopalganj district unit of Awami League (AL) and its associate bodies have pledged to bring back Sheikh Hasina to the country.President Gopalganj district unit of AL Mahbub Ali Khan and its general secretary GM Shahabuddin...
FE REPORT | 2024-08-09 00:00:00
Supreme Court Bar Association (SCBA) President Barrister AM Mahbub Uddin Khokan has urged the judges of Supreme Court's (SC) Appellate Division and High Court Division, including the chief justice, to resign immediately.He made the demand at a press briefing held...
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