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Shares of Canada-focused banks outstrip rivals with overseas bets

2024-08-18 00:00:00

TORONTO, Aug 17 (Reuters): Three of Canada's largest banks, driven by domestic growth, have soared in the stock market this year on a spate of acquisitions, while lenders with global ambitions have sagged on rising costs in foreign markets.Shares of...

Masrur Reaz 'unable' to accept BSEC chief offer

2024-08-18 00:00:00

FE REPORTAfter three days of discussions, Dr M Masrur Reaz on Saturday announced with regret that he was "unable" to accept the proposal to become chairman of the Bangladesh Securities and Exchange Commission (BSEC) -- a position the finance ministry...

US equity funds see biggest weekly outflow in two months

2024-08-18 00:00:00

US investors cut their equity fund holdings and boosted safer positions in the seven days to August 14 amid persistent concerns over an economic slowdown and recent market volatility, reports Reuters.Investors withdrew a net $8.92 billion from US equity funds...

Capital market shows optimism as change in govt boosts investor confidence

2024-08-18 00:00:00

The capital market experienced a vibrant week, fuelled by investor optimism spurred by recent change in government and a shift in the leadership of the Bangladesh Securities and Exchange Commission (BSEC).Stock market analyst Professor Abu Ahmed emphasised the critical role...

Cricket at Youth Olympics

2024-08-18 00:00:00

The International Cricket Council (ICC) has indicated that it might collaborate with the International Olympic Committee (IOC) to include cricket in the Youth Olympics in 2030, according to Cricbuzz. This basis of the ICC assertion stems from the Government of...

Bangladesh HP beat Perth to confirm semifinal

2024-08-18 00:00:00

Bangladesh High Performance (HP) team confirmed the Top End T20 series semifinal after edging Perth Scorchers by three wickets in a thrilling contest at Darwin on Saturday, reports BSS.The victory helped HP move to the third spot in the points...

Tigers face setback ahead of first Test against Pakistan

2024-08-18 00:00:00

Bangladesh have received a blow ahead of the two-match Test series against Pakistan with their regular opener Mahmudul Hasan Joy ruled out due to groin injury. Bangladesh cricket Bard (BCB) is yet to announce any replacement for Mahmudul."We have received...

100 injured as train station attacked, looted in Habiganj

2024-08-18 00:00:00

HABIGANJ, Aug 17 (UNB): Traders and residents of Harashpur railway station in Madhabpur of Habiganj were reportedly attacked and looted.The incident took place on Friday afternoon when a group of assailants attacked the traders and residents of the Harashpur railway...

Landslide snaps road link with Khagrachhari

2024-08-18 00:00:00

KHAGRACHHARI, Aug 17 (bdnews24.com): Heavy rain has triggered landslides that have cut off Khagrachhari from Dhaka and Chattogram. Many vehicles are stuck on either side of the road due to the incident. However, no casualties have been reported.The landslides occurred...

People suffer for disruption to KCC services

2024-08-18 00:00:00

OUR CORRESPONDENTKHULNA, Aug 17: The people of the Khulna City Corporation (KCC) are suffering much as most ward commissioner offices have been vandalised during the anti-quota student movement.Valuables, including chairs, tables, doors and windows, of the offices of ward 6,...

Pabna chhana and butter now forex earners

2024-08-18 00:00:00

OUR CORRESPONDENTPABNA, Aug 17: Export of pure chhana (a kind of milk product) and butter from Pabna region to 15 countries of the world including Canada, England, USA, Saudi Arabia, Dubai and Kuwait is now playing a remarkable role in...

Reduce application fees for government job

2024-08-18 00:00:00

The Anti-Discrimination Student Movement has achieved a significant milestone for Bangladesh, creating a new chapter in its history. The movement that was initially started with the focus on eradicating discrimination in government job recruitment culminated in one for reforming the...

China's progress in tech-enabled remote surgery

2024-08-18 00:00:00

China has achieved an impressive milestone in the field of medical technology. A surgeon from Shanghai Chest Hospital successfully performed a remote surgery on a patient located 5,000 kilometers away in Kashgar, Xinjiang Province, utilising a cutting-edge 5G surgical robotics...

Mob justice must not be condoned

Atiqul Kabir Tuhin | 2024-08-18 00:00:00

Recent media reports of escalating violence and mob brutality are deeply disturbing. The frequency of these incidents raises grave concerns about erosion of moral values and its potential to undermine the very foundation of a civilized society. It is not...

Cost of irresponsible journalism

Asjadul Kibria | 2024-08-18 00:00:00

Journalism is the best job in the world, asserted eminent Colombian writer Gabriel García Márquez some 27 years ago in an essay he wrote for Index on Censorship magazine. There are some valid reasons to differ with Marquez, and only...

Country-rating dependent on political stability

2024-08-18 00:00:00

As the country rejoices the end of an era of managed elections and ever-increasing economic cronyism and autocratic rule, the reports are still coming in on the hefty price people have paid in blood and the fallout of political turmoil...

Political crisis in Bangladesh & the way forward

Muhammad Mahmood | 2024-08-18 00:00:00

On Monday, August 5, Bangladesh’s long-time Prime Minister Sheikh Hasina fled the country amid a popular mass uprising against her increasingly brutal authoritarian rule. She along with her sister Rehana had flown to India landing at Hindon Airforce base, outside...

Ukraine boosting positions in Russia's Kursk, says Zelensky

2024-08-18 00:00:00

KYIV, Aug 17 (AFP): Ukrainian President Volodymyr Zelensky said Saturday his forces were "strengthening" their positions in Russia's Kursk region, where Kyiv has been mounting a major ground offensive.His comments come a day after Russian officials accused Ukraine of destroying...

Modi calls for unity among Global South partners to meet aspirations of humanity

2024-08-18 00:00:00

Indian Prime Minister Narendra Modi on Saturday highlighted his country's "path-breaking initiatives" for the Global South and proposed a Global Development Compact for the Global South, reports UNB.He hoped that discussions held among the Global South partners would be duly...

Israeli strike in south Lebanon leaves 10 dead, five injured

2024-08-18 00:00:00

NABATIEH, Aug 17 (Reuters): Around 10 people were killed, including two children, and five were wounded by an Israeli strike on a residential building in the city of Nabatieh city in south Lebanon, state news agency NNA said on Saturday.The...

Gaza truce deal closer than ever: Biden

2024-08-18 00:00:00

NEW YORK, Aug 17 (BBC/AFP): Joe Biden has said he is "optimistic" that a Gaza ceasefire deal can be reached. "We are closer than we've ever been," the US president said following the latest round of talks, adding he was...

China to impose export controls on strategic minerals on Sept 15

2024-08-18 00:00:00

BEIJING, Aug 17 (Reuters): China will impose export limits on antimony and related elements in the name of national security, its commerce ministry said on Thursday, Beijing's latest move to restrict shipments of critical minerals in which it is the...

Gold rallies to record high on softer dollar

2024-08-18 00:00:00

Gold prices soared to an all-time high on Friday as the dollar weakened on growing expectations for an interest-rate cut from the Federal Reserve in September, and as tensions in the Middle East bolstered demand for bullion, reports Reuters. Spot...

Slowing global jet fuel consumption adds to oil demand concern

2024-08-18 00:00:00

NEW YORK, Aug 17 (Reuters): Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead.Global oil demand has struggled to meet...

Weather (2024-08-17)

2024-08-17 00:00:00

Light to moderate rain/thundershowers accompanied by temporary gusty wind is likely to occur at most places over Dhaka, Khulna, Barishal, Chattogram and Sylhet divisions and at many places over Rangpur, Rajshahi and Mymensingh divisions with moderately heavy to very heavy...

Mother, son killed in Cumilla bike accident

2024-08-17 00:00:00

CUMILLA, Aug 16 (BSS): A woman and her son were killed and father was injured after being hit by a covered-van on the Dhaka-Chattogram highway in Sadar Dakshin upazila of the district on Thursday.The dead are Mariam Akter (20), wife...

50 hospitalised with dengue

2024-08-17 00:00:00

Fifty dengue patients were hospitalised with dengue fever in the last 24 hours until Friday morning, reports BSS.Of the new patients, 14 were hospitalised in Dhaka city, while the rest were outside the capital, according to the Directorate General of...

Army rescues confined woman in B'baria

2024-08-17 00:00:00

BRAHMANBARIA, Aug 16 (UNB): Bangladesh Army has rescued an elderly woman who was locked in a room for three months by her own children in Brahmanbaria.Jahanara Begum (70) is the widow of late Haji Md Abdu Mia of Gorkanghat area...

People of various ethnic communities of plain land marched in a procession

2024-08-17 00:00:00

People of various ethnic communities of plain land marched in a procession from Shahbag to the Central Shaheed Minar in the capital on Friday to press for their various demands. — Focus Bangla

Govt to resolve schooling problem in CHT: Adviser

2024-08-17 00:00:00

Chittagong Hill Tracts Affairs (CHT) Adviser Supradip Chakma has said the government will mitigate the crisis of school education in Chittagong Hill Tracts (CHT), reports BSS."We want to ensure quality education for our children. Multimedia classrooms and digitisation education system...