KUALA LUMPUR, Oct 9 (Reuters): Malaysian palm oil futures fell on Wednesday, reversing earlier gains, as market participants awaited key official domestic supply and demand data for further direction.The benchmark palm oil contract for December delivery on the Bursa Malaysia...
Gold retreated for the sixth straight day on Wednesday on an advancing dollar and diminished expectations for a larger rate cut in November while markets awaited minutes from the Federal Reserve's September policy meeting for further insights, reports Reuters.Spot gold...
PARIS/SINGAPORE, Oct 9 (Reuters): Chicago wheat futures extended gains into a third session on Wednesday, supported by concern over poor weather in top exporter Russia and a run of demand from importers.Soybeans rose after hitting a two-week low on Tuesday...
LONDON, Oct 9 (Reuters): Oil extended losses on Wednesday as weak demand and rising US inventories countered the risk of supply disruption from conflict in the Middle East and Hurricane Milton in the United States.Brent crude futures were down $1.12,...
MUMBAI, Oct 9 (Reuters): Hyundai Motor plans to use proceeds from a $3.3 billion IPO of its Indian unit to enhance its research efforts and develop new cars, aspiring to transform the South Asian country into a manufacturing hub for...
Oct 9 (Reuters): Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially damaging strike heads into a fourth week.The company said on Tuesday it withdrew its pay offer to around...
LONDON, Oct 9 (AFP): Chinese stocks tumbled Wednesday on continued disappointment over a lack of fresh Chinese stimulus measures and scant detail on measures already unveiled.Europe's main stock markets rose slightly, however, as oil prices steadied.The dollar climbed against its...
NEW YORK, Oct 8 (Reuters): The US said on Tuesday it may ask a judge to force Alphabet's Google to divest parts of its business, such as its Chrome browser and Android operating system, that it says are used to...
RIYADH, Oct 09 (Arab News): Expatriate remittances from Saudi Arabia reached SR11.86 billion ($3.16 billion) in August, marking a 10 per cent annual increase, according to recent data. Figures from the Saudi Central Bank, also known as SAMA, also revealed...
WASHINGTON, Oct 09 (Reuters): Honda is recalling 1.7 million cars and SUVs in the United States over an issue that can make steering more difficult and increase the risk of a crash.The recall includes various 2022 through 2025 model vehicles...
The 'Annual Risk Management Conference-2024' of Uttara Bank PLC was held at a hotel in Dhaka recently. Mohammed Rabiul Hossain, Managing Director & CEO of Uttara Bank, was present as the chief guest. The conference was presided over by Deputy...
Rupali Bank PLC held its Business Review Meeting on Wednesday. Managing Director (Acting) Parsuma Alam was present as the chief guest at the meeting held at the conference room of the bank's Dhaka North Divisional Office. Deputy Managing Director Hasan...
Social Islami Bank held its 519th Board meeting at the bank's head office on Wednesday. Chairman of the bank Dr. M. Sadiqul Islam, presided over the meeting. Directors Major (Retd.) Dr. Md. Rezaul Haque, Maksuda Begum, Md. Morshed Alam Khondoker,...
The 399th Board Meeting of Shari'ah based Standard Bank PLC was held at the Boardroom at the bank's Head Office in Dhaka on Wednesday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Director & Founder...
CHENNAI, Oct 9 (Reuters): A group of more than 1,000 striking workers at the Samsung Electronics factory in southern India has rejected a settlement offer made by the company on wage hikes, with the sit-in protest entering its second month...
Modhumoti Bank recently achieved a significant milestone by successfully obtaining ISO 27001: 2022 certification, a globally recognised standard for Information Security Management System (ISMS). By obtaining this certificate, the bank's information security management risen to a new height. To mark...
IFIC Bank celebrated its 48th anniversary on Tuesday with a grand celebration held at the Multipurpose Hall of IFIC Tower in Puran Paltan, Dhaka. The event was attended by Managing Director Syed Mansur Mustafa, along with deputy managing directors and...
A memorandum of understanding was signed between Bangladesh Standards and Testing Institution (BSTI) and US-based international organisation CLASP on Tuesday. The MoU was signed to develop standards for environmentally friendly and energy-efficient and long-lasting LED lights and to provide advanced...
Electronics brand Walton has launched "Digital Campaign Season-21" across the with "Double Million" offer, reports UNB.In Season-21, customers may get Tk 2.0 million on the purchase of Walton brand fridge, television, washing machine or BLDC fan from any Walton Plaza,...
Entertainment Industry giant Concord Entertainment Co. Ltd. and leading airlines service provider US-Bangla Airlines entered into a strategic cooperation agreement recently, to further enhance tourists' experience in the parks and properties, says a statement.Under the agreement, Concord Entertainment will provide...
Shahira Sarwat, a student in the Department of Architecture at the American International University-Bangladesh (AIUB), has received a Commendation at the Commonwealth Association of Architects (CAA) Awards 2024 in the 'CAA Presidents' Awards' category. This category recognises exceptional work by...
The Department of Agricultural Marketing (DAM) and USAID's Feed the Future Bangladesh Policy LINK Agricultural Policy Activity signed a Memorandum of Understanding (MoU) on Wednesday to strengthen agricultural marketing in Bangladesh. This collaboration focuses on developing a Plan of Action...
Pubali Bank was recognised as the "Best Financial Institution 2023" at the 22nd DHL-The Daily Star Bangladesh Business Awards. Mohammad Ali, managing director and CEO of Pubali Bank, received the crest from Salehuddin Ahmed, finance and commerce advisor, at a...
FE REPORT | 2024-10-10 00:00:00
Both the stock exchanges have downgraded Runner Automobiles to 'Z' category from 'A' category for the company's failure to pay off cash dividends approved for FY22 within the stipulated time.Dhaka and Chittagong stock exchanges on Wednesday confirmed this through separate...
FARHAN FARDAUS | 2024-10-10 00:00:00
State-run Bangladesh Shipping Corporation (BSC) encountered a sudden selling pressure on the bourses after two back-to-back fire incidents had destroyed two ships in its fleet. The vessels were bringing in 20 per cent of the revenue by transporting crude oil...
BEIJING, Oct 09 (Reuters): Sales of US automaker Tesla's China-made electric vehicles rose 19.2 per cent in September from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday.Deliveries of China-made Model 3 and Model Y...
MUMBAI, Oct 09 (AFP): India's central bank held interest rates steady on Wednesday but left the door open for future cuts, as growth moderates in the world's fifth largest economy.The Reserve Bank of India said the benchmark repo rate-the short-term...
Sony announced its latest home and personal entertainment products at a programme at a city hotel on Wednesday. These products include BRAVIA TVs, ULT Power Sound series and SRS-XV500, a speaker. The new BRAVIA TV models, the ULT TOWER 10,...
The 126th Shari'ah Supervisory Committee meeting of Exim Bank was held in the board room of the bank's head office on Wednesday. Chairman of the committee Dr Abu Noman Md Rafiqur Rahman presided over the meeting. Chairman of Exim Bank...
United Commercial Bank PLC (UCB) and Gono Bishwabidyalay have signed a Memorandum of Understanding (MoU) to provide a range of banking services, including tuition fee collection and other banking facilities. The signing ceremony took place at the Corporate Office of...
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