FE Today Logo

Search results for:


Swiggy files for $1.25b IPO in India's stock market

2024-09-28 00:00:00

NEW DELHI/BENGALURU, Sept 27 (Reuters): SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 billion, as the food delivery firm looks to tap a booming stock market in one of...

BRAC Bank tops weekly turnover chart

FE REPORT | 2024-09-28 00:00:00

BRAC Bank dominated the weekly turnover chart of Dhaka Stock Exchange (DSE) this week, with three banks making the top turnover list as buoyant investors poured fresh funds into banking stocks amid renewed optimism.The resilient banking sector has somewhat helped...

Tk 100b wiped out from market cap

FE REPORT | 2024-09-28 00:00:00

Stocks experienced a major setback this week, as jittery investors rushed to dump their holdings to prevent further erosion of their portfolios, prompted by abrupt regulatory measures as part of its ongoing reform initiatives.Panic set in among the investors after...

NY coffee may rise into $2.9435-$3.1785 range in Q4

2024-09-28 00:00:00

SINGAPORE, Sept 27 (Reuters): New York coffee may break resistance at $2.7705 per lb in the fourth quarter and rise into the $2.9435 to $3.1785 range.The contract is believed to be riding on a powerful wave (C) from $1.45, which...

Aluminium at 16-week high, driven by China's stimulus measures

2024-09-28 00:00:00

Aluminium prices in London touched a 16-week high on Friday due to a fund buying triggered by the fresh economic stimulus measures in top metals consumer China, reports Reuters.Three-month aluminium on the London Metal Exchange rose 1.2 per cent to...

China stimulus, mighty gold put silver on a streak

2024-09-28 00:00:00

Silver prices have bubbled up to their highest in over a decade on the back of bullion's stellar bull run and China's stimulus measures, although some analysts expect the rally to fade as industrial sector demand remains a concern, reports...

Wheat eases and soy steadies

2024-09-28 00:00:00

PARIS/SINGAPORE, Sept 27 (Reuters): Chicago wheat edged down on Friday to ease from a two-week high, while soybeans steadied after a volatile previous session, with attention turning to US inflation and grain stocks data.Corn ticked down.Grain and oilseed markets have...

World Tourism Day 2024 celebrated calling for public-private cooperation

2024-09-28 00:00:00

The World Tourism Day was celebrated in the country as elsewhere in the world on Friday with the call for greater cooperation between public and private sectors to seize the vast potential of Bangladesh's tourism industry.The celebration was started through...

Oil steady, on track for weekly drop on firmer supply outlook

2024-09-28 00:00:00

LONDON, Sept 27 (Reuters): Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader OPEC+ group against fresh stimulus from top importer China.Brent crude...

China's Wang Xinyu serves to Russia's Veronika Kudermetova

2024-09-28 00:00:00

China's Wang Xinyu serves to Russia's Veronika Kudermetova during their women's singles match at the China Open tournament in Beijing on Friday — AFP

Alcaraz, Medvedev win Beijing openers

2024-09-28 00:00:00

BEIJING, Sept 27 (AFP): Carlos Alcaraz and Daniil Medvedev both won in straight sets to launch their China Open title bids Friday while 595th-ranked Zhang Shuai pulled off a big shock in the women's draw.Four-time major champion Alcaraz defeated fellow...

Australia recall WC-winning trio for fourth England ODI

2024-09-28 00:00:00

LONDON, Sept 27 (AFP): Australia captain Mitchell Marsh won the toss and elected to field in the fourth one-day international against England at Lord's on Friday as the world champions recalled three senior players in their quest for a series-clinching...

Josh Hull ruled out of Pak Test tour with injury

2024-09-28 00:00:00

Josh Hull, the Leicestershire left-arm seamer, has been ruled out of England men's Test tour of Pakistan with a quad injury, reports espncricinfo.com .Hull, 20, picked up the niggle during his debut in the final Test of the summer against...

Kiwis stumble at 22-2 after Kamindu's 1,000-run milestone

2024-09-28 00:00:00

GALLE, Sri Lanka, Sept 27 (AFP): New Zealand were flailing at 22-2 and trailing by 580 on Friday against a dominant Sri Lankan batting attack that saw middle-order maestro Kamindu Mendis reach 1,000 runs from just eight Test appearances.Sri Lanka...

Tigers likely to play ODI series against Afghans in Nov

2024-09-28 00:00:00

Bangladesh are highly likely to play a three-match ODI series against Afghanistan in November before their tour to West Indies, reports BSS.BCB president Faruque Ahmed said the three ODIs will be considered as a preparation for the Champions Trophy in...

BD team leave for UAE to participate in ICC Women's T20 WC

2024-09-28 00:00:00

Bangladesh Women's Cricket team left Dhaka for UAE on Thursday to participate in the 10-nation ICC Women's T20 World Cup' 2024 in a hope to win at least one World Cup match, reports UNB.Bangladesh women's team, which failed to win...

Shakib's security isn't in board's hand: BCB chief

2024-09-28 00:00:00

BCB president Faruque Ahmed has said the board cannot guarantee Shakib Al Hasan the security he has asked for, to play the Dhaka Test against South Africa in October. Earlier Thursday, Shakib had said that that Test will be his...

Bad weather spoils day one of India-BD Test

2024-09-28 00:00:00

KANPUR, Sept 27 (AFP): Bad light followed by heavy rain ended play before tea on day one of the second Test between India and Bangladesh in Kanpur with the visitors 107-3 on Friday.Mominul Haque, on 40, and Mushfiqur Rahim, on...

Australia sees surge in mpox cases

2024-09-28 00:00:00

SYDNEY, Sept 27 (AFP): Australia has seen a rapid rise in mpox cases in the past three months, with one health expert concerned that low vaccination rates could be driving a spike outside cities.So far this year, 737 cases have...

37 dead in sectarian fighting in Pakistan

2024-09-28 00:00:00

PESHAWAR, Sept 27 (Arab News): The death toll from ongoing sectarian clashes in northwest Pakistan has risen to at least 37, with more than 150 injured in fighting that has raged for a sixth straight day, a local official told...

Putin draws a nuclear red line for the West

2024-09-28 00:00:00

LONDON, Sept 27 (Reuters): Russian President Vladimir Putin has drawn a "red line" for the United States and its allies by signalling that Moscow will consider responding with nuclear weapons if they allow Ukraine to strike deep inside Russia with...

Myanmar junta airstrikes opposition town after talks offer

2024-09-28 00:00:00

YANGON, Sept 27 (AFP): Myanmar's junta carried out fresh air strikes on an opposition-held town Friday, hours after issuing an unprecedented invitation to its enemies for talks on the country's civil war.Thursday's surprise call for discussions is likely a sop...

Lebanon fears Gaza-like carnage as Israel ramps up airstrikes

2024-09-28 00:00:00

BEIRUT, Sept 27 (Reuters/AP/Al Jazeera): When she first heard about the evacuation warnings Israel was sending to residents of Lebanon, Aline Naser's thoughts immediately turned to Gaza.For the past year, the 26-year-old Beirut resident has been following with horror the...

Why cancel recruitment of Family Welfare Inspectors?

2024-09-28 00:00:00

The Directorate of Family Planning issued a notification on 10 March 2020 for the recruitment of 1,080 trainees for the post of Family Welfare Inspector. Approximately 331,000 candidates applied. However, despite the publication of the recruitment circular, the exam was...

Innovative tech fuels trade evolution!

2024-09-28 00:00:00

Emerging technologies are transforming e-business in Bangladesh, fostering both growth and innovation. Cloud computing reduces costs and enables scalable operations, while AI enhances task automation and decision-making. Data analytics plays a crucial role in understanding consumer behaviour and refining marketing...

Resumption of Urdu programme on Betar

Tanim Asjad | 2024-09-28 00:00:00

Bangladesh Betar, the national radio broadcast service, is thinking to resume Urdu broadcasting under its world service programme after five years of suspension. The move has simultaneously sparked a debate and criticism on social media, where some labelled it as...

Repayment of Russian loan hits snags

Syed Mansur Hashim | 2024-09-28 00:00:00

The fallout from economic downturn, coupled with runaway corruption was bound to affect the balance of payments of the country. Today, policymakers are indeed in a fix about how to manage the repayment of principal-plus-interest on loans taken from international...

Managing public debts sustainably

2024-09-28 00:00:00

Of the myriad issues clamouring for urgent attention that the interim government has inherited from its predecessor, the humongous amount of public debt is one. Some of the big external debts against mega projects have been reaching maturity. The US$12.65...

Increased role of non-carbon energy-based power supply

Mushfiqur Rahman | 2024-09-28 00:00:00

The 68 MW Shirajgonj solar park has been supplying power to the national grid since July, 2024. Developed on 214 acres of land located on the flood plains of the river Jamuna (near the Jamuna Multi Purpose Bridge). the solar...

Meta bets big on celebrity AI voices and augmented reality glasses

2024-09-27 12:00:00

MENLO PARK, (US), Sept 26 (AFP): Meta launched AI chatbots voiced by Hollywood celebrities including Judi Dench and John Cena on Wednesday, betting its billions of users are eager to embrace artificial intelligence.At the company's annual product launch event, CEO...