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ICB faces setback amid sluggish market

FE REPORT | 2023-11-18 00:00:00

The spillover impact of the almost stagnant capital market is taking a heavy toll on Investment Corporation of Bangladesh (ICB) as the corporation endured losses of Tk 2.36 billion in the first quarter of FY'24.The lone state-run investment bank had...

Stocks back in red on political worries

FE REPORT | 2023-11-18 00:00:00

Stocks slipped into the red in the outgoing week after a single-week break, as jittery investors offloaded their holdings to avoid potential losses amid mounting political tensions ahead of national election scheduled for January 7, 2024.The market remained bearish for...

Apple files legal challenge to EU's Digital Markets Act

2023-11-18 00:00:00

LONDON, Nov 17 (Reuters): Apple has filed a legal case contesting decisions taken by the European Commission under its recently-introduced Digital Markets Act, according to a post shared by the Court of Justice of the European Union on X.The tough...

Biden says stable China ties benefit world

2023-11-18 00:00:00

SAN FRANCISCO, Nov 17 (AFP): US President Joe Biden reassured Asia-Pacific economies of American commitment at a summit in San Francisco Thursday, and said his talks with Chinese leader Xi Jinping would provide stability for the region and the whole...

The Cyclone Midhili flattened standing crops on a field

2023-11-18 00:00:00

The Cyclone Midhili flattened standing crops on a field in Bolirpul area of Kamalnagar upazila under Laxmipur district on Friday while crossing the coastal area before weakening — Focus Bangla

Modi urges leaders to unite against war challenges

2023-11-18 00:00:00

NEW DELHI , Nov 17 (AP) : Indian Prime Minister Narendra Modi urged leaders of developing nations to unite in the face of growing challenges due to the Israel-Hamas war as he convened a virtual summit of more than 100...

Photo session of few founding members of IFAC and CAPA

2023-11-18 00:00:00

President of the Institute of Chartered Accountants of Bangladesh (ICAB) M Moniruzzaman and Chief Operating Officer Mahbub Ahmed Siddique are seen in a photo session with Chief Executive Officer of the International Federation of Accountants (IFAC) Kevin Dancey and Chief...

Indian visa application centre in Ctg relocated

OUR CORRESPONDENT | 2023-11-18 00:00:00

CHATTOGRAM, Nov 17: The High Commission of India, Dhaka and Assistant High Commission of India, Chattogram on Thursday declared relocation of Indian Visa Application Centre (IVAC), Chattogram to its new premises at East Nasirabad in the port city. The new...

Call for faster settlement for faster sectoral growth

FE REPORT | 2023-11-18 00:00:00

Bangladesh Securities and Exchange Commission (BSEC) chairman Prof Shibli Rubaiyat-ul Islam has accentuated the need for faster settlement of insurance claims for smoother growth of the sector.He said, "If we fail to settle insurance claims promptly and expeditiously, it may...

News in Brief--(2023-11-18)

2023-11-18 00:00:00

Australian war crimes whistleblower pleads guiltySYDNEY, Nov 17: A whistleblower who helped expose allegations of Australian war crimes in Afghanistan has pleaded guilty to leaking classified information. David McBride was due to face trial next week, but changed his plea...

Hungary launches new anti-EU survey

2023-11-18 00:00:00

BUDAPEST, Nov 17 (AFP): The Hungarian government launched on Friday a "national consultation" billed as "protecting" the country against alleged European Union policies, including war-torn Ukraine's potential membership of the bloc.Prime Minister Viktor Orban's nationalist government has, since 2015, frequently...

Biden, Trump unpopularity buoys third party hopes for 2024 US polls

2023-11-18 00:00:00

NEW YORK, Nov 17 (Reuters): Facing a likely choice between Republican Donald Trump or Democrat Joe Biden in the 2024 presidential race, many Americans are desperate for younger, less divisive options.A large and potentially consequential market for third-party candidates -...

Darfur’s Jem rebels join army fight against RSF

2023-11-18 00:00:00

DARFUR, Nov 17 (BBC): Two rebel groups from Sudan's Darfur region say they will fight alongside the army in the country's civil war.This comes after the paramilitary Rapid Support Forces (RSF) made major gains in Darfur, where it has been...

Russia loads missile with nuclear-capable glide vehicle into launch silo

2023-11-18 00:00:00

Russia’s rocket forces have loaded an intercontinental ballistic missile equipped with the nuclear-capable Avangard hypersonic glide vehicle into a launch silo in southern Russia, according to a Defence Ministry TV channel broadcast, reports Al Jazeera.President Vladimir Putin announced the Avangard...

Gaza communications down as Israel searches main hospital

2023-11-18 00:00:00

GAZA STRIP, Nov 17 (AFP): Israeli troops carried out building-by-building searches at Gaza's main hospital, as a new communications blackout in the territory on Friday compounded fears for Palestinian civilians trapped inside the facility.Al-Shifa hospital has become a focal point...

Kishida voices 'serious concerns' to Xi on Chinese military activity, Russia collaboration

2023-11-18 00:00:00

SAN FRANCISCO, Nov 17 (AFP): Japan's Prime Minister Fumio Kishida said Thursday that he expressed to President Xi Jinping his "serious concerns" about Chinese military activity in the region while demanding that a ban on seafood imports be revoked."I... expressed...

Myanmar military, insurgents battle over port town

2023-11-18 00:00:00

Yangon, Nov 17 (Agencies): Myanmar's military has launched attacks from the air and the sea to recapture a port town on the Bay of Bengal, an opposition alliance said on Friday, as junta forces face the fiercest offensive from their...

EU to ban Russian diamonds from start of 2024

2023-11-18 00:00:00

BRUSSELS, Nov 17 (Reuters): The European Commission is proposing to ban imports of Russian diamonds and diamond jewellery from the start of 2024 as part of a new sanctions package to curb Russia's ability to finance its invasion of Ukraine,...

Gold scales two-week high on expected Fed pause

2023-11-18 00:00:00

Gold prices climbed to a two-week high on Friday and were set to mark their first weekly rise in three as market expectations that the US Federal Reserve has finished raising rates weighed on the dollar and Treasury yields, reports...

Exxon Mobil plans to invest up to $15b in Indonesia

2023-11-18 00:00:00

JAKARTA, Nov 17 (Reuters): US oil major Exxon Mobil is planning to invest up to $15 billion in a petrochemical project and carbon capture and storage (CCS) facilities in Indonesia, President Joko Widodo said in a presidential palace statement on...

Oil perks up after sharp week-long selloff on supply, demand concerns

2023-11-18 00:00:00

LONDON, Nov 17 (Reuters): Oil prices edged higher on Friday, a day after sinking 5 per cent to a four month-low on growing worries about burgeoning non-OPEC supply and cooling demand.Brent futures rose 80 cents, or about 1 per cent,...

Arsenal boss Arteta charged over VAR rant

2023-11-18 00:00:00

LONDON, Nov 17 (AFP): Arsenal manager Mikel Arteta has been charged by the Football Association over an explosive VAR rant following his side's controversial defeat against Newcastle.Arteta said the VAR decision not to disallow Anthony Gordon's goal in the 1-0...

Hit Pakistani cricket show wins hearts in India

2023-11-18 00:00:00

NEW DELHI, Nov 17 (AFP): Long-simmering rivalries on and off the pitch divided India and Pakistan once more at the World Cup, but a cricket show run by Pakistani greats of the game has won fans across the border.The Pavilion,...

Uruguay stun Argentina

2023-11-18 00:00:00

MONTEVIDEO, Nov 17 (AFP): Uruguay ended Argentina's 14-match unbeaten streak with a 2-0 victory over the world champions in World Cup qualifiers on Thursday as Luis Diaz scored twice to fire Colombia to an emotional 2-1 win over Brazil.Defender Ronald...

Dozens injured, arrested in Bulgaria Euro qualifier clashes

2023-11-18 00:00:00

SOFIA, Nov 17 (AFP): At least 33 police officers and 24 football fans were injured in clashes outside the stadium where Bulgaria were playing a Euro 2024 qualifier against Hungary, authorities said Friday.UEFA had ordered Thursday's game in Sofia to...

Leading batsmen and bowlers at Cricket WC

2023-11-18 00:00:00

KOLKATA, Nov 17 (AFP): Leading batsmen and bowlers at the Cricket World Cup after the 2nd semi-final:BatsmenVirat Kohli (IND) 711 runs, Quinton de Kock (RSA) 594, Rachin Ravindra (NZL) 578, Daryl Mitchell (NZL) 552, Rohit Sharma (IND) 550, David Warner...

Six memorable India-Australia ODI matches

2023-11-18 00:00:00

AHMEDABAD, Nov 17 (AFP): Undefeated India and five-time champions Australia will clash in the World Cup final at the world's biggest cricket stadium in Ahmedabad on Sunday. The news agency Sport takes a look at six unforgettable encounters between the...

India eye fairytale finish in WC final against Australia tomorrow

2023-11-18 00:00:00

AHMEDABAD, Nov 17 (AFP): Rohit Sharma's undefeated India will look to end a 10-year global title drought in front of 130,000 fans in the World Cup final against five-time champions Australia on Sunday.India have racked up 10 straight wins at...

A journey towards universal access

Mohammad Ashraful Islam Khan | 2023-11-18 00:00:00

Health, in fact, is a fundamental human right, and it is the responsibility of the state to ensure this right of all its citizens. However, a critical examination reveals that not all South Asian governments are effectively ensuring this right...

The other side of deceptive season hemanta

Nilratan Halder | 2023-11-18 00:00:00

The season hemanta comprising Kartik and Agrahayan on the Bangla calendar, usually cuts a low profile except for the harvest of Aman paddy and the popular agrarian festival Nabanna. It can be called an introvert season with little colour and...