SHANGHAI/SINGAPORE, Apr 15 (Reuters): China's central bank on Monday left a key policy interest rate unchanged as widely expected when rolling over maturing medium-term loans, and drained some cash from the banking system through the bond instrument.Keeping the medium-term lending...
GENEVA, Apr 15 (Reuters): Global goods trade should rebound this year, but more slowly than previously expected, after only its third decline in 30 years in 2023, the World Trade Organization said last week.The Geneva-based trade body said easing inflationary...
BRAC Bank has promoted three senior leaders of the Distribution Network and Finance Divisions to Senior Executive Vice President (SEVP). The promotion took effect from April 1, says a press release. The promotees are A.K.M. Tareq, Senior Zonal Head (North),...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has announced that the Confederation of Asian and Pacific Accountants (CAPA) has appointed Abdur Rahman Khan, the immediate past president of ICMAB, as the Chairman of the Public Sector Advisory...
Prime Bank board recommended 17.50 per cent cash dividends to its shareholders for the year 2023.The board of directors of the bank adopted its annual audited financial statements at the meeting held on Monday and decided the dividend payment in...
FE REPORT | 2024-04-16 00:00:00
The Dhaka Stock Exchange (DSE) incorporated newly-listed Best Holdings, from the travel and leisure sector, into the broad index (DSEX) after it met all the criteria linked to investor trading. The indices committee of the DSE selected this company after...
Azeeza Aziz Khan, director, Summit Group, has been chosen as one of the young global leaders for 2024, according to a press release. The World Economic Forum unveils 2024's Young Global Leaders: a group of nearly 90 most promising changemakers...
FE REPORT | 2024-04-16 00:00:00
SS Steel, a publicly-traded steel manufacturer, has planned to issue seven-year convertible bonds to collect Tk 5 billion through private placement to alleviate its finance cost burden by paying off bank loans.The board has reached the decision as a pile-up...
FE REPORT | 2024-04-16 00:00:00
The stock market witnessed a major setback on Monday, the first session after the Eid break, with the key index of the Dhaka bourse sinking below 5,800-mark once again. Investor participation was very thin on the trading floor as most...
BERLIN, Apr 15 (Reuters): German inflation eased in March, adding to the signs that euro zone price pressures are abating and increasing the pressure on the European Central Bank to start cutting interest rates.Inflation in Europe's largest economy slackened to...
ISLAMABAD, Apr 15 (Reuters): Pakistan's central bank has repaid $1 billion in Eurobonds, it said on Saturday, a scheduled payment ahead of the South Asian nation seeking a long-term bailout from the International Monetary Fund.The bond, launched in 2014 and...
NEW DELHI, Apr 15 (Reuters): India's merchandise exports fell for the first time in four years in 2023/24, official data showed on Monday, hit by factors including geopolitical tensions and export curbs on foodstuffs such as rice to curb domestic...
LONDON, Apr 15 (Reuters): Global revenues from the sale of carbon permits in emissions trading systems (ETS) grew to a record $74 billion last year, as governments increasingly turn to such schemes to help tackle global warming, a report showed...
KUALA LUMPUR/MUMBAI, Apr 15 (Reuters): Malaysia's palm oil stocks at the end of March dropped to their lowest in 10 months as a jump in exports offset a rebound in production, the industry regulator said on Monday.The reduction in stocks...
LONDON/BRUSSELS, Apr 15 (Reuters): Governments, business leaders and development banks have two years to take action to avert far worse climate change, the U.N.'s climate chief said last week, in a speech that warned global warming is slipping down politicians'...
Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles, reports Reuters.The world's largest...
An Eid reunion programme was held at the head office of Social Islami Bank PLC on Monday. Zafar Alam, Managing Director and CEO of the bank, was present as the chief guest. Deputy Managing Directors Mohammad Forkanullah, Abdul Hannan Khan...
Arun Kumar Chowdhury has been appointed as Managing Director of Karmasangsthan Bank as per notification dated April 09 of the Financial Institutions Division, Ministry of Finance. Prior to his new assignment, he was serving as Deputy Managing Director of Bangladesh...
Apple's smartphone shipments dropped about 10 per cent in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday, reports Reuters.Global smartphone shipments increased...
LONDON, Apr 15 (Reuters): Arsenal's Premier League title push was hit by late goals from Aston Villa's Leon Bailey and Ollie Watkins as they suffered a surprise 2-0 home defeat on Sunday to hand the initiative to leaders and defending...
Bangladesh pace bowler Mustafizur Rahman will be available for Chennai Super Kings' (CSK) clash against Punjab Kings on May 01 as Bangladesh Cricket Board (BCB) extended his leave for one more day for the ongoing Indian Premier League. The left-armer...
KARACHI, Apr 15 (Geo Tv): In a rather disappointing news for cricket fans, Pakistan's star pacer Shaheen Afridi is likely to miss out on multiple matches in the upcoming T20 series against New Zealand, sources told Geo News on Monday.They...
Abahani Limited continued their undefeated streak in the Dhaka Premier Division Cricket League (DPDCL), securing a 58-run victory over Prime Bank Cricket Club at Sher-e-Bangla National Cricket Stadium in the city on Monday, reports UNB.This marks their 10th consecutive win...
LAXMIPUR, Apr 15 (BSS): Two people including a house owner died after inhaling toxic gas inside a septic tank while cleaning the tank at a house in West Rakhalia village of Sonapur union under Raipur upazila of the district on...
OUR CORRESPONDENT | 2024-04-16 00:00:00
CHANDPUR, Apr 15: During the Eid-ul-Fitr holiday, vacationers from far and near gathered largely at the parks and recreation spots in Chandpur Sadar and Shahrasti upazilas in quest of merriment.In Chandpur town, braving hot, humid and sultry weather, travel-lovers, especially...
Israeli military calling up reservistsfor more Gaza operationsJERUSALEM, Apr 15: The Israeli military said on Sunday it will soon call up two reserve divisions for operations in Gaza, where it has been conducting a war against Islamist militant group Hamas....
PRAGUE, Apr 15 (AFP): The Czech Republic has been hit by a soaring number of whooping cases and the fast growing outbreak has killed three people, health authorities said on Monday.The country of 10.9 million people has registered 7,888 cases...
SYDNEY, Apr 15 (BBC): A bishop and several other people have been stabbed during a sermon in Sydney that was being streamed online, local media report. The incident reportedly happened on Monday night in the suburb of Wakeley.Police responded to...
LAHORE, Apr 15 (AFP): At least 41 people have died in storm-related incidents across Pakistan since Friday, including 28 killed by lightning, officials said on Monday.Pakistan's National Disaster Management Authority (NDMA) has warned of landslides and flash floods because more...
NEW YORK, Apr 15 (Reuters/AP): President Joe Biden has told Israeli Prime Minister Benjamin Netanyahu that the United States would not participate in any Israeli counter-offensive against Iran, a White House official said on Sunday. Iran launched hundreds of drones...
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