Britain's Labour Party leader Keir Starmer delivers a speech during a victory rally at the Tate Modern in London early on Friday. The UK's Labour Party swept to power after winning the country's general election, crossing the 326-seat threshold for...
REZAUL KARIM | 2024-07-06 00:00:00
A proposed MoU sent by Delhi on steady supply of some key essential commodities lacks governmental guarantee of delivery to Bangladesh by neighbouring India and prices quoted high above their domestic rates, officials say.Among the downside issues detected so far...
FE REPORT | 2024-07-06 00:00:00
Former central bank governor Dr Mohammed Farashuddin has called the Tk 550 billion interest waiver for top loan defaulters "highly objectionable". While speaking at a programme in Dhaka on Friday, he said government banks should classify these loans as defaulted.He...
Describing the Padma Bridge as a symbol of pride, Prime Minister Sheikh Hasina on Friday said the international community now shows due respect to Bangladesh as the bridge was constructed with own finance, reports BSS."People now show respect when they...
JUBAIR HASAN | 2024-07-06 00:00:00
Corporate borrowing from overseas lenders to meet funding needs squeezes again with the stock of short-term foreign debts having dropped to US$11.04 billion as of last May, prompting economists to predict adverse impact on economic activity.Official data showed, on a...
LONDON, July 5 (Reuters): Investors poured $19 billion into bond funds in the week to Wednesday, the biggest inflow since February 2021, as they locked in high yields, Bank of America said in a research note on Friday.Cash funds received...
BENGALURU, July 5 (Reuters): India's blue-chip Nifty 50 notched another record closing high on Friday, shrugging off a slide in HDFC Bank, and chalked up its fifth straight week of gains, its longest such streak this year.The NSE Nifty 50...
Global investors piled into equity funds in the week to July 3 on expectations of US rate cuts following weaker economic indicators and dovish remarks from Federal Reserve Chair Jerome Powell, reports Reuters.According to LSEG data, investors scooped up a...
FE REPORT | 2024-07-06 00:00:00
Wata Chemicals' stock price jumped more than 44 per cent in a month on the Dhaka Stock Exchange (DSE) without any reason for investors to be keen on betting on the stock.The chemicals producer's net profit fell gradually in the...
FE REPORT | 2024-07-06 00:00:00
The market continued to rally, rounding off a third straight week of gains as buyers renewed their appetite especially for large-cap stocks. The benchmark equity index, DSEX, regained almost 400 points in the past three weeks to end the week...
Russian Daria Kasatkina serving the ball to Spain's Paula Badosa during their women's singles tennis match on the fifth day of the 2024 Wimbledon Championships at The All England Lawn Tennis and Croquet Club in Wimbledon, London on Friday —...
LONDON, July 05 (AFP): Andy Murray suffered a losing start in his farewell to Wimbledon on Thursday, weeping openly in front of his adoring fans before admitting: "I wish I could play forever."Murray, a two-time singles champion at Wimbledon, and...
HARARE, July 05 (AFP): Zimbabwe and India will be looking to the future when they start a five-match Twenty20 international series at the Harare Sports Club on Saturday.Outgoing Indian coach Rahul Dravid described India's win in the T20 World Cup...
KARACHI, July 05 (AFP): Pakistan on Friday announced Test matches against Bangladesh, England and the West Indies -- as well as a one-day tri-series -- in a jam-packed schedule lasting until February next year.Bangladesh will first visit Pakistan in August...
Having suffered an untimely stroke, ex-national cricketer Nafees Iqbal was airlifted to Dhaka from Chattogram for urgent medical treatment on Friday, reports UNB.Chief physician of the Bangladesh Cricket Board (BCB) Dr Debashis Chowdhury confirmed the development adding the stroke was...
HOUSTON, July 05 (AFP): Goalkeeper Emiliano Martinez was the hero, saving two penalties and Lionel Messi's blushes as holders Argentina defeated Ecuador in a penalty shoot-out to book their place in the Copa America semi-finals on Thursday.A Lisandro Martinez header...
89 migrants dead at sea off MauritaniaNOUAKCHOTT, July 05: Nearly 90 migrants bound for Europe perished when their boat capsized earlier this week off the coast of Mauritania, the state news agency and a local official said Thursday, while dozens...
JENIN (Palestinian Territories), July 05 (AFP): Seven Palestinians were killed in an Israeli military operation in the West Bank city of Jenin on Friday, the Palestinian health ministry and the Palestinian Red Crescent said.At least 12 Palestinians have now been...
NEW DELHI, July 05 (Reuters): The early discharge sought by India of its nationals who were "misled" into serving in the Russian army is expected to be discussed during Prime Minister Narendra Modi's visit to Moscow next week, his foreign...
WASHINGTON, July 05 (Reuters): President Joe Biden said "I'm not going anywhere" as he faced calls by many Democrats to end his re-election bid, using the Fourth of July celebrations on Thursday to hit back at doubts about his stamina...
DUBAI, July 05 (Reuters): Iranians voted on Friday for a run-off presidential election that will test the clerical rulers' popularity amid voter apathy at a time of regional tensions and a standoff with the West over Tehran's nuclear programme.State TV...
LONDON, July 05 (Al Jazeera): Keir Starmer has become the United Kingdom’s new prime minister after his centre-left opposition Labour Party swept to a landslide victory, ending 14 years of Conservative rule.“The work for change begins immediately,” Starmer said in...
Prices of rice exported from Thailand and Vietnam slipped this week on slow buying as traders await import policy changes from their major buyer Philippines to take effect, while high freight rates hit African demand for the Indian variety, reports...
LONDON, July 5 (Reuters): Robusta coffee futures on ICE were higher on Thursday as the market continued to derive support from tight supplies in top producer Vietnam while London cocoa prices also rose.New York-based raw sugar, arabica coffee and cocoa...
Gold prices were little changed on Thursday near a two-week high after softer-than-expected US economic data spurred hopes of interest rate cuts as early as September and focus shifted to non-farm payrolls data, reports Reuters.Spot gold was almost unchanged at...
SINGAPORE, July 5 (Reuters): India's solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on...
LONDON, July 5 (Reuters): Copper prices firmed slightly on Thursday as investors balanced optimism over potential US interest rate cuts with concern about high inventories and lacklustre demand in China.Three-month copper on the London Metal Exchange (LME) was up 0.1...
MUMBAI, July 5 (Reuters): India's cut and polished diamond exports have been faltering due to weak demand from the key market, China, and they are unlikely to stabilize unless the government provides support to the industry, the head of a...
LONDON, July 5 (AFP): Britain's new Labour government has pledged immediate action to grow the economy after clinching a landslide election victory to oust the Conservatives, but its task could be hampered by strained state finances following huge Covid expenditures.The...
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