Foreign investors increased their risk appetite, channelling funds into Japanese stocks last week, buoyed by data indicating that core US inflation was slowing down, reports Reuters.Data from Japanese exchanges showed foreign investors purchased shares worth 542.22 billion yen ($3.66 billion)...
FE REPORT | 2023-09-23 00:00:00
The ten most-traded firms accounted for about 31 per cent of the weekly turnover on the Dhaka Stock Exchange (DSE), with Fu-Wang Food dominating the chart for the sixth week in a row.Fu-Wang Food, a small-cap company, continued to dominate...
LONDON, Sept 22 (Reuters): Investors sold stocks at the fastest weekly rate this year in the week to Wednesday, Bank of America Global Research said in a report on Friday.The BofA data captures flows from the run-up to this week's...
Global equity funds recorded massive outflows in the seven days ending September 20 on concerns that the Federal Reserve might maintain its tighter monetary policy for longer to curb inflation, reports Reuters.According to LSEG data, investors withdrew a net $4.52...
FE REPORT | 2023-09-23 00:00:00
The benchmark equity index bounced back amid volatility in the outgoing week, returning to an uptrend after a single-week correction, as bargain hunters put fresh bets on hyped-up insurance stocks in anticipation of short-term gains.As smart investors continued their chase...
MOSCOW, Sept 22 (TASS) - A ban on the export of gasoline and diesel fuel from Russia could lead to an increase in world diesel prices, leading Finam analyst Alexander Potavin told TASS."On a global scale, world prices for diesel...
PARIS, Sept 22 (AFP): By the end of 2023, China will control half the world's installed capacity of electrolysers for producing low-carbon hydrogen amid a slowdown in new projects due to inflation, according to an International Energy Agency report released...
FE REPORT | 2023-09-23 00:00:00
Bangladesh can be the trade hub and bridge of business for the ASEAN, South Asian and South East Asian countries, said Vice President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Dr. Joshoda Jibon Deb Nath on...
Biman Bangladesh Airlines has been offering a 15-20 per cent discount on air tickets to different international destinations at the 10th Asian Tourism Fair that began at Bangabandhu International Conference centre in Dhaka on Thursday, says a press release.The three-day...
ARAFAT ARA | 2023-09-23 00:00:00
The state-run Probashi Kallyan Bank (PKB) said it is facing unprecedented challenges in loan recovery from outbound workers, at a time when the bank's classified loan ratio surged to 15 per cent in FY24 from 7.5 per cent in the...
Indian parliament sets aside 33pc of seats for womenNEW DELHI, Sept 22: Lawmakers in India's upper house of Parliament on Thursday gave final consent to a bill to reserve 33 per cent seats in the lower house and state assemblies...
GENEVA, Sept 22 (AFP): The UN called Friday on Iranian authorities to scrap a new law that dramatically increases penalties for women who flout strict Islamic dress code, describing it as "repressive and demeaning".The United Nations rights office said it...
BATANGAS, Sept 22 (Reuters): A small but restive volcano near the Philippine capital Manila spewed above average sulfur dioxide and volcanic smog on Friday, prompting authorities to close schools in dozens of cities and towns and to urge people to...
TORONTO, Sept 22 (BBC): Canadian PM Justin Trudeau has reiterated that there are "credible reasons" to believe that Indian agents may have been behind the murder of a Sikh separatist on Canadian soil. He first made the allegation on Monday,...
WASHINGTON, Sept 22 (BBC): A military judge at Guantanamo Bay has ruled one of the five defendants charged over the 9/11 attacks is not fit to stand trial in a death-penalty case.The defendant Ramzi bin al-Shibh has been diagnosed with...
LONDON, Sept 22 (Arab News): Those who think peace can prevail in the Middle East without the Palestinian people enjoying their full rights are mistaken, Palestinian Authority President Mahmoud Abbas said on Thursday.Addressing the UN General Assembly, he said Israel's...
TEHRAN, Sept 22 (Reuters): Iran on Friday paraded its military hardware on the anniversary of its 1980s war with Iraq, including "the longest-range drone in the world" along with ballistic and hypersonic missiles, Iranian state media said.They said the drone...
HANGZHOU, Sept 22 (Arab News): Chinese President Xi Jinping held talks with Syrian counterpart Bashar Assad on Friday, and said the two leaders would unveil a new "strategic partnership."Assad is on his first official trip to China in almost two...
Asjadul Kibria | 2023-09-23 00:00:00
From now on, Bangladeshi Muslim pilgrims can plan and prepare their own Umrah itinerary to visit Makkah and Madina as well as some other tourist destinations in the Kingdom of Saudi Arabia (KSA). There will be a little need to...
Nilratan Halder | 2023-09-23 00:00:00
To say he has a heart of gold would be a gross understatement. Well, gold may be a precious metal and its reserves may be quite helpful to size up and stabilise a nation's economy, yet it pales before a...
Matiur Rahman | 2023-09-23 00:00:00
Microfinance, often delivered by non-governmental organisations, (NGO-MFIs), has long been a critical tool in alleviating poverty and fostering economic development in Bangladesh. In recent years, digital transformation has emerged as a powerful catalyst for enhancing the country's efficiency, outreach, and...
Many working women have to use public transport every day in Dhaka. Yet, our public transports are not only inadequate but also unsafe for women and female students. There are reserved seats for women in local buses and a few...
Taxicab is a popular transport service around the world. But it has become almost invisible in Dhaka city. Currently, only a few taxicabs are seen on the roads in the capital city. Some yellow taxicabs are still in operation. If...
Tanim Asjad | 2023-09-23 00:00:00
Introduction of any advanced facility to ease service for providers and users requires a feasibility study so that the cost and benefit of the facility can be estimated. Without a proper feasibility scrutiny, introduction of any good facility or service...
Syed Mansur Hashim | 2023-09-23 00:00:00
While the Bangladesh Petroleum Corporation is in serious financial trouble for a lack of access to US dollars to import necessary energy resources, the state-owned Petrobangla is facing a massive backlash in unpaid bills from other state-owned companies for power...
Domestic workers are the most neglected lot so far as the labour laws of the country are concerned. Of course, there is the Domestic Workers Welfare and Protection Policy, 2015, which defines elaborately what is meant by domestic work. It...
M Rokonuzzaman | 2023-09-23 00:00:00
Technology finds paramount importance in economic development discourse for reaching high-income status. But should less developed countries focus on leveraging proven technologies or unproven possibilities of emerging ones? Often, such a fundamental question creates a policy dilemma, leading to the...
All the cricket lovers, who are planning to witness the much-anticipated clash between Pakistan and India in the ICC World Cup 2023, should know that it is going to be very costly, according to Pakistan TV channel Geo Tv. With...
PARIS, Sept 22 (AFP): In a meeting of two former European champions in crisis, Ajax and Marseille drew 3-3 in "a crazy game" while Liverpool and West Ham were also winners Thursday in the opening round of Europa League group...
HANGZHOU, Sept 22 (BSS): The 19th Asian Games, the largest sporting event in Asia governed by Olympic Council of Asia (OCA), will open tomorrow (Saturday) through a spectacular opening ceremony in the Chinese city of Hangzhou.Chinese President Xi Jinping is...
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