Most stock markets in the Gulf rose in early trading on Monday after lawmakers in Washington reached a tentative agreement on the US debt ceiling deal, although concerns about more Federal Reserve interest rate hikes capped gains, reports Reuters.US President...
LONDON, May 29 (Reuters): European stock indexes slipped slightly on Monday, lacking momentum in thin trade while optimism about the US having reached a debt ceiling deal over the weekend kept Wall Street futures positive.US President Joe Biden and top...
Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline, reports Reuters.A deal to lift the...
RIYADH, May 29 (Arab News): Qatar recorded a trade surplus of 22 billion Qatari riyals ($6 billion) in April 2023, according to a report released by the country's Planning and Statistics Authority. The data reflects a 3.5 per cent increase...
RIYADH, May 29 (Arab News): The aggregate profit of banks operating in Saudi Arabia increased by 3.4 per cent year on year in April to reach SR5.78 billion ($1.55 billion), according to the latest figures released by the Saudi Central...
DETROIT, May 29 (Reuters): Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence.Under the agreement, announced at...
RIYADH, May 29 (Arab News): Saudi Arabia and Russia's bilateral economic ties are set to get a new boost as the Kingdom is hosting the Made in Russia +Innoprom business mission in Riyadh on May 29 and 30. In an...
BEIJING, May 29 (Reuters): Chinese Commerce Minister Wang Wentao urged Japan to halt semiconductor export controls, calling it a "wrongdoing" that "seriously violated" international economic and trade rules, a statement from his ministry said on Monday.China's latest condemnation of the...
The FMPE division of Bangladesh Agricultural Research Institute (BARI) arranged an adaptive trial of farm machinery on Monday. Dr. Debasish Sarker, Director General of BARI, was present at the event as the chief guest. Dr. Ferdouse Islam, Director (Support &...
The 854th meeting of the Executive Committee (EC) of Shahjalal Islami Bank Limited (SJIBL) was held at the Corporate Head Office of the bank recently. The meeting was presided over by Akkas Uddin Mollah, the Chairman of Executive Committee (EC)....
FE REPORT | 2023-05-30 00:00:00
The Institute of Bankers, Bangladesh (IBB) has sought cooperation of all concerned to conduct the banking professional examinations on June 3 and 10 in a fair and orderly environment.It said the 96th Banking Professional Examination of the IBB was held...
Professor Dr Sujit Kumar Bala has taken over as the chairman of the board at Dhaka WASA, says a press release.Dr Bala went on PRL (post-retirement leave) after serving as a professor of the Institute of Water and Flood Management...
BENGALURU, May 29 (Reuters): Indian shares advanced on Monday, led by an uptick in financials while improved global cues due to a weekend debt ceiling deal in the US added heft.The blue-chip Nifty 50 index closed 0.54 per cent higher...
TOKYO, May 29 (Reuters): Japan's Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a US debt ceiling deal and a weaker yen.SoftBank Group jumped more than 8 per cent as shares...
FE REPORT | 2023-05-30 00:00:00
The stock market regulator has rejected a proposal by HR Textile for issuing rights shares. In October last year, the board of directors of the company declared 5 per cent cash and 10 per cent stock dividends for FY22.It had...
Pubali Bank Limited organised a remittance promotional campaign to distribute gifts through scratch cards to the expatriates for sending their income to their loved ones. In continuation of this, remittance customer Marjia Akter of Chawkbazar Branch in the Cumilla region...
Prime Bank Limited has announced a 17.50 per cent cash dividend for the year 2022. The announcement was made at the 28th annual general meeting (AGM) of the bank held virtually on Sunday, said a statement. Board of directors, independent...
Eastern Bank Ltd (EBL) launched a dedicated China Business Desk in Dhaka to facilitate cross-border business and banking services for China-Bangladesh trade. The centre at EBL's head office in Gulshan aims to meet the comprehensive banking needs of Chinese companies...
FE REPORT | 2023-05-30 00:00:00
Emerald Oil Industries on Monday declared that it will hold a board meeting on June 1 after it remaining pending for three years to discuss audited financial statements of 2020, 2021 and 2022.The stock rose 3.29 per cent to Tk...
FE REPORT | 2023-05-30 00:00:00
The High Court has rejected a revision petition filed by mobile operator Robi Axiata Limited challenging a lower court order that asked the company to submit a compliance report over a claim of Tk 2.27 billion by its former Chief...
Babul Barman | 2023-05-30 00:00:00
The SME index of the Dhaka Stock Exchange increased 17 per cent, or 178 points, to 1,220 in the seven days since the beginning of bulk share transactions on the platform to Monday.Though buyers and sellers have not shown much...
SINGAPORE, May 29 (Reuters): Singapore's Temasek Holdings said it cut compensation for the team that recommended investing in the now-bankrupt FTX cryptocurrency exchange and for senior management, as they take "collective accountability" for the failed investment.The cuts were disclosed in...
LONDON, May 29 (Reuters): The dollar nudged lower on Monday, pulling back from six-month peaks against the yen as a US debt ceiling deal lifted risk appetite across world markets and dented the greenback's safe-haven appeal.US President Joe Biden on...
LONDON, May 29 (IANS): Every seven minutes, a customer in the UK falls victim to an online shopping scam originating in one of the two Meta-owned platforms, costing consumers more than 5,00,000 pound per week, a new report has shown.Research...
LONDON, May 29 (Reuters): Turkey's lira hit fresh record lows against the dollar on Monday, though stocks rallied, after President Tayyip Erdogan secured victory in Sunday's presidential election, extending his increasingly authoritarian rule into a third decade.The lira weakened to...
NRBC Bank has been observing Safety Awareness Week from May 28 to May 31 to raise public awareness about fire prevention, earthquake safety, thunderstorm preparedness and cyber security. Chairman of the bank SM Parvez Tamal inaugurated the Awareness Week at...
LafargeHolcim Bangladesh Limited (LHBL) has won the SDG Brand Champion Awards 2023 in two categories -- 'Affordable and Clean Energy' and 'Sustainable Community Development'. The company's sustainable waste management through Geocycle was the winner and the initiative of sustainable community...
The Microcredit Regulatory Authority and Sonali Bank signed an E-Payment Agreement and inaugurated QR Code Certification Programme at the conference room of the Authority on Monday. Sheikh Mohammad Salim Ullah, secretary of the Financial Institutions Division, inaugurated the programme as...
Remittance clients of Islami Bank Bangladesh Limited have the opportunity to get a refrigerator when they receive cash remittance through Hello Paisa. This offer will continue from June 1 to June 27. Muhammad Qaisar Ali, Managing Director (Current Charge) of...
MANILA, May 29 (AFP): The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMF bailout as the country battles its worst economic crisis.The loan will help stabilise the economy of the South...
© 2026 - All Rights with The Financial Express
