LONDON/PARIS, Oct 9 (Reuters): Europe's luxury brands may have sparkled at Paris Fashion Week, but investors are questioning their taste for the shares in the face of a Chinese slowdown and interest rate uncertainty.After starting 2023 in vogue, on hopes...
SYDNEY/LONDON, Oct 9 (Reuters): Conflict in the Middle East lifted oil and safe-haven government bonds and hurt global stocks and Israeli assets on Monday after Friday's sizzling September US jobs report raised the rate stakes for inflation figures later in...
SEOUL, Oct 09 (Reuters): Samsung Electronics and SK Hynix will be allowed to supply US chip equipment to their China factories indefinitely without separate US approvals, South Korea's presidential office and the companies said on Monday.The US had been expected...
NEW YORK, Oct 09 (Agencies): US bank Citigroup is to sell its consumer banking business in China to Asia-focused banking giant HSBC, it announced on Monday.The deal, which will be finalised in the first half of 2024, will include the...
Dhaka WASA has paid off an installment loan taken from the government for its different projects. The handover ceremony of Debt Service Liabilities (DSL) cheque of fiscal year 2023-24 for Tk 3.4 billion was held at the conference room of...
A sixteen-day foundation course for probationary officers of National Bank Limited (NBL) has been concluded at the bank's training institute recently. Some 33 probationary officers from different branches of NBL participated in the training course. Md Mehmood Husain, managing director...
Rupali Bank Limited has been named the best bank at the Financial Cyber Drill-2023 in the bank and financial institution category. Mohammad Jahangir, managing director and chief executive officer (CEO) of Rupali Bank, thanked the Rupali Bank team for the...
The unit offering of Capitec Grameen Bank Growth Fund to eligible general investors via the stock exchange electronic subscription system was held on Monday at DSE Tower in Dhaka. ATM Tariquzzaman, managing director of Dhaka Stock Exchange Limited (DSE), Khairul...
Syed Moazzam Hossain and Jobayer Tansim Ahmed have been elected president and secretary general of the Australia Bangladesh Chamber of Commerce and Industry (ABCCI) respectively for the term of 2023-2025, says a press release.Mr SM Hossain is the Managing Director...
TRANSFORM, an impact accelerator that unites corporates, donors, investors and academics to support visionary enterprises, has announced a key milestone as research shows it has positively impacted over 10 million people across Africa and Asia, says a press release.Led by...
BENGALURU, Oct 09 (Reuters): India's retail vehicle sales rose 20 per cent in September, a dealers' body said on Monday as it forecast a strong festive season, with easing monsoon worries and higher rural demand helping sentiment.With a 42-day festive...
FE REPORT | 2023-10-10 00:00:00
Some 44 per cent units of Capitec Grameen Bank Growth Fund have remained unsold in the public portion, reflecting a further erosion of investor confidence in the mutual fund sector.The overall sector's weak performance affected the subscription of the new...
FARHAN FARDAUS | 2023-10-10 00:00:00
Last week's lending rate hike by the Bangladesh Bank is feared to wipe out the remaining liquidity of the stock market as investors are likely to rush to divert investment to fixed-income assets. As borrowing cost is going to go...
FRANKFURT, Oct 09 (AFP): German industrial production declined for a fourth straight month in August, official data showed Monday, adding to signs that Europe's largest economy will end the year in a recession.Output fell by 0.2 per cent on the...
WASHINGTON, Oct 09 (AFP): Employees at US industrial automaker Mack Trucks voted down a labor agreement on Sunday and will join some 25,000 other United Auto Workers (UAW) members on strike, the union announced."UAW members at Mack Trucks have voted...
HONG KONG, Oct 09 (Reuters): China aims to boost the country's aggregate computing power by more than 50 per cent by 2025, according to a plan released by authorities on Monday, as Beijing tightens its focus on supercomputing and artificial...
MARRAKESH, Oct 09 (AFP): The IMF and World Bank began talks in Morocco Monday in their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change.The...
Sylhet Zone of Islami Bank Bangladesh PLC organised a discussion on 'Compliance of Shari'ah in Banking Operations' for its clients on the Ambarkhana Branch premises in Sylhet recently. Mufti Mohammad Muhibbullahil Baqee, member of Shari'ah Supervisory Committee, addressed the event...
bKash has launched bKash World Cup quiz and a total of 1,000 winners can get Tk 50 each every day by participating in the competition, says a press release. By answering three simple cricket-related questions in the shortest possible time...
NAZIMUDDIN SHYAMOL | 2023-10-10 00:00:00
CHATTOGRAM, Oct 09: The Chattogram-Dohazari-Cox's Bazar-Gumdhum (CDCG) rail route will commence its commercial operation in December this year as the renovation of Kalurghat Bridge is ongoing.Bangladesh Railway (BR) sources said the inauguration of the CDCG rail line has been postponed...
Citibank, N.A. Bangladesh, after launching its internationally acclaimed Citi Supplier Finance (CSF) program in Bangladesh this year, has recently completed its first CSF transaction with M&J Group, a renowned RMG manufacturer of the country. This is an all-digital, straight-through processing...
To integrate underprivileged children into cultural life and to give them hope for the future, Summit has pledged grants to Music for Development (MfD) programme of Shurer Dhara, says a press release. Mozammel Hossain, Managing Director of Summit Power Ltd...
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex trade body of the country, opened its branch office at Gulshan in the capital on Monday, says a press release.Prime Minister's Private Industry and Investment Adviser Salman F...
The UK and Republic of Ireland are set to be announced as hosts of the 2028 European Championships at a UEFA meeting in Switzerland today (Tuesday), according to BBC Sport.The five-nation bid is now running unopposed after Turkey withdrew from...
NEW DELHI, Oct 09 (AFP): India batsman Shubman Gill has not recovered from dengue fever and will miss his team's second World Cup match against Afghanistan, officials said Monday.Gill sat out the hosts' six-wicket victory against Australia in Chennai on...
Cricket fans enjoying a World Cup match live on the giant screen on the Dhaka University (DU) campus in the city. Nagad, a Bangladeshi Digital Financial Service, has set up the giant LED screen at the TSC. The university authorities...
Players of Royal Oranje FC, a specialised 7-a side football club of the country, posing with the trophy after winning the Hua Hin 7's International Club Cup tournament in Thailand. The 7-a side international football tournament supported by Thai Football...
LONDON, Oct 09 (Reuters): Arsenal substitute Gabriel Martinelli fired a deflected last-gasp winner to earn a 1-0 win over Manchester City on Sunday, a result that moved Mikel Arteta's side level on points with North London rivals Tottenham Hotspur atop...
HYDERABAD, Oct 09 (PTI) The win against the Netherlands wasn't the most convincing but an inconsistent and mercurial Pakistan will still fancy their chances against a bruised and battered Sri Lanka in the World Cup match here on Tuesday.If their...
DHARAMSALA, India, Oct 09 (AFP): England captain Jos Buttler has his "fingers crossed" that players avoid serious injury in their World Cup clash against Bangladesh on a Dharamsala surface he described as "poor".The notoriously sandy and bare outfield at the...
© 2026 - All Rights with The Financial Express
