LONDON, Oct 8 (Reuters): The rout in the fixed-income market is causing the "greatest bond bear market of all time", Bank of America Global Research said in a note on Friday, as the peak-to-trough loss in the US 30-year yield...
RIYADH, Oct 08 (Arab News): Oman's banking sector has experienced significant growth, with the combined assets of banks and Islamic windows rising annually, rising 13 per cent to about 7 billion Omani rials ($18.28 billion) in July, reported its central...
BEIJING/SHANGHAI, Oct 08 (Reuters): US automaker Tesla sold 74,073 China-made electric vehicles (EVs) in September, a 10.9 per cent decrease from a year earlier, showed data from the China Passenger Car Association on Sunday.Sales of China-made Model 3 and Model...
NEW YORK, Oct 8 (Reuters): Soaring Treasury yields have stunned the US equity market in recent weeks, with some of the worst fallout hitting a group of stocks expected to have bond-like qualities.The S&P 500 is down about 4 per...
Takaful Islami Insurance Ltd. held its Dhaka Branch Managers' Business Review Meeting in Dhaka recently. Chief Executive Officer (C.C) Abul Kalam Azad presided over the meeting attended by Tahmina Afroz, Chairman of the company, as the chief guest and Executive...
Dhaka Regency Hotel & Resort has organised a food festival titled 'The Local Culinary Heritage of Bangladesh 2023' that began on Thursday and will continue until October 30. The festival will showcase authentic local delicacies from all divisions of the...
The Annual Conference-2023 of Zenith Islami Life Insurance Limited was held at a hotel in Cox's Bazar on Saturday. Chairman of the company and former MP Faridunnahar Laily was present as the chief guest at the conference while its Vice...
ABM Mokammel Hoque Chowdhury, Managing Director & CEO of Union Bank Limited, inaugurated the Khulna, Barishal, Sylhet, Mymensingh Division & Cumilla, Brahmanbaria, Feni, Noakhali, Laxmipur and Chandpur District 3rd Quarterly Business Review Meeting 2023 as the chief guest at the...
Shari'ah-based Standard Bank organised a virtual workshop on 'Excellence in Remittance Services' recently. Md Habibur Rahman, Managing Director & CEO, inaugurated the workshop as the chief guest while Md Siddiqur Rahman, Deputy Managing Director &COO, presided over the event.
City Bank, in collaboration with Heifer International Bangladesh, recently distributed 600 tonnes of poultry and fish feed among more than 400 marginal farmers in Rajshahi as part of its corporate social responsibility. City Bank additional managing directors Sheikh Mohammad Maroof...
Exim Bank arranged a business development conference with all branch managers, executives and officials of Sylhet region in Sylhet on Friday. Managing Director and CEO of Exim Bank Mohammad Feroz Hossain was present as the chief guest while Sylhet Regional...
RIYADH, Oct 08 (Arab News): As the global population surges, securing a stable supply of food and water has become paramount for a sustainable future. Saudi Arabia, ever at the forefront of change, places this challenger at the centre of...
Electronics brand Walton, for the third time, is going to take part in the world's largest trade 'China Import and Export Fair,' popularly known as 'Canton Fair', beginning on October 15 in Guangzhou, China, says a press release. Walton is...
Mutual Trust Bank Ltd (MTB) launched a week-long 'Retail Fest 2023' on Sunday. MTB Managing Director and CEO Syed Mahbubur Rahman announced the inauguration of the fest as the chief guest at MTB Tower in the capital. Themed 'Celebrate the...
FE REPORT | 2023-10-09 00:00:00
The key index of the Dhaka bourse hit two-month low on Sunday as jittery investors continued to dump holdings to exit the market.As the market absorbed the impact of US visa restrictions, it received another blow from the policy rate...
CHISINAU, Oct 8 (Reuters): Moldovan authorities have enacted regulations calling for free transport of European gas to and from storage facilities in neighbouring Ukraine to ensure the country's winter needs are met.The Commission on Emergency Regulations called on Moldova's gas...
LONDON, Oct 8 (Reuters): High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in debt crises. Helping them claw out of this will be a key agenda...
SHANGHAI, Oct 8 (Reuters): China's foreign exchange reserves fell more than expected in September, official data showed on Saturday, as the US dollar rose against other major currencies.China's reserves - the world's largest - fell $45 billion to $3.115 trillion...
LONDON, Oct 8 (Reuters): Asian spot liquefied natural gas (LNG) prices retreated from a seven-month high as demand remained muted due to warmer weather and as market players did not envisage production losses from the possible return of strikes in...
Md Shahadat Hossain FCA, Past President and Council Member of ICAB, has been appointed as a member of the Board of Directors of Confederation of Asian and Pacific Accountants (CAPA) at the annual general meeting (Assembly of Delegates) of CAPA...
ONE Bank Limited signed an agreement with Smart Technologies (BD) Ltd (SONY-SMART) recently. Md Sarwar Jahan Chowdhury, General Manager of Smart Technologies and Md Kamruzzaman, Head of Retail Banking of ONE Bank, signed the agreement. Under this agreement, ONE Bank...
As part of its Corporate Social Responsibility (CSR), Midland Bank Limited donated Tk 200,000 as financial assistance to Rangpur City Corporation for healthcare purpose. Md Rezaul Haque, Head of Rangpur Branch of Midland Bank, handed over the cheque to Mayor...
BRAC Bank has opened a new sub-branch at Khulsi in Chattogram. This is the first sub-branch of the bank in Chattogram. Chairperson of BRAC Bank Meheriar M Hasan formally inaugurated the sub-branch at Triangle Tower on Sunday. Selim R F...
With the ICC Men's Cricket World Cup in full swing, Standard Chartered strives to help clients and customers make the most of the fun-filled cricket season and Standard Chartered Bangladesh has joined hands with several popular dining, lifestyle, and electronics...
FE REPORT | 2023-10-09 00:00:00
Regular coordination among bankers, regulators and media personnel is needed to ensure authentic flow of information that will help avoid dissemination of fake or engineered news, experts said at a seminar on Sunday.They called upon reporters to play a role...
NAZIMUDDIN SHYAMOL | 2023-10-09 00:00:00
CHATTOGRAM, Oct 08: The authorities have decided to start operation of the first unit of Matarbari Ultra Super Critical Coal Fired Power Plant next month (November). Work of the dream project at Matarbari in Maheshkhali upazila of Cox's Bazar has...
US energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since early September, energy services firm Baker Hughes said in its closely followed report...
NEW DELHI, Oct 8 (Reuters): Indian steel companies plan to raise prices of various grades of the alloy due to rising import costs of coking coal, especially from major producer Australia, officials at four domestic mills said.Steel mills are likely...
United Airlines has announced an order for 110 aircraft from Boeing and Airbus for delivery beginning in 2028 as it seeks to expand its international network, reports Reuters.The Chicago-based carrier said its order is also intended to mitigate the persistent...
SINGAPORE, Oct 8 (Reuters): Asian flour millers are likely to step up purchases as global wheat supplies are forecast to tighten in the months ahead, with dry weather reducing production in some key exporting countries.Wheat importers, including from Indonesia, the...
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