Facebook-parent Meta Platforms Inc is set to raise $10 billion in its first-ever bond offering on Thursday, as it looks to fund share buybacks and investments to revamp its business, according to two sources close to the deal, reports Reuters.The...
SHANGHAI, Aug 5 (Reuters): Chinese chipmakers' shares jumped by the most in two years this week as House of Representatives Speaker Nancy Pelosi's visit to Taiwan heightened tensions with the US, driving patriotic bets on a sector Beijing sees as...
FE REPORT | 2022-08-06 00:00:00
The ten most-traded companies accounted for 29 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Beximco dominating the turnover chart for the fourth straight week.Market insiders said Beximco -- the flagship company of...
BABUL BARMAN | 2022-08-06 00:00:00
Stocks rebounded strongly in the week to Thursday, paring two weeks of losses, amid high optimism as the securities regulator reintroduced the 'floor price' for all the equities.Continuous fall of share prices prompted the Bangladesh Securities and Exchange Commission (BSEC)...
Thailand's central bank said on Friday it expected to test its retail digital currency from late this year to the middle of 2023, as an alternative payment option, reports Reuters.During the testing, the retail central bank digital currency (CBDC) will...
The Reserve Bank of India's key policy repo rate was raised by 50 basis points on Friday, the third increase in the current cycle to cool stubbornly high inflation that has remained above the central bank's tolerance band for six...
WASHINGTON, Aug 5 (AFP): American exports set another record in June, narrowing the US trade gap for the third consecutive month, according to official data Thursday.Goods and services exports rose by $4.3 billion last month to $260.8 billion, topping the...
In the middle of a serious economic crisis, the World Bank has cancelled or withheld a $335 million concessionary loan quota for Pakistan after Islamabad failed to empower the debt office and could not harmonise the sales tax and property...
Eleven Bangladeshi and six Turkish companies have come together and established the new Bangladesh-Türkiye Business Forum (BTBF) to strengthen bilateral ties, expedite connections and optimise potential, reports UNB.The newly established Bangladesh-Türkiye Business Forum aspires to be the leading business platform...
State Minister for Foreign Affairs Md. Shahriar Alam has laid emphasis on greater collaboration with Nepal in sectors like hydroelectricity, tourism, connectivity, trade and people to people contacts, reports UNB.He interacted with the members of the parliamentary delegation from Nepal...
FE Report | 2022-08-06 00:00:00
The Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) has requested the government to take measures for urgently handing over 50 acres of land for setting up the plastic industrial estate in Sirajdikhan upazila under Munshiganj.To this effect, the association...
Switzerland's Menia Bentele playing the ball during the women's semi-finals of the Beach Volleyball Team European Championship match between Switzerland and Latvia in Vienna, Austria on Friday — AFP
LOS CABOS, Mexico, Aug 05 (AFP): World number one Daniil Medvedev powered into the semi-finals of the ATP hardcourt tournament in Los Cabos, Mexico, on Thursday with a 6-2, 6-2 victory over Ricardas Berankis.Medvedev, playing his first tournament since bowing...
The Premier League returns to action with both Arsenal and Chelsea facing tests against teams managed by their former title winning heroes.The season's opener on Friday saw a strengthened Arsenal travelling south of the Thames to take on a Crystal...
ZURICH, Aug 05 (AP): The United States women's soccer team extended its five-year reign atop the FIFA rankings on Friday and new European champion England moved up to No. 4. The U.S. won its regional championship for the third straight...
MANCHESTER, United Kingdom, Aug 05 (AFP): Manchester City manager Pep Guardiola will not stand in Bernardo Silva's way should he wish to join Barcelona before the end of the transfer window.Guardiola said there has been no bid from his former...
SAN JOSE, Aug 05 (AP): Coco Gauff held off four-time major champion Naomi Osaka 6-4, 6-4 on Thursday night to advance to the quarterfinals at the Mubadala Silicon Valley Classic. Gauff, the No. 6 seed, held all of her serves...
Paris St Germain have signed Portugal international midfielder Renato Sanches from Lille on a five-year deal, the French Ligue 1 champions said on Thursday.PSG did not disclose the fee but reports in the French media said they had paid Lille...
Nine sports personalities and two organisations on Friday received the prestigious Sheikh Kamal National Sports Council (NSC) Award in 2022.Prime Minister Sheikh Hasina distributed the Sheikh Kamal National Sports Council Award-2022 among the nine sports personalities and two organizations in...
NEW DELHI, Aug 05 (AFP): Two hulking weightlifters from opposite sides of the often tense India-Pakistan frontier shared the podium at the Commonwealth Games -- and then celebrated together to their favourite rapper.The affinity between Pakistani gold medallist Nooh Dastgir...
Chief of Army Staff General SM Shafiuddin Ahmed poses with the Bangladeshi participants in the Commonwealth Games-2022 in Birmingham recently — ISPR
Opener Tamim Iqbal became the first Bangladeshi batter to reach the milestone of 8000 runs following his 62 runs against Zimbabwe in the opening game of the three-match ODI series on Friday at Harare Sports Club.The ODI captain needed just...
RIYADH, Aug 5, (AFP): Saudi Arabia said Thursday it had achieved a rare budget surplus of over $20 billion in the second quarter of 2022, as oil revenues surged 90 percent compared to a year ago.Despite being among the world's...
PARIS/SINGAPORE, Aug 5 (Reuters): Chicago wheat, corn and soybean futures edged lower on Friday, curbed by news of further grain shipments from war-torn Ukraine and investor caution over the economy ahead of U.S. jobs data.Mixed weather for U.S. crops and...
Gold prices firmed on Friday to hover near a one-month high, as a retreat in dollar and U.S. Treasury yields and growing recession fears boosted demand, keeping the safe-haven metal on track for its third straight weekly rise, reports Reuters.Spot...
LONDON, Aug 5 (Reuters): Copper extended its rebound on Friday as fears of a global recession eased and investors focused on low inventories and threats to supply.Three-month copper on the London Metal Exchange (LME) climbed 1.4% to $7,839 a tonne...
ISTANBUL, Aug 5 (AFP): Three more ships loaded with grain sailed from Ukraine on Friday under a UN-backed deal lifting Russia's blockade of the Black Sea, Turkey's defence ministry said.The Panama-flagged Navistar left Odessa for Ireland with 33,000 tonnes of...
As the Russia-Ukraine conflict pushed the global energy situation into a turmoil with Europe shutting down lights and cold water for baths, Bangladesh should not be expected of escaping the crisis and hardly was there any alternative to initiatives of...
LONDON, Aug 5 (Reuters): Oil prices on Friday stayed near their lowest levels since February as concerns over a possible recession and a fall in fuel demand continued to rattle markets.Brent crude rose 37 cents, or 0.4%, to $94.49 a...
Thai night club fire kills 13 people, injures 35BANGKOK, Aug 05: Thirteen people have been killed and 35 injured after a fire broke out on Friday at a night club in Thailand's Chonburi province, southeast of the capital Bangkok, a...
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