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JMI Hospital Requisite Mfg. tops turnover chart after two months

FE REPORT | 2022-09-06 00:00:00

Ten most-traded stocks accounted for one-third transactions of the Dhaka Stock Exchange (DSE) on Monday, with JMI Hospital Requisite Manufacturing Ltd. dominating the turnover list.The medical equipment manufacturer topped the prime bourse's turnover list after almost two months as investors...

Stocks succumb to profit taking

FE REPORT | 2022-09-06 00:00:00

The benchmark equity index dropped further on Monday, extending the losing streak for a second straight session as shaky investors rushed to lock in profits from quick-gaining stocks.The market witnessed see-saw trading right from the start of the session, which...

Euro zone business activity contracted again in August

2022-09-06 00:00:00

LONDON, Sept 05 (Reuters): Euro zone business activity contracted for a second month in August as demand sank, with customers wary of the deepening cost of living crisis and gloomy economic outlook curtailing their purchases, a survey showed.S&P Global's final...

Turkey's inflation stays at 80pc in boost to Erdogan

2022-09-06 00:00:00

ISTANBUL, Sept 05 (AFP): Turkey's official inflation rate barely changed on Monday in a sign that a year-long crisis that has seen prices soar by 80 per cent may finally be starting to ease.The TUIK state statistics agency said that...

China central bank to cut FX reserve

2022-09-06 00:00:00

SHANGHAI, Sept 05 (Reuters): China's central bank said on Monday it will cut the amount of foreign exchange reserves that financial institutions must hold, a move seen as aimed at slowing the yuan's recent depreciation.The People's Bank of China said...

Kazi Kamal Uddin Ahmed inaugurated sub-branch of National Bank

2022-09-06 00:00:00

Senior Executive Vice President (SEVP) of National Bank Limited Kazi Kamal Uddin Ahmed inaugurated a sub-branch of the bank at Rajendrapur Bazar in Keranjiganj upazila of Dhaka on Monday.

BD takes part in German fish fair

2022-09-06 00:00:00

A three-day "Inter-national Fish Fair" was inaugurated at Bremen in Germany on Sunday, reports BSS.Md Mosharraf Hossain Bhuiyan, Ambassador of Bangladesh in Germany, inaugurated the Bangladesh pavilion in the fair, said a press release here on Monday.For the very first...

Citi named best bank in Asia

2022-09-06 00:00:00

Citi has been adjudged Asia's Best Bank for 2022 at the Euromoney Awards for Excellence, says a press release.The award, decided by the editors of the magazine, recognises the bank that has made the most progress in the region over...

Amir chairman, Halima Harun vice-chairman of Express Ins

2022-09-06 00:00:00

Amir Hamza Sarker was elected chairman and Halima Harun vice-chairman of Express Insurance Limited, says a press release.The decisions were made at the 292nd meeting of the board of directors held recently.Amir Hamza Sarker is one of the sponsor directors...

ShareTrip, GP join hands to offer travel privileges

2022-09-06 00:00:00

ShareTrip and Grameenphone have signed a long-term contract offering an array of benefits for their customers, according to a statement. The agreement is designed to enhance additional benefits for Grameenphone users, where they can enjoy irresistible offers and discounts on...

KSRM increases salaries of 4,000 staff members amid rising commodity prices

OUR CORRESPONDENT | 2022-09-06 00:00:00

CHATTOGRAM, Sept 05: Kabir Steel Re-Rolling Mills (KSRM), one of the leading business conglomerates in the country, awarded a special increment to its 4,000 low-income employees to help them cope with ongoing inflation and the hike in commodity prices. The...

Pattern of migration to Japan comes under survey

FE REPORT | 2022-09-06 00:00:00

A Japanese team is visiting Bangladesh now to conduct a research on Bangladeshis' migration pattern to Japan. This research project, titled 'Global Migration and Transnational Networks,' commenced at the College of Sociology, Rikkyo University, Japan, in April 2014, with support...

Forex rate stable after BB tightens spending

2022-09-06 00:00:00

Bangladesh Bank's move to curb foreign currency spending has resulted in stability in the market after a jump in the exchange rate over the last four months, reports UNB.Through several regulatory measures against some banks and money exchange houses, the...

Australia face NZ in 1st ODI today

2022-09-06 00:00:00

MELBOURNE, Sept 05 (Reuters): Australia captain Aaron Finch will hope Saturday's debacle against Zimbabwe has served as the perfect wake-up call for his team heading into the three-match one-day international series against a formidable New Zealand on Tuesday.The Chappell-Hadlee series...

Kyrgios ends Medvedev's reign

2022-09-06 00:00:00

NEW YORK, Sept 05 (AFP): Australia's Nick Kyrgios sent defending champion Daniil Medvedev tumbling out of the US Open on Sunday as US teenager Coco Gauff reached the quarter-finals for the first time.The notoriously temperamental 23rd-seeded Kyrgios produced some scintillating...

India face Sri Lanka in do-or-die Super Four contest today

2022-09-06 00:00:00

DUBAI, Sept 05 (Agencies): After losing to arch-rivals Pakistan in the first match of Super Four, India take on Sri Lanka in their second match of the Asia Cup 2022 at Dubai International Cricket Stadium on Tuesday. It will be...

Gold prices fall to near lowest in 2 months

2022-09-06 00:00:00

NEW DELHI, Sept 05 (The Economic Times): Gold and silver prices remained weak today in Indian market amid a weak global trend in precious metals. On MCX, the yellow metal futures today fell 0.4 per cent to near two-month low...

Singapore aviation firms ramp up hiring to meet increase in flights

2022-09-06 00:00:00

SINGAPORE, Sept 05 (Reuters): When Singapore Airlines (SIA) resumed hiring in February after a two-year freeze, the national carrier had aimed to recruit 2,000 cabin crew trainees by March next year.It has hired 1,200 people to date, and now wants...

EU gas price rockets higher after Russia halts Nord Stream flows

2022-09-06 00:00:00

LONDON/OSLO, Sept 05 (Reuters): European gas prices rocketed as much as 30 per cent higher on Monday after Russia said one of its main gas supply pipelines to Europe would stay shut indefinitely, stoking renewed fears about shortages and gas...

Oil jumps more than $2.0

2022-09-06 00:00:00

LONDON, Sept 05 (Reuters): Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices.Brent crude futures advanced by $2.45, or 2.6 per cent, to...

Sri Lanka moves to trim president's powers

2022-09-06 00:00:00

COLOMBO, Sept 05 (Reuters): Sri Lanka's Foreign Minister Ali Sabry said on Monday a constitutional amendment bill trimming presidential powers is expected to become law in a couple of weeks."The new amendment will reduce presidential powers and bring back participatory...

Palestinian shot dead in Israeli army raid

2022-09-06 00:00:00

RAMALLAH, Palestinian Territories, Sept 05 (AFP): A 19 year-old Palestinian was shot dead by the Israeli army early Monday in Qabatiya, south of Jenin in the occupied West Bank, the Palestinian health ministry said."Taher Mohamed Zakarneh was shot dead by...

Najib seeks royal pardon

2022-09-06 00:00:00

KUALA LUMPUR, Sept 05 (Reuters): Former Malaysian Prime Minister Najib Razak has applied for a royal pardon, the speaker of parliament said on Monday, less than two weeks after he was sent to jail for 12 years for corruption.Malaysia's top...

Canada stabbings leave 10 dead

2022-09-06 00:00:00

REGINA, Sept 05 (AP): A series of stabbings at an Indigenous community and at another town nearby in the Canadian province of Saskatchewan left 10 people dead and 15 wounded, Canadian police said Sunday as they searched for two suspects.The...

Deadly tremors jolt Chinese, Afghan cities

2022-09-06 00:00:00

BEIJING, Sept 05 (BBC): A 6.6 magnitude earthquake has hit southwestern China, killing at least 21 people.The quake struck at 13:00 local time (05:00 GMT) in Sichuan province at a depth of 10km (6 miles).The impact severed telecommunications lines and...

Cox's Bazar beach sees dead jellyfish

2022-09-06 00:00:00

COX'S BAZAR, Sept 05 (UNB): Around fifty carcasses of jellyfish washed ashore up on the Cox's Bazar beach on Sunday morning.The dead marine fish drifted away from the ocean to the sea shore from Labani point to Sugandha point throughout...

Drought dashes dreams of Khulna farmers

2022-09-06 00:00:00

KHULNA, Sept 05 (UNB): Farmers in the coastal district of Khulna are a worried lot because of something they had no control over -- drought.With aridity delaying the Aman paddy cultivation process by nearly one-and-a-half months, the 80,000-plus farmers in...

Fear of fresh flooding grips Sylhet as rivers swell again

2022-09-06 00:00:00

SYLHET, Sept 05 (UNB): Rivers in the northeastern district of Sylhet swelled following three days of heavy rains in the region and upstream in India, raising fear of another round of flooding this year.Incessant rains since early Saturday sent many...

Eradicating curse of begging

2022-09-06 00:00:00

The number of beggars in the country is rising. Officially, there were some 2.5 lakh beggars in 2019. It is a gross underestimate. Begging is a good source of earnings for some. Instead of working, they prefer begging. There are...

Illegally occupied Narayanganj footpaths

2022-09-06 00:00:00

A footpath is for a walk, for the use of pedestrians only. It is the recognised manner in a civilised country. Bangladesh is an exception. The city of Narayanganj is a terrible example of this connection. Most of the footpaths...