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Shohidul banned for breaching ICC Anti-Doping Code

2022-07-15 00:00:00

Shohdiul Islam, a pace bowler of Bangladesh, was suspended by the International Cricket Council (ICC) Thursday from all cricket-related activities for 10 months for breaching the ICC Anti-Doping Code, reports BSS.Shohidul who played one T20 International for Bangladesh but was...

Dorielton secures facile victory for Abahani

2022-07-15 00:00:00

Brazilian forward Dorielton continued his prolific form scoring a brace as Abahani Limited Dhaka registered a comfortable 4-1 goal victory over lowly Swadhinata Krira Sangha in the TVS Bangladesh Premier League football that resumed Thursday at Shaheed Dhirendranath Datta Stadium...

Tigers win ODI series against WI

2022-07-15 00:00:00

Left-arm spinner Nasum Ahmed won the player of the match award in his second ODI match, as Bangladesh beat the West Indies by nine wickets to win the ODI series Wednesday at the Providence Stadium in Guyana, reports UNB.Bangladesh won...

PM hails Tigers series win

2022-07-15 00:00:00

Prime Minister Sheikh Hasina Wednesday congratulated all players, coaches and the manager of the Bangladesh cricket team for their ODI series win against the West Indies on their soil, reports UNB.In the congratulatory message, she hoped that the Tigers would...

Four senior players may retire after WC: Tamim

2022-07-15 00:00:00

Bangladesh One-Day International cricket captain Tamim Iqbal says he and three other senior players -- Shakib Al Hasan, Mushfiqur Rahim and Mahmudullah Riyad -- may quit cricket after the end of the ICC ODI World Cup 2023 in India, reports...

Gold loses sheen as firm dollar, yields compound rate-hike woes

2022-07-15 00:00:00

Gold prices fell 1% on Thursday, as Treasury yields and the dollar rose, with bullion's outlook already dented by fears the U.S. Federal Reserve could opt for a more aggressive interest rate hike this month to tackle sky-rocketing inflation, reports...

Wheat, soybeans fall on expectations of progress in Ukraine shipping talks

2022-07-15 00:00:00

HAMBURG, July 14 (Reuters): Chicago wheat and soybeans fell on Thursday following reports of progress in talks to create a safe corridor for ships carrying Ukraine's cereal and oilseed exports.Fears of a potential global recession also weighed on the market.Chicago...

Industrial metals budge as dollar rises, growth slows

2022-07-15 00:00:00

LONDON, July 14 (Reuters): Industrial metals prices fell on Thursday as markets braced for rapid interest rate rises that will slow economic growth and reduce demand for metals.Oil prices also fell and the dollar rose to a 20-year high as...

Oil prices dive ahead of large US rate hike

2022-07-15 00:00:00

LONDON, July 14 (Reuters): Oil prices fell more than $2 before paring losses on Thursday as investors focused on the prospect of a large U.S. rate hike later this month that could stem inflation but at the same time hit...

Wildfires scorch parts of Europe

2022-07-15 00:00:00

LISBON, July 14 (AP): A spate of wildfires is scorching parts of Europe, with firefighters battling blazes in Portugal, Spain, Croatia and southern France on Wednesday amid an unusual heat wave that authorities are linking to climate change.In Portugal, Civil...

Sunak tops first round of vote to elect new UK Tory leader

2022-07-15 00:00:00

LONDON, July 14 (AFP): Former finance minister Rishi Sunak led the field of Conservative MPs bidding to become Britain's next prime minister in the first ballot of Tory lawmakers Wednesday, as the race narrowed to six with the elimination of...

US announces successful hypersonic missile test

2022-07-15 00:00:00

WASHINGTON, July (Reuters): The US military announced it had successfully carried out hypersonic missile tests this week, amid growing concern that Russia and China are leading the race in this particular field.The US military's Defense Advanced Research Projects Agency (DARPA)...

US will use its power to stop Iran atomic bomb: Biden

2022-07-15 00:00:00

JERUSALEM, July 14 (AFP): The US will use "all elements of its national power" to stop Iran from acquiring nuclear weapons, President Joe Biden pledged in a security declaration signed with Israel on Thursday.In the document inked by Biden and...

Kishida blames police for Abe’s death

2022-07-15 00:00:00

TOKYO, July 14 (AP): Japanese Prime Minister Fumio Kishida on Thursday blamed inadequate police security for the death of former leader Shinzo Abe, who was shot while giving an outdoor campaign speech.Abe, one of Japan's most influential politicians, was assassinated...

40 countries call on Russia to end war

2022-07-15 00:00:00

UNITED NATIONS, July 14 (AFP/Reuters): Dozens of countries from around the world called on Russia Wednesday to halt the war in Ukraine.They included the United States, member of the European Union, and countries in Asia.In a statement these 40-odd countries...

KKR's Seeger to join global sustainability standards body

2022-07-15 00:00:00

NEW YORK/LONDON, July 14 (Reuters): Private equity investor KKR said on Thursday that sustainable investing executive Elizabeth Seeger is leaving to join global standard-setter the International Sustainability Standards Board.Seeger, a 13-year veteran of the New York-based company who has co-led...

Pictet Wealth Management returns to Chinese stocks after 18-month hiatus

2022-07-15 00:00:00

HONG KONG, July 14 (Reuters): The wealth management arm of Swiss bank Pictet Group is buying Chinese equities again more than 18 months after it shunned the asset class, joining other foreign investors dipping back in as they bet on...

Indian shares end lower--

2022-07-15 00:00:00

BENGALURU, July 14 (Reuters): Indian shares closed lower for a fourth straight session as public sector banks and information technology companies fell on Thursday, while investors worried about aggressive interest rate hikes by the Federal Reserve after hot US inflation...

US stocks tumble on inflation data, weak bank results

2022-07-15 00:00:00

NEW YORK, July 14 (AFP): Wall Street stocks slumped early Thursday following another gloomy inflation report and disappointing bank results that set a gloomy tone at the start of the second-quarter corporate earnings season.About 25 minutes into trading, the Dow...

Two junk issues keep rising sans PSI

2022-07-15 00:00:00

FE REPORTShare prices of two junk stocks -- Meghna Condensed Milk Industries and Meghna Pet Industries -- are soaring 'abnormally' despite incurring huge losses and non-payment of dividends for a long time.Junk stocks have also frequently featured on the top...

News Briefs (2022-07-15)

2022-07-15 00:00:00

Disbursement of dividend Asia Pacific General Insurance Company Ltd: The cash dividend for the year ended on December 31, 2021 have been transferred to the respective shareholders bank account through Bangladesh Electronic Fund Transfer Network (BEFTN) system on July 05,...

S M Jakaria Huq, Commercial Counsellor of Bangladesh High Commission, London receives

2022-07-15 00:00:00

S M Jakaria Huq, Commercial Counsellor of Bangladesh High Commission, London receives the Best Bank in Bangladesh 2022 Award trophy on behalf of Eastern Bank Limited (EBL) at the Euromoney Awards for Excellence ceremony held in London.

Achia Sea Foods makes debut Monday

2022-07-15 00:00:00

FE REPORTTrading of the shares of Achia Sea Foods will commence on Monday (July 18) on the SME Platforms of Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE).Achia Sea Foods will be the 14th listed firm in the DSE...

Doreen Hotels & Resorts to open Crowne Plaza Dhaka Gulshan

2022-07-15 00:00:00

IHG®Hotels & Resorts has signed an agreement with Doreen Hotels & Resorts Limited, to open Crowne Plaza Dhaka Gulshan in Bangladesh by the end of 2022.IHG® currently has presence in Dhaka through hotels operating across its leading global brands, InterContinental...

DSE turnover hits seven-week low--

FE REPORT | 2022-07-15 00:00:00

Turnover on Dhaka Stock Exchange (DSE) dropped below Tk 6.0 billion-mark Thursday, hitting a seven-week low, as investors were reluctant to put fresh funds in stocks amid persistent macroeconomic worries.Turnover, the crucial indicator of the market, fell 17 per cent...

Russia-Ukraine war: Towards a new world order?

Shihab Sarkar | 2022-07-15 00:00:00

As the Russia-Ukraine war rages unabated, with Ukraine abruptly turning real aggressive with its mortar shells fiercely hitting the enemy targets, the European flashpoint turns grimmer by the day. Regional watchers of the protracted conflict have at long last come...

Padma Bridge needs automated toll collection system

2022-07-15 00:00:00

An automated toll collection system is the need of the hour for the recently inaugurated Padma Bridge. For want of such a system and lack of adequate toll collection booths, people are experiencing long tailbacks on both the sides of...

Keeping our tourist spots clean

2022-07-15 00:00:00

During a recent visit to Cox's Bazar sea beach, I spotted some people, who were busy picking up empty plastic bottles, juice boxes, chip packs and other waste materials thrown on the beach by daily visitors. What caught my attention...

Raising awareness of mental health, suicide

2022-07-15 00:00:00

Bangladesh has recently ranked seventh among the world's angriest, saddest, and most stressed nations, according to the 2022 Global Emotions Report. Another survey conducted by Aanchal Foundation says that a total of 61.2 per cent of youths (aged between 18...

Edible oil prices and stubborn traders

Zahid Huq | 2022-07-15 00:00:00

The edible oil prices in the international market after reaching their record levels in May last, started declining and those are now about to return to 2020 levels. Traders are hopeful about a further slide in edible oil prices in...