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Asian markets fall on China growth concerns

2022-05-25 00:00:00

HONG KONG, May 24 (AFP): Asian stocks retreated Tuesday on concerns over the impact of China's Covid-19 restrictions on the world's second-largest economy as investment banks slashed growth forecasts.A strong rally on Wall Street, where the Dow closed 2.0 percent...

Green Delta Ins joins hand with BRAC Bank's women banking segment

2022-05-25 00:00:00

BRAC Bank's Women Banking Segment - TARA - has signed a partnership agreement with Green Delta Insurance Company to provide a digital healthcare package to its customers. Under the arrangement, eligible TARA SME & Retail Loan, Deposit and Credit Card...

Firstlead investors seek reimbursement

FE REPORT | 2022-05-25 00:00:00

A group of affected investors of Firstlead Securities, which purportedly embezzled Tk 100 million of its clients, demanded their money back as soon as possible.One Mohammad Ayub Khan, who invested an estimated Tk 5.0 million in the brokerage house, placed...

Stocks slump after single-day break

FE REPORT | 2022-05-25 00:00:00

Stocks backed to the losing streak on Tuesday, after a single-day break, as regulatory interventions to revamp the ailing market virtually failed to restore investors' confidence.Following the previous day's sharp gain, the market opened higher and the key index rose...

News in Brief (2022-05-25)

2022-05-25 00:00:00

More than 100m people forcibly displaced: UNGENEVA, May 24: Russia's war in Ukraine has pushed the number of forcibly displaced people around the world above 100 million for the first time ever, the United Nations said on Tuesday. UNHCR said...

UK PM Johnson under fire over ‘Partygate’ photos

2022-05-25 00:00:00

LONDON, May 24 (AFP): UK Prime Minister Boris Johnson on Tuesday faced renewed accusations of lying, after photos emerged of him drinking at a Downing Street gathering during lockdown in 2020.The revelations came as a senior civil servant was expected...

Russia launches all-out assault to encircle Ukraine troops

2022-05-25 00:00:00

KYIV, May 24 (Reuters): Russian forces were launching an all-out assault to encircle Ukrainian troops in twin cities straddling a river in eastern Ukraine on Tuesday, a battle which could determine the success or failure of Moscow's main campaign in...

South Asia’s intense heat wave a ‘sign of things to come’

2022-05-25 00:00:00

NEW DELHI, May 24 (Arab News): The devastating heat wave that has baked India and Pakistan in recent months was made more likely by climate change and is a glimpse of the region's future, international scientists said in a study...

Monkeypox virus outbreaks are containable: WHO

2022-05-25 00:00:00

Monkeypox can be contained in countries outside of Africa where the virus is not usually detected, the World Health Organization (WHO) says, reports BBC.More than 100 cases of the virus - which causes a rash and a fever - have...

Quad opposes ‘change by force’ with eyes on China

2022-05-25 00:00:00

TOKYO, May 24 (AFP): Leaders of Japan, Australia, the United States and India said Tuesday they oppose all attempts to "change the status quo by force, particularly in the Indo-Pacific".The statement, which followed a summit meeting of the four members...

Gold ticks higher as subdued dollar boosts appeal

2022-05-25 00:00:00

Gold prices rose back towards the previous day's two-week high on Tuesday, extending gains for a fifth straight session, as a sell-off in the dollar and stock markets bolstered bullion's safe-haven appeal, reports Reuters.Spot gold was up 0.3 per cent...

Huayou Cobalt to invest $300m in Zimbabwe lithium mine

2022-05-25 00:00:00

HARARE, may 24 (Reuters): China's Zhejiang Huayou Cobalt plans to invest $300 million on rapid development of a lithium mine and processing plant at its newly acquired Arcadia project in Zimbabwe, according to company documents seen by Reuters on Tuesday.Huayou,...

Bombardier launches new long-range business jet

2022-05-25 00:00:00

Canada's Bombardier Inc launched a new long-range business jet on Monday, as it looks to stay competitive in a market that serves the ultra-rich and has remained robust amid Covid-19 driven boom in demand for private aircraft, reports Reuters.The Montreal-based...

Oil rises as tight supply counters economy fears and China curbs

2022-05-25 00:00:00

LONDON, May 24 (Reuters): Oil edged higher on Tuesday, recovering earlier losses, as tight global supply and an expected pick-up in demand during the US summer driving season balanced concerns over a possible recession and China's Covid-19 curbs.In a step...

News in Brief-(2022-05-25)

2022-05-25 00:00:00

Rohingya girl arrested for faking identity CHATTOGRAM, May 24: A 15-year-old Rohingya girl was held at the Chattogram passport office while applying for a Bangladeshi passport with a fake identity. Juraira Bibi, daughter of Mostaq Ahmed, was caught after her...

Thrust on cultivation of zinc-enriched BRRI dhan74

2022-05-25 00:00:00

RANGPUR, May 24 (BSS): Experts at a farmers' field day have called for enhancing cultivation and consumption of zinc-enriched BRRI dhan74 rice to meet nutritional demand and increase disease resistance capacity of people.With the assistance of the Department of Agricultural...

Two teens drown in C'nawabganj

2022-05-25 00:00:00

CHAPAINAWABGANJ, May 24 (UNB): Two teenage boys drowned in the Pagla River in Shibganj upazila of Chapainawabganj district on Tuesday, said police. The deceased were identified as Momin, 12, and Abu Taher, 14, of the upazila. The duo drowned in...

Man's throat-slit body found in Barishal

2022-05-25 00:00:00

BARISHAL, May 24 (UNB): A man was found dead with his throat slit at Charkomishoner village in Muladi upazila on Tuesday morning.The deceased was identified as Monir Hawladar, 32, son of Salam Hawladar of the village. Maksudur Rahman, officer-in-charge of...

Commuters cross a bridge

2022-05-25 00:00:00

Commuters cross a bridge sans railing over the Bhulua River at Charbasu village in Kamalnagar upazila of Laxmipur district —Focus Bangla

Road accidents kill three in Gazipur

2022-05-25 00:00:00

GAZIPUR, May 24 (BSS): Three persons were killed in separate road accidents in the district.Joydevpur railway police said an unknown female was killed when a train hit her in the Satkhamair area under Sreepur upazila this morning. In another accident,...

Wife of IU teacher found dead

2022-05-25 00:00:00

KUSHTIA, May 24 (UNB): The wife of an Islamic University teacher has been found dead at her residence in the Kamalapur area of Kushtia town, police said on Tuesday. The deceased was identified as Nurjahan Parvin Minu, 40, wife of...

Litchi trading peaks in Rajshahi markets

2022-05-25 00:00:00

RAJSHAHI, May 24 (BSS): Trading and marketing of litchi has reached peak everywhere in the region involving hundreds of labourers both male and female in harvesting, segregating and transportation of the delicious seasonal fruit. Market sources said the harvest has...

DSCC anti-mosquito drive to begin June 15

2022-05-25 00:00:00

Dhaka South City Corporation (DSCC) Mayor Sheikh Fazle Noor Taposh on Tuesday said an anti-mosquito drive will be conducted in the DSCC area from June 15 to control the spread of Aedes mosquitoes, reports UNB. The drive will be conducted...

Removing risky billboards

2022-05-25 00:00:00

Billboards are everywhere in Dhaka city. And nowadays, it appears that the capital of Bangladesh has become a 'city of billboards'. The placement of advertising billboards, banners and placards is so intense around the city that most people residing in...

Get monkeypox alert system ready

2022-05-25 00:00:00

As more cases of monkeypox are reportedly detected in Europe and North America, some scientists who have monitored numerous such outbreaks in Africa say that they are baffled by the unusual spread of the disease in developed countries. It is...

Emphasis on English

2022-05-25 00:00:00

In today's globalised world, there are many reasons why students should learn English. Currently, there are around 1.5 billion English speakers around the globe, which represent a fifth of the world's total population. Over the centuries, English has become the...

Choice for austerity or growth

Khawaza Main Uddin | 2022-05-25 00:00:00

People can cut the costs of living only by reducing their consumption in an effort to adjust to a volatile market. Even then such austerity measures may not be enough. Also inability to buy is also a painful experience in...

Meeting next year's fertiliser demand

2022-05-25 00:00:00

In the face of runaway price hike of agricultural inputs in the world market, the government is going for a controlled use of fertilisers in the next fiscal, informs a report in the last Monday's issue of this paper. To...

Emerging stress in the forex market

Zaid Bakht | 2022-05-25 00:00:00

Economic management often involves working out appropriate responses to exogenous events. The risk and uncertainty associated with such exogeneity create deviations from the ideal scenario that an economy may strive to achieve. Troubleshooting and contingency responses are, therefore, essential elements...

Fire breaks out at Square Pharma, doused

2022-05-24 00:00:00

A fire broke out Monday at a Square Pharmaceuticals factory in Gazipur's Kaliakoir Upazila, reports bdnews24.com.The Fire Brigade personnel brought the fire under control after hours of frantic efforts.The fire erupted inside the factory's newly-introduced large-volume parenteral unit around 12:30...