LONDON, April 8 (Reuters): HSBC's European chief is betting on rising regional wealth and overseas expansion by Asian corporate clients to boost his unit's contribution to group profit after a multi-year reboot turned the business from laggard to profit engine.The...
BENGALURU, April 8 (Reuters): India's blue-chip indexes climbed to all-time highs on Monday, led by a rebound in heavyweight Reliance Industries and auto stocks gaining on hopes of strong quarterly earnings.The NSE Nifty 50 rose 0.68 per cent to 22,666.30,...
SEOUL, Apr 08 (Reuters): Hyundai Motor Co and Kia Corp on Monday signed a memorandum of understanding with India's Exide Energy Solutions Ltd to supply batteries for their electric vehicles in a bid to boost competitiveness in the world's No.3...
RFL Group's popular paints brand 'Rainbow' organised a dealers' conference held at a hotel in Cox's Bazar recently. Some 100 dealers from different sales regions participated in the conference. RN Paul, managing director of RFL Group; Kamrul Hasan, Executive Director...
The 871st meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held recently at the Corporate Head Office of the bank. The meeting was presided over by Akkas Uddin Mollah, Chairman of the Executive Committee...
Amidst the festive atmosphere of Eid-ul-Fitr, a new rendition of an immensely popular song is going to be released on the YouTube channel of 'IPDC Amader Gaan'. Renowned musician Gazi Mazharul Anwar composed this song, which has been presented by...
BAT Bangladesh (BATB) has recently appointed Syed Afzal Hossain as the Company Secretary and Senior Legal Counsel, says a press release.He has seven years of experience in corporate practice and more than 12 years in litigation. His areas of expertise...
The MTB Foundation recently held an event to commemorate World Autism Awareness Day 2024, which this year focused on the theme 'Awareness - Recognition - Valuation: Moving From Surviving to Thriving'. The event, held in partnership with PFDA - Vocational...
FE REPORT | 2024-04-09 00:00:00
Renata rose by Tk 10.8 per share on the Dhaka Stock Exchange (DSE) on Monday after the disclosure of its first direct export of medicines to the US market.One of the leading drug makers, it had lost nearly 39 per...
FE REPORT | 2024-04-09 00:00:00
Stocks posted a significant gain on Monday, showing a sign of recovery, as investors put fresh bets on lucrative shares in anticipation of a potential turnaround.Buyers dominated the trading floor throughout the session following the news that Prof Shibli Rubayat...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a webinar on 'Industrial Import Regulation in Bangladesh' on April 04, says a press release. It was the last episode of the webinar series on 'Domestic & International Trade'....
National Housing Finance, a company with over 25 years of experience in the housing finance sector, expanded its operations on Monday with the launch of a Sharia-based Islamic wing. The inaugural programme was attended by Mahbubur Rahman, chairman of the...
BABUL BARMAN | 2024-04-09 00:00:00
Four companies have already raised funds worth Tk 5.50 billion through initial public offerings (IPOs) in the first three months through March, a sign that public listing regains allure as means for fund collection. Last year, only five firms and...
FRANKFURT, Apr 08 (AFP): German industrial production rose strongly in February for the second straight month, official data showed Monday, offering hope for the beleaguered manufacturing sector in Europe's biggest economy.Output climbed 2.1 per cent month-on-month, federal statistics agency Destatis...
RIYADH, Apr 08 (Arab News): Saudi Arabia's industrial sector experienced a 63 per cent increase in new investments in 2023, amounting to a SR15 billion ($3.99 billion) rise compared to the previous year. According to the annual report from the...
RIYADH, Apr 08 (Arab News): A drop in the price of cereals, bread, and vegetables saw Egypt's urban consumer price inflation rate slow to 33.1 per cent in March from 36 per cent in February. Data released from the country's...
BENGALURU, Apr 08 (Reuters): Indian automaker Tata Motors said on Monday its Jaguar Land Rover's fourth-quarter sales rose 11 per cent from a year earlier to 114,038 units, driven by increased production and sustained global demand.Full-year sales for the financial...
FRANKFURT, Apr 08 (AFP): Buoyed by falling inflation, the European Central Bank (ECB) is expected to keep borrowing costs on hold one last time Thursday while laying the ground for a first interest rate cut in June.The Frankfurt-based institution has...
Gold prices hit a record high for a seventh straight session on Monday, fuelled by central bank purchases and geopolitical tensions, while strong economic data failed to dull bullion's allure, reports Reuters.Spot gold was steady at $2,330.83 per ounce, as...
India's fuel consumption fell 0.6per cent year-on-year in March, but demand for the 2024 financial year was up about 5per cent, primarily driven by higher automotive fuel and naphtha sales, reports Reuters.Total consumption, a proxy for oil demand, totalled 21.09...
Debashish Bhowmik, a jewellery shop worker in Narail, and his team have secured the second plot of land in the country's largest Eid campaign 'Nagad e Jomi' launched by Nagad. Pintu Bhowmik and Shoma Mohammad were the two other members...
A new book titled 'Politiconomy of Bangladesh: Essays and Analysis' has just published. Written by Professor Abduallah A Dewan, the book is a collection of the author's various articles and essays previously published in three English newspapers of the country....
The Premier Bank PLC has signed Bancassurance agreements with two leading insurance companies in Bangladesh -- Life Insurance Corporation of Bangladesh (LIC) and Pragati Insurance Company Limited. Through these partnerships, The Premier Bank's extensive network of branches will now offer...
The sighting of the new moon brings the message of Eid and happiness. New dress, prayer, delicious food, presence of loved ones, and last but not the least exchanging salami fulfil the joy of Eid. Thanks to the advancement of...
Country's largest Alpona festival, titled 'Alponay Boishakh 1431,' is all set to bring the essence of Bengali culture to life with vibrant strokes of colour and artistry. Asiatic Experiential Marketing Limited, Banglalink Digital Communications Limited, and Berger Paints Bangladesh Limited...
BEIJING, Apr 08 (AFP): The United States "will not accept" a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said Monday as she wrapped up high-level talks in China.Yellen has repeatedly...
LONDON, Apr 8 (Reuters): Copper prices in London hit their highest in more than 14 months on Monday, helped by demand from momentum-following funds, strong German industrial data and a rally in other commodities.Three-month copper on the London Metal Exchange...
LONDON, Apr 8 (Reuters): Global oil benchmark Brent steadied above $91 a barrel on Monday, reducing early losses prompted by Israel withdrawing more soldiers from Gaza and committing to fresh talks on a potential ceasefire in the Middle East conflict.Brent...
LONDON, Apr 08 (AFP): Everton have been given an additional two-point deduction for a breach of the Premier League's profitability and sustainability rules (PSR), it was announced Monday.The decision followed a previous six-point PSR penalty imposed on Everton and left...
LAHORE, Apr 08 (PTI): The Pakistan Cricket Board has decided to appoint Muhammad Yousuf and Abdul Razzaq as interim head coach and assistant coach, respectively, for the home T20I series against New Zealand later this month. The decision comes as...
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