FE Today Logo

Search results for:


Global equity funds draw big inflows

2024-03-16 00:00:00

Global equity funds saw notable inflows in the week to March 13 as investors focused on strong global stock performances, overlooking inflation concerns ahead of the Federal Reserve meeting next week that could provide clues on the timing of the...

Southeast Bank holds customer meet programme

2024-03-16 00:00:00

Southeast Bank PLC organised a customer meet programme at a local hotel in Dhaka on Thursday. Dr. Mufti Maulana Muhammad Kafiluddin Sarkar Salehi, Chairman of Southeast Bank Shariah Supervisory Committee and Governor of Islami Foundation, was present at the event...

Expedite smartphone adoption for 'Smart Bangladesh'

ISMAIL HOSSAIN | 2024-03-16 00:00:00

The country's vision of 'Smart Bangladesh' will not be attained if the people of the country do not use smart handsets to access smart or digital services, said Yasir Azman, chief executive officer of Grameenphone (GP)."And to make available and...

DSE key index sinks below 6000-mark

FE REPORT | 2024-03-16 00:00:00

Stocks witnessed yet another setback this week, with the prime index of the Dhaka bourse tumbling to three-year low, as jittery investors dumped their holdings to avoid further erosion of their portfolio.Analysts said the market was already bearish after withdrawal...

Biden says US Steel must stay domestically owned

2024-03-16 00:00:00

WASHINGTON, Mar 15 (Reuters): US Steel Corp, which has agreed to be bought by Japan's Nippon Steel for $14.9 billion, must remain a domestically owned American firm, President Joe Biden said on Thursday - expressing explicit opposition to the deal...

Shell weakens 2030 carbon emissions reduction target

2024-03-16 00:00:00

LONDON, Mar 15 (Reuters): Shell weakened a 2030 carbon reduction target and scrapped a "perilous" 2035 objective, citing expectations for strong gas demand and uncertainty in the energy transition even as it affirmed a plan to cut emissions to net...

Gold prices steady but head for weekly fall

2024-03-16 00:00:00

Gold prices firmed on Friday, but were on track for their first weekly drop in four over concerns that the Federal Reserve might defer interest rate cuts beyond June after data showed a higher-than-expected rise in inflation, reports Reuters.Spot gold...

Oil set to end week over 3pc higher

2024-03-16 00:00:00

Oil prices edged lower on Friday but were on track to gain over 3 per cent for the week, boosted by the International Energy Agency raising its 2024 oil demand forecasts and an unexpected decline in US stockpiles, reports Reuters.Brent...

Customers crowd the meat shop of one Khalil at Shahjahanpur

2024-03-16 00:00:00

Customers crowd the meat shop of one Khalil at Shahjahanpur in Dhaka on Friday for buying beef at Tk 595 per kg and mutton at Tk 900 per kg, far lower than prices in other markets, especially during this month...

JPMorgan fined almost $350m for 'inadequate' trade reporting

2024-03-16 00:00:00

WASHINGTON, March 15 (AFP) : US regulators unveiled fines of almost $350 million Thursday against US bank JPMorgan Chase for what they called inadequate trade reporting and surveillance.The fines, levied by the US Federal Reserve and the Office of the...

NHRDF teams up with five training institutes to build skilled manpower

2024-03-16 00:00:00

The National Human Resource Development Fund (NHRDF) signed a one-year agreement on Thursday with five government and non-government organisations on training assistance aimed at building skilled manpower, says a press release.The institutions are Netrakona Vocational Training Centre, Netrakona, CSS Hope...

Britain opens trade talks with Turkey

2024-03-16 00:00:00

LONDON, March 15 (AFP) : Britain Thursday began post-Brexit trade talks with Turkey, seeking greater opportunities for its service industries.The talks were officially opened in London by Secretary of State for Business and Trade Kemi Badenoch and her Turkish counterpart...

Eyes on Bank of Japan as unions announce wage hikes

2024-03-16 00:00:00

TOKYO, March 15, (AFP) - The results of key wage hike negotiations in Japan will be announced Friday, with a win for workers expected to set the stage for a hotly anticipated shift away from the central bank's ultra-loose monetary...

50,000 tonnes of onion to enter Bangladesh market soon: Titu

2024-03-16 00:00:00

State Minister for Commerce Ahsanul Islam Titu said on Friday 50,000 tonnes of onion from India would enter Bangladesh's market within a short time, reports BSS."The first truckload of onions will arrive from India next week. A total of 50...

Rationalisation of tax expenditures on cards for maximum benefits

2024-03-16 00:00:00

The government has opted for rationalising tax expenditures which will play a useful role in collecting more revenue and ensuring forgone revenue (indirect public expenditure) is made to good use, according to an official document, reports UNB.According to the Medium...

Inspiring change, saluting womanhood_

Naaz Farhana Ahmed | 2024-03-16 00:00:00

The International Women's Day is an important day for everyone across the globe. It is an occasion for women's worldwide celebration: recognising their economic, cultural, social, political and all other accomplishments. On behalf of Dhaka Women Chamber of Commerce &...

How RMG waste going to waste

Quamrul Ahsan | 2024-03-16 00:00:00

In recent decades, Bangladesh emerged as a rising star in the global textile and garment industry. It has become the third favoured and attractive sourcing destination, after European Union, for fashion brands worldwide. Bangladesh's inherent strength, rooted in its art...

Tragic end of a life devoted to Rabindrasangeet

Nilratan Halder | 2024-03-16 00:00:00

'Konodin jagibe na aar/ janibar garo bedanar/ abiram---abiram bhar/ sahibe na aar--' (Never will he wake up/ to experience deepest pain/ unbearable burden/ no more to bear). Yes, those who end their lives somehow find their pain overwhelming. Yet it...

Australia, Uzbekistan set to host Women's Asian Cup

2024-03-16 00:00:00

KUALA LUMPUR, Mar 15 (AFP): Australia is set to host the Women's Asian Cup in 2026 and Uzbekistan is expected to stage the tournament in 2029, the Asian Football Confederation said on Friday.Australia, which co-hosted the Women's World Cup with...

Sinner sails into Indian Wells semi-finals

2024-03-16 00:00:00

INDIAN WELLS, United States, Mar 15 (AFP): Australian Open champion Jannik Sinner powered into the ATP-WTA Indian Wells Masters semi-finals but the match to determine his opponent was put on hold when a swarm of bees forced Carlos Alcaraz and...

US to host B'desh, Canada ahead of T20 WC

2024-03-16 00:00:00

In the lead-up to the ICC Men's T20I World Cup, the United States will host the Canadian and Bangladeshi cricket teams, the Cricket (USAC) announced on Thursday, reports UNB.The series will see the US playing against Canada in a five-match...

Carlos Alcaraz of Spain celebrates

2024-03-16 00:00:00

Carlos Alcaraz of Spain celebrates while playing Alexander Zverev of Germany during the BNP Paribas Open at Indian Wells Tennis Garden on Thursday in Indian Wells, California — AFP

Osaka to play Billie Jean King Cup for first time

2024-03-16 00:00:00

TOKYO, Mar 15 (AFP): Naomi Osaka will play the Billie Jean King Cup for the first time in four years when Japan face Kazakhstan in a qualifier in Tokyo next month, the team said Friday.The four-time Grand Slam winner and...

Former Nigerian footballer John Obi Mikel (R)

2024-03-16 00:00:00

Former Nigerian footballer John Obi Mikel (R) performs the 2023-2024 UEFA Champions League football tournament quarter-finals and semi-finals draw next to UEFA Deputy General Secretary Giorgio Marchetti at the House of European Football in Nyon on Friday — AFP

Kayes, Ariful hit centuries in Mohammedan's big win

2024-03-16 00:00:00

Imrul Kayes and Ariful Islam hit centuries as Mohammedan Sporting Club registered their second successive victory in the Dhaka Premier League (DPL), thrashing Rupganj Tigers Cricket Club by 84 runs at Khan Shaheb Osman Ali Stadium in Fatullah on Friday,...

BAF congrats Feroza Khatun

2024-03-16 00:00:00

Bangladesh Athletics Federation (BAF) congratulated former fastest woman and national sports awardee Feroza Khatun for being awarded the country's highest civilian award 'Freedom Award 2024' in recognition of her glorious contribution at the national level.In a press release on Friday,...

Towhid, Soumya propel Tigers to 286 against Sri Lanka

2024-03-16 00:00:00

Smashing his career-best knock of unbeaten 96, Towhid Hridoy propelled the Tigers to a fighting total of 286 in the second One Day International (ODI) of the three-match series against Sri Lanka on Friday in Chattogram, reports UNB. Bangladesh were...

News in Brief-(2024-03-16)

2024-03-16 00:00:00

Yemen's Houthis reported to have a hypersonic missileDUBAI, UAE, Mar 15: Yemen's Houthis claim to have a new, hypersonic missile in their arsenal, Russia's state media reported Thursday, potentially raising the stakes in their attacks on shipping in the Red...

Illinois Arab, Muslim groups reject Biden meeting request

2024-03-16 00:00:00

CHICAGO, Mar 15 (Arab News): Arab- and Muslim-American community leaders and elected officials angry over US policies on Gaza rejected a meeting proposed by President Joe Biden that was scheduled for Thursday in Chicago.The leaders of at least 29 Arab...

EU’s Borrell warns coming months ‘decisive’ for Ukraine war

2024-03-16 00:00:00

WASHINGTON, Mar 15 (AFP): EU foreign policy chief Josep Borrell warned Thursday that the Ukraine war could be decided in the coming months, urging during a visit to Washington for allies to rush aid to Kyiv."It's this spring, this summer...