Nilratan Halder | 2024-02-09 12:00:00
An apathy towards and even hostility to children's outdoor activities seems to be ingrained in the social attitude of urban people. Even few people complain against a dire shortage of open space in the capital Dhaka with a population density...
TOKYO, Feb 08 (AFP): Japanese automaker Honda on Thursday upgraded its annual profit forecast thanks to a strong dollar and healthy North American demand, while rival Nissan said its net profit almost tripled year-on-year.Honda now projects an annual net profit...
PARIS, Feb 08 (AFP): French luxury giant Kering said Thursday its sales and net profit fell in 2023, warning its investment strategy will weigh on results this year as it refocuses its business around its flagship brand Gucci.Kering, whose other...
RIYADH, Feb 08 (Arab News): Qatar's international reserves increased by 5.26 per cent annually to 246.04 billion riyals ($67.58 billion) in January, driven by higher balances in foreign banks, official data showed. According to data released by Qatar Central Bank,...
BENGALURU, Feb 8 (Reuters): Inflows into India's equity mutual funds rose to a nearly two-year high in January, led by sustained interest in small-caps, data from the Association of Mutual Funds in India (AMFI) showed on Thursday.Net equity mutual fund...
LONDON/FRANKFURT, Feb 8 (Reuters): German defence contractor Renk, opens new tab and Greece's Athens International Airport (AIA), opens new tab soared in their market debuts on Wednesday, in a boost for Europe's bruised IPO market.Shares in Renk, a producer of...
AstraZeneca, opens new tab expects to boost revenue and profit this year on the back of resilient demand for its cancer and rare disease drugs, the company said on Thursday after reporting slightly lower than expected fourth-quarter profit, reports Reuters.In...
Direxion, a US asset manager specializing in leveraged exchange-traded funds (ETFs), on Wednesday rolled out a new product allowing investors to bet on gains in the MSCI Emerging Markets ex-China Index, reports Reuters.As China's stock market has struggled to emerge...
BEIJING, Feb 8 (Reuters): The new head of China's market regulator is tough on insider trading, fights fires fast, works closely with Communist Party leaders and has managed a stock exchange - a perfect profile for someone taking charge of...
HONG KONG, Feb 8 (AFP): Stocks mostly rose Thursday following another record on Wall Street, with strong earnings, a resilient US economy and Chinese moves to boost the country's markets playing up against fading hopes for an early Federal Reserve...
LONDON, Feb 8 (Reuters): British American Tobacco, opens new tab is "actively working" to sell some of its shareholding in India's ITC, it said on Thursday, sending its shares up almost 8 per cent as investors cheered a move towards...
MUMBAI, Feb 08 (Reuters): Reserve Bank of India (RBI), India's central bank, left rates unchanged on Thursday, signalling that interest rate cuts may be some time away as it focuses on the "last mile of disinflation" towards its 4 per...
Bengal Islami Life Insurance Limited and Sinodia Healthcare Private Limited (Mozocare), India signed an agreement at the Head Office of the insurance company. Under the agreement, all policyholders of Bengal Islami Life Insurance will get preferential medical treatment with discount...
As the Dhaka Regency Premier Club, the country's largest hotel loyalty programme, stepped into its 12th year, Dhaka Regency Hotel & Resort celebrated the anniversary with a cake-cutting ceremony on the hotel premises in presence of Md Mahmud Hassan, Director...
Al-Arafah Islami Bank recently donated water purifiers to Sharder Suruzzaman Women's University College. Deputy Managing Director of the bank Md Fazlur Rahman Chowdhury was present as chief guest to the programme held at the college campus. College Principal Rumana Zaman...
Cumilla Zone of Islami Bank Bangladesh organised an 'Agent banking business development conference and workshop on prevention of money laundering & terrorist financing' at BARD Auditorium, Cumilla on Thursday. Mohammed Monirul Moula, managing director and CEO of the bank, addressed...
Southeast Bank has conducted its 'Business Review Meeting' recently. Nuruddin Md Sadeque Hossain, managing director of the bank, presided over the conference. Senior executives from the head office, head of branches, sub-branch in-charges and heads of the offshore banking units...
A workshop on 'Safety Management System (SMS) for Senior Management' was held at Balaka, the head office of Biman Bangladesh Airlines on Thursday, says a statement. The workshop session was conducted by Capt Martin Scheffmann, a Boeing SMS taskforce leader....
Sony-Smart has opened a mega showroom on the ground floor of Mika Cornerstone at Uttara in Dhaka, where genuine products from Japan's Sony brand will be available, says a statement. Industries Minister Nurul Majid Mahmud Humayun inaugurated the showroom on...
Palli Karma-Sahayak Foundation (PKSF) hosted a three-day 'Shuponno Somahar: Environment-friendly Microenterprise Fair 2024' that began at Bangabandhu International Conference Center (BICC) on Thursday, under its Sustainable Enterprise Project (SEP). The fair will end on February 10, says a statement. Dr...
Berger Paints BD Limited has signed an issue management agreement with IDLC Investments Limited on Monday for their proposed rights share issuance plan, according to a statement. Berger intends to raise Tk3.75 billion by issuing 2,728,111 ordinary shares at an...
FE REPORT | 2024-02-09 00:00:00
Stocks extended the winning streak for the ninth straight sessions on Thursday, taking the core index to 15-month high, as investors were still on a buying spree, putting bets on lucrative shares amid heightened optimism. According to market insiders, investors'...
MUMBAI, Feb 08 (Reuters): The Indian rupee ended little changed on Thursday after the Reserve Bank of India kept its benchmark policy rates unchanged, with the focus now on US economic data and remarks from a Federal Reserve official due...
COPENHAGEN, Feb 08 (AFP): Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Yemeni rebel attacks in the Red Sea.The downbeat forecast came after...
RIYADH, Feb 08 (Arab News): The Kingdom of Saudi Arabia (KSA) and Jordan have signed an agreement to enhance economic, commercial and investment cooperation in the small and medium enterprise sector.They will work together to increase the exchange of expertise,...
NEW DELHI, Feb 08 (Reuters): India is close to finalizing a trade deal that could see a small group of European nations invest as much as $100 billion over 15 years for easier trade access to the country reported on...
SAN FRANCISCO, Feb 8 (Reuters): Google on Thursday renamed its Bard chatbot after the new artificial intelligence that is powering it, called Gemini, and said consumers can pay for better reasoning capabilities as it vies with Microsoft to win subscriptions.US...
CEO and Managing Director of Sonali Bank PLC Md Afzal Karim has been appointed chairman of Padma Bank PLC, according to a circular issued by Bangladesh Bank.Prior to joining Sonali Bank, Mr Afzal was the managing director of Bangladesh House...
Midland Bank (MDB) signed an MoU with Air Astra Airways at the bank's head office in the city recently. Md Rashed Akter, Head of Retail Distributions of MDB, and Mohammad Mozammel Haque Bhuiya, Head of Marketing & Sales of Air...
Biman Bangladesh Airlines offers a discount of 15 per cent on the ticket fare for all international routes on the occasion of the three-day International Tourism Fair styled 'Dhaka Travel Mart-2024' that began on Thursday.The offers are available for visitors...
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