MELBOURNE, Australia, Jan 20 (AP): Top-ranked Iga Swiatek is out of the Australian Open after a 3-6, 6-3, 6-4 third-round loss to 50th-ranked Linda Noskova on Saturday, leaving no top 10 players in the bottom half of the women's draw.Swiatek...
Former champions Dhaka Abahani Ltd and Federation Cup champions Dhaka Mohammedan SC maintained their winning run in the 4th round of the 10-team ABG Bashundhara Bangladesh Premier League (BPL) Football at two separate venues across the countries on Saturday, reports...
In a riveting clash at Sher-e-Bangla National Stadium, Fortune Barishal secured a nail-biting victory over Rangpur Riders, winning by 5 wickets with just 5 balls to spare in the third match of the Bangladesh Premier League (BPL) 2024, report agencies....
NEW YORK, Jan 20 (Reuters): Falling inflation and expectations of an economic soft landing are buoying hopes for US real estate stocks in 2024, even as the sector continues to lag the broader market.Real estate investment trusts (REITs) were among...
Mohammad Mufazzal | 2024-01-21 00:00:00
The biggest challenge of highly leveraged companies now is to tackle their burgeoning interest payment following the persistent policy rate hikes. Ensuring profitability will depend on how prudent their management will be in keeping costs in check while bearing a...
CARACAS/MADRID, Jan 20 (Reuters): Spanish fashion company Inditex, opens new tab plans to resume activities in Venezuela, reopening under a franchise agreement a Zara store in Caracas in the first half of 2024 after a three-year hiatus, the company said...
LONDON, Jan 20 (BBC): Retail sales volumes fell by 3.2 per cent in December in the sharpest drop since the UK was in a Covid lockdown.Official figures revealed a sharp fall in demand for goods, but food sales also declined...
SHANGHAI/BEIJING, Jan 20 (Reuters): For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian.Han, who exports Chinese-made cars to Africa and imports off-road vehicles from Europe,...
Secretary of the Ministry of Religious Affairs Md. Abdul Hamid Zamaddar has been elected president and Joint Secretary of the Ministry of Fisheries and Livestock Dr. Abu Naeem Muhammad Abdus Sabur has been elected General Secretary of Jhalakathi Officers Association,...
NEW YORK, Jan 20 (Reuters): Oil prices settled slightly lower on Friday but recorded a weekly gain as Middle East tensions and disruptions to oil output offset concerns about the Chinese and global economies.Brent futures settled 54 cents lower at...
Muhammad Mahmood | 2024-01-21 00:00:00
One month on from taking office as Argentina’s President, Javier Milei flew to Davos, Switzerland to attend the World Economic Forum (WEF) last week. As President of Argentina, this was the first foray into the global arena by the self-proclaimed...
By facilitating students to work from their university, the government can address the problem of unemployment to a great extent. Students can be offered jobs on an hourly or contractual basis. To encourage public and private organisations to hire students,...
Dhaka City is grappling with a growing menace – unnecessary honking of motor vehicles. The sound of horns has become an integral part of the city's soundscape, contributing significantly to the rising levels of sound pollution. Unnecessary honking has become...
Atiqul Kabir Tuhin | 2024-01-21 00:00:00
That the country's overall business environment didn't improve in spite of the government's numerous measures and policy support is evident from a survey of Centre for Policy Dialogue (CPD). The CPD survey, conducted in partnership with the World Economic Forum...
Asjadul Kibria | 2024-01-21 00:00:00
To continue the fight against inflation, Bangladesh Bank has adopted the tight monetary stance applicable for the last half of the current fiscal year (FY24). The announcement of the new monetary policy last week came with a moderate hike in...
Authorities had introduced floor pricing more than a year ago to prevent a possible crash in the country's main bourse. What had originally been envisaged as a short-term measure had become a long-term one and with unintended, but not entirely...
LONDON, Jan 19 (Reuters): Global equity funds witnessed hefty outflows in the week up to Jan. 17 as investors trimmed positions after central bankers in the US and Europe pushed back against market expectations of an early interest rate cut.Investors...
LONDON, Jan 19 (AFP): Wall Street opened higher as tech stocks continued their recovery, but European shares were weighed down by concerns about slow growth and sticky inflation.Asian markets were hurt by China's economic woes.Global equities had rebounded Thursday in...
HONG KONG, Jan 19 (AFP): Asian markets mostly rose Friday following a tech-led rally on Wall Street that helped soothe traders' concerns that the Federal Reserve will likely not cut interest rates, though China's economic woes dragged on Hong Kong...
FE REPORT | 2024-01-20 00:00:00
The stock market regulator has approved the draft prospectus of an open-end mutual fund named "ACACIA SRIM Balanced Unit Fund", the initial targeted size of which is Tk 500 million.The approval came on Wednesday [January 17] at a meeting held...
FE REPORT | 2024-01-20 00:00:00
The equities index extended the winning streak last week with increasing participation of investors with their sights set on rallying stocks as political tensions subsided after the national election.Buyers dominated the trading floor since investors were getting optimistic about a...
TOKYO, Jan 19 (AFP) : Japanese consumer inflation slowed again in December due to lower electricity and gas bills, government data showed Friday, ahead of a Bank of Japan policy decision next week.Prices in the world's third-largest economy, excluding volatile...
GENEVA, Jan 19 (AFP): Generative artificial intelligence could transform healthcare through things like drug development and quicker diagnoses, but the World Health Organization warned Thursday of the potential pitfalls in rushing to embrace AI.The WHO has been examining the likely...
Prime Minister's Principal Secretary Md Tofazzel Hossain Miah has urged China and the International Finance Corporation (IFC) to increase their investments in Bangladesh, reports UNB.Tofazzel made the call when Chinese Ambassador to Bangladesh Yao Wen and International Finance Corporation (IFC)...
LONDON, Jan 19 (AFP): Indian-owned Tata Steel is to cut about 3,000 jobs at a plant in Wales, a source said Thursday, as the industry struggles to finance greener production of the metal.The company will on Friday confirm the closure...
WASHINGTON, Jan 19 (AFP): The US Federal Reserve could begin cutting interest rates "sooner than the third quarter" of this year, a voting member of the central bank's rate-setting committee said Thursday.Policymakers recently voted to keep the Fed's benchmark lending...
Customers buy warm clothes from a footpath shop at New Market in the city on Friday as the country is witnessing possibly the hard part of biting cold. — Focus Bangla
FE REPORT | 2024-01-20 00:00:00
The Bangladesh Textile Mills Association (BTMA) said the government has formed a minimum wage board for the country's textile sector, as the association requested the workers to have patience following reports of factory vandalisms. In a press release on Friday,...
MOSCOW, Jan 19 ( TASS): World oil supply is forecast to rise to a new high of 103.5 mln barrels per day in 2024, fueled by record-setting output from the US, Brazil, Guyana and Canada, the IEA (International Energy Agency)...
SAN FRANCISCO, Jan 19 (AFP): Google CEO Sundar Pichai has warned employees that more layoffs are in store at the search engine giant as it focused on new priorities, including artificial intelligence."These role eliminations are not at the scale of...
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