HONG KONG, Jan 17 (AFP): Hong Kong stocks tanked Wednesday on worries about China's economy after data showed it grew in 2023 at its slowest pace for more than three decades outside the pandemic years.The Hang Seng Index plunged 3.71...
SINGAPORE, Jan 17 (Reuters): China's patchy economic growth and a renewed slump in home sales have redoubled investors' resolve to steer clear of the country's markets, sending shares tumbling as foreigners quit in the absence of fresh policy support.Gross domestic...
BENGALURU, Jan 17 (Reuters): Fund flows into India's information technology stocks both from local and global investors are expected to rise gradually over the next two quarters, led by growing optimism for a soft landing of the US economy and...
LONDON, Jan 17 (Reuters): World stocks fell on Wednesday as markets grappled with a central bank push back against interest rate cut expectations and signs of a patchy economic recovery for China.The dollar rallied to a one-month peak, a day...
A delegation of Shippers' Council of Bangladesh (SCB) led by its Chairman Md Rezaul Karim paid a courtesy call on State Minister for Shipping Khalid Mahmud Chowdhury at the latter's office in the city on Wednesday, said a press release....
In a landmark move for the Bangladeshi paper industry, Bashundhara Paper Mills Limited and Bashundhara Multi Paper Industries Limited have unveiled their first Sustainability Report, marking a significant step forward in their commitment to transparency and environmental, social, and governance...
Padma Bank Limited has been officially renamed Padma Bank PLC. Dr Chowdhury Nafeez Sarafat, chairman of the bank's board of directors, officially launched the name as the chief guest at a city hotel recently. Key attendees included Md Murshedul Kabir,...
Modhumoti Bank Limited donated Tk 1 million to the Dhaka Union of Journalists under the bank's corporate social responsibility programme on Wednesday. Md Shafiul Azam, managing director and CEO of Modhumoti Bank, handed over the cheque to Sohel Haider Chowdhury,...
FE REPORT | 2024-01-18 00:00:00
Beacon Pharmaceuticals on Wednesday topped the chart of the most-traded stocks after remaining stuck at the floor price for 10 months, joining the club of large-cap stocks that have experienced post-polls price appreciations. It saw the second highest price rise...
As part of its social responsibility, leading Bangladeshi conglomerate Ispahani has donated Tk 10 million to Chittagong Heart Foundation. Ali Ispahani, director of Ispahani Group, handed over the cheque to Dr Ahmed Kaykaus, chairman of Heart Foundation, at a ceremony...
FARHAN FARDAUS | 2024-01-18 00:00:00
The interest rate rise resulting from the policy rate increase for the second half of FY24 threatens to exacerbate liquidity crisis in the stock market, as investors are likely to divert funds to fixed-income assets. But experts doubt such an...
DAVOS (Switzerland) Jan 17 (AFP): The huge gap between how women and men's health are treated costs $1 trillion a year worldwide, the World Economic Forum said on Wednesday.Women spend a quarter more of their lives suffering from poor health...
BEIJING, Jan 17 (AFP): China's economy last year grew at one of its slowest rates in more than three decades, official figures showed Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global turmoil.The figures were...
LONDON, Jan 17 (AFP): British inflation unexpectedly accelerated in December on tobacco duty hikes, data showed Wednesday, missing expectations of a slowdown and dimming hopes of an interest rate cut.The Consumer Prices Index climbed to four per cent last month,...
The number of women at the helm of Germany's top companies is shrinking, according to a study on Wednesday that deals a blow to the government's aim for greater gender equality, reports Reuters.Female chief executive officers at Germany's 200 largest...
WASHINGTON, Jan 17 (Reuters): Tesla Inc, opens new tab has slashed prices of its Model Y cars in Germany, where it lost the spot as top electric vehicle seller to Volkswagen, opens new tab in 2023, a week after the...
WASHINGTON, Jan 17 (AP): Treasury Secretary Janet Yellen is pushing back against Republican criticism of the Democrats' big coronavirus pandemic response package and making an election year pitch that the current state of the U.S. “vindicates” the steps taken in...
A team led by Bangladesh Jewellers Association (BAJUS) Vice President Md. Ripnul Hassan called on Industries Minister Nurul Majid Mahmud Humayun at the latter's office in the city on Wednesday. The minister assured them of plot allotment for jewellery factories...
The Southeast Bank Training Institute organised a virtual training programme on "Cash Management in Banks with Special Reference to Bangladesh Bank Guidelines" on January 15 for the cash officials of the bank. Nuruddin Md. Sadeque Hossain, Managing Director of Southeast...
Bangladesh and China have discussed promoting Free Trade Agreement (FTA) negotiation, providing more financial support for bilateral trade, and attracting more Chinese enterprises to invest in Bangladesh.Ambassador to Bangladesh Yao Wen met State Minister for Commerce Ahsanul Islam (Titu) on...
In a significant financial move, Sheltech Ceramics Limited, a rapidly growing player in the ceramics manufacturing sector and a concern of the prestigious Sheltech Group, has raised Tk 1.5 billion (150 crore) by issuing non-convertible cumulative preference shares in the...
FE REPORT | 2024-01-18 00:00:00
The 12th edition of the Biman Bangladesh Travel and Tourism Fair (BBTTF)-2024 is all set to kick off next month in Dhaka.The three-day tourism fair will be held at the Bangabandhu International Conference Centre (BICC) on Feb 1-3.The fair is...
FE REPORT | 2024-01-18 00:00:00
Indian high commissioner to Bangladesh Pranay Verma met finance minister Abul Hassan Mahmood Ali at his secretariat office in Dhaka on Wednesday.The meeting discussed a range of issues, including development of bilateral relations, trade and commerce, education, culture and the...
FE REPORT | 2024-01-18 00:00:00
The government will sell fish, meat and eggs at subsidised rates for mass people across the country during the upcoming holy month of Ramadan. Fisheries and Livestock Minister Md Abdur Rahman disclosed this while talking to the media at his...
ADELAIDE, Australia, Jan 17 (AFP): Debutant Shamar Joseph gave the West Indies some hope after taking two top-order wickets during Australia's reply to the visitors' first innings total of 188 in the opening Test in Adelaide Wednesday.Australia were 59-2 at...
The four-nation South Asian Football Federation (SAFF) U-19 Women's Championship 2024 will begin on February 02 at the Bir Sherestha Shaheed Shipahi Mostafa Kamal Stadium at Kamalapur in the city, reports UNB.Four South Asian countries --India, Nepal, Bhutan and hosts...
The Bangladesh Cricket Board (BCB) announced on Wednesday Ispahani as the title sponsor of the 10th edition of Bangladesh Premier League (BPL), reports BSS.The tournament will be named as Ispahani BPL T20, powered by Nagad. This is the second straight...
WELLINGTON, Jan 17 (Agencies): New Zealand sealed their T20 series against Pakistan with two games to spare Wednesday on the back of a record 137 off 62 balls by opener Finn Allen at University Oval in Dunedin.The Black Caps, sent...
Mashrafe Bin Mortaza finally was named captain for the Sylhet Strikers, ending a speculation over his participation in the tournament, reports BSS.He was the captain of the team in the last season when Sylhet ended up as runners up after...
Qatar, France broker deal to getaid, medication in GazaDOHA, Jan 17: Qatar and France have brokered a deal with Israel and Palestinian Islamist group Hamas to deliver urgent medication to some 45 Israeli hostages held by the group in Gaza...
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