FE Today Logo

Search results for:


Rajshahi-4 independent candidate 'attacked by opponents'

2023-12-26 00:00:00

RAJSHAHI, Dec 25 (UNB): Independent candidate of Rajshahi-4 constituency, Engineer Enamul Haque, said he was attacked by 'boat' symbol supporters while conducting his election campaigning at Kalitala Madrasa intersection in Dwippur union of Bagmara upazila on Sunday night.The attack left...

EC orders withdrawal of Habiganj DC

2023-12-26 00:00:00

The Election Commission (EC) has decided to withdraw Habiganj Deputy Commissioner (DC) Devi Chand, reports UNB.A notice signed by Md Mizanir Rahman, deputy secretary of the commission was issued in this regard on Monday.The decision was taken by the commission...

Arrested two BNP men name Tuku as mastermind: Police

2023-12-26 00:00:00

Two persons arrested on charges of the derailment of a train in Gazipur on December 13 have said the sabotage was plotted by Jubo Dal President Sultan Salauddin Tuku, report agencies.Additional Police Commissioner of DMP's Counterterrorism and Transnational Crime (CTTC),...

Campaign for Sheikh Hasina held in Gopalganj

2023-12-26 00:00:00

TUNGIPARA, Gopalganj, Dec 25 (BSS): Election campaign for Awami League nominated candidate for Gopalganj-3 constituency (Kotalipara-Tungipara) Prime Minister Sheikh Hasina was held in Ramsheel union under Kotalipara upazila of the district on Sunday, reports BSS.Ramsheel union Awami League (AL) organised...

Quader calls on US to impose visa sanctions on poll troublemakers

2023-12-26 00:00:00

Awami League (AL) General Secretary Obaidul Quader has called on the United States (US) to issue visa restrictions against those creating obstacles during the election process, reports UNB."Those who disrupt the electoral process should be issued visa restrictions, and this...

China approves 105 online games after draft curbs trigger massive losses

2023-12-26 00:00:00

BANGKOK, Dec 25 (UNB) : China's press and publications authority has approved 105 new online games, saying it fully supports the industry after proposed curbs caused massive losses last week for investors in major games makers.The National Press and Publication...

Apple explores AI deals with news publishers

2023-12-26 00:00:00

NEW YORK, Dec 25 (Reuters): Apple has opened negotiations in recent weeks with major news and publishing organizations, seeking permission to use their material in the company's development of generative artificial intelligence systems, the New York Times reported on Friday.The...

Saudi Arabia ranks 2nd among G20 countries in ICT Development Index

2023-12-26 00:00:00

RIYADH, Dec 25 (Arab News): Saudi Arabia has secured the second rank among G20 nations in the International Telecommunication Union's 2023 index to monitor information and communication technology worldwide. According to ITU's Information and Communication Technology Development Index, the Kingdom...

BOJ's Ueda signals chance of policy shift, progress on price goal

2023-12-26 00:00:00

TOKYO, Dec 25 (Reuters): Bank of Japan Governor Kazuo Ueda said on Monday the likelihood of achieving the central bank's inflation target was "gradually rising" and it would consider changing policy if prospects of sustainably achieving the 2 per cent...

Bargain hunt by evasive garment buyers upsets owners

MONIRA MUNNI | 2023-12-26 00:00:00

Bargain hunt by some evasive garment buyers upsets the industry owners and the apparel apex body moves for blacklisting those seeking "illogical" discount on clothing-price invoices, sources say. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has asked its members...

Barclays working on $1.25b cost saving plan

2023-12-26 00:00:00

LONDON, Dec 25 (Express Tribune): Barclays is working on plans to save up to 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank's back office, a person with direct knowledge...

Disney, Reliance sign non-binding deal for India media operations merger

2023-12-26 00:00:00

BENGALURU, Dec 25 (Reuters): Reliance Industries, India's most valuable company, and Walt Disney signed a non-binding term sheet to merge their Indian media operations, the Economic Times reported on Monday, citing sources it did not name.Under the merger Reliance would...

Saudi Arabia, Jordan strengthen trade ties through land transport agreement

2023-12-26 00:00:00

RIYADH, Dec 25 (Arab News): Trade and economic collaboration are set to improve between Saudi Arabia and Jordan as the two nations have reached an agreement to enhance land transport connectivity. The Saudi-Jordanian Joint Technical Committee for Land Transport concluded...

Citizens Bank PLC organised its 'Annual Risk Conference - 2023' attended by divisional heads, branch

2023-12-26 00:00:00

Citizens Bank holds risk conferenceCitizens Bank PLC organised its 'Annual Risk Conference - 2023' attended by divisional heads, branch managers and other officials of the bank at its head office at Motijheel on Sunday. Mohammad Masoom, Managing Director and CEO...

Local electronics company Minister-MyOne Group has recently opened its first frenzies showroom at Gazipur

2023-12-26 00:00:00

MINISTER-MYONE GROUP opens SHOWROOM IN GAZIPURLocal electronics company Minister-MyOne Group has recently opened its first frenzies showroom at Gazipur Chowrasta in Gazipur. Executive director of Minister-MyOne Group Md Samsuddoha Shimul inaugurated the showroom as the chief guest.

China allocates $140b for public investment-

2023-12-26 00:00:00

SHANGHAI, Dec 25 (Express Tribune): China's top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster relief programmes, under a bond issuance and investment plan announced in October to...

The 'Annual Risk Conference'of Shari`ah-based Standard Bank Limited was held on Saturday at the bank's

2023-12-26 00:00:00

Standard Bank holds 'Annual Risk Conference 2023'The 'Annual Risk Conference'of Shari`ah-based Standard Bank Limited was held on Saturday at the bank's head office with Md. Habibur Rahman, Managing Director & CEO of the bank, chairing the conference. Md. Jabdul Islam,...

Japan automakers to invest $4.3b in Thailand over 5 yrs

2023-12-26 00:00:00

BANGKOK, Dec 25 (Reuters): Major Japanese auto manufacturers will invest 150 billion baht ($4.34 billion) in Thailand over the next five years, a Thai government spokesperson said on Monday, supporting the Southeast Asian country's transition to making electric vehicles.Toyota Motor...

Hedge funds seek double-digit returns in 2024 after year of outflows

2023-12-26 00:00:00

NEW YORK/LONDON/HONG KONG, Dec 25 (Reuters): A blistering rally in stocks and elevated bond yields are pressuring global hedge funds to boost returns as they fight to staunch investor outflows, industry insiders told Reuters.Investors have pulled about a net $75...

Japan banks scramble to beef up asset management business amid reform push

2023-12-26 00:00:00

TOKYO, Dec 25 (Reuters): The Japanese government's reform push for the country's $5 trillion asset management industry has sparked a series of action plans from top Japanese banking groups to beef up their long overlooked asset management business.Asset management has...

Orion Infusion's stock jumps 46pc in a month sans PSI

FE REPORT | 2023-12-26 00:00:00

Orion Infusion's stock price has been flying high on the Dhaka Stock Exchange (DSE) without any specific reasons for investors to be keen on betting on the stock.The stock price of the pharmaceutical company soared 46 per cent just in...

The 16th annual general meeting (AGM) of Baraka Power Limited was held virtually on Sunday. Faisal Ahmad

2023-12-26 00:00:00

The 16th annual general meeting (AGM) of Baraka Power Limited was held virtually on Sunday. Faisal Ahmad Chowdhury, Chairman of Baraka Power, and Fahim Ahmed Chowdhury, managing director, attended the meeting. The AGM approved a 5 per cent cash dividend...

China stocks edge up, gaming shares fall on new rules

2023-12-26 00:00:00

SHANGHAI, Dec 25 (Reuters): China stocks closed slightly higher on Monday in holiday-thinned trade with the Hong Kong market closed for Christmas, although online gaming shares extended the previous session's losses after China announced new rules to curb spending on...

Eastern Bank (EBL) was honoured as a top tax-paying bank in the banking sector category by the National

2023-12-26 00:00:00

Eastern Bank (EBL) was honoured as a top tax-paying bank in the banking sector category by the National Board of Revenue (NBR) for FY23. EBL Managing Director and CEO Ali Reza Iftekhar and Chief Financial Officer (CFO) Masudul Hoque Sardar...

Most Gulf markets gain as US inflation moderates

2023-12-26 00:00:00

Most stock markets in the Gulf rose on Monday with cooler-than-expected US inflation data supporting the view that the Federal Reserve could cut borrowing costs in the New Year, reports Reuters.Last week's Commerce Department report showed US prices fell in...

Fu-Wang Ceramic's Q1 profit grows 45pc on higher sales

FE REPORT | 2023-12-26 00:00:00

Fu-Wang Ceramic Industries saw its net profit for the first quarter (Q1) of FY'24 jump 45 per cent year-on-year to Tk 11.64 million, driven by higher sales and a decline in operational costs.The surge in profit took the earnings per...

One man dead, three hurt in Colorado mall gun fight

2023-12-26 00:00:00

COLORADO, Dec 25 (AP): A man was fatally shot and three people were hurt as gunfire rang out at a shopping center in Colorado on Christmas Eve, police said Sunday.A fight broke out between two groups of people in the...

Kennedy could pull votes from their candidate

2023-12-26 00:00:00

PHOENIX, Dec 25 (AP): Some voted for Donald Trump, others for Joe Biden. A few had never wanted anything to do with politics before they heard Robert F. Kennedy Jr., on a podcast or YouTube video.Lined up outside a Phoenix...

Beijing shivers through coldest Dec on record

2023-12-26 00:00:00

BEIJING, Dec 25 (BBC): The Chinese capital, Beijing, has experienced its coldest December since records began in 1951. Temperatures in the city have frequently fallen below -10C this month.It has been a year of extremes in the capital: six months...

70 killed in Israeli air strike on refugee camp

2023-12-26 00:00:00

GAZA, Dec 25 (BBC/AP/AFP): Gaza's Hamas-run health ministry says an Israeli air strike killed at least 70 people in the Al-Maghazi refugee camp in the centre of the strip. A spokesman said the death toll was likely to rise given...