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New Pope calls Church ‘a beacon to illuminate dark nights’ in first mass

2025-05-10 00:00:00

WASHINGTON, May 09 (BBC): Pope Leo XIV said the Church should be a "beacon" to reach areas suffering a "lack of faith" in his first mass as pontiff on FridayThe new Pope, Leo XIV, has called for the Catholic Church...

Xi, Putin vow stronger ties at Russia's World War II Victory Day parade

2025-05-10 00:00:00

MOSCOW, May 09 (BBC/Reuters): Vladimir Putin has led Russia's Victory Day commemorations with a parade in Red Square and heightened security after days of Ukrainian strikes targeting the capital.China's Xi Jinping joined Putin as he told thousands of soldiers and...

India's top bourse seeks govt intervention in IPO standoff with regulator

2025-05-10 00:00:00

NEW DELHI/MUMBAI, May 9 (Reuters) India's National Stock Exchange is asking the finance ministry to intervene in a years-long standoff with the markets regulator over its planned IPO, three sources with direct knowledge of the matter said, but the exchange...

EBL AND BERGER PAINTS PARTNER TO OFFER EXCLUSIVE BENEFITS

2025-05-10 00:00:00

Eastern Bank Limited (EBL) and Berger Paints Bangladesh Ltd. have signed a Memorandum of Understanding (MoU) granting EBL cardholders exclusive preferential rates & benefits on Berger's painting and interior design services. This initiative aims to make quality home beautification more...

Asia-Pacific stocks mixed as investors assess China data

2025-05-10 00:00:00

Asia-Pacific markets were mixed on Friday as investors parsed China's exports-imports data for April, with focus also on impending trade talks between Beijing and Washington.China's exports surged as shipments to Southeast Asian countries soared, offsetting a sharp drop in outbound...

Global equity fund inflows ease to a four-week low

2025-05-10 00:00:00

Global equity funds attracted the smallest weekly inflows in four weeks in the week through May 7, amid concerns about the impact of tariffs on the global economy and as investors awaited anticipated US-China trade talks for more clues, reports...

Stocks extend losses for fifth week as economic uncertainty lingers

FE REPORT | 2025-05-10 00:00:00

The stock market continues its downward trend for the fifth week in a row, driven largely by escalating geopolitical tensions in the subcontinent, which weighed heavily on investor confidence.On Wednesday -- the day India launched airstrikes on Pakistan, the benchmark...

ISLAMI BANK SECURITIES HOLDS BOARD MEETING

2025-05-10 00:00:00

A meeting of the board of directors of Islami Bank Securities Limited (IBSL) was held recently. Md. Abdus Salam, chairman of the IBSL, presided over the meeting. Directors Md. Abdul Jalil, Md. Omar Faruk Khan, and Mohammad Ali; and Md....

AB Bank in Banker-SME Women Entrepreneur Fair

2025-05-10 00:00:00

Dr. Ahsan H. Mansur, Governor of Bangladesh Bank, visits the AB Bank stall after inaugurating the Banker-Women Entrepreneur Conference and Product Showcasing Fair at Bangla Academy on Thursday. Syed Mizanur Rahman, Managing Director & CEO of AB Bank, received him...

Ukraine considers shift from dollar to euro amid geopolitical realignments

2025-05-10 00:00:00

LONDON (Reuters): Ukraine is starting to consider a shift away from the U.S. dollar, possibly linking its currency more closely to the euro amid the splintering of global trade and its growing ties to Europe, Central Bank Governor Andriy Pyshnyi...

Zambia-BD Business Forum to be held in city on Wednesday

2025-05-10 00:00:00

A daylong 'Zambia-Bangladesh Business Forum, Dhaka 2025' will be held on Wednesday at Banani Sheraton Hotel in the city to promote trade, investment and economic cooperation between the two countries, reports BSS.Commerce Adviser Sk Bashir Uddin is expected to inaugurate...

Dhaka-Delhi trade talks stalled for 3 years

REZAUL KARIM | 2025-05-10 00:00:00

Trade talks between Bangladesh and India remain stalled for a couple of years, despite frequent reminders from the former's side, mainly due to a lack of positive response from the latter, sources said.Bangladesh government officials concerned are in the dark...

China exports rose forecast-beating 8.1pc in April

2025-05-10 00:00:00

BEIJING, May 9 (AFP): China said Friday its exports rose 8.1 percent in April, topping forecasts, as the country fought a gruelling trade war with the United States and as both sides prepared for high-level talks at the weekend.Trade between...

India suspends flights at 24 airports

2025-05-10 00:00:00

MUMBAI, May 9 (AFP): India has suspended civilian flights at 24 airports in the north following fighting with nuclear-armed rival Pakistan.Nearly 50 people have perished, mainly in Pakistan, since India launched air strikes on Wednesday targeting "terrorist camps" and sparking...

Gold gains as dollar slips, investors await US-China trade talks

2025-05-10 00:00:00

Gold prices rose on Friday and were headed for a weekly gain, supported by a weaker dollar and lingering geopolitical tensions, while focus remained on US-China trade talks due this weekend.Spot gold was up 0.6 per cent to $3,325.20 an...

Oil set for weekly gain ahead of US-China trade talks

2025-05-10 00:00:00

LONDON (Reuters): Oil prices rose on Friday, poised for a weekly gain as trade tensions between top oil consumers China and the United States showed signs of easing.Brent crude rose by $1.20, or 1.9 per cent, to $64.04 a barrel...

The story of ship-breaking industry

Moin Uddin Muslim | 2025-05-10 00:00:00

The ship-breaking industry in Bangladesh is undergoing a significant transformation, marking a shift from its controversial past toward a more regulated and safer future. Since its inception, the industry has been a vital pillar of the national economy, contributing to...

Technology matters

Md. Kamruzzaman | 2025-05-10 00:00:00

Very few of us really notice the impacts of changes in technology in our day-to-day life. Most of the businesses in our country have little idea about what is happening in the world, how technology is going to affect their...

The youth brain drain battle

Tarnima Warda Andalib and Dauwood Ibrahim Hassan | 2025-05-10 00:00:00

The emigration of skilled young professionals, commonly referred to as brain drain, poses a significant challenge to national talent retention, particularly in developing countries. A decade ago, in 2012, Docquier and Rapport addressed the issue of several young professionals leaving...

Much maligned physiognomy must not be given another chance

Nilratan Halder | 2025-05-10 00:00:00

Physiognomy or the art of face reading may be dismissed offhanded as a pseudoscience. Nonetheless, people practise it every time they look at each other for the first time. The first impression is important. In any face-to-face communication or exchange...

Administrative awareness a must to combat drugs

2025-05-10 00:00:00

Drug abuse is silently crippling our youth. At a time when young people should be building their futures, many are falling into addiction. In urban areas, the unemployed and frustrated are especially vulnerable, turning to easily available substances like yaba,...

Mental health matters

2025-05-10 00:00:00

Mental health remains a neglected and overlooked issue in Bangladesh. In a country of 172 million people, there are fewer than 350 psychiatrists. This means just one psychiatrist serves roughly 500,000 individuals. The situation is difficult to fathom.By comparison, England,...

Disrespecting women, destabilising society

Tanim Asjad | 2025-05-10 00:00:00

Last week's grand rally in Dhaka, organised by an extreme right-wing group, gave a wrong message to all. In the rally, several speakers spread hatred against women in the name of religious obligations. Some of them also made misogynist remarks...

Dhaka's fire safety fix risks backfiring

Syed Muhammed Showaib | 2025-05-10 00:00:00

The recent decision by the Dhaka South City Corporation (DSCC) to revoke trade licences of restaurants operating in buildings not originally approved for restaurant use, especially rooftop establishments, has sparked controversy. Citing fire hazards and unauthorised construction, the city corporation...

Ridding nation of black laws

2025-05-10 00:00:00

One of the most tyrannous legacies of the past autocratic government was the Cyber Security Act 2023 (CSA 2023) passed in September 2023. It was actually a rehash of its equally draconian predecessor, the Digital Security Act (DSA) 2018. However,...

The potential backfire of 'Trumpeconomics 2.0'

Md Abdul Latif | 2025-05-10 00:00:00

As the United States (US) faces a challenging economic landscape, the return of protectionist policies dubbed "Trumpeconomics 2.0" prompts important considerations about their long-term effects on American jobs and global markets. These policies aim to strengthen domestic manufacturing and spur...

Rohingya waste jeopardising cultivation in Cox's Bazar

OUR CORRESPONDENT | 2025-05-09 12:00:00

COX'S BAZAR, May 08: Waste, especially in solid form, collected by community volunteers and disposed of in open spaces from the Rohingya refugee camps is creating agricultural concern damaging soil fertility in Cox's Bazar.Sources said several hundred acres of arable...

Untreated effluent and toxic wastes

2025-05-09 00:00:00

Untreated effluent and toxic wastes from Dhaka's Shyampur factories are being indiscriminately dumped into the River Buriganga, severely polluting the lifeline for the capital. The photo was shot on Thursday. — FE Photo

Yields on T-bills fall further

FE REPORT | 2025-05-09 00:00:00

The yields on treasury bills fell further on Thursday as banks expressed willingness to invest their excess liquidity in the short-term securities.The cut-off yield, generally known as interest rate, on the 91-day T-bills came down to 11.54 per cent on...

BNP eyes 10m new members in 2 months

2025-05-09 00:00:00

BNP is set to launch a two-month membership collection and renewal drive from May 15, aiming to enroll more than 10 million new members, report agencies."This time, we will conduct a primary membership collection drive alongside the renewal programme from...