Finance News: Latest Financial News, Finance News today in Bangladesh

Stocks rebound as investors bet on strong corporate earnings

Stocks rebounded sharply this week, with the benchmark index recovering most of the previous week's losses as bargain hunters returned to the market amid growing optimism over corporate earnings.Market operators said investor sentiment improved after retaliatory actions in the Middle East temporarily subsided, easing fears of a further escalation in...

Global equity fund inflows surge to three-week high

Global equity fund inflows rose to their highest in three weeks during the week to July 29, as investors snapped up technology sector funds during a market downturn, anticipating that the AI-driven advance has further to go, reports Reuters.Investors bought global equity funds worth a net $27.21 billion in their...

Braveheart Bio targets $1.2b valuation in US IPO

Braveheart Bio is targeting a valuation of up to $1.2 billion in its US initial public offering, the clinical-stage biopharmaceutical company said on Thursday, reports Reuters.The San Francisco, California-based company aims to raise $318.8 million in the IPO by offering 18.8 million shares priced between $15 and $17 each.Biotech IPOs...

Abdul Hai Sarker re-elected as Dhaka Bank chairman

Abdul Hai Sarker has recently been re-elected as the Chairman of the Board of Directors of Dhaka Bank PLC for a term of two years.Born into a respected Muslim family in Sirajganj District, Mr. Sarker completed his post-graduation (M.Com) from the University of Dhaka in 1970. Following his academic journey,...

EBL, bKash launch digital FDR on bKash app

Eastern Bank PLC (EBL) and bKash jointly introduced the country's first digital FDR (fixed deposit) available on bKash App, marking a significant milestone in advancing financial inclusion.bKash users can now instantly open FDR from bKash App, without visiting branches or submitting paper documents, says a press statement. The initiative aims...

NRB Bank gets two new AMDs

Kimiwa Saddat has joined NRB Bank PLC as Additional Managing Director & Chief Business Officer (AMD & CBO), effective on July 29, 2026, while Anwar Uddin has been promoted to AMD of the bank.Kimiwa Saddat is a distinguished banking leader with over 23 years of diversified banking experience, spanning corporate...

ISLAMI BANK HOLDS HALF-YEARLY BUSINESS DEVELOPMENT CONFERENCE

Islami Bank Bangladesh PLC held the Half-Yearly Business Development Conference of its Dhaka North and Dhaka South Zones at Islami Bank Tower in Dhaka on Friday. Mohammad Zahir Hussain, Executive Director of Bangladesh Bank and the sole representative of the board of directors of Islami Bank, addressed the conference as...

Apple set to lose $500b in value after weak forecast

Apple shares fell nearly 10% on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as the AI-driven data center boom strains global supply chains, reports Reuters.The drop, if sustained, would mark the stock's worst day since the pandemic-driven selloff in March 2020....