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

Regulator outlines measures to protect retail investors in bank merger

The securities regulator wants the new entity-set to emerge from the merger of five troubled Islamic banks-to issue shares to all existing general shareholders, based on the banks' sale value.Talking to The FE, representatives of the Bangladesh Securities and Exchange Commission (BSEC) spoke of such a remedy for retail investors...

BRAC Bank gets green light for Tk 10b social bond

BRAC Bank has secured approval from the Bangladesh Securities and Exchange Commission and Bangladesh Bank to issue the country's first-ever Social Subordinated Bond, valued at Tk 10 billion. The landmark issuance of the 'BRAC Bank Social Subordinated Bond' will strengthen the bank's Tier-II capital under Basel III while channelling funds...

Electric aircraft maker Beta Tech files for US IPO

Electric aircraft maker Beta Technologies filed for an initial public offering in the United States on Monday, the latest company to join the rush to tap a record-breaking bull run in the equity market, reports Reuters.Easing trade tensions, robust stock markets and pent-up investor demand have combined to create one...

Asia draws $100b in capital as investors diversify beyond US

SINGAPORE, Oct 1 (Reuters): Asia excluding China has attracted about $100 billion in capital inflows over the past nine months as global investors diversify beyond the United States, Kevin Sneader, Goldman Sachs' president for Asia-Pacific ex-Japan, said on Wednesday.Japan has been a key beneficiary of the trend, while China's equity...

Foreign investors pull $2.7b from Indian stocks in Sept

Foreign portfolio investors (FPIs) withdrew $2.7 billion from Indian equities in September, extending their selling streak for a third straight month and putting 2025 on course for record foreign withdrawals, data from the National Securities Depository showed, reports Reuters.So far this year, foreign investors have offloaded $17.6 billion, the second-highest...

Asia markets trade mixed after US govt shuts down

Asia-Pacific markets were mixed Wednesday, following gains on Wall Street as investors appeared unperturbed by the US government shutdown, reports CNBC.Japan's Nikkei 225 sunk 0.85% to close at 44,550.85, marking its fourth straight day of losses, while the broad-based Topix was down 1.37% and ended at 3,094.74.The Reserve Bank of...

Walmart to phase out synthetic dyes across all private-label food brands

Walmart said on Wednesday it would remove synthetic dyes from its US private-label foods, including the Great Value and bettergoods brands, by January 2027, joining several other companies amid pressure from the Trump administration, reports Reuters.Major packaged food makers, including PepsiCo, Campbell's and Conagra Brands have made similar announcements in...

Cotton futures hit six-month low on excess supply

ICE cotton futures fell more than 1 per cent to a six-month low on Wednesday, hurt by concerns of excess supply, while weaker sentiment from the grains market also spilled into the natural fiber, reports Reuters.Cotton contracts for December fell 0.96 cents, or 1.4%, to 64.81 cents per lb at...

Euro zone manufacturing slips back to contraction

LONDON, Oct 1 (Reuters): Euro zone manufacturing activity slipped back into contraction in September as new orders fell at their fastest rate in six months, signaling the recovery in the region's industrial sector was fragile, a survey showed on Wednesday.The HCOB Eurozone Manufacturing Purchasing Managers' Index (PMI), compiled by S&P...

Global drugmakers rush to boost US presence as tariff threat looms

Global drugmakers are scrambling to shore up their US manufacturing capacity and domestic inventory as the Trump administration moves ahead with a 100 per cent tariff on imported branded and patented drugs, starting October 1, reports Reuters .The sweeping measure has triggered a flurry of activity across the industry, including...