Stocks plummet on political fears

Stocks extended the losing streak for the third straight week to Thursday, as jittery investors continued to dump their holdings, fearing further erosion of their portfolios, with no sign of political or economic volatility slowing. Furthermore, the latest policy rate hike by a 50 basis points amid a tightened monetary...

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Khulna Printing's stock soars 160pc in a month

Despite enduring persistent losses over the years, Khulna Printing & Packaging Ltd. (KPPL) has witnessed a remarkable 160 per cent surge in its stock price in just one month on the Dhaka Stock Exchange (DSE).The company has faced losses consistently for the last five years, with accumulated losses reaching Tk...

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China's fashion company Shein files for US IPO

Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar with the matter, in what is likely to be one of the most valuable China-founded companies to list in New York, reports Reuters.Goldman Sachs, JPMorgan Chase and Morgan Stanley have been hired...

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