Weak companies lead market gains amid speculative trading surge
Many of the worst-performing companies have outpaced market leaders in price gains in the secondary market over the past four months, as investors focus on short-term returns amid limited investment options.Apart from retailers, many institutional investors have not fixed any long-term investment strategy amid the liquidity crisis.Ahead of the national...
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BAT Bangladesh declares 30 per cent cash dividendS at AGM
BAT Bangladesh declares 30 per cent cash dividendS at AGMBritish American Tobacco Bangladesh approved a 30 per cent cash dividend for 2025 at its 53rd Annual General Meeting (AGM) held virtually on Thursday (April 30), with a large number of shareholders in attendance. The meeting was presided over by Chairman...
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Investors are running out of time to brace for true oil shock
SINGAPORE/LONDON, May 2 (Reuters): In thrall to an AI boom that has sent stocks to record highs and harbouring hopes of a short-lived Iran war, investors have yet to prepare for a doubling of physical oil prices. The window to do so may soon be closing.There are plenty of reasons...
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Prime Bank, PayStation sign deal to offer flexible payment solutions-
Prime Bank, PayStation sign deal to offer flexible payment solutionsPrime Bank has signed an agreement with Service Hub Limited (PayStation) at a ceremony at Prime Aspire, Gulshan Avenue, Dhaka to enhance customer convenience through flexible payment solutions. Under the partnership, Prime Bank customers will enjoy EMI facilities through PayStation and...
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BRAC Bank, Ascent Health offer healthcare benefits -
BRAC Bank, Ascent Health offer healthcare benefits BRAC Bank has partnered with Ascent Health Limited to offer discounted pathological tests and specialist consultations to its employees, cardholders, and their dependents across the country. Under the agreement signed at the bank’s head office on April 23 this year, employees will receive...
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EBL, Akij Takaful launch Shariah-compliant insurance services
EBL, Akij Takaful launch Shariah-compliant insurance servicesEastern Bank, in partnership with Akij Takaful Life Insurance, launched Shariah-compliant Takaful insurance solutions through its banking channel at a ceremony at the EBL Head Office in Dhaka on Thursday (April 30). Among those present were M. Khorshed Anowar, deputy managing director and head...
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For private credit borrowers, big maturity walls are further out
For most companies that have borrowed from US private credit funds, the real moment of reckoning - when their loans mature and they need to refinance cheap debt taken during the COVID-19 pandemic years - is a couple of years away, reports Reuters.A Reuters analysis of US Securities and Exchange...
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