Escalating Iran conflict sends stocks reeling
The benchmark index of the Dhaka Stock Exchange (DSE) tumbled this week, snapping a six-week winning streak, as investors were rattled by the escalating conflict in the Middle East.Market analysts said stocks suffered a major setback amid rising geopolitical tensions in the region, prompting jittery investors to offload their holdings...
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Global equity funds post first outflow in eight weeks on Middle East war
Global investors trimmed their equity fund holdings for the first time in eight weeks in the seven days to March 4 as an intensifying US-Israeli conflict with Iran fanned inflation worries and dampened risk appetite, reports Reuters.US equity funds were the hardest hit, with net sales of $21.92 billion, the...
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Southeast Bank launches Visa Student Credit Card
Southeast Bank PLC officially launched the country's first-ever Visa Student Credit Card at a grand ceremony held at a hotel in Dhaka on Wednesday. This initiative marks a significant milestone in Bangladesh's card industry and reflects the bank's strategic commitment to youth empowerment, financial inclusion, and fostering a responsible credit...
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Dollar, bonds or gold — which is the safest haven to hold?
Turmoil in the Middle East has sent investors scrambling for safety once more, reigniting a debate over which assets truly offer protection in times of stress, reports Reuters.The choice is complicated, as traditional refuges behave unpredictably. Gold has swung sharply and the dollar -- which has been out of favour...
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