Market slides over Trump-tariff-induced fear, experts see it as temporary hiccup
The stock market ended lower on Sunday as jittery investors reacted to the "reciprocal tariffs" imposed by the US administration.That was the first trading day after a week-long Eid vacation. In the meantime, the US government imposed a higher import tariff, 37 per cent, on Bangladeshi goods as part of...
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Dhaka bourse to inspect 10 more worrisome companies
The Dhaka Stock Exchange (DSE) has received permission from the Bangladesh Securities and Exchange Commission (BSEC) to conduct on-site inspections of 10 listed companies.The companies' headquarters, factory premises, and other relevant operational areas will be visited to assess their actual business and financial conditions.The DSE took the decision to further...
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BRAC Bank offers 3 products for expats, their families
BRAC Bank introduced instant account opening through eKYC for Non-Resident Bangladeshis (NRBs) and launched two specialised products designed to benefit the family members of NRBs.With the specialised products, ProbashiPoribar and TARA ProbashiPoribar Savings Accounts, and the eKYC, the bank recognises the NRBs immense contribution to the Bangladesh economy, reads a...
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Next up for markets: A crisis of confidence in the dollar
LONDON, April 6 (Reuters): In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to US tariffs this week, they ran away from it. Investors say it's a sign that the greenback's global standing may be eroding.The dollar, for...
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