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

Web portal to showcase open-ended mutual fund performance

The securities regulator has moved to launch a web portal that will display the performance of all open-ended mutual funds (MFs) to help investors make investment decisions.In a telephonic conversation with the FE, the chairman of the Bangladesh Securities and Exchange Commission (BSEC), Masud Khan, said the Dhaka Stock Exchange...

Trump makes the stock market his scoreboard, but many Americans aren't even in the game

WASHINGTON, July 11 (Reuters): US President Donald Trump began this week with an Oval Office first: ringing the stock market's opening bell.The moment captured a defining feature of his second term. Trump has increasingly cast Wall Street's gains as a measure of his presidency, treating record stock prices as proof...

BANK ASIA SMART APP REBRANDED-

BANK ASIA SMART APP REBRANDEDBank Asia has officially launched Bank Asia ZEN, the new and enhanced version of its mobile banking platform. The inaugural ceremony was held on Wednesday at Bank Asia Tower. Sohail RK Hussain, managing director of the bank, along with other members of senior management team inaugurated...

South Korea, Taiwan lead $46b emerging market equity exodus in June

LONDON, July 11 (Reuters): A sharp retreat from tech-heavy equities in South Korea and Taiwan fuelled net emerging market stock outflows of $46.1 billion from foreign investor portfolios in June, banking trade group data showed, contributing to a second straight month of overall portfolio losses for developing economies.The monthly report...

India equity mutual fund inflows rebound from one-year low

Flows to India's equity mutual funds jumped 26.5 per cent month-on-month in June, from their lowest in a year, as easing Middle East tensions and rupee-stabilising measures lifted sentiment, reports Reuters.This marks five years and four months of net inflows to equity mutual funds, the longest streak on record.Inflows climbed...

PRIME BANK, BRITISH COUNCIL INK DEAL TO OFFER SPECIAL PROGRAMMES-

PRIME BANK, BRITISH COUNCIL INK DEAL TO OFFER SPECIAL PROGRAMMESPrime Bank and the British Council in Bangladesh have entered into a strategic partnership to strengthen learning, professional development and employee empowerment while extending exclusive benefits to its customers ranging from young learners to adults. The partnership, under Prime Bank's Diversity...