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

Stocks plunge amid growing political concerns

Stocks suffered a big jolt this week, extending the losing streak to third straight week, as the key index of the Dhaka bourse plunged to a six-month low amid mounting concerns over political instability.Market analysts pointed to growing political unrest surrounding the upcoming national elections and the announcement of date...

Change mindset, focus on vocational education to build skilled workforce

Managing Director of Apex Footwear Syed Nasim Manzur has called for an urgent shift in Bangladesh's mindset towards technical education, warning that the deep-rooted stigma attached to vocational training is preventing the country from building the skilled workforce it desperately needs.He made the observation while speaking at a session of...

Travel booking platform Klook reveals robust revenue growth in US IPO filing

SoftBank-backed Klook reported more than a 24% jump in revenue in 2024, the online travel booking platform disclosed in its filing for a US initial public offering this week, signalling steady investor demand, reports Reuters.The US IPO market has rebounded from tariff-driven volatilities, as a rally in equities and interest...

BRAC BANK OPENS NEW SUB-BRANCH IN BASHUNDHARA

BRAC Bank has opened a new sub-branch in Bashundhara Residential Area in Dhaka. Tareq Refat Ullah Khan, Managing Director & CEO of the bank, inaugurated the sub-branch at JCX Tower at Block: I in Bashundhara recently. Sheikh Mohammad Ashfaque, Deputy Managing Director & Head of Branch Distribution Network; A. K....

Asia-Pacific markets slide as tech stocks under pressure

Asia-Pacific markets slid on Friday, tracking losses on Wall Street, as technology stocks continued to come under pressure and Fed rate-cut doubts swirled, reports CNBC.Japan's benchmark Nikkei 225 index lost 1.77 per cent to close at 50,376.53, while the Topix slid 0.65 per cent to end the trading day at...

Global investors pull back, cautious over tech valuations

Global equity fund inflows cooled significantly in the week to November 12 as worries about stretched technology valuations and signs of softening US labour market conditions fuelled risk-off sentiment, reports Reuters.According to LSEG Lipper data, global investors bought just $4.11 billion worth of equity funds during the week, a sharp...