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

What to consider in selecting best bargains from insurance stocks

More than 90 per cent of insurance stocks have experienced a significant decline in value in the last one year but their popularity as manipulative stocks makes it tricky for investors to select the best bargains. The stock market has long been on a downward spiral since the bleak economic...

Stocks get a boost as ICB starts injecting new funds

The country's capital market strongly rebounded on Sunday, breaking away from a six-day losing streak, largely supported by the state-run Investment Corporation of Bangladesh (ICB).The ICB started putting in investments in the market on receipt of a fund worth Tk 30 billion from the government.The central bank last week disbursed...

Global cenbank liquidity-from market headwind to tailwind?

ORLANDO, Florida, Dec 15 (Reuters): One of the many curiosities of 2024 has been how global stocks have surged so strongly even as central banks have drained liquidity from the system. The question for markets is, if draining liquidity wasn't much of a headwind this year, will its likely reversal...

MTB ARRANGES 'SERVICE CHAMPIONS AWARD 2024'

MTB recently organised its 'Service Champions Award 2024'to recognise officials who played the most significant roles in providing better services to its customers. The award ceremony was held in an event at MTB Centre in the capital. Syed Mahbubur Rahman, managing director and chief executive officer of MTB, handed over...

SOUTHEAST BANK HOLDS 2024'S FINAL REVIEW MEETING

Southeast Bank recently held its last 'Business Review Meeting' for the year 2024. Nuruddin Md. Sadeque Hossain, managing director of the bank, presided over the meeting. Executives from the head office, branch heads, operation managers, and officials of other units participated in the meeting virtually. The meeting highlighted the bank's...

India's markets regulator proposes retail investors participate in algo trading

India's markets regulator on Friday proposed a framework to allow retail investors to participate in algorithmic trading through stock brokers, reports Reuters.In 2008, the Securities and Exchange Board of India (SEBI) had introduced algorithmic trading which provided facilities like faster order execution, reduced transaction costs and greater transparency. However, algo...

AI models' slowdown spells end of gold rush era

NEW YORK, Dec 15 (Reuters Breakingviews): Amid the many uncertainties in the artificial intelligence field, one thing has always seemed clear: bigger and more expensive systems produce better results. Hence the relentless fundraising of model developers like $157 billion OpenAI and the mammoth capital expenditures of Big Tech groups. Now,...

IBTRA INTERNSHIP PROGRAMME CONCLUDES

Islami Bank Training and Research Academy (IBTRA) organised the closing ceremony of its 160th Internship Programme at the IBTRA Auditorium in Dhaka recently. Mohammed Monirul Moula, managing director of Islami Bank Bangladesh PLC, was present as the chief guest while KM Munirul Alam Al-Mamoon, deputy managing director of the bank...

STANDARD BANK HOLDS 403rd BOARD MEETING

The 403rd Board Meeting of Shari'ah-based Standard Bank PLC was held at its Head Office in Dhaka on Sunday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Director & Founder Chairman Kazi Akram Uddin Ahmed, Directors Ashok Kumar Saha, Ferozur Rahman, S.A.M. Hossain, Mohammed Shamsul...

South Korea vows to keep markets stable after Yoon's impeachment

SEOUL, Dec 15 (Reuters): South Korea's finance ministry vowed on Sunday to continue to swiftly deploy market stabilising measures as needed to support the economy after President Yoon Suk Yeol was impeached over his brief imposition of martial law.The ministry said it will actively communicate with the parliament to keep...