NRBC Bank Securities comes under probe over alleged data falsification
NRBC Bank Securities will face a thorough regulatory investigation over alleged non-compliance, including the submission of fabricated data on negative equity to the securities regulator.A two-member committee formed by the securities regulator has been asked to submit a report within 60 working days of the issuance of the order on...
Read more
Regulator to probe LankaBangla Investments over suspected financial misreporting
The Bangladesh Securities and Exchange Commission (BSEC) has ordered an inquiry into alleged financial irregularities at LankaBangla Investments Limited, involving negative equity accounts, irregular interest calculations, and violations of margin rules. According to the order issued last week, the inquiry will examine whether the company declared or facilitated cash dividends...
Read more
No-booze beer and houmous: healthy habits reshape UK inflation basket
LONDON, March 16: Prices of alcohol-free beer and houmous will go into calculations of British inflation as shoppers prioritise healthier habits, the Office for National Statistics said on Monday, reports Reuters.The consumer prices index is based on the cost of more than 750 goods and services, some of which are...
Read more
Prime Bank FinTech gets central bank nod to operate MFS
Prime Bank FinTech Limited, a subsidiary of Prime Bank, has been awarded a licence to operate its own brand of mobile financial services (MFS) in the country, according to a press release.With this regulatory approval, Prime Bank FinTech Limited is set to reshape the country's digital financial ecosystem by addressing...
Read more
China's economy builds early momentum in 2026 as global risks mount
BEIJING, March 16 (Reuters): China's economy began the year on a firmer footing as factory output quickened while retail sales and investment rebounded in January-February, offering early relief for policymakers as the US-Israeli war with Iran injects fresh uncertainty for growth.The resilience followed a surge in exports driven by booming...
Read more
How the yen's safe haven aura is fading
SINGAPORE, March 16 (Reuters): The Japanese yen is one of the world's pre-eminent safe haven currencies - typically expected to strengthen in times of market turmoil. So why has it performed so poorly in the face of the US and Israel's war with Iran?Japan's huge trade surplus and enormous net...
Read more