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

Stocks lose more ground amid sour sentiment

Stocks witnessed yet another downbeat week, with the benchmark index plunging deeper into the red as investors, reeling from market turbulence, raced to sell off their holdings to avoid further erosion of their portfolios. The growing economic worries, dismal earnings disclosures of most listed firms coupled with rumors of liquidity...

Islami Commercial Ins IPO opens tomorrow

The initial public offering (IPO) of Islami Commercial Insurance Company will open for subscription tomorrow (Sunday), aiming to raise over Tk 202.61 million from the capital market under fixed-price method.The subscription will continue until November 24, officials said. The minimum and maximum amount allowed for subscription by the general public...

Global equity funds attract inflows as US inflation concerns ease

Global investors turned net buyers of equity funds in the week to November 16, encouraged by fresh economic data that revealed price pressures are cooling in the United States, reports Reuters.That optimism lifted hopes that US Federal Reserve would slow the pace of its interest rate hikes, and prompted investors...

FSIBL organised a daylong workshop -

First Security Islami Bank Limited (FSIBL) organised a daylong workshop on 'Anti-Money Laundering & Combating Financing of Terrorism' with the participation of all Branch Anti-Money Laundering Compliance Officers (BAMLCOs) of the bank. Md Masud Biswas, Head of Bangladesh Financial Intelligence Unit (BFIU), inaugurated the workshop as the chief guest while...

Asia-Pacific stocks trade mixed

Shares in the Asia-Pacific traded mixed as Japan's core consumer price index for October rose 3.6 per cent compared to a year ago, higher than expected and at the fastest pace in 40 years. The nation last saw the same level in February 1982, Refinitiv data showed.The Nikkei 225 fell...

Blackstone's India REIT portfolio files for IPO

Nexus Malls, Blackstone Inc-owned India malls real estate investment trust (REIT) portfolio, filed draft papers for an initial public offering with the domestic market regulator, a stock market filing showed on Thursday.The IPO will include a fresh issue of shares worth up to 16 billion Indian rupees ($195.94 million), the...