Stocks tumble amid growing political concerns
Stocks took a sharp downturn this week, reversing the gains made in the previous week, as jittery investors, unsettled by growing political unrest, rushed to dump their holdings across major sectors.Analysts pointed to the escalating political concerns, particularly after the Election Commission announced the schedule for the 2026 national elections,...
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Seven more market intermediaries get extra time to adjust negative equity
The Bangladesh Securities and Exchange Commission (BSEC) has given additional time to seven more market intermediaries to ensure compliance with provisioning requirements for unrealised losses and adjustments to negative equity. The extension will take effect after December 31, when the current deadline for compliance expires.Under the new arrangement, some institutions...
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Asian markets rise as US inflation eases
HONG KONG, Dec 19 (AFP): Asian markets rose Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while blockbuster earnings from chip firm Micron helped soothe nerves over a tech bubble.The yen fluctuated against the dollar after the Bank of Japan hiked...
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Japan bond yields jump after BOJ hikes rates
LONDON/SYDNEY, Dec 19 (Reuters): Japanese government bond yields jumped and the yen weakened on Friday after the Bank of Japan raised interest rates to a three-decade high and left the door wide open to further tightening.Global stocks were muted with Europe's STOXX 600 edging 0.1% lower and failing to match...
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