Stocks return to green amid investor optimism
The equity benchmark index returned to the green this week as investors chased beaten-down shares as well as fundamentally strong stocks in the ongoing earnings season amid expectations of lower policy rates.According to analysts, expectations of a potential decline in policy rates have helped boost investor confidence, sparking renewed interest...
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UCB INVESTMENT FACILITATES BOND ISSUANCE FOR TRUST BANK
UCB Investment Limited has successfully arranged the issuance of the 'TBL 7th Subordinated Bond' valued at Tk 4,500 million for Trust Bank PLC. The fund raised through this bond will enhance Trust Bank's Tier II capital, thereby strengthening its financial foundation and enabling it to drive business growth. The financial...
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Foreign investors add $274b to emerging market portfolios
NEW YORK, Jan 24 (Reuters): Foreign investors added $273.5 billion to their emerging market equity and debt portfolios last year, nearly $100 billion more than in 2023, according to a bank trade group's preliminary data published on Friday.The $273.5 billion of inflows for 2024 topped the $177.4 billion in 2023...
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Asia-Pacific markets track Wall Street gains
Asia-Pacific markets climbed Friday, after the S&P 500 hit record highs overnight as US President Donald Trump called for lower interest rates and cheaper oil prices, reports CNBC.The Bank of Japan raised policy rate by 25 basis points to 0.5 per cent -- the highest since 2008 and in line...
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Venture Global lowers IPO valuation
Venture Global LNG has sharply lowered its IPO valuation to $60.5 billion before its debut on public markets on Friday, but still set to be one of the largest US-listed energy companies, reports Reuters.The LNG exporter cut its valuation by 40 per cent from $110 billion after investors and analysts...
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