Stocks snap two-week losing streak
Stocks rebounded last week that ended Thursday, snapping a two-week losing streak, as investors showed their buying appetite on large-cap stocks amid ongoing quarterly earning declarations. Brokers said positive earning disclosures of some listed companies and investors' tension over the upcoming monetary policy statement (MPS) eased somewhat. It helped the...
Read more
World equities set for 10th straight week of gains
LONDON, Jan 26 (Reuters): World stocks were set for their 10th straight week of gains on Friday, while the euro jumped more than half a per cent as comments by U.S. officials this week advocating their support for a weak dollar reverberated through currency markets.The MSCI world equity index, which...
Read more
Vietnam raises $184m by selling 20pc of PVOil in initial public offering
The Vietnamese government has raised VND4.18 trillion ($184 million) by selling a 20 per cent stake in PVOIL via an initial public offering (IPO) on the Ho Chi Minh City Stock Exchange on Thursday, reports dealstreetasia.com.The proceeds exceeded the government's target of raising at least $122 million from the IPO....
Read more
Rupali Bank greets AMA Muhith on his birthday
Ataur Rahman Prodhan, managing director (MD) & chief executive officer (CEO) of Rupali Bank Limited greeting finance minister AMA Muhith on his birthday in the city Thursday.
Read more
1st Managers' Conference-2018 of Pubali Bank
The 1st Managers' Conference-2018 of Dhaka South of Pubali Bank Limited was held at bank's head office recently. Md. Abdul Halim Chowdhury, Managing Director & CEO graced the conference as the chief guest. Safiul Alam Khan Chowdhury, Additional Managing Director was present as Guest of Honour.
Read more
UCB distributs blankets
United Commercial Bank Limited (UCB) distributed blankets for cold-hit poor and distressed people at Panchagarh recently. Additional Managing Director of UCB Mohammed Shawkat Jamil distributed the blankets at Boda, Atoary and Tetulia areas of Panchagarh. Among others, Javed Iqbal, EVP and Head of Brand, Marketing & Corporate Affairs Division of...
Read more