Stocks extend gain as Mideast tensions cool
The equity benchmark index of the Dhaka Stock Exchange (DSE) surpassed the 4,800 mark this week for the first time in one and a half months, as optimistic investors continued their buying spree in lucrative stocks amid easing local and geopolitical tensions.Market operators said buyers remained dominant due to positive...
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Olympic Industries to buy more land worth Tk 212m for expansion
Olympic Industries is set to purchase an additional 702 decimals of land adjacent to its factories in the Kanchpur and Gazipur areas, at a cost of Tk 212 million, to facilitate its future expansion plans.The company's board of directors approved the decision at a meeting held on Thursday, according to...
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UAE fund buys $100m of Trump's World Liberty tokens
LONDON, June 27 (Reuters): A United Arab Emirates-based fund has bought $100 million worth of digital tokens issued by World Liberty Financial, the crypto venture of US President Donald Trump's family, becoming its largest publicly known investor.Aqua 1 Foundation said in a statement on Thursday its purchase of the tokens,...
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China fashion retailer Shein to file confidentially for Hong Kong IPO
China-founded fast-fashion retailer Shein plans to file a draft prospectus confidentially for its Hong Kong listing, marking a rare departure from the usual practice of companies making public filings of IPO documents, three sources with knowledge of the matter said.Shein aims to submit the filing confidentially as soon as this...
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