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

Meghna Petroleum's Q2 profit down as demand for furnace oil drops

Meghna Petroleum Limited (MPL) saw a marginal decline of 5.25 per cent in profit to Tk 1.55 billion in the second quarter of FY26 as furnace oil sales dropped.In the October-December quarter of FY26, earnings per share fell to Tk 14.30 from Tk 15.09 in the same period of the...

Annual Business Conference of Eastland Insurance held

The annual business conference-2026 of Eastland Insurance was held on January 24 at the Officers' Club, Baily Road, Dhaka, according to a press release.Mahbubur Rahman, chairman of the company, inaugurated the event. Mohammed Salim, chief executive officer of the company, presented the yearly performance report of the company. The company...

Runner slips back into losses in Q2 amid freight delivery disruptions

Runner Automobiles endured a loss of Tk 14 million in the second quarter through December of FY26, due mainly to lower sales in the three-wheeler segment amid temporary supply chain disruption.The country's pioneering motorcycle manufacturer had earned a consolidated profit of Tk 40 million in the October-December quarter of the...

Berger Paints' Q3 profit rises 26pc on higher sales

Berger Paints has secured a 26 per cent year-on-year growth in profit to Tk 1.18 billion in the third quarter through December last year, driven by higher sales amid a reduction in foreign exchange losses.Berger, which follows the April-March financial year, posted a 5 per cent growth in sales to...

SpaceX weighs June 2026 IPO at $1.5 trillion valuation

Elon Musk's SpaceX is weighing a mid-June initial public offering, aiming to raise as much as $50 billion at a valuation of roughly $1.5 trillion, the Financial Times said on Wednesday, citing people familiar with the matter, reports Reuters.Reuters could not immediately verify the report. SpaceX did not respond to...

MTB FOUNDATION CELEBRATES EDUCATION DAY WITH BICYCLE DISTRIBUTION

MTB Foundation marked International Day of Education 2026 by distributing bicycles to female students of Mathbaria, Barishal. Under its 'SwapnoSarathi' (The Dream Chariot) programme, underprivileged meritorious students of different schools were gifted the bicycles -- celebrating this year's theme for the day 'The Power of Youth in Co-Creating Education'. The...

RUPALI BANK OPENS DHAKA SOUTH-WEST ZONAL OFFICE

Rupali Bank PLC has opened its 38th Dhaka South-West Zonal Office. Managing Director of the bank Kazi Mohammad Wahidul Islam inaugurated the Zonal Office located on Shaheed Abrar Fahad Avenue in the capital on Wednesday. Deputy Managing Director Tahmina Akhtar was present as a special guest while Tanveer Hasnain Moin,...

Janata Bank holds 874th board meeting

Janata Bank PLC held its 874th board meeting on Wednesday, with Chairman of the Board of Directors M Fazlur Rahman in the chair. The bank's directors Badre Munir Firdaus, Dr. Md. Abdus Sabur, Abdul Majid Sheikh, Abdul Awal Sarker, Md. Shahadat Hossain, Md. Ahsan Kabir, Md. Obaidul Hoque, Prof Dr....

ISLAMI BANK HOLDS SHARI'AH SUPERVISORY COMMITTEE MEETING-

A meeting of the Shari'ah Supervisory Committee of Islami Bank Bangladesh PLC was held on Tuesday at Islami Bank Tower. Mufti Shamsuddin Zia, Chairman of the Committee, presided over the meeting. Members of the committee Dr. Nakib Muhammad Nasrullah, Dr. Md Shamsul Alam, Dr. Zubair Mohammad Ehsanul Hoque and Dr....

German financial regulator warns of risk of markets questioning dollar's role

FRANKFURT, Jan 28 (Reuters): Germany's financial regulator BaFin said on Wednesday there was a risk that markets could question the role of the US dollar - currently hovering near a four-year low - as the global reserve currency.The warning comes a day after US President Donald Trump said the value...

Battered dollar steadies, world stocks near record highs as Fed rate decision looms

LONDON, Jan 28 (Reuters): The dollar found its footing on Wednesday, having sold off sharply after US President Donald Trump seemed to shrug off its recent weakness, while upbeat earnings kept world stocks near record highs before a Federal Reserve rate decision.The US currency nudged off four-year lows but sentiment...

Most Gulf bourses gain on earnings, oil

Most Gulf stock markets closed higher on Wednesday as investors focused on corporate earnings and firmer oil prices, while the Egyptian stock exchange snapped a nine-day winning streak, reports Reuters.Saudi Arabia's benchmark index gained 0.7 per cent, with oil major Saudi Aramco up 1.5 per cent, while Alinma Bank advanced...

Indian shares rise on EU deal; defence, infra stocks gain

BENGALURU, Jan 28 (Reuters): India's equity benchmarks rose on Wednesday, extending gains from the previous day's landmark trade deal with the European Union, while capital expenditure-linked stocks jumped ahead of the federal budget.The Nifty 50 rose 0.66 per cent to 25,342.75, while the BSE Sensex added 0.6 per cent to...