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

Foreign investors keep pulling out as uncertainty weighs on market

Foreign investors have continued withdrawing funds from Bangladesh's equity market over the past nine months through February this year amid persistent geopolitical tensions and macroeconomic uncertainties.Political stability following the Bangladesh Nationalist Party's landslide victory in the February polls has failed to attract foreign investment, as intensifying conflict in the Middle...

BSEC approves bond issuance by Akij Food & Beverage

The securities regulator has approved a proposal from non-listed Akij Food & Beverage Ltd to raise Tk 5 billion by issuing zero-coupon bonds, a move that reflects the growing reliance of large corporations on alternative financing instruments.According to the regulatory approval, the bond will be unsecured, non-convertible, and fully redeemable....

Most Gulf markets ease on fears of broader Iran conflict

Most Gulf stock markets slipped in early Sunday trading as fears of a broader Iran-linked conflict weighed on investor sentiment after Yemen's Houthis launched their first attacks on Israel since the conflict began and the US deployed additional forces to the Middle East, reports Reuters.The Washington Post reported on Saturday...

NCC Bank launches fully digital, eco-friendly “NCC NeoX” savings account

In line with its slogan “Go Digital, Go Green,” NCC Bank has introduced a fully digital and environmentally friendly savings account named NCC NeoX, aiming to promote sustainable banking while offering modern, convenient services.The NCC NeoX account allows customers to open accounts entirely online, complete e-KYC verification, and receive a...

Undeterred by war, South Korean day traders double down on world-beating KOSPI

SEOUL, March 29 (Reuters): Twenty-four-year-old Kim Min-sung's gruelling schedule begins with intensive classes at Seoul's Korea Foreign Language University followed by late nights at the library as he prepares for the notoriously competitive national diplomatic exam, a traditional path to a lucrative, secure foreign-service career.Even so, Kim squeezes in as...

Shippers' Council and Ocean Centres focus on collaboration for sustainable blue economy

The Shippers' Council of Bangladesh (SCB) held a meeting with representatives of the Ocean Centres initiative recently to discuss collaboration for advancing maritime safety and sustainable ocean economy development in Bangladesh.Shippers' Council Chairman Md Rezaul Karim presided over the meeting attended by SCB Senior Vice Chairman Syed Md Bakhtiar, Vice...

JANATA BANK HOLDS ALCO MEETING -

A meeting of the Asset-Liability Management Committee (ALCO) of Janata Bank PLC was held at the bank's head office on Sunday, with Deputy Managing Director Md. Fayaz Alam in the chair. General managers and deputy general managers concerned attended the meeting. Fayaz Alam set strategic directions in light of the...

US jobs data to give economic view for war-gripped markets

NEW YORK, March 29 (Reuters): Next week's US employment report headlines a fresh batch of economic data for stock investors, who also will closely follow developments in an Iran war that is entering its second month.Markets will continue to fixate on the fallout for energy prices from the Middle East...

Chinese bank stocks rise

SHANGHAI/HONG KONG, March 29 (Reuters): Chinese bank stocks climbed in Hong Kong on Friday after Reuters reported that regulators are considering easing shareholder restrictions to broaden options for lenders seeking to raise capital.The National Financial Regulatory Administration may allow some bank shareholders to become major investors - defined as owning...