Why BB's cash dividend requirement may not yield expected outcome

Investors are feared to withdraw investments from listed banks following Bangladesh Bank's restriction on the distribution of cash dividends, according to market operators.Through a directive issued on May 24, the central bank imposed a condition that no bank with a paid-up capital of less than Tk 20 billion will be...

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Iran war impact could 'doubly scar' euro zone consumers, ECB research finds

FRANKFURT, May 31 (Reuters): Euro zone consumers, already scarred by the Ukraine war, have changed their attitudes more quickly as a result of the upheaval of the Iran war, European Central Bank research showed on Friday, meaning the economic hit could be deeper and faster.Russia's invasion of Ukraine in February...

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From lottery draws to fiscal spending, China broadens digital yuan footprint

China's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different - and potentially competing - path from the United States in shaping the future of money, reports Reuters.In a series of measures,...

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