Iran war tears through stocks as jittery investors rush to secure assets
The equity market index tumbled on Sunday as investors were rattled by the global crisis that ensued after the US-Israel strike on Iran killed the country's Supreme Leader Ayatollah Ali Khamenei and other top security officers.According to market analysts, stocks suffered a major setback amid escalating geopolitical tensions in the...
Read more
Reliance Insurance profit dips 7.7pc in 2025, hit by Dhaka airport cargo village fire
Reliance Insurance reported a 7.68 per cent year-on-year decline in profit to Tk 885.46 million in 2025, primarily due to higher claim settlements in the fourth quarter.Its earnings per share (EPS) stood at Tk 8.42 as of December 2025, down from Tk 9.12 a year ago.The annual financial results came...
Read more
Prime Bank, Friendship launch climate resilience prog for Bhatpara, Kurigram
Prime Bank and Friendship launched a climate resilience initiative aimed at protecting Bangladesh's one of the most vulnerable chars, Bhatpara, in Austomir Char Union of Kurigram's Chilmari Upazila.Under Prime Bank's corporate social responsibility programme, the two organisations signed a memorandum of understanding (MoU) to strengthen disaster preparedness and long-term resilience...
Read more
PUBALI BANK, ACI LOGISTICS (SHWAPNO) SIGN MOU
A memorandum of understanding (MoU) has been signed between Pubali Bank and ACI Logistics (Shwapno). Through this strategic partnership, both organisations will work together on customer service enhancement, marketing innovation, CRM integration and co-branded campaign initiatives. The ceremony was attended by Mohammad Ali, managing director & chief executive officer of...
Read more
UCB OPENS ITS 233RD BRANCH IN MIRZAPUR
United Commercial Bank (UCB) has inaugurated a new branch in Mirzapur, Tangail, with the aim of providing modern, fast, and reliable banking services to local customers. Mohammad Mamdudur Rashid, managing director & CEO of the bank, inaugurated the branch. Tangail-7 (Mirzapur) MP Abul Kalam Azad Siddiqui graced the event as...
Read more
Al-Arafah Islami Bank holds training workshop_
Al-Arafah Islami Bank held a daylong training course titled "Litigation Management for Speedy Recovery of Classified Investments" at the Bank's Training Institute (AIBTI) on Saturday. Managing Director and CEO of the bank Mohd. Rafat Ullah Khan was present as the chief guest.Joint District Judge of the Financial Debt Court, Dhaka,...
Read more
One more customer wins motorcycle in Islami Bank remittance festival
Monir Sikder, a client of the Muladi branch of Islami Bank Bangladesh PLC in Barishal, has won the fifth motorcycle in the bank's Cash Remittance Festival.Customers who receive remittances through Ria Money Transfer at Islami Bank are eligible for the prizes.He received the prize against a remittance sent by Md...
Read more
RUPALI BANK HOLDS BUSINESS REVIEW MEETING:
The state-owned Rupali Bank PLC held a business review meeting for the corporate-1 branches under the Local Office and the Dhaka North and Dhaka South divisional offices at the bank's head office at Dilkusha in Dhaka on Sunday. Managing Director Kazi Md Wahidul Islam addressed the meeting as the chief...
Read more
JANATA BANK SIGNS AGREEMNET WITH AURORA SPECIALIZED HOSPITAL
Janata Bank PLC and Aurora Specialized Hospital signed a corporate agreement on medical services on Sunday. Under the agreement, officers and employees of Janata Bank and their family members, as well as the bank's cardholders, will receive special discounts on various services, including pathological tests, at Aurora Hospital. Managing Director...
Read more
AI disruption looms over markets with US jobs data on tap
NEW YORK, Mar 1 (Reuters): Prospects for artificial intelligence to disrupt business sectors should keep the US stock market on edge in the coming week, as Wall Street looks for more insight into how the emerging technology will reverberate through the economy.The monthly US jobs report headlines economic data due...
Read more
Netflix, Paramount shares jump
Netflix jumped more than 9 per cent premarket on Friday as investors cheered its decision to exit the fight for Warner Bros Discovery, while Paramount rose about 10 per cent on winning the race for some of the world's most prized TV and film assets, reports Reuters.The end of the...
Read more
Britain's FTSE 100 hits new peak on miners strength
London's FTSE 100 climbed to a fresh record high on Friday and was set for its eighth straight monthly rise, boosted by heavyweight miners as lingering tariff concerns fuelled safe-haven demand in some commodities, reports Reuters.The blue?chip FTSE 100 rose 0.5 per cent to 10,900 points as of 1022 GMT,...
Read more