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

DSE climbs to 3-month high on reform hopes

The benchmark index of the Dhaka Stock Exchange (DSE) climbed to a three-month high on Monday as investors returned from the Eid holidays with renewed optimism, betting on undervalued blue-chip stocks.The equity market was upbeat against the backdrop of a series of policy measures aimed at reviving economic activity and...

SK Trims posts first-ever loss, offers no explanation

SK Trims & Industries, a scam-hit company allegedly tied to the ill-gotten money of former revenue official Md Matiur Rahman, posted a loss of Tk 282 million in FY25 - the first since its listing.The company's earnings disclosure on Monday on the Dhaka Stock Exchange, however, did not explain the...

BRAC BANK SIGNS REFINANCING AGREEMENTS WITH BB TO EXPAND MSME FINANCING

BRAC Bank has signed two agreements with Bangladesh Bank (BB) to improve to affordable financing for cottage, micro, small, and medium enterprises (CMSMEs). The agreements include Tk 30 billion Cluster Finance Refinance Scheme and the Tk 15 billion Financial Sector Fund for the development of MSMEs. Tareq Refat Ullah Khan,...

DHAKA BANK INKS PAYROLL BANKING DEAL WITH NEW ASIA GROUP

Dhaka Bank has entered into a payroll banking agreement with New Asia Group (Malek Spinning Mills, Salek Textile & Denim Asia). The signing ceremony took place at New Asia Group head office in the capital. The agreement was formally exchanged by H. M. Mostafizur Rahaman, SEVP & head, retail business...

AI debt sales reshape global corporate bond markets

LONDON, June 1 (Reuters): From Europe to Japan and Switzerland, huge bond issues by Big Tech companies are proving that smaller markets, often overshadowed by the US, can punch above their weight in the $40 trillion world of corporate debt.Google-parent Alphabet is already one of the biggest outstanding borrowers in...

Asian equities ahead as uncertainty surrounds US-Iran talks

HONG KONG, June 1 (AFP): Asian equities firmed Monday as a surge in artificial intelligence-linked stocks helped offset uncertainty over US-Iran talks.Gains in tech-heavy markets drove investor optimism, despite uncertainty driven by US-Iran negotiations to end the war that has roiled global energy markets since February.Iran's chief negotiator warned Sunday...

Euro zone bond yields rise amid caution over potential US-Iran deal

Euro area government bond yields rose on Monday as investors stayed wary of a potential US-Iran deal to reopen the Strait of Hormuz, a development that could ease inflation pressures and reduce expectations for European Central Bank tightening, reports Reuters.Borrowing costs tracked moves in oil prices - which were up...

Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives

SEOUL, June 1 (Reuters): Shares in Samsung Electronics, LG Electronics and other South Korean tech firms rallied on Monday, as expected meetings between Nvidia CEO Jensen Huang and Korean executives boosted hopes of tie-ups in AI and robotics.Chipmaker Samsung Electronics was also buoyed by data that South Korea's semiconductor exports...

Crypto exchange Binance rolls out trading in US stocks, ETFs

Crypto exchange Binance said on Monday it has launched stock and exchange-traded fund trading for customers on its platform, expanding beyond digital assets into traditional financial markets, reports Reuters.Here are some details of the announcement:Binance said users will have access to more than 7,000 US stocks and exchange-traded funds on...