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Factors behind multinational cos' poor show on bourses in 2024

Multinational companies (MNCs) failed to perform well in the secondary market last year because of macroeconomic worries and liquidity shortage.Despite being fundamentally strong, a majority of these companies witnessed price erosion throughout the year, except for a few sessions immediately after the political changeover on August 5. Ten out of...

China's central bank warns mutual funds against feeding bond frenzy, sources say

SHANGHAI, Jan 4 (Reuters): China's central bank summoned some fund managers on Friday to warn them against chasing a fervid bond rally, two sources said, amid worries that a bubble in bonds might undercut Beijing's efforts to revive growth and manage a depreciating currency.Friday's meeting is the latest in a...

The central bank has said it will work on maintaining a normal upward-sloping yield curve, where long-term rates are above short-term rates

SOUTHEAST BANK HOLDS ANNUAL AGENT BANKING CONFERENCE 2025

SOUTHEAST BANK HOLDS ANNUAL AGENT BANKING CONFERENCE 2025Southeast Bank organised its 'Annual Agent Banking Conference 2025' at the bank's head office in the capital. The bank's Chairman M.A. Kashem inaugurated the event as the chief guest. The programme was attended by all proprietors of Southeast Bank's 132 agent banking outlets...

Politicians will hinder central banks' easing plan

LONDON, Jan 4 (Reuters Breakingviews): In 2025, the global economy will be in a much better place than at any time since the outbreak of Covid-19. Growth will be solid, and inflation will finally abate. Those are ideal conditions for central banks to lower interest rates. But the virtuous circle...