Stocks plunge amid confidence crisis
The benchmark equity index plummeted this week, wiping out all the gains from the previous week, amid lacklustre market trading during Ramadan.Market analysts said cautious investors opted to stay on the sidelines amid sluggish market momentum.The recent chaotic situation at the Bangladesh Securities and Exchange Commission (BSEC), centring around the...
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Case filed against 16 officials for confining BSEC chairman, commissioners
A case has been filed against 16 officials of the Bangladesh Securities and Exchange Commission (BSEC) for allegedly confining the BSEC Chairman and three commissioners at the commission's office for nearly four hours on Wednesday.Ashiqur Rahman, a security personnel assigned to BSEC Chairman Khandkar Rashed Maqsood, filed the case with...
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Inflows into global money market funds jump as US tariffs fuel economic fears
Global money market funds witnessed a surge in inflows in the week through March 5 as investors sought safety following the United States' move to escalate its trade war by slapping steep tariffs on imports from Canada, Mexico and China, fueling concerns about the potential impact on the global economy,...
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BRAC BANK OPENS SUB-BRANCH AT HATIRPOOL IN DHAKA
BRAC Bank has recently opened a new sub-branch at Hatirpool in Dhaka. Managing Director & CEO of the bank Selim R. F. Hussain along with other officials formally inaugurated the sub-branch. This sub-branch will offer a range of modern banking services that will provide convenience to individual and business customers.
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