Stocks extend losses for fifth week as economic uncertainty lingers
The stock market continues its downward trend for the fifth week in a row, driven largely by escalating geopolitical tensions in the subcontinent, which weighed heavily on investor confidence.On Wednesday -- the day India launched airstrikes on Pakistan, the benchmark equity index tanked 149 points or 3 per cent to...
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Global equity fund inflows ease to a four-week low
Global equity funds attracted the smallest weekly inflows in four weeks in the week through May 7, amid concerns about the impact of tariffs on the global economy and as investors awaited anticipated US-China trade talks for more clues, reports Reuters.According to LSEG Lipper data, investors bought just $856 million...
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Asia-Pacific stocks mixed as investors assess China data
Asia-Pacific markets were mixed on Friday as investors parsed China's exports-imports data for April, with focus also on impending trade talks between Beijing and Washington.China's exports surged as shipments to Southeast Asian countries soared, offsetting a sharp drop in outbound goods to the US as prohibitive tariffs kicked in.Exports climbed...
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EBL AND BERGER PAINTS PARTNER TO OFFER EXCLUSIVE BENEFITS
Eastern Bank Limited (EBL) and Berger Paints Bangladesh Ltd. have signed a Memorandum of Understanding (MoU) granting EBL cardholders exclusive preferential rates & benefits on Berger's painting and interior design services. This initiative aims to make quality home beautification more accessible for EBL customers. The signing ceremony took place at...
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India's top bourse seeks govt intervention in IPO standoff with regulator
NEW DELHI/MUMBAI, May 9 (Reuters) India's National Stock Exchange is asking the finance ministry to intervene in a years-long standoff with the markets regulator over its planned IPO, three sources with direct knowledge of the matter said, but the exchange has denied it's seeking government intervention.NSE, the world's largest derivatives...
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