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Archives - 22

Dhaka, Saturday


01 February 2025


Microsoft cloud unit miss dulls bright earnings

Microsoft cloud unit miss dulls bright earnings

Microsoft shares slipped Tuesday after the tech giant reported quarterly profit climbed but its crucial cloud cmputing unit missed expectations

01:06 1 August 2024

Samsung Electronics Q2 shows fastest growth in over a decade

Samsung Electronics Q2 shows fastest growth in over a decade

Samsung Electronics said Wednesday it registered its fastest growth since 2010, with operating profits soaring for the second quarter, as chip prices bounce back and demand for generative AI continues to grow

01:00 1 August 2024

China factory activity shrinks for third straight month

China factory activity shrinks for third straight month

Factory activity in China shrank for a third straight month in July, official data showed Wednesday, a day after Beijing pledged more state support to boost activity in the country`s stuttering economy

00:56 1 August 2024

Bank of Japan raises key interest rate for second time in 17 years

Bank of Japan raises key interest rate for second time in 17 years

The Bank of Japan lifted its main interest rate Wednesday for just the second time in 17 years in another step away from its long-standing ultra-loose monetary policies

00:52 1 August 2024

US private jobs growth miss expectations in July: ADP

US private jobs growth miss expectations in July: ADP

Hiring in the US private sector decelerated unexpectedly in July, said payroll firm ADP on Wednesday, while pay gains slowed further

00:47 1 August 2024

Anarchists tried to create Sri Lanka type mayhem: PM

Anarchists tried to create Sri Lanka type mayhem: PM

Prime Minister Sheikh Hasina on Wednesday said the anarchists had tried to create Sri Lanka type mayhem in the country during the recent quota reform movement and they planned to topple the government

00:42 1 August 2024

HSBC records $21.6 billion pre-tax profit in first half 2024

HSBC records $21.6 billion pre-tax profit in first half 2024

Banking giant HSBC said Wednesday that pre-tax profits in the first half of 2024 came in at $21.6 billion, slightly lower than last year`s record performance

00:38 1 August 2024

LTU fetches record Tk 73,660cr revenue in FY24

LTU fetches record Tk 73,660cr revenue in FY24

The Large Taxpayers Unit (LTU) under the National Board of Revenue (NBR) fetched a record Tk 73,660 crore revenue from VAT in the last fiscal year (FY24) posting a growth of 26 percent in revenue collection

00:34 1 August 2024

Stocks on DSE up, down on CSE

Stocks on DSE up, down on CSE

The country`s premier bourse, Dhaka Stock Exchange (DSE), on Wednesday witnessed an upward trend as investors continued their buying spree on large-cap issues amid optimism

00:27 1 August 2024

Govt to procure 1 lakh tonnes fertilizer

Govt to procure 1 lakh tonnes fertilizer

The government on Wednesday approved separate proposals for procuring some 1 lakh metric tons of fertilizer, 10,000 metric tons of phosphoric acid and around 73,000 SPC poles to meet the growing demand

00:21 1 August 2024

Asian investors trade cautiously ahead of central bank decisions

Asian investors trade cautiously ahead of central bank decisions

Asian markets edged down Tuesday as investors jockey ahead of a slew of central bank decisions, key economic data and earnings from tech titans this week

01:20 31 July 2024

French economy grows more than expected in second quarter

French economy grows more than expected in second quarter

France`s economy expanded by a forecast-beating 0.3 percent in the second quarter, the national statistics institute reported on Tuesday

01:15 31 July 2024

Oil giant BP reports tumbling profits in first half

Oil giant BP reports tumbling profits in first half

BP on Tuesday announced tumbling profits for the first half, with the British oil and gas giant hit by depreciation of assets and falling revenue

01:12 31 July 2024

European stock markets diverge at open

European stock markets diverge at open

Europe`s main stock markets diverged at the start of trading Tuesday, with London down and eurozone indices higher

01:09 31 July 2024

Spanish economy beats growth forecast on strong exports

Spanish economy beats growth forecast on strong exports

The Spanish economy grew by 0.8 percent in the second quarter, more than expected, due to higher exports and strong household spending, official data showed Tuesday

01:05 31 July 2024

Eurozone economy grows more than expected in second quarter

Eurozone economy grows more than expected in second quarter

The eurozone economy grew faster than expected in the second quarter of 2024, official data showed Tuesday, confirming the single currency area`s rebound since January despite Germany`s weak performance

01:02 31 July 2024

Price fall in large-cap drives stocks down

Price fall in large-cap drives stocks down

Country`s both the bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)—on Tuesday plunged due to mainly price fall in large-cap securities

00:53 31 July 2024

Regular banking hours from Wednesday

Regular banking hours from Wednesday

All banks will run their operations as per their normal schedule -- 10am to 6pm -- from Wednesday

00:50 31 July 2024

BB re-fixes interbank transactions duration from Wednesday

BB re-fixes interbank transactions duration from Wednesday

Bangladesh Bank (BB) has re-fixed the duration of interbank transactions with effect from Wednesday

00:45 31 July 2024

REHAB signs deal with govt to groom 10,000 skilled workers

REHAB signs deal with govt to groom 10,000 skilled workers

The Real Estate and Housing Association of Bangladesh (REHAB) has signed an agreement with the Skills for Industry and Competitiveness and Innovation Programme under the Ministry of Finance to groom some 10,000 higher skilled workers afresh in the real estate sector

00:43 31 July 2024

Chinese company to invest $1.26m in Uttara EPZ

Chinese company to invest $1.26m in Uttara EPZ

Chinese company Baida Industrial Company Limited is going to invest $ 1.26 million to set up a Printed Materials and Packaging Products manufacturing industry at Uttara Export Processing Zone (UEPZ) in Nilphamari

00:37 31 July 2024

No concern over Women’s T20 World Cup in Bangladesh, says Papon

No concern over Women’s T20 World Cup in Bangladesh, says Papon

Youth and Sports Minister Nazmul Hassan Papon categorically said that the International Cricket Council (ICC) was not worried about Bangladesh as the country gears up for hosting the Women`s T20 World Cup in October this year

00:38 30 July 2024

BNP-Jamaat put claws on Bangladesh to destroy development: PM

BNP-Jamaat put claws on Bangladesh to destroy development: PM

Describing the BNP-Jamaat-Chhatra Dal-Shibir as militants, Prime Minister Sheikh Hasina on Monday said they put their claws on Bangladesh to destroy its development

00:33 30 July 2024

Finance minister to reveal fiscal audit of ’broke’ Britain

Finance minister to reveal fiscal audit of ’broke’ Britain

Finance minister Rachel Reeves will on Monday claim Britain is "broke and broken" when she reveals the findings of an assessment into the country`s public finances ahead of a forthcoming budget

00:29 30 July 2024