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UCB unveils card-less digital pay platform ‘Upay’

-- October 17, 2017 21:24:29

United Commercial Bank (UCB) Limited has launched its state-of-the-art digital banking platform ‘Upay’ for both consumers and corporate customers. According to a statement, the launching...

SIBL Hospital sign MoU with Pubali Bank

-- October 17, 2017 21:22:07

SIBL Hospital on Tuesday signed a Memorandum of Understanding (MoU) with Pubali Bank Limited. SIBL Hospital’s Managing Director Dr. Lily Amin and Pubali Bank Limited’s General Manager and...

Stocks edge up after bumpy ride

FE Online Report October 17, 2017 16:30:57

Stocks edged higher for the second day in a row on Tuesday as some optimistic investors took position on sector-wise issues amid earnings and dividend expectation. Dealers said the market extended th...

Asian shares rise ahead of China meeting

-- October 17, 2017 14:01:24

Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting. The Shanghai Composite Index was unchanged at 3,380.38 and Tokyo&rsq...

Aamra Technologies recommends 10pc dividend

FE Online Report October 17, 2017 12:33:44

The board of director of newly listed Aamra Technologies Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017.  The final approval of dividend will come during t...

Aamra Networks recommends 10pc div

FE Online Report October 17, 2017 12:31:32

The board of director of newly listed Aamra Networks Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017, according to official disclosure on Tuesday. The final appr...

Square Textile recommends 25pc div

FE Online Report October 17, 2017 12:10:16

The board of directors of Square Textile Limited has recommended 20 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The bo...

Square Pharma recommends 42.50pc div

FE Online Report October 17, 2017 11:59:13

The board of directors of Square Pharmaceuticals has recommended 35 per cent cash and 7.50 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The boa...

Stocks rally at opening

FE Online Report October 17, 2017 11:49:11

The prices of most of the shares on both bourses witnessed positive trend in early trading on Tuesday as investors are active on sector-wise issues. Following the previous day’s marginal gain,...

DSE turnover hits three-month low

FE Online Report October 16, 2017 16:04:48

Turnover at the Dhaka Stock Exchange (DSE) came down to Tk 5.03 billion on Monday, lowest in the last three months, as investors reluctant to make fresh investment in the market. Turnover, the most i...

Stocks witness volatility at opening

FE Online Report October 16, 2017 12:11:12

Stocks on both bourses witnessed volatility in early trading on Monday as investors are active both sides of trading fence. Following the previous three days’ sharp decline, the Dhaka Stock Exc...

Asian shares conquer 10-year peak, oil up on Iraq tensions

Reuters October 16, 2017 11:05:22

Asian shares advanced to a decade high on Monday, while US oil futures jumped to hover near a six-month top as escalating tensions between the Iraqi government and Kurdish forces threatened supply. I...

Municipal bond to hit capital market

Jasim Uddin Haroon October 16, 2017 09:59:40

A new securities instrument styled 'muni bond' may hit the country's capital market with a twin objective: fundraising for urban local-government bodies and stimulating economic activity. Sources sa...

S Korea's Sept Iranian crude oil imports rise to six-month high

-- October 15, 2017 23:33:42

SEOUL, Oct 15 (Reuters): South Korea's imports of Iranian crude oil hit the highest level in six months in September amid Iran's push to regain its lost market share during years it was under sanction...

Stocks fail to stay positive

FE Online Report October 15, 2017 12:55:51

Stocks on both bourses failed to stay positive at midday Sunday as risk-averse investors started to sell their holdings to avoid further losses. Following the previous week’s sharp fall, the...

DSEX adds 13.10 points

FE Online Report October 15, 2017 12:47:20

The prices of most of the shares on both the bourses witnessed upward trend in early trading on Sunday as investors took position on sector-wise issues. Following the previous week’s sharp fa...

Stocks open mostly higher

FE Online Report October 15, 2017 12:38:02

The prices of most of the shares on both bourses witnessed upward trend in early trading on Sunday as investors took position on sector-wise issues. Following the previous week’s sharp fall, th...

Stocks fail to stay positive at midday

FE Online Report October 15, 2017 12:34:03

Despite opening higher, stocks on both bourses failed to stay positive at midday on Sunday as risk-averse investors started to sell their holdings to avoid further losses. Following the previous week...

Stocks witness correction phase

Babul Barman October 14, 2017 11:34:02

Stocks suffered a major correction last week that ended Thursday as investors sold bank shares in a reaction to the Bangladesh Bank's latest punitive action against seven banks. The central bank prob...

US stocks end up after economic data

-- October 14, 2017 11:19:45

US stocks rose on Friday following upbeat economic data and gains in technology shares, pushing the Dow and the S&P 500 to a fifth straight week of gains. Data showed US retail sales jumped in Se...

Stocks witness ‘correction phase’

Babul Barman October 14, 2017 00:12:14

Stocks suffered a major correction last week that ended Thursday as investors sold bank shares in a reaction to the Bangladesh Bank's latest punitive action against seven banks. The central bank prob...

S Korean stocks end five-day streak

-- October 13, 2017 14:18:17

South Korean shares took a breather on Friday, breaking a five-day run of gains as tech giant Samsung Electronics extended losses on profit-taking. The Korea Composite Stock Price Index (KOSPI) ended...

Nikkei share hits 21-yr high

-- October 13, 2017 13:55:46

Japan’s Nikkei share average surged to a fresh 21-year high on Friday, helped by index heavyweight Fast Retailing, while selling of Kobe Steel resumed. Traders said that belief that the ruling...

New Zealand shares close higher

-- October 13, 2017 13:48:46

New Zealand shares closed up for the ninth straight day to set another record high on Friday amid signs of clearing political uncertainty. The benchmark S&P/NZX 50 index rose 0.3 per cent or 21.2...

Australian shares end four-month high

-- October 13, 2017 13:43:17

Australian shares ended at their highest in nearly four months on Friday, supported by insurer stocks after the government unveiled healthcare reforms. Australia’s benchmark S&P/ASX 200 in...

IFC to facilitate City Bank’s biz transformation

FE Online Desk October 13, 2017 13:33:02

City Bank has recently signed an advisory agreement with International Finance Corporation (IFC), a member of the World Bank Group, to facilitate transformation across its SME and Retail business func...

Asia shares touch 10-year peak

Reuters October 13, 2017 11:41:47

Asian stocks edged to a 10-year high on Friday thanks to expectations of brisk global growth, although investors held off chasing shares higher ahead of US economic data and next week’s Chinese...

DSEX dips below 6,100-mark

FE Online Report October 12, 2017 16:25:36

Stocks extended the losing streak for the second day in a row on Thursday, with key index of the major bourse dipping below 6,100-mark again, as cautious investors continued on selling binge. Dealers...

Hong Kong stocks hover

-- October 12, 2017 13:00:27

Hong Kong stocks hovered near the highest level in nearly 10 years on Thursday, as Asia stocks hit their highest in a decade on the back of global equity bull run. The stocks were bolstered by streng...

China stocks calm, defence shares jump

-- October 12, 2017 12:48:52

China stocks were calm on Thursday, with strength in defence shares offsetting a retreat in resources plays as investors await next week’s Communist Party congress. The CSI300 index rose 0.1 pe...