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The Financial Express

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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...

SE Asian stocks rally

-- October 12, 2017 12:39:40

Southeast Asian stock markets gained on Thursday, tracking a rally in global equities, with Singapore leading the gains and Thailand hitting a 24-year peak yet again. Asian stocks rose to a decade-hi...

US stocks end higher after Fed minutes

-- October 12, 2017 12:31:50

US stocks rose on Wednesday as the minutes from the Federal Reserve’s September policy meeting merely confirmed expectations that interest rates would rise. Currency investors pushed the dollar...

Envoy Textiles recommends 12pc div

FE Online Report October 12, 2017 12:23:04

The board of directors of Envoy Textiles Limited has recommended 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The fi...

Stocks slide in cautious trading

FE Online Report October 12, 2017 12:17:04

Stocks witnessed downward trend in early trading on Thursday as cautious investors continued on selling mood on sector-wise issues. Following the previous day’s decline, the Dhaka Stock Exchang...

Asia stocks hit decade-high

Reuters October 12, 2017 10:18:52

Asian stocks were near a decade high on Thursday, riding the bull run in global equity markets, while the dollar sagged after the Federal Reserve showed a guarded view towards inflation. MSCI’s...

Nikkei share ends at 21-year high

-- October 11, 2017 15:42:24

Japan’s Nikkei share index closed at its highest in 21 years on Wednesday, with gains mainly led by defensive shares, though exporters benefitted from solid global growth. Japan’s second...

Hong Kong stocks end lower

-- October 11, 2017 15:31:55

Hong Kong stocks fell on Wednesday, pressured by a sharp reversal in property shares after the city’s chief executive unveiled a mix of housing and tax relief policies that disappointed some inv...

China stocks end higher

-- October 11, 2017 15:06:59

China stocks firmed on Wednesday, helped by a jump in defensive consumer staples such as big liquor producers, while resources shares curbed gains. Sentiment remained largely positive although trade...

JMI Syringes recommends 30pc div

FE Online Report October 11, 2017 14:07:59

The board of directors of JMI Syringes & Medical Devices Limited has recommended 30 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The fin...

Stylecraft recommends 90pc div

FE Online Report October 11, 2017 13:55:37

The board of directors of Stylecraft Limited has recommended 10 per cent cash and 80 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final a...

Shepherd Industries recommends 10pc stock div

FE Online Report October 11, 2017 13:46:10

The board of directors of Shepherd Industries Limited has recommended 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final approval of d...

SDL recommends 18.50pc dividend

FE Online Report October 11, 2017 13:35:46

The board of directors of Shasha Denims Limited (SDL) has recommended 12.50 per cent cash and 6.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday....

Banking shares lift markets

FE Online Report October 11, 2017 11:53:10

The prices of most of the shares on both bourses witnessed upward trend in early trading on Wednesday as optimistic investors went on buying binge on large-cap issues amid earnings expectation. Follo...

Asian stocks advance as Catalan fears ease

-- October 11, 2017 10:57:18

Asian stocks advanced Wednesday after Wall Street’s main index closed at a fresh record high and Spain’s Catalonia crisis eased. Japan’s Nikkei 225 index rose further a day after it...

ACME Laboratories recommends 35pc cash div

FE Online Report October 10, 2017 12:27:44

The board of directors of ACME Laboratories Limited has recommended 35 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final approval of divide...

Stocks plunge as panic selling continues

FE Online Report October 10, 2017 11:55:56

Stocks witnessed downward trend in early trading on Tuesday as market reacted negatively to the central bank’s action against the overexposed banks. The capital market has become mostly depende...

Asian shares shrug off Wall St. weakness

Reuters October 10, 2017 10:40:51

Asian shares rose on Tuesday, shrugging off modest losses on Wall Street, while expectations of another US interest rate increase this year continued to underpin the dollar. MSCI’s broadest ind...

Sponsor-directors go for more bank shares ahead of change in law

Mohammad Mufazzal October 10, 2017 10:03:29

The country's capital market has become mostly dependent on the banking sector in recent times mainly due to increased participation in transactions of banks' shares by the sponsor-directors, accordin...

Stocks plunge as panic seizes investors

FE Online Report October 09, 2017 16:30:00

Stocks suffered a sharp fall on Monday as investors went on panic sale after Bangladesh Bank (BB) fined seven banks for violating securities rules on share investment. Brokers said the investors went...

China shares at 21-month high

Reuters October 09, 2017 14:35:16

Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty cause...

Asian markets mostly advance

-- October 09, 2017 13:03:42

Most Asian markets rose Monday following a strong week on Wall Street as Chinese trading resumed after a holiday. The Shanghai Composite Index rose 1.1 per cent to 3,383.73 points and Sydney’s...

Simtex Industries recommends 12pc div

FE Online Report October 09, 2017 12:39:19

The board of directors of Simtex Industries Limited has recommended 2.0 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Monday. The fi...

PCL recommends 5pc cash div

FE Online Report October 09, 2017 12:16:11

The board of directors of The Peninsula Chittagong Limited has recommended 5.0 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Sunday. The final approval of...

Govt earnings from DSE soar 174 per cent in Q1

Babul Barman October 09, 2017 10:29:58

The government revenue earnings from the Dhaka bourse marked a 174 per cent rise in first quarter (Q1) for July-September period of the current fiscal year compared to the same quarter a year ago as t...

Stock markets: BB fines seven errant banks

Siddique Islam October 09, 2017 10:04:55

The central bank fined seven commercial banks for their recent share-market activities by violating the legal sanction, officials said. "We've imposed the fines with substantial amount of money on th...