Asian markets mostly fell and the euro came back under pressure on Friday after the European Central Bank dashed traders’ hopes for strong policy actions to support troubled eurozone economies. Downbeat earnings reports from two of Japan’s biggest electronics firms also weighed on the Nikkei, wit...

Standard Chartered Bank Bangladesh on Thursday announced Islamic Banking offerings for its Wholesale Banking clients under Saadiq Branding. This will further strengthen its Wholesale Banking client value propositions, says a press release. This latest strategy is underpinned by the market demand ...

The 59th Foundation Training Course for Management Trainees of Prime Bank Limited (PBL) concluded recently.

MOSCOW: The International Monetary Fund urged Russia yesterday to adopt a leaner budget and raise interest rates to cool brisk demand and keep inflation from undermining one of Europe’s top economic performers.

WASHINGTON: The International Monetary Fund on Thursday called for a “policy game changer” in the euro zone to arrest the spread of the debt crisis it now says is clearly engulfing the entire currency bloc and its smaller neighbours.

The Bangladesh Bank has taken a special move to increase the inflow of remittance along with boosting sales of three bonds and holding investment fair in a bid to build up foreign exchange reserve.

Merchant banks yesterday urged the National Board of Revenue (NBR) to incorporate interest waiver and margin loan impairment costs into expenses for small investors.

Can Super Mario save the euro? Mario Draghi said last Thursday that the European Central Bank's job is to stop sovereign bond yields rising if these increases are caused by fears of a euro break-up. While this represents a sea-change in the ECB president's thinking, it risks sowing dissension wit...

A Bangladeshi Islamic bank went to court to take three Jeddah-based terror-link suspected entities off its shareholders' list in an attempt to avoid international business restrictions.

HSBC has earned a profit before tax of $12.7 billion, an increase of $1.3 billion, or 11 percent from that in the first half of 2011.