Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion Swiss francs ($17.5 billion) of Credit Suisse bonds, known as Additional Tier 1 or AT1 debt, to zero as part of a forced rescue merger with UBS (UBSG.S).

There is no such thing as free shipping. Even so, Amazon.com Inc (AMZN.O) and other online retailers who use so-called free delivery to cultivate customer loyalty are scrambling to keep it from draining profits as costs climb and e-commerce contracts.

Shares of Germany's largest bank Deutsche Bank plunged on Friday as investors fretted that regulators and central banks have yet to contain the worst shock to the sector since the 2008 global financial crisis.

The dollar was under pressure near seven-week lows on Thursday after the US Federal Reserve sounded close to calling time on interest rate hikes, which markets think are more or less over.

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two US banks

From tomorrow, a 22-carat gold will cost Tk 97,627 a bhori

The telecom service provider will offload 10% shares through IPO

The leaders of Bharat Chamber of Commerce say

Bonded warehouse facility to be introduced for 10 more sectors

Banking stocks tumbled on Monday as initial relief over a historic state-backed rescue of troubled lender Credit Suisse by Swiss rival UBS Group gave way to new worries about the risks of high-yield debt issued by big banks.

UBS Group (UBSG.S) emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that makes the Swiss economy more dependent on a single lender.

UBS will take over Credit Suisse, Swiss authorities said on Sunday, in a deal to combine Switzerland's top two banks designed to contain a widening crisis of confidence in global finance

The lobbying will start from next month

Banking giant UBS (UBSG.S) is in discussions to take over all or parts of Credit Suisse (CSGN.S), with the boards of Switzerland's two biggest lenders set to meet separately over the weekend, the Financial Times reported on Friday.

The planned comprehensive economic partnership agreement (Cepa) could be a game-changer for both India and Bangladesh in terms of trade, said Indian High Commissioner Pranay Verma yesterday.

Britain's economy is set to avoid a recession in 2023, finance minister Jeremy Hunt said on Wednesday as he began a budget speech that was expected to include measures to speed up economic growth.

SVB Financial Group (SIVB.O) said on Tuesday that Goldman Sachs Group Inc (GS.N) was the acquirer of a bond portfolio on which it booked a $1.8 billion loss, a transaction that set in motion the failure of SVB.

The country would be able to save $500 million a year in imports if all the cotton waste is recycled domestically

Moscow said it would not oppose prolonging the so-called Black Sea Grain Initiative aimed at easing the global food crisis

Oil prices dropped more than $2 a barrel on Tuesday, extending the previous day's slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear about a fresh financial crisis.