Category: Economy

Bangladesh Bank Scraps Fourteen Day Repo Facility 1 Bangladesh Bank Scraps Fourteen-Day Repo Facility

Bangladesh Bank Scraps Fourteen-Day Repo Facility

Bangladesh Bank has announced a significant tightening of liquidity management measures within the banking sector, confirming that the fourteen-day repurchase agreement facility will be phased out from 3 May. Under the revised framework, commercial banks will have access only to the seven-day repo facility for short-term liquidity support. Overnight repo operations, however, will remain available […]
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Citi Makes Landmark Investment in Japans Sakana AI Citi Makes Landmark Investment in Japan’s Sakana AI

Citi Makes Landmark Investment in Japan’s Sakana AI

In a move that signals the intensifying global race for sovereign AI capabilities, Citigroup (Citi) has announced a strategic investment in Sakana AI, a Tokyo-based research and development firm. This transaction, executed through Citi’s Markets Strategic Investment unit, represents the banking giant’s first-ever venture capital investment in Japan, highlighting the archipelago’s growing importance as a […]
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Victoria Wildfires Cause Estimated A786 Million Loss Victoria Wildfires Cause Estimated A$786 Million Loss

Victoria Wildfires Cause Estimated A$786 Million Loss

Zurich-based natural catastrophe insurance data provider PERILS has reported that the bushfires which swept through Victoria, Australia, from 7 to 13 January 2026 are expected to cause losses of approximately A$786 million (US$559 million). This preliminary estimate is derived from data submitted by affected insurers and covers property and motor hull insurance lines, in accordance […]
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Bangladeshi Taka Exhibits Minor Fluctuations Against Major Currencies Bangladeshi Taka Exhibits Minor Fluctuations Against Major Currencies

Bangladeshi Taka Exhibits Minor Fluctuations Against Major Currencies

27 February 2026, Dhaka – The Bangladeshi Taka has experienced modest fluctuations against several major foreign currencies today, influenced by both domestic economic policies and global market trends. According to the latest data released by the Bangladesh Bank, the Taka remained broadly stable against most currencies, though slight variations were observed in certain cases. Economic […]
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news thumbnail 1772189787970 Escalating Unrest at Bangladesh Bank Raises Concerns

Escalating Unrest at Bangladesh Bank Raises Concerns

Long-standing internal unrest at Bangladesh Bank has intensified, with recent events marking a sharp escalation. Employees have repeatedly staged protests and created disorder within the central bank, but the latest incident drew widespread attention after Ahsan Ullah, an adviser to the governor, was publicly forced out of the premises. While internal disputes are not new […]
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news thumbnail 1772169985439 Central Bank Transition Raises Questions

Central Bank Transition Raises Questions

The sudden leadership change at Bangladesh Bank has stirred fresh debate within Bangladesh’s financial sector and policymaking community. The government has revoked the appointment of former Governor Ahsan H. Mansur and installed Md Mostakurr Rahman as the new governor for a four-year term. Although governments commonly reorganise key offices to align with policy priorities, the […]
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Landlords Turn to Insurance Ahead of Renters Rights Act Landlords Turn to Insurance Ahead of Renters Rights Act

Landlords Turn to Insurance Ahead of Renters Rights Act

As the implementation date of the Renters Rights Act in the United Kingdom approaches this May, new anxieties are emerging across the housing market. Concerns over potential legal complexities, delayed rent collection, and changes to eviction procedures have prompted many landlords to seek rental-related insurance as a precautionary measure. Property technology firm Goodlord reports a […]
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SBI Life Shares Show Steady Uptick on Dividend Announcement SBI Life Shares Show Steady Uptick on Dividend Announcement

SBI Life Shares Show Steady Uptick on Dividend Announcement

Shares of SBI Life Insurance Company exhibited a measured upward trend in today’s trading session, reflecting investor optimism following the firm’s recent declaration of an interim dividend of ₹2.7 per share. While the movement was modest rather than dramatic, the gradual upward trajectory signals confidence in the company’s stability and performance. Initial Market Response Following […]
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