Equities sink, oil rallies on fears of Iran-Israel conflict

Asian stocks fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after Israel's army chief vowed a response to Iran's unprecedented attack on his country at the weekend.The selling came after Wall Street's three main indexes tanked in response to forecast-beating US retail sales data that reinforced the view that the world's top economy remained in rude health and further dented hopes for interest rate cuts this year.Traders were also digesting a mixed bag of figures showing Chinese growth easily beat expectations in the first three months of the year but retail sales and industrial production came in well below par.All eyes are on the Middle East after Tehran fired hundreds of missiles and drones at its regional enemy, saying the attack was retaliation for an April 1 strike on the consular annex of its Damascus embassy that killed seven Revolutionary Guards including two generals.While air defence systems destroyed the vast majority o...

Price fall in large-cap drives stocks down

Country's both the bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Monday plunged due to mainly price fall in large-cap securities.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 85.32 points or 1.45 percent to 5,778.77. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 17.48 points to finish at 2,014.89 and the DSE Shariah Index (DSES) lost 16.28 points to close at 1,266.02. Turnover, a ...

Antigua & Barbuda businessmen urged to invest in Bangabandhu Industrial City

A delegation led by the Minister of Foreign Affairs, Agriculture and Trade of Antigua and Barbuda, Everly Paul Chet Greene met with the leaders of The Chittagong Chamber of Commerce and Industry (CCCI) in an exchange mee...

President urges varsities to adopt world-class curriculum

President Mohammed Shahabuddin on Tuesday urged the universities to formulate world class curriculum so that the students can establish themselves as qualified at the national and international level.The President said this when newly appointed vice-chancellor of Chittagong University Abu Taher paid a courtesy call on the President at Bangabhaban.During the meeting, the Vice-Chancellor informed the President about the academic and overall activities of Chittagong University.At that time, President Shahabuddin said that higher education is very important to be compatible with science and information technology.Expressing his hope, the president said that the authorities will take necessary initiatives to expand formal education as well as non-formal education programs in higher education in...

BNP’s Jahidur Rahman takes oath

We should produce plenty of quality players: Pilot

Khaled Mahmud Pilot, former Bangladesh national cricket team’s captain thinks that Bangladesh has to produce plenty of quality players to form three different teams for different formats. Bangladesh Post had an exclusive interview with Pilot, the former Bangladesh captain after a day of Eid-ul-Fitr in Rajshahi at his is restaurant Nongor, on the bank of the River Padma. Pilot gives importance to producing enough quantity and quality players to have strong teams in all three formats.   Pilot replied to a query said, “We need to produce plenty of quality players to form three different teams for different formats of Test, ODI and T20. It’s possible for India, because they have a large quantity and as well as quality players to form three different teams for different formats. You see India produce so many quality players, so they have so many options to make better choice to form Test, One Day and T20 teams. They have also a competition wings, who research with Test, One and as well as for T20 formats.    “There are some players, who are always fit for all formats – Test, ODI and T20. They may be perfect in their basic, but sometimes their skill would have to improve to make them specialist for an individual format. From that concept, some players groomed up as Test, One Day or T20 specialist. “There are also some dynamic players, who are very much skilled to play in every format. Actually, India have both quantity and quality players, so not only three, they can form five specialist teams,” Pilot reveale...

Iran-Israel tension mounts

We are expressing extreme concern over the latest dangerous escalation between Iran and Israel, urging all sides to show restraint for the sake of humankind. We the people of Bangladesh want to see th...

Stand by storm-hit people

The seasonal storm nor’wester, which lashed the coastal areas and other parts of the country on Sunday, left at least 12 people dead and many others injured. The storm also damaged crops and dwelling houses.The deaths from the storm were report...

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