Most Asian markets cautiously higher as traders eye Trump 2.0
Most Asian markets cautiously higher as traders eye Trump 2.0

Asian markets started the first full week of 2025 on a positive but cautious note as traders struggled to track a healthy run-up on Wall Street, with minds turning to Donald Trumps second presidency. Ongoing concerns about Chinas stuttering economy, the outlook for US interest rates and the wars...

ADB to provide $1b annually for Bangladesh's development
ADB to provide $1b annually for Bangladesh's development

Asian Development Bank (ADB) will provide US $1 billion to Bangladesh annually in concessional financing over the next five years. ADB Country Director Hoe Yun Jeong came up with the assurance when he met Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan at the Forest Department...

ADB approves $100m more loan for infrastructure development
ADB approves $100m more loan for infrastructure development

The Asian Development Bank (ADB) has approved a $100 million loan in additional financing to support critical infrastructure development through publicprivate partnerships (PPP) in Bangladesh, reports UNB. This project will enable Bangladesh to catalyse private sector financing, reduce pressure...

S Korea stocks fall, won steady amid Asian market volatility
S Korea stocks fall, won steady amid Asian market volatility

Equities extended losses in Seoul on Thursday, while the won stabilised as South Korea entered a period of uncertainty with President Yoon Suk Yeol clinging to power after his brief imposition of martial law this week. Additionally, Bitcoin broke past the $1,00,000 mark for the first time on...

ADB commits $24.3 million for solar power plant in Mymensingh
ADB commits $24.3 million for solar power plant in Mymensingh

The Asian Development Bank (ADB) has signed a financing package worth $24.3 million with Muktagacha Solartech Energy Limited (MSEL) to establish a grid-connected solar photovoltaic power plant in Mymensingh. As the sole mandated lead arranger, the Manila-based financial institution took charge...

Masato Kanda elected as ADB president
Masato Kanda elected as ADB president

The Asian Development Bank (ADB) Board of Governors has unanimously elected Masato Kanda as ADBs 11th President. Kanda, 59, currently serves as special advisor to Japans Prime Minister and Minister of Finance. He will assume office on 24 February 2025, succeeding Masatsugu Asakawa, who will...

Government will move forward step by step towards the election: Hassan Arif
Government will move forward step by step towards the election: Hassan Arif

The government will move forward step by step towards the election, stated A F Hassan Arif, Adviser to the Ministries of Civil Aviation and Tourism, and Land. He made these remarks while speaking to the media after visiting the Asian International Trade Fair at BICC in Sher-e-Bangla Nagar,...

Bangladesh to receive $1.1bn from ADB, WB by Dec: Finance secretary
Bangladesh to receive $1.1bn from ADB, WB by Dec: Finance secretary

The Asian Development Bank (ADB) and the World Bank will provide $600 million and $500 million in loan assistance respectively by December 2024, said Finance Secretary Dr Md Khairuzzaman Mozumder on Tuesday. He made the disclosure during a press conference at the Ministry of Finance, organised...

Equities fluctuate, bitcoin hits record as traders weigh Trump 2.0
Equities fluctuate, bitcoin hits record as traders weigh Trump 2.0

Asian equities saw a swing on Thursday, while the dollar held gains and bitcoin triumph a fresh record as markets tried to determine the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China. The so-called Trump Trade went into...

Dollar, bitcoin soars in Asian markets as US results proceed
Dollar, bitcoin soars in Asian markets as US results proceed

Most Asian markets rose with the dollar and bitcoin on Wednesday as traders await the outcome of the knife-edge US presidential election, with bets increasing on a Donald Trump victory as early results rolled in. The Republican candidate and his Democratic opponent Kamala Harris have picked up...

Bangladesh end campaign losing 3-2 to Afghanistan in U-17 Asian Cup
Bangladesh end campaign losing 3-2 to Afghanistan in U-17 Asian Cup

Bangladesh completed their Group B engagements of the AFC U-17 Asian Cup 2025 Qualifiers losing to Afghanistan by 2-3 goals in their last group match at the Price Stadium in Phnom Penh, Cambodia on Sunday. With the days defeat, Bangladesh was eliminated from the meet securing six points from...

Bangladesh thrash Macau 7-0
Bangladesh thrash Macau 7-0

Bangladesh handed Macau a 7-0 thrashing in their third match of the AFC Under-17 Asian Cup 2025 qualifiers at Prince Stadium in Phnom Penh, Cambodia Friday. The young boys in red and green went to the break with a 1-0 lead after Captain Nazmul Huda Faysals 40th minute opener. Eventually he...

Shamsunnahar Jr keeps Bangladesh in semi race of SAFF Women's Champs
Shamsunnahar Jr keeps Bangladesh in semi race of SAFF Women's Champs

Shamsunnahar Jrs injury time goal kept defending champions Bangladesh in the semifinal race of the seven nation South Asian Football Federation (SAFF) Womens Championship 2024 playing 1-1 draw with Pakistan in their first Group A match at the Dashrath Rangasala (Stadium) in Kathmandu Sunday...

Choosing to be child-free in an ‘apocalyptic’ South Asia
Choosing to be child-free in an ‘apocalyptic’ South Asia

Zuha Siddiqui is currently designing her new house in Karachi, creating a blueprint for her future life in Pakistans largest metropolis. Her parents will live in the downstairs portion of this house, because theyre growing old, and they dont want to climb stairs, she says. She will live in a...