Author: Admin

A financial instrument once celebrated as a milestone in Bangladesh’s Islamic finance market is now shadowed by uncertainty. Beximco’s flagship Sukuk, which is Bangladesh’s first privately placed Islamic bond, is approaching maturity amid mounting concern over whether investors will recover the Tk 30 billion committed to the issue, much of it by institutions that say they were effectively pushed into the investment. The bond is due to mature in December 2026. If the principal is not repaid before then, banks may come under renewed pressure to raise deposits to meet obligations to their own customers. Against this backdrop, analysts in…

The last nuclear treaty between Russia and the United States is due to expire within hours, raising the risk of a new arms race in which China will also play a key role. The web of arms control deals negotiated in the decades since the 1962 Cuban Missile Crisis, considered the closest the world ever came to intentional nuclear war, was aimed at reducing the chance of a catastrophic nuclear exchange. Unless Washington and Moscow reach a last-minute understanding of some kind, the world’s two biggest nuclear powers will be left without any limits for the first time in more…