DHAKA: Singapore’s third largest lender UOB says it has suspended its loan program for London properties. The decision comes in response to uncertainty caused by the UK’s decision to leave the EU, the bank said, reports the BBC. The vote on 23 June caused global market turmoil

DHAKA: Fresh concerns have emerged over the future of Tata Steel’s UK assets, which include the huge Port Talbot works. It is understood that the Indian owners of the plant fear that the current UK political uncertainty could derail efforts linked to the planned sale, reports the

DHAKA: Japanese stocks have seen their fourth consecutive day of gains, in line with global markets shaking off concerns after the UK’s vote to leave the EU. In the wake of the UK referendum last Friday, global stocks had tumbled, reports the BBC. Yet, Japan’s benchmark Nikkei

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share prices indices on Thursday (May 29), the last trading day of the week. DSEX, the prime index of DSE, gained over 15.22 points or 0.34 percent to

‘How ridiculous and callous they are!’ an aggravated customer at Hotel Westin in Dhaka was telling. He was buying costly Palestinian Medjoul Dates from the hotel shop and found that the hotel men wrote `Deats’ instead of `Dates’ in the price tag. Immediately the person, a

DHAKA: UK shares and the pound have continued to regain some of the ground lost in the wake of the Brexit vote. The FTSE 100 share index was up 2.4% at 6,287.28, after rising 2.6% on Tuesday. The pound rose 1.2% against the dollar to about $1.35, although sterling still remains well

DHAKA: The 21st Extraordinary General Meeting and 33rd Annual General Meeting of National Bank Limited were held at Radisson Blu hotel in city on June 29. Zainul Haque Sikder, Chairman of the Bank presided over the meeting. The Authorized Capital of the Bank increased from

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gains on Wednesday (June 29), the fourth trading session of week. The key index of Dhaka Stock Exchange, DSEX, rose over 18.89 points and 0.42

DHAKA: Vodafone has warned it could move its headquarters from the UK depending on the outcome of Britain’s negotiations to leave the European Union. The telecoms giant said in an emailed statement it was important to retain access to the EU’s free ‘movement of people, capital

DHAKA: Stock markets in Asia have started the day with more gains, continuing the positive lead set by the US and Europe. Wall Street and bourses across Europe have been recovering some of the ground since the UK voted last week to leave the European Union. In Japan, the benchmark

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gains on Tuesday (June 28), the third trading session of week. The key index of Dhaka Stock Exchange, DSEX, rose over 38.53 points and 0.87

DHAKA: Chamber Judge court of Appellate Division stayed the High Court order till July 17 regarding fine against tannery owners for not shifting factories. Earlier, the High Court ordered to fine 154 tanner owners everyday Tk 50,000 until they transfer their factories from city’s

DHAKA: German carmaker Volkswagen has reportedly reached a $15bn settlement with US car owners after admitting it cheated emission tests. The deal would offer to repair or buy back the affected diesel vehicles and pay owners compensation, according to sources close to the talks,

DHAKA: Pressure has eased on UK financial markets after two days of turmoil in the wake of the Brexit vote, with the FTSE 100 index opening higher. Shortly after trading began, the index was up 2.2% at 6,113.01, while the FTSE 250 had gained 3.1%, reports the BBC. The index lost

DHAKA: Japanese shares on Tuesday continued to roll back losses from last Friday’s sharp post-Brexit tumble. After initial losses in morning trade, the Nikkei 225 index continued to build on Monday's gains and was up by 0.5% to 15,387.99 points, reports the BBC. With the yen

DHAKA: Branches of all the banks in commercial and large shopping mall areas will remain open from July 2 to 4. However, the bank authorities will decide about the certain branches to be kept open. Bangladesh Bank (BB) assistant spokesperson Anwarul Islam confirmed the matter to

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gains in the opening hours on Tuesday (June 28), the third trading session of week. The key index of Dhaka Stock Exchange, DSEX, rose over

DHAKA: Associate of Meghna Bank Ltd mobile banking service, Malaysia-Bangladesh combined organization Mobility I Tap Pay Ltd’s head office has been recently inaugurated. Chairman of Meghna Bank H N Ashequr Rahman, Managing Director of Meghna Bank M Nurul Amin and Managing Director of

DHAKA: The customs houses and stations will remain close for three days from July 7-9 on the occasion of Eid-ul-Fitr. National Revenue Board (NRB) senior member (customs Policy) M Farid Uddin issued an order in this regard on Monday (June 27). According to the statement, the customs

DHAKA: Banks can keep their branches open on July 2, 3, 4 with own arrangement. FBCCI president Matlub Ahmed made the remark after meeting Bangladesh Bank governor on Monday (June 27). The government has declared a long nine-day holiday for Eid-ul-Fitr, the largest Muslim religious