Wednesday, 20 Nov, 2024

Business

Bourses see inflation after 2-day

DHAKA: After witnessing loss in share price indices for two consecutive days, the two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- saw inflation on Tuesday (June 14). DSEX, the prime index of Dhaka Stock Exchange (DSE), acquired over 3.68

Bourses up at opening hours

DHAKA: After witnessing loss in share price indices for consecutive days, the two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing inflation at the opening hours on Tuesday (June 14). DSEX, the prime index of Dhaka Stock

Investors remain cautious across Asia

DHAKA: Investors across Asia remained cautious again on Tuesday ahead of several key events in the coming two weeks, including the UK’s EU referendum. After closing down 3.5% on Monday, Japan’s Nikkei 225 opened in positive territory, though only just. The benchmark was up 0.12%

Sterling hit by Brexit uncertainty

DHAKA: Sterling see-sawed on Monday as investors reacted to growing uncertainty over the outcome of the UK's EU referendum. The currency initially slipped against the dollar and euro, only to start recovering in mid-afternoon trading, reports the BBC. Meanwhile, the

Bourses see consecutive loss on Monday

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss in both share price indices on Monday (June 13). DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 3.99 points or 0.09 percent to stand at 4405.40

Japan stocks down on stronger yen

DHAKA: Japan’s benchmark Nikkei 225 was down more than 2% in early trade on Monday as a stronger yen hurt big exporters like Toyota. Investors were also wary ahead of central bank meetings later this week. The US Federal Reserve and the Bank of Japan are both due to hold meetings,

Markets see mixed at opening hour

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing mixed trends in share price indices at the opening hours on Monday (June 13). DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 0.94 points or 0.02

DSE, CSE see loss on Sunday

DHAKA: The week started seeing loss in the two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- in share price indices on Sunday (June 12). DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 9.58 points or 0.21 percent to stand at

Brexit could mean benefit cuts for poor families

DHAKA: Low income families could receive hundreds of pounds less in benefit payments if the UK leaves the EU, according to an economic think tank. In its central forecast, the National Institute of Economic and Social Research (NIESR) said some households could lose up to £2,771 a

Markets end week in mixed trend

DHAKA: The Dhaka Stock Exchange (DSE) witnessed loss in share price indices on Thursday (June 9), the final trading session of the week while the Chittagong Stock Exchange (CSE) experienced a meager gain. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 1.44 points or

Stern action against dishonest traders

DHAKA: Commerce Minister Tofail Ahmed has warned traders of stern action if prices of essential commodities hiked during Ramadan. He issued the warning during a meeting with traders over current market situation and price of commodities at secretariat office on Thursday (June 9).

Markets down at opening

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing loss in share price indices on Thursday (June 9), the final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 8.18 points

Bourses witness gain Wednesday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Wednesday (June 8), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), acquired over 7.91 points

Japan economic growth revised higher

DHAKA: Japan’s economy expanded an annual rate of 1.9% rate in the first quarter of this year, revised from a preliminary figure of 1.7%, according to official figures on Wednesday. The revised figure was in line with analysts’ estimates, reports the BBC. Markets in Tokyo fell

WTO chief warns UK of Brexit risks

DHAKA: The UK outside the European Union would face uncertain trade relations, according to the World Trade Organization (WTO). In a BBC interview, the WTO’s director general, Roberto Azevedo, said Britain would not have the same negotiating leverage as the EU. Britain could have

US warns banks of hacking threat to Swift system

DHAKA: US regulators have warned banks about potential cyber attacks linked to the interbank messaging system. The statement came two weeks after the Federal Bureau of Investigations sent a notice cautioning US banks after the hacking of Bangladesh’s central bank. The FBI message

YKK Bangladesh organizes tree plantation in Savar

DHAKA: YKK Bangladesh Pte Ltd organized a tree plantation program at Alhajj Zafar Bepary High School Mirjanagar in Ashulia of Savar. The program was held on June 6 as a part of the organization’s CSR activities. A total of 350 saplings were planted on the school premises and 1,150

Danish Foods, Robi sign corporate agreement

DHAKA: Danish Foods Limited has recently subscribed Robi’s corporate solution. In this connection, Robi’s managing director & CEO Supun Weerasinghe and Danish Foods’ managing director Aziz Al Mahmood signed a corporate agreement on behalf of their respective organizations. As

Bourses witness mixed Tuesday

DHAKA: The Dhaka Stock Exchange (DSE) witnessed gain in share price indices on Tuesday (June 7), the third trading session of the week after experiencing fall for two days at a stretch while the Chittagong Stock Exchange (CSE) is still in the vicious circle. DSEX, the prime index of

Wall Street jumps after Yellen speech

DHAKA: US markets closed higher on Monday after a speech by Federal Reserve chair Janet Yellen calmed fears that the central bank would raise interest rates this month. She said there had been positive economic signs, but a weak May jobs report was ‘disappointing’. The Dow Jones