DHAKA: Asian stock markets are rallying on Tuesday after oil prices hit a six-month high on signs the global supply glut is easing. Brent crude, the international benchmark, is trading close to $50 per barrel while West Texas Intermediate (WTI), the US benchmark, is around $48, reports

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessing gain in share prices indices at the opening hours on Tuesday (May 17), the third trading day of the week. DSEX, the prime index of DSE, gained over 18.69 points or 0.43

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share prices indices on Monday (May 16), the second trading day of the week. DSEX, the prime index of DSE, gained over 13.16 points or 0.30 percent to stand at

DHAKA: Asia Pacific stock markets rose on Monday, shrugging off disappointing economic data released by China over the weekend. China’s industrial output, retail sales and fixed asset investment all grew more slowly than expected in April, indicating the economy remains weak. The

DHAKA: The budget session of the 10th parliament will begin on June 1. This will be third budget session of the current parliament which will start at 5:00pm on the day. President Abdul Hamid summoned the session of Jatiya Sangsad on Sunday (May 15) exercising the power bestowed

DHAKA: The annual Business Review & Budget Session-2016 of National Bank Limited (NBL) was held on Saturday (May 14).  The meeting was held at 13 different venues all over the country by 13 groups involving 191 Branches of NBL.  The speakers called for achieving more success in

DHAKA: Shares of Apple have fallen below $90 for the first time in nearly two years amid investors' concerns about slumping sales of iPhones. On Thursday, a report citing a source within Apple said suppliers in Taiwan should expect fewer orders, reports the BBC. The pace of

DHAKA: Shares in Japanese carmaker Nissan rose by 4.1% on Friday after the company clinched a deal to take a major stake in embattled rival Mitsubishi. The company will buy a 34% stake in Mitsubishi Motors, in the wake of the latter’s recent scandal over fuel efficiency, reports the

DHAKA: A vote for the UK to leave the European Union could have a ‘negative and substantial effect’ on economic growth, the International Monetary Fund said. In its regular health check of the UK economy, the IMF said that a Brexit vote would result in a ‘protracted period of

DHAKA: The official second estimate of eurozone growth has been revised down slightly from 0.6% to 0.5% in the first quarter of the year. The data, from the Eurostat agency, also revised the annual GDP estimate down a touch to 1.5% from 1.6%, reports the BBC. However, the agency

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – passed another week witnessing loss of share prices indices on Thursday (May 12), the fifth and final trading day of the week. DSEX, the prime index of DSE, shed over 19.79

DHAKA: US ambassador to Bangladesh Marcia Stephens Bloom Bernicat commented that Bangladesh will lose investment if the levels of transparency and efficiency are not increased. She made the remark at the annual general meeting (AGM) of International Business Forum Bangladesh at Pan

DHAKA: Japanese car makers Mitsubishi Motors and Nissan have confirmed talks of a capital tie-up as the former struggles with a scandal over falsifying fuel efficiency. Trading in Mitsubishi Motors’ shares was suspended on Thursday. Local media reports suggest Nissan will take a

DHAKA: Food and Agriculture Organization (FAO) organized a conference in Rome to promote social business. Nobel Laureate Professor Yunus was chief guest at the event tiled ‘Social Business for Zero Hunger’. Director General of FAO organized the event to bring together the top

DHAKA: Bangladesh and Nepal governments signed a Memorandum of Understanding (MoU) aiming to remove the trade and technical barriers between the two neighboring countries. The signing ceremony was held at the secretariat in city on Wednesday (May 11) during the meeting among Bangladesh

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss of share prices indices on Wednesday (May 11), the fourth trading day of the week. DSEX, the prime index of DSE, shed over 11.87 points or 0.27 percent to stand at

DHAKA: Wall Street markets had their biggest gains in two months following a global rally set off by positive Chinese inflation data. Producer prices in China fell at their slowest rate in 16 months in April, while consumer prices climbed 2.3% in the same month. The Dow Jones

DHAKA: ‘Welcome to Saudi Aramco’ – that’s not a message you see very often as a foreign journalist but the normally secretive state owned oil company is on a charm offensive. Sadly for other oil producers that does not extend to helping drive oil prices higher by cutting

DHAKA: SWIFT (Society for Worldwide Interbank Financial Telecommunication) has rejected allegations of security holes over 81 million US Dollars cyber heist from Bangladesh Bank reserve in February.  It comes on Monday, in the wake of Bangladeshi police and a central bank official

DHAKA: Australia decided to allow cargo flights from Bangladesh after those are rescanned from a third country. Civil aviation and tourism minister Rashed Khan Menon disclosed the matter in a press briefing at his secretariat office in city on Monday afternoon (May 9). He further