Tuesday, 19 Nov, 2024

Business

European markets stabilize after falls

DHAKA: European markets have opened slightly higher, a day after global turmoil saw billions wiped off the value of shares.After falling 3.5% on Wednesday, London’s benchmark FTSE 100 share index was up 0.5% in the first few minutes of trading, reports the BBC.Earlier, stocks in Asia

Stocks end week negative

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 11.56 points only to stand at

Market showing mixed

DHAKA: Trading on the country’s two bourses is underway with mixed trend of share-price indices on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange (DSE), rose over 1.63 points to stand at 4671.14 at 12:09pm.Trade deals stood at 48526 with volume

Asian markets up after global shares turmoil

DHAKA: Asian stocks opened higher after turmoil on financial markets saw European and US indexes tumble following another oil price fall.Thursday’s gains though did not recover the losses financial markets have seen over past days, reports the BBC.Investors remain worried over slumping

Stocks end lower Wednesday

DHAKA: Country's stock market marked fall again in its price indices on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 27.99 points only to stand at 4669.51 at the close of day’s trading.Trade deals stood at 159727 with volume of

DSE, CSE witnessing mixed

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed mixed trend in early hours of trading on Wednesday. DSEX, the prime index of the DSE, rose over 6.79 points or 0.14 per cent to 4704.30 after the first

Sliding oil prices drag down Asia stocks

DHAKA: Asian markets fell again as oil prices slid through $28 a barrel and Wall Street put in a weak performance.Japan’s Nikkei was down 3 per cent while Australia’s S&P/ASX 200 fell 1.1 per cent, surrendering early gains, reports the Financial Times.At the lunch break, the Hang Seng

Oil price at $23.58 per barrel

DHAKA: The price of crude oil came down to $23.58 dollars a barrel on Monday (January 18).Earlier on Friday (January 15), the price was $24.74, according to OPEC Secretariat calculations.The price is expected to come down more as Iran announced to raise oil production to grab its market

DSE, CSE witness gain Tuesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 10.30 points or over 0.21 percent to 4697.50 after the end of

10 Bangladeshi expats get CIP cards

DHAKA: Expatriate welfare and overseas employment ministry has awarded 10 Bangladeshi expatriates with Commercially Important Person (CIP) cards for their respective contribution to the economy of Bangladesh in 2014.Minister Nurul Islam BSc handed over the cards at a program, organized by

Adidas names Rorsted as new CEO

DHAKA: Shares in Adidas have risen more than 5% after the German sportswear firm named its new chief executive.Kaspar Rorsted, who Adidas called the ‘perfect candidate’, will take over on 1 October, reports the BBC.He is currently the boss of Henkel, whose brands include Persil

France in state of economic emergency

DHAKA: President Francois Hollande has set out a €2bn job creation plan in an attempt to lift France out of what he called a state of ‘economic emergency’.Under a two-year scheme, firms with fewer than 250 staff will get subsidies if they take on a young or unemployed person for six

DSE, CSE showing up

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hours of trading on Tuesday.DSEX, the prime index of the DSE, rose over 18.41 points or 0.39 percent to 4705.61 after the first one-hour of trade

Asian markets reasonably calm on China GDP numbers

DHAKA: Asian markets remained reasonably calm on Tuesday as full-year economic numbers from China arrived in line with expectations.China’s economy grew by 6.9% in 2015, compared with 7.3% a year earlier, reports the BBC.The numbers mark its slowest growth in a quarter of a century, but

China economic growth slowest in 25 years

DHAKA: China’s economy grew by 6.9 percent in 2015, compared with 7.3 percent a year earlier, marking its slowest growth in a quarter of a century.Annual growth in the world’s second-largest economy was in line with global expectations, reports the BBC.Beijing, meanwhile, had set an

Intl plastic summit begins Jan 20

DHAKA: A four-day international plastic summit will begin at Bangabandhu International Conference Center in city on Wednesday (January 20).Industries minister Amir Hossain Amu will inaugurate the summit aiming to increase the use and export of plastic products.Bangladesh Plastic Goods

Oil price falls below $28 a barrel

DHAKA: The oil price has fallen below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.Brent crude, used as an international benchmark, fell as low as $27.67 a barrel, its lowest since 2003, before recovering slightly to trade

Stocks end higher Monday

DHAKA: Country's stock market marked gain in its price indices on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 12.37 points only to stand at 4687.20 at the close of day’s trading. Trade deals stood at 156707 with volume of

Premier Bank annual management conference held

DHAKA: The Annual Management Conference-2016 of Premier Bank Ltd was held at hotel Radisson in city on Saturday (January 16).Premier Bank chairman Dr HBM Iqbal, inaugurated the conference as chief guest while bank vice-chairman Mohammad Imran Iqbal and director Abdus Salam Murshedy were

Asian Highway construction from Feb

COX’S BAZAR: Road Transport and Bridges minister Obaidul Quader said the construction work of the Asian Highway from first week of the next month.The work will start from Ghumdhum of Ukhia upazila of Cox’s Bazar from the first week of February,’ said  Obaidul Quader at the press