Wednesday, 27 Nov, 2024

Business

Bourses witness mixed Thursday

DHAKA: Dhaka Stock Exchange (DSE) witnessed loss of share prices indices while the Chittagong Stock Exchange (CSE) witnessed gain on Thursday (July 21), the last trading session of the week. DSEX, the prime index of DSE, shed over 0.76 points or 0.01 percent to stand at 4553.78 points

Volkswagen takes 2.2bn euros emissions charge

DHAKA: German carmaker Volkswagen has set aside another €2.2bn in the first six months of the year in relation to its emissions scandal. Excluding the charge and other one-off items, the firm said its operating profit for the half-year until the end of June was up 7% to €7.5bn,

UK unemployment rate falls to 11-year low

DHAKA: The UK unemployment rate has fallen to 4.9%, the lowest since July 2005, according to official figures. The unemployment total fell to 1.65 million in the March-to-May period, down 54,000 from the previous quarter, the Office for National Statistics (ONS) said, reports the BBC.

Bourses see fall second day also

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- have witnessed loss in share price indices for the second day on the trot on Wednesday (July 20), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock

Markets see loss Tuesday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- have witnessed loss in share price indices on Tuesday (July 19), the third trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 14.88 points

Markets see loss at opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing loss in share price indices on Tuesday (July 19), the third trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 12.05

Bourses witness gain Monday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Monday (July 18), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 12.86 points or

Japanese to purchase UK’s ARM 

DHAKA: ARM Holdings, one of the UK's biggest technology companies, is set to announce it is being bought by Japan's Softbank for £24bn. The board of ARM is expected to recommend shareholders accept the offer close to a 50% premium on its closing market value of £16.8bn on

Tannery owner to pay fine Tk 10000 a day

DHAKA: The appellate division of the Supreme Court (SC) on Monday (July 18) decreased the amount of fine to be paid by the owners of 154 tanneries daily for delayed shifting of their tanneries from city’s Hazaribagh area to Savar. The court fixed Tk 10,000 instead of Tk 50,000 as

Bourses see gain Sunday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Sunday (July 17), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 4.20 points or

Bangladesh Bank GM held in graft case 

DHAKA: Anti-Corruption Commission (ACC) detained Bangladesh Bank General Manager (Accountant and Audit department) Badrul Haque Khan and Rising Steel Mills Director Jasim Uddin Chowdhury. Detainees were arrested late Saturday (July 16). ACC Public Relations Officer Pranab Bhattachariya

Political unity urged to revive RMG sector

DHAKA: Unity among the political parties is very much needed to revive the export-oriented readymade garments (RMG) sector after the café attack in city’s Gulshan area. The speakers made the assertion at a press conference of Bangladesh Garments Buyinghouse Association (BGBA) at

US-Bangla at year 3, adds 4 jets

DHAKA: US-Bangla Airlines Ltd., a private airline and a subsidiary of US-Bangla Group, has decided to procure three Boeing 737-800 jets and one more DASH 8-Q400 aircraft, aiming to enhance domestic, regional and International flight network. Boeing 737-800 aircraft, Business Class,

China economy grows more than expectation

DHAKA: China's economy grew by slightly more than expected in the second quarter of the year as the government increased infrastructure spending. China's statistics bureau said that gross domestic product expanded by 6.7% in the three months to June compared to a year earlier.

DSE down, CSE up on Thursday

DHAKA: The Dhaka Stock Exchange (DSE) witnessed a slightly negative tendency in share price indices while the Chittagong Stock Exchange (CSE) witnessed gain on Thursday (July 14), the fifth and final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed

Export target set to 37,000m USD: Tofail

DHAKA: Commerce minister Tofail Ahmed said that Bangladesh has set an export target to 37,000m US dollars in 2016-17 fiscal year. He made the disclosure at his secretariat office in city on Thursday (July 14). BDST: 1341 HRS, JUL 14, 2016 RR/SMS

UK interest rates may be cut to new low

DHAKA: The Bank of England could make the first cut to UK interest rates in more than seven years on Thursday. Mark Carney, the Bank governor, has indicated that the Monetary Policy Committee (MPC) would vote to cut rates in July or August, reports the BBC. The probable reduction

Japanese shares continue to rise

DHAKA: Japanese stock continued their positive trend, adding a fourth day of gains in the wake of last weekend’s election. Tokyo’s Nikkei 225 rose by 0.5% in early trade to 16,303.99 points, reports the BBC. There’s widespread expectation of fresh fiscal stimulus after the

Markets see inflation at opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing gain in share price indices on Thursday (July 14), the fifth and final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), acquired

Robi gets new CEO from November

DHAKA: Robi, one of the leading telecom service providers of Bangladesh, announced the appointment of its new Chief Executive Officer (CEO) as part of its ongoing efforts towards developing and promoting talents from within. Mahtab Uddin Ahmed will take over as the new CEO and Managing