DHAKA: China finance experts have warned that Britain’s decision to leave the European Union will ‘cast a shadow over the global economy’. Finance minister Lou Jiwei said the ‘repercussions and fallout’ will emerge over the next five to 10 years, reports the BBC. Huang

DHAKA: HSBC would move up to 1,000 staff from London to Paris if the UK left the single market, following Britain’s vote to leave the EU. The staff who would be relocated would be those who already process payments made in euros for HSBC in Canary Wharf, the BBC reports.

DHAKA: UK business secretary Sajid Javid says he will hold a meeting this week with business leaders following the UK’s vote to leave the European Union. Javid told the BBC his message to businesses was ‘there’s no need to be panicking’. The UK’s economic fundamentals are

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss on Sunday (June 26), the first trading session of week.   The key index of Dhaka Stock Exchange, DSEX, lost over 1.23 points and 0.02

DHAKA: All the banks of the country will remain closed on July 4. Bangladesh Bank, the central bank of the country, took the decision as the country will apparently go into holiday from July 1 to 9 due to Eid-ul-Fitr as per executive order of the Prime Minister. BB deputy general

DHAKA: Slovenia is keen to deepen ties with Bangladesh, especially in the fields of bilateral trade, energy, science and technology, agriculture and light industries. Bangladesh state minister for foreign affairs M Shahriar Alam and state secretary of Slovenia foreign ministry Darja

DHAKA: Wall Street and the FTSE 100 both fell sharply in a wild day of trading after the UK voted for Brexit. The London blue-chip index fell 7% in early trading to just over 5,800 points but ended the day 3.15% lower at 6,138, reports the BBC. New York and European markets all

DHAKA: The UK has had its credit rating outlook downgraded to ‘negative’ by the ratings agency Moody’s after the country voted to leave the EU. Moody’s said the result would herald ‘a prolonged period of uncertainty’, reports the BBC. Meanwhile, PM David Cameron is under

DHAKA: Asian millionaires now control more wealth than those in North America, Europe and other regions, according to a report from finance firm Capgemini. Driven by China and Japan, Asia’s millionaires saw their wealth jump by 10% in 2015, the firm’s World Wealth Report found.

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain on the last day of week (June 23).   The key index of Dhaka Stock Exchange, DSEX, gained over 15.21 points and 0.34 percent to stand at

DHAKA: The bank units located in the industrial areas will remain open on July 2 and 3. Bangladesh Bank spokesperson issued an order in this regard on Thursday (June 23). However, the apparently nine-day government holidays for Eid-ul-Fitre will remain enforced to other banks and

DHAKA: Banks will remain open on July 4 though Prime Minister Sheikh Hasina in her executive order declared the day as holiday. Chairman of Association of Bankers (ABB) and also Mutual Trust Bank managing director (MD) and CEO Anis A Khan confirmed the matter to banglanews on Thursday

DHAKA: Robi, as one of the leading digital service providers of the country, has brought a solution to the inconvenience of getting train tickets to visit their near and dear ones across the country during the eid holidays. The train ticketing service has been operational since January

DHAKA: Investors witnessed gain in the benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – on Wednesday (June 22), the fourth trading session of the week. The key index of Dhaka Stock Exchange, DSEX, gained over 3.13

DHAKA: Mitsubishi Motors has forecast a net loss of 145bn yen ($1.4bn) for the current business year in the wake of its fuel efficiency scandal. In April, the Japanese carmaker admitted it had been falsifying fuel efficiency tests for decades. The expected loss marks the first fall

RANGPUR: The day has come with a different flair to the landless people on the bank of Teesta. The pumpkins cultivated on the vast charland of the river are now being exported to Malaysia. A boundless joy flickered to the eyes of the farmers of Kaunia and Gangachara upazilas getting

DHAKA: Investors witnessed fall in the benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – on Tuesday (June 21), the third trading session of the week. The key index of Dhaka Stock Exchange, DSEX, shed over 5.89 points

DHAKA: Investors are witnessing fall in the benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – at the opening hours on Tuesday (June 21). The key index of Dhaka Stock Exchange, DSEX, shed over 4.99 points and 0.11

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses – Dhaka Stock Exchange and Chittagong Stock Exchange- on Monday (June 20). The key index of Dhaka Stock Exchange, DSEX, shed over 18.77 points and 0.42 percent to stand at 4369.00 at the end of the

DHAKA: High interest rates and a lack of financial literacy are highlighted as major obstacles to factories in the Bangladesh Readymade Garment (RMG) sector from obtaining remediation financing. A report launched by the International Finance Corporation (IFC) and International Labour