DHAKA: The UK’s car industry, more leading businessmen, and the chairman of football's Premier League have backed the campaign to stay in the EU. The car industry’s trade body and company executives warned that leaving would increase costs and threaten jobs, reports the BBC.

DHAKA: Asian shares rallied on Monday on the latest British opinion surveys showing a resurgence of the vote to remain part of the European Union. The British pound also was higher, gaining 1.4% to the US dollar and 1.9% to the Japanese yen. Global markets were hit last week by

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 7.71 points and 0.17 percent to stand at 4380.07 at the opening till

DHAKA: Iran has reached a deal to buy 100 planes from US plane producer Boeing, and the two sides are awaiting approval by US Treasury authorities, according to the head of Iran’s Civil Aviation Organization. ‘The final obstacle in this area are only the permits from the US

DHAKA: A division of HSBC has agreed to pay $1.575bn to settle a 14-year lawsuit. It stems from a lawsuit the British bank inherited when it bought the US lender Household International in 2003. Shareholders accused Household International, now known as HSBC Finance, of inflating

DHAKA: A UK exit from the European Union could mean the UK misses out on up to 5.6% of GDP growth by 2019. The IMF has warned, reports the BBC. Brexit is the ‘largest near-term risk’ to the UK economy, the IMF said in its annual UK economic outlook. It added that the net

DHAKA: Microsoft has teamed up with California-based technology start-up Kind Financial, which helps businesses and government agencies track sales of legalized marijuana “from seed to sale”. It is the first-ever partnership of its kind for Microsoft, reports the BBC. Kind has

DHAKA: Volkswagen plans to launch 30 all-electric models to reposition itself as a leader in ‘green’ transport. Matthias Mueller, chief executive of Europe’s biggest carmaker, said huge investments would be needed as the firm moves beyond the ‘dieselgate’ scandal. He hopes

DHAKA: The Bank of England has warned that uncertainty about the EU referendum is the ‘largest immediate risk’ facing global financial markets. The Bank said there were ‘risks of adverse spill-overs to the global economy’ from the 23 June vote. It was ‘increasingly

DHAKA: The UK unemployment rate has fallen to 5%, the lowest since October 2005, according to official figures. The unemployment total fell to 1.67 million in the February-to-April period, down 20,000 from the previous quarter, the Office for National Statistics (ONS) said, reports the

DHAKA: Past and present Unilever bosses have said the firm would be ‘negatively impacted’ by Brexit. Economic uncertainty in the event of a UK vote to leave the EU would hit the consumer goods giant, a spokesman said, reports the BBC. He said Unilever was responding to questions

DHAKA: Engineering giant Rolls Royce has written to employees saying it wants the UK to stay in the European Union. Brexit would ‘limit any company’s ability to plan and budget for the future’, the firm said, reports the BBC. Meanwhile, the CBI has said a vote to Leave would

DHAKA: Investors witnessed rise in the benchmark indices of the country’s bourses – Dhaka Stock Exchange and Chittagong Stock Exchange- on Wednesday. The key index of Dhaka Stock Exchange, DSEX, rose over 2.90 points and 0.06 percent to stand at 4411.99 at the opening. Trade

DHAKA: Stocks in Japan ended a four-day losing streak and closed higher, despite shares in the US and Europe falling sharply on Tuesday on worries over the UK’s referendum on EU membership. Japan’s benchmark Nikkei 225 index closed up 60.58 points, or 0.4%, at 15,919.58, reports

DHAKA: George Osborne says he will have to slash public spending and increase taxes in an emergency Budget to tackle a £30bn ‘black hole’ if the UK votes to leave the European Union. The chancellor will say this could include raising income and inheritance taxes and cutting the

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses – Dhaka Stock Exchange and Chittagong Stock Exchange- on Wednesday. The key index of Dhaka Stock Exchange, DSEX, shed over 2.14 points and 0.04 percent to stand at 4406.94 at the opening. Trade

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

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

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%

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