Total Energies pauses investments into Adani Group on bribery charges
Gold price drops after three consecutive hikes
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 Wednesday.DSEX, the key index of Dhaka Stock Exchange, rose over 13.45 points to stand at 4611.79 at 11:34 am.Trade deals
DHAKA: US Chocolate maker Mars has ordered a recall of chocolate products in 55 countries after customer finds piece of plastic in Snickers bar.In the UK, the products affected include funsize Mars and Milky Way bars and boxes of Celebrations.In the Netherlands Mars and Snickers bars were
DHAKA: Shares in Standard Chartered plunged on Tuesday after the Asia-focused bank revealed a $1.5bn loss.Chief executive Bill Winters, who took over from Peter Sands last year, described the performance over 2015 as ‘poor’, reports the BBC.The bank will take a $4bn charge on writing
Dhaka: Allegation has been raised against well-known super shop Agora regarding VAT (value-added tax) evasion of Taka several crores.The VAT officers informed the media that the super shop Agora, owned by Rahim Afroze, sells products more than Tk 360 crores every year.Sources concerned
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- saw sharp rise in trading indices on Tuesday, the third trading session of the week.DSEX, the prime index of the DSE, went up by 20.72 points or 0.45 percent to 4,598.34, at the end
DHAKA: Shares in Asia were mixed on Tuesday despite a near 7% rise in oil prices overnight and a rally on Wall Street.Japan’s Nikkei 225 rose 1.3% in early trade, but was later up just 0.25% to 16,154 points.In Australia, the ASX 200 was down 0.35% to 4,984 points as some of the
DHAKA: Lower oil prices have helped Qantas post a record underlying pre-tax profit of $921m Australian dollars ($665m) for the six months to December.The result is the best first-half profit in the Australian airline’s 95-year history, reports the BBC.It was $554m higher than the same
DHAKA: The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in the early hour of trading on Tuesday, the third trading session of the week.DSEX, the prime index of the DSE, went up by 14.85 points or 0.32 percent to 4,592.47, after first hour of the trade
DHAKA: After the incidents of ATM card forgery of Eastern, City and United Commercial banks, a customer of BRAC Bank is the latest victim of this card forgery.Miscreants used forged debit card of one Prit Reza, a customer of the bank, for shopping from a shopping center in city on
DHAKA: Country's stock market marked fall in its price indices on Monday (February 22), the first trading day of this week as Sunday was holiday for ‘Amar Ekushey’.DSEX, the key index of Dhaka Stock Exchange, shed over 10.04 points only to stand at 4577.61 at the close of day’s
DHAKA: Europe’s biggest bank has posted a 1.2% decline in net profit to $13.52bn for the 12 months to December compared to a year earlier, citing a slowdown in China, among other issues.Pre-tax profit was up 1% compared to a year earlier to $18.87bn, the bank said, below market
DHAKA: Trading on the country’s two bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Monday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 0.08 points to stand at 4587.58 at 11:52am.Trade
DHAKA: The decision to freeze all recruitment of foreign workers does not affect the validity of the Memorandum of Understanding (MoU) signed with the Bangladesh government, says Malaysian human resources minister.“Further details on the decision to freeze foreign worker recruitment
DHAKA: China has dismissed its top market regulator after a series of policy missteps that contributed to a massive stock selloff.Xiao Gang, chairman of the China Securities Regulatory Commission, was removed from his post, reports the CNN.He was replaced by Liu Shiyu, head of the
DHAKA: Ansar-VDP Unnayan Bank (AVUB), a government owned specialized bank, is offering 29 types of loans for agricultural sectors to fulfill cherished dreams of farmers.All information about the bank is available at stall no-108 in the three-day Dairy, Aqua and Pet Animal Fair that began
DHAKA: App-based car-hire service Uber is losing more than $1bn (£699m) a year in China, as it struggles against what it called a "fierce competitor".Uber CEO Travis Kalanick made the admission while speaking at a private event in Vancouver, according to Canadian tech news site
DHAKA: Banks will remain open in 36 districts on Saturday (February 20) so that aspirant candidates can deposit their money for nomination forms of upcoming Union Parishad (UP) elections.Bangladesh Bank (BB) issued a circular in this regard on Thursday (February 18).The circular has also
DHAKA: Toyota Motor Corp is conducting a global recall of 2.87 million 4x4 vehicles because their rear seatbelts could be damaged in the event of a crash.The world’s largest carmaker said in an email on Thursday that the lap-shoulder seatbelts in the vehicles’ second-row seats could
DHAKA: Finance minister Abul Maal Abdul Muhith announced a program setting a target of producing 50 percent of required baby food and reducing the shortage of meat and milk productions in the country within three years.He made the announcement at a fair titling, ‘Fisheries and Pet
DHAKA: Anti Corruption Commission (ACC) filed a case against five people, including Shahjajal Bank deputy managing director (DMD) Manzurul Islam, for misappropriating Tk 251-crore through issuance of fake letter of credit (LC).ACC deputy director Shamsul Alam filed the case with Motijheel