Thursday, 28 Nov, 2024

Business

Market ends positive Tuesday

DHAKA: Trading in the country’s two bourses ended positively on Tuesday, the third trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 30.67 points or 0.67 percent than Monday to stand at 4591.09 at closing.Trade deals stood at 119299 with transaction at Tk

Stocks showing positive

DHAKA: Trading in the country’s two bourses showing positive in share-price indices on Tuesday, the third trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 41.18 points or 0.90 percent than Sunday to stand at 4601.60 at 12.17pm.Trade deals stood at 51314

HSBC to ‘freeze global pay in 2016’

DHAKA: The UK’s biggest bank, HSBC, plans to impose a global freeze on pay and hiring in 2016.Sources have said, reports the BBC.An email was sent to staff on Friday outlining the measures as part of the bank’s cost-cutting drive.A source confirmed the email’s contents to the BBC

Stocks end positive Monday

DHAKA: Trading on the country’s two bourses ended on positive in share-price indices on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 19.53 points than Sunday to stand at 4560.42.Trade deals stood at 100178 with transaction at Tk

Stocks witnessing gain Monday

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 18.23 points to stand at 4559.12 at 11:37am.Trade deals stood at 31762 with transaction at Tk

China’s factory activity slows again

DHAKA: Activity in China’s manufacturing sector contracted for the sixth month in a row in January - and hit its lowest level since 2012.According to the government’s latest factory survey, the Purchasing Managers’ Index (PMI) showed a reading of 49.4 for the month compared to

Tk 71-cr expo orders increased at DITF

DHAKA: Commerce minister Tofail Ahmed said that the export order of Bangladeshi products has increased by Tk 71-cr from the past year at Dhaka International Trade Fair (DITF).Total amount of the order is now 235.17-cr, he added.The minister came up with this assertion at the closing

NSB decides to establish Bangladesh Water MSP

The first meeting of the National Steering Board (NSB) of the Bangladesh Water Multi-Stakeholder Partnership (Water MSP) was held on January 30, 2016 at The Westin hotel in Dhaka under the chair of the cabinet secretary.The NSB made key decisions to establish and operationalize the

Japan adopts negative interest rate

DHAKA: In a surprise move, the Bank of Japan has introduced a negative interest rate.The benchmark rate of -0.1% means that commercial banks will be charged by the central bank for some deposits, reports the BBC.It hopes this will be a disincentive to banks to save and prompt them to lend

Stocks end week negative

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 12.40 points only to stand at 4573.58 at the close of day’s trading.Trade deals stood at 107636 with

Boeing profit outlook disappoints

DHAKA: The earnings outlook from the US planemaker Boeing has missed forecasts.In a statement, the company said it expected to make between $8.15 and $8.35 a share with revenue between $93bn and $95bn, lower than forecasts of $9.41 per share from revenue of $97bn.Shares dropped 9% in

Asian shares lower on cautious Fed outlook

DHAKA: Asian shares have followed Wall Street lower after the Federal Reserve warned of slowing US growth.The region’s biggest index, Japan’s Nikkei 225, fell 0.3% to 17,128.15, reports the BBC.Wall Street closed lower despite early gains after the Federal Reserve said it was

Stocks witnessing mixed

DHAKA: Country’s stock markets has been witnessing fall in its price indices on Thursday (January 28).DSEX, the key index of Dhaka Stock Exchange, loses over 9.96 points to stand at 4576.04 after the first hour of day’s trading.Trade deals stood at 34913 with volume of transactions at

Toyota remains world’s biggest carmaker

DHAKA: Toyota has kept its crown as the world’s top-selling carmaker for the fourth straight year.The company sold 10.15 million cars overall in 2015, slightly beating expectations, reports the BBC.Germany’s Volkswagen came second with 9.93 million vehicles sold, followed in third by

Stocks end lower Wednesday

DHAKA: Country's stock market marked fall again in its price indices on Wednesday (January 27), the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 24.13 points only to stand at 4585.98 at the close of day’s trading.  Trade deals stood at 93438

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway with upward trend of share-price indices on Wednesday.DSEX, the Broad Index of Dhaka Stock Exchange (DSE), rose over 4.70 points to stand at 4614.82 at 11:57am.Trade deals stood at 29459 with volume of transactions at Tk 1045.75

Asian shares mixed with traders wary

DHAKA: Asian shares were subdued on Tuesday, drawing little support from a strong performance by US and European stock markets.Japan's Nikkei 225 rose by 2.6% to 17,147.92 after shedding a hefty 2.4% on Tuesday, reports the BBC.But Chinese shares were mixed with Hong Kong's Hang Seng up

iPhone sales set to fall for first time

DHAKA: Apple has reported the slowest growth in iPhone sales since the product's 2007 launch and warned sales will fall for the first time later this year.The US tech giant sold 74.8 million iPhones in its fiscal first quarter, compared with 74.5 million a year ago, reports the BBC.Apple

Bangladesh RMG price fall continues in US, EU

DHAKA: Prices of Bangladesh readymade garments (RMG) products are continuously falling in the US and European Union (EU) markets.Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Siddiqur Rahman made this comment at a press conference on Tuesday (January 26) at

Optimism growing for Bangladesh’s economic future

DHAKA: Washington DC-based nonprofit and nonpartisan organization International Republican Institute (IRI) on January 25 published a research article ‘IRI’s Center for Insights Poll: Optimism Growing for Bangladesh’s Economic Future’ on its iri.org website. Banglanews reprints the