Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh Taka depreciates 3 paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum three paisa more against the US currency in early hour transactions on Tuesday in the inter-bank foreign exchange (forex) market.
Bangladesh’s Bay Leasing recommends 15pc dividend
The board of directors of Bay Leasing and Investment has recommended 15 percent cash dividend for the year ended on December 31 in 2016, said an official disclosure on Tuesday.
Bangladesh’s stocks fail to stay positive at midday
Bangladesh’s stocks failed to stay positive trend at midday on Tuesday as risk-averse investors started to book profit on sector specific stocks.
Bangladesh, Qatar ink MoU on central bank cooperation
Bangladesh and Qatar have signed a memorandum of understanding (MoU) on the cooperation between the two central banks.
IMF says Asia facing risks from rise in protectionism
The International Monetary Fund said Asia’s economic outlook faces “significant” uncertainty and downside growth risks from any sudden tightening in global financial conditions or rise in protectionist trade policies.
Sensex trading flat; realty, metal stocks top gainers
The Sensex and Nifty were trading flat owing to mixed Asian cues.
Indian rupee trading weak at 64.51 on dollar demand, sustained FII outflows
The Indian rupee was trading weak by 20 paisa at 64.51 against the US dollar in early trade on increased demand for the American currency from importers amid sustained foreign fund outflows.
Asian markets muted; South Korean election, Australia budget in focus
Asian equities were mostly muted after soaring in the previous trading session with investors focused on key regional events unfolding in the day, including a presidential election in South Korea and the release of the Australian federal budget.
Gold holds near 7-week low as safe-haven demand fades
Gold prices inched up on Tuesday, but remained near seven-week lows hit in the previous session as safe-haven demand ebbed in the wake of France’s presidential election.
Oil gives up earlier gains as rising US output, China concerns weigh
Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production cuts could be extended.