Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.
Profit rates on savings instruments to be cut by up to 2%
The profit rate on savings instruments may be reduced by as much as 2% from next month after the government decided to adjust the rate to ease its loan burden.
Bangladesh Taka remains stable against $US at closing
Bangladesh Taka remained stable against the US dollar during the evening transactions on Wednesday in the inter-bank foreign exchange (forex) market.
Bangladesh’s stocks end flat amid seesaw trade
Bangladesh stocks closed flat amid seesaw trade on Wednesday, as late profit booking cut early gains.
8 bodies found as search resumes in hills, death toll 141
Eight bodies were recovered in Chittagong, Bandarban and Cox’s Bazar this morning as search resumed in the hilly districts, where the death toll from landslide and flash flood topped 141.
Sensex trading flat ahead of Fed outcome; realty, oil & gas top gainers
The Sensex and Nifty were trading flat tracking tepid Asian markets ahead of the outcome of the US Federal Reserve meeting, while index heavyweight Reliance Industries gained after its telecom unit reported strong April subscriber additions.
Indian rupee up 2 paisa at 64.31
The Indian rupee firmed up 2 paisa to 64.31 against the dollar in early trade even as traders expect an increase in interest rates by the US Fed at its policy meet today.
Asia closes mostly lower following release of China industrial data; Fed awaited
Equities in Asia closed mostly lower on Wednesday as China data came in mostly in line with expectations and markets awaited the Federal Reserve’s decision on monetary policy.
Gold edges higher; fed meeting in focus
Gold inched up on Wednesday as the market waited for direction from the outcome of a two-day U.S. Federal Reserve meeting, with the central bank expected to hike interest rates and give indications on its monetary policy for the rest of the year.
Oil prices fall as OPEC output, US crude stockpiles rise
Oil prices fell on Wednesday after industry data showed a build in U.S. crude stocks and OPEC reported a rise in its production despite a pledge to cut output.
Top 5 things to know in the market on Wednesday
Here are the top five things you need to know in financial markets on Wednesday, June 14.