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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Monday’s midday business round up compiling reports, published by different newspapers and news portals in Bangladesh.
Bangladesh Taka depreciates five paisa more against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum five paisa more against the US currency in early hour transactions on Monday in inter-bank foreign exchange (forex) market.
Bangladesh’s stocks fail to maintain positive note
Bangladesh’s stocks failed to maintain morning positive note at midday on Monday as worried investors continued to sell their holdings to avoid further loss.
Bangladesh’s International Leasing recommends dividend
The board of directors of International Leasing and Financial Services Limited has recommended 5.0 percent stock dividend for the year ended on December 31 in 2016, said an official disclosure on Thursday.
IFC to invest $2bn in Bangladesh in next 2yrs
The International Finance Corporation (IFC), a sister concern of the World Bank, will invest US$2 billion in Bangladesh in next two years, said Finance Minister AMA Muhith.
Mastercard partners with two PCBs
Mastercard has recently partnered with Dhaka Bank Ltd and NCC Bank Ltd, two private commercial banks (PCBs).
LafargeHolcim CEO to depart in wake of Syria controversy
LafargeHolcim (S:LHN) Chief Executive Eric Olsen will leave the company in July, the world's largest cement maker said on Monday, in the wake of an investigation into allegations the company paid armed groups in Syria to keep a plant operating.
Sensex up 130 points with sectoral recovery
The BSE benchmark Sensex was trading steady in late morning trade on Monday as investors took to optimistic buying ahead of Reliance Industries’ quarterly earnings amid firm Asian cues.
Gold prices slump in Asia on French polls results
Gold prices slumped in Asia on Monday as risk concerns eased after the French election went widely as expected, pitting centrist Emmanuel Macron and far-right leader Marine Le Pen in a May 7 runoff.
Indian rupee gains 12 paisa against US$
The Indian rupee recovered by 12 paisa to 64.49 against the US dollar in early trade on Monday on increased selling of the US currency by exporters and banks amid a higher opening in the domestic equity market.
Shares in Asia turn mixed after first round of French polls
Equities in Asia turned mixed on Monday following the widely-expected results of the first round of presidential elections in France, with Emmanuel Macron and Marine Le Pen headed for a run-off on May 7.
Crude prices up in Asia after French polls eyed
Crude prices held stronger in Asia on Monday in a relief rally after the French election went widely as expected, pitting centrist Emmanuel Macron and far-right leader Marine Le Pen in a May 7 runoff and attention turned to the Korean peninsula and tensions that sparked calls between President Donald Trump and the leaders of Japan and China.
BBN/SS/ANS