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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Monday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Northern Jute recommends 40% dividend for 2017
The board of directors of Northern Jute Manufacturing Company has recommended 20 percent cash and 20 percent stock dividend for the year ended on June 30, 2017, said an official disclosure on Monday.
Bangladesh’s stocks stay positive at midday on Monday
Bangladesh’s stocks maintained the upward trend at midday on Monday as optimistic investors remained active on sector-wise stocks.
Fortune lists bKash among 100 companies that are changing the world
Fortune magazine, in its annual list of companies that are changing the world for the better, has listed bKash – a Bangladeshi mobile-based payment system. The list, titled Change the World 2017, includes 100 private companies whose products and services have had a positive impact on people’s lives.
Myanmar’s persecution is genocide: NHRC
Blasting the atrocities on Rohingya people, National Human Rights Commission Chairman Kazi Rezaul Haque said Myanmar’s persecution was tantamount to genocide. “This genocide needs to be tried at international court if needed,” he said during a press briefing at the Deputy Commissioner’s office in Cox’s Bazar.
Indian rupee weakens to 63.87 on fresh dollar demand
The Indian rupee weakened by 9 paisa to 63.87 against the US dollar in early trade at the interbank foreign exchange market today on fresh demand for the greenback from banks and importers.
Sensex up 138 points; capital goods, oil & gas top gainers
The benchmark BSE Sensex was trading higher by nearly 140 points in the late morning session led by capital goods, oil & gas, power and auto stocks amid firm Asian cues.
Asian shares gain as dollar claws back losses and China eases some yuan trading rules
Asian stocks rose on Monday on fading risk aversion as the dollar clawed back losses. Markets also digested headlines concerning developments out of the People's Bank of China and European Central Bank announced at the weekend.
Gold retreats from 1-year high as dollar gains ground
Gold fell early on Monday after hitting its highest level in over a year in the previous session, with a recovery in the U.S. dollar reining in any upward momentum in the metal.
Oil edges up as Saudis discuss extending supply cut
Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts.
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