Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.
Bangladesh’s stocks plunge for second day at closing
Bangladesh’s stocks ended lower on Thursday with the key index of the Dhaka Stock Exchange (DSE) dipping below 5,700-mark as investors went on selling spree, especially on bank and telecom issues.
BD growth a very good example: ADB
The Asian Development Bank (ADB) has said Bangladesh can be a very good example of economic growth for the other countries to follow in Asia. Lauding the country’s impressive growth, ADB president Takehiko Nakao said this while replying to a reporters’ query during a crowded press conference in Manila, Philippines on Thursday.
100 killed as powerful storms ravage north India
Powerful dust storms tore across northern India killing at least 100 people and injuring more than 140 as they flattened houses in their path and warnings were made Thursday of more chaos to come.
Sensex sheds 73 points; Wipro, Kotak Bank fall nearly 2%
The Sensex broke its four-day winning streak to end down by over 70 points as world stocks made little progress due to simmering trade tensions between the United States and China.
Indian rupee strengthens to 66.52
The Indian rupee strengthened to 66.52 increased selling of the greenback by exporters and banks.
Asia markets close mixed as investors focus on US-China trade talks, Fed
Asian shares closed mixed on Thursday as U.S.-China trade talks kicked off and investors digested an acknowledgment by the Federal Reserve that inflation had moved nearer its target.
Gold extends gains; all eyes on US-China trade talks
Gold prices rose for a second session on Thursday after the U.S. Federal Reserve held interest rates steady as expected at the end of a two-day policy meeting, while investors awaited U.S.-China trade talks.
Oil prices dip on rising US crude inventories, record production
Oil dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that undermined efforts by OPEC to cut supplies, although potential new U.S. sanctions against Iran kept markets on the edge.
Top 5 things to know in the market on Thursday
Here are the top five things you need to know in financial markets on Thursday, May 3.