Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s stocks turn mixed at midday Thursday
Bangladesh’s stocks turned mixed at midday on Thursday as investors followed cautious mood ahead of year-closing.
French company Total plans wider business in Bangladesh
French oil company Total has planned to come up with a big investment, particularly in LPG and LNG sectors, in Bangladesh.
WTO meeting ends in discord, some frustrating ministers urge smaller-scale trade talks
The World Trade Organisation failed to reach any new agreements on Wednesday, ending a three-day ministerial conference in discord in the face of stinging US criticism of the group and vetoes from other countries.
Indian rupee strengthens by 16 paisa to 64.28
The Indian rupee strengthened by 16 paisa to 64.28 against the dollar even as the Federal Reserve raised interest rates by a quarter percentage point.
Sensex sheds 153 points, Nifty falls to 10,146 ahead of Gujarat exit polls
The benchmark BSE Sensex was trading down by nearly 100 points as participants tightened their exposure ahead of exit poll results for Gujarat Assembly elections later in the day.
Asian markets are mostly lower, S Korean stocks gain ground
Most Asian markets were marginally lower on Thursday after the Federal Reserve raised interest rates for the third time this year, though South Korea shares were higher.
Gold edges up as dollar holds steady
Gold inched up in early trade on Thursday as the dollar was nearly unchanged after tumbling in the previous session following the U.S. Federal Reserve’s widely expected decision to raise interest rates, although it left the outlook on rates unchanged.
Oil rises on lower US crude stocks, but growing output caps gains
Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week.