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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 IFAD Autos recommends 26pc dividend
Bangladesh’s IFAD Autos has recommended 21 percent cash dividend (other than sponsors/directors) and 5.0 percent stock dividend for all shareholders for the year ended on June 30 in 2017, said an official disclosure on Thursday.

Bangladesh’s Rupali Bank to issue bond BDT 5.0b
The board of directors of Bangladesh’s Rupali Bank Limited has approved the issuance of subordinated bond worth BDT 5.0 billion under private placement, said an official disclosure on Thursday.

Bangladesh’s stocks stay positive at midday
Bangladesh’s stocks stayed in positive trend at midday Thursday as some investors continued their buying appetite on sector-wise issues amid ongoing earnings and dividend declaration session.

Bangladesh envoy to UN urges UNSC to solve Rohingya crisis
Ambassador and Permanent Representative of Bangladesh to the United Nations, Masud Bin Momen urged the United Nations Security Council (UNSC) to take combined and firm steps for permanent solution of humanitarian crises of displaced Rohigyas and Palestinians.

Dollar sets 2-week high vs yen, supported by rise in US yields
The dollar hit its highest in about two weeks versus the yen on Thursday, supported by this week’s rise in US bond yields, with the near-term focus on US President Donald Trump’s decision on the next chair of the Federal Reserve.

Could the 1987 stock market crash happen again?
On the 30th anniversary of the 1987 stock market crash, US stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth.

Asian shares trade mixed after China GDP meets expectations
Major indexes in Asia were mixed on Thursday trade as investors digested a barrage of economic data releases out of China.

Gold hits over 1-week low as dollar holds firm
Gold prices touched the lowest in more than one week on Thursday, as the dollar stood firm on rising U.S. Treasury yields, with investors focusing on who would replace Janet Yellen as the next chair of the Federal Reserve.

Oil markets stable on tighter US market, expected extension of OPEC supply cuts
Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production due to hurricane-enforced closures.