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 extend losses for third day
Bangladesh’s stocks extended the losing streak for third straight session on Thursday as risk-averse investors booked profit on sector-wise stocks.
China, India allow huge under-invoicing in exports to Bangladesh
China and India are allowing a massive under-invoicing of their exports in Bangladesh, violating the rules of the World Trade Organisation (WTO), according to an East Asia Forum article.
Roads that will remain off-limits on Pahela Baishakh
Owing to the Pahela Baishakh celebrations, traffic movement will be restricted on seven routes in Dhaka city on Saturday.
Baby born in China four years after parents’ death
A baby boy was born in China to a surrogate mother from Laos four years after his parents died in a car crash, reports Chinese media.
Sensex ends higher by 161 points; TCS stock climbs over 4%
The benchmark Sensex advanced for the sixth straight session to end above the key 34,000-level, led by gains in IT, TECk, banking and capital goods stocks.
Indian rupee slumps to 65.45; retail inflation data eyed
The Indian rupee slumped to over five-month low of 65.45 against the US dollar due to increased demand for the American currency from banks and importers.
Asian shares drift lower amid US-Russia tensions on Syria
Asian stocks closed lower on Thursday as investor confidence seen earlier in the week wavered overnight amid geopolitical tensions.
Gold falls from 11-week high on stronger dollar, profit-taking
Gold slipped from an 11-week high on Thursday as the dollar gained and investors booked profits, but rising tensions over military escalation in Syria prevented further losses.
Oil edges off highs, but geopolitical tensions loom
Oil markets edged back from highs last reached in late 2014 as ample supplies weighed, but prices were underpinned by worries over military escalation in Syria and trade tensions between the United States and China.
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, April 12.