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 return to green after two days
Bangladesh’s stocks returned to the green, snapping a two-day correction, as some investors took position on sector-wise stocks amid optimism.
Bangladesh’s 12 mutual funds declare dividend
Bangladesh’s 12 mutual funds declared dividend income for the year ended on June 30 in 2017, says separate disclosures on Thursday.
Indian rupee tumbles to 64.10 on increased dollar demand
The Indian rupee tumbled by 26 paisa to 64.10 against the US dollar on increased demand for the American currency from importers and banks amid foreign fund outflows.
Sensex plunges 266 points; Tata Motors tanks 8.6%
The Sensex and Nifty ended lower for a fourth straight session on Thursday, as Tata Motors dragged indexes down after its results failed to meet expectations, while sentiment was also hurt by worries about simmering US-North Korea tensions.
Asian markets remain jittery amid heightened North Korea tensions
Markets in Asia remained jittery in Thursday trade, although the escalation in tensions surrounding North Korea appeared to wane slightly.
Gold hits two-month peak on North Korea war of words
Gold hit the highest levels in two months on Thursday as the United States and North Korea exchanged more threats, prompting investors to buy bullion as a safe haven asset.
Oil prices rise toward $50 as Saudis cut exports and US stockpiles fall
Oil prices rose on Thursday, lifted by a sustained decline in inventories and as Saudi Arabia prepared to cut crude supplies to its prized Asian customers.
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, August 10.
VW Group, Tata Motors end talks on emerging markets cooperation
Cooperation talks between Germany’s Volkswagen Group (DE:VOWG_p) and India’s Tata Motors (NS:TAMO) about joint development of a car for emerging markets have ended amicably, the two companies said on Thursday.
OPEC sees higher 2018 oil demand, but raises output again
OPEC forecast higher demand for its oil in 2018 due to rising global consumption and slower supply growth from rivals, although another jump in the group’s output suggested the market will remain in surplus despite efforts to rein in production.