Photo: Investing.com

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 stay down at midday Thursday
Bangladesh’s stocks stayed on the downward trend at midday on Thursday as investors continued their selling spree on sector-wise stocks.

Zurich is world’s most expensive city
The Swiss banking capital is still the world’s most expensive city, according to the 17th edition of a report from the Swiss bank UBS, published Tuesday, May 29. When it comes to buying power, however, Los Angeles residents’ salaries go furthest.

Short-covering ahead of F&O expiry lifts Sensex 111 points; GDP data eyed
The Sensex was trading higher by over 110 points on firm global cues and sustained buying by domestic institutional investors.

Rupee weakens to 67.59 on dollar demand; GDP, fiscal deficit data eyed
The rupee weakened to 67.59 in late morning deals following sudden bouts of dollar demand from importers and banks, despite a strong domestic equity market.

Asian stocks recover after Italian political concerns ease
Asian stocks made moderate gains on Thursday as global markets recovered after recent fears about Italy faded.

Gold prices edge higher as the dollar slips
Gold prices edged up early on Thursday, as the dollar eased from 6-1/2 month highs hit earlier this week on a weaker-than-expected U.S. economic data, with prices further supported by concerns about the trade war.

Oil prices dip on unexpected growth in US crude stocks
Oil prices dropped on Thursday, weighed down by a surprise rise in U.S. crude inventories and by expectations that OPEC and other producers could increase output at a meeting in June.
BBN/SSK/AD