Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Thursday’s midday in Bangladesh.
Bangladesh Taka depreciates two paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum two paisa against the US currency in early hour transactions on Thursday in inter-bank foreign exchange (forex) market.
Bangladesh’s stocks turn negative at midday
Bangladesh’s stocks failed to stay positive at midday on Thursday as the risk-averse investors started to book profit on quick-gaining stocks.
Shahjalal Bank recommends 15pc dividend
Shahjalal Islami Bank has recommended 10 per cent cash dividend and 5.0 per cent stock dividend for the year ended on December 31, 2016, said an official disclosure on Thursday.
US dollar weaker against yen in Asia, Fed, Trump views weigh
The US dollar held weaker against the yen in Asia on Thursday on a Fed minutes reading that some saw as a bit less hawkish than expected and as uncertainty swirls around President Donald Trump’s plans to cut taxes and boost spending and the tenor of a summit meeting with the president of China.
Crude oil holds weaker in Asia with investors awaiting US-China summit
Crude oil held weaker in Asia on Thursday after a surprise rise in US inventories and as markets await the tone of summit talks with Chinese President Xi Jinping on starting later in the day in Florida.
Gold gains in Asia as Fed views on rates mulled
Gold gained in Asia on Thursday as investors parsed the latest Fed minutes for the pace of expected rate hikes and a weaker dollar supported demand
Sensex sheds 144 points; metal, FMCG stocks plunge
The benchmark BSE Sensex was trading down by nearly 150 points as investors remained cautious ahead of the RBI’s monetary policy to be announced later in the day.
Indian rupee weakens by 18 paisa to 65.05 on fresh US dollar demand
The Indian rupee depreciated 18 paisa to 65.05 against the US dollar in early trade at the Interbank Foreign Exchange market Thursday on fresh demand for the American unit from importers and banks.
Asian markets in the red with Trump-Xi summit eyed
Asian markets mostly fell on Thursday morning, tracking losses on Wall Street after the Federal Reserve released its March Federal Open Market Committee (FOMC) minutes which was viewed as hawkish, with China bucking the trend.