File photo:

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 Sandhani Life Ins recommends 20pc dividend
Sandhani Life Insurance Company of Bangladesh has recommended 20 percent stock dividend for the year ended on December 31 in 2017, said an official disclosure on Thursday.

25-km tailback on Dhaka-Ctg highway
Hundreds of passengers were stuck in a 25-kilometre tailback on the Dhaka-Chittagong highway today.

Bangladesh’s stocks stay positive at midday Thursday
Bangladesh’s stocks stayed in the positive trend at midday on Thursday as some investors remained active on sector-wise stocks.

Sensex edges down 49 points; Kotak Bank, Vedanta slump 3%
The Sensex was down 49.49 points or 0.13 per cent at 37,802.51 and the Nifty down 11.6 points or 0.1 per cent at 11,423.50.

Indian rupee hits record low of 70.32 as trade deficit widens to over 5-year high of $18.02 billion
The Indian rupee dropped to a record low of 70.32 in early trade with investor sentiment affected by a widening trade deficit on the domestic front and the broad rise in the US dollar versus other Asian peers.

Asian shares pare some losses after positive US-China trade developments
Asian shares slipped on Thursday, but pared some of the steeper losses seen earlier after China announced it was planning for a new round of trade talks with the United States.

Gold pares losses from 19-month low as US dollar softens
Gold pared heavy early losses that came in the midst of a broad commodity sell-off on Thursday, bouncing off of a 19-month low on short covering and a softer U.S. dollar following news that Beijing will hold trade talks with Washington this month.

Oil rises as China, US set for trade talks, but markets weary of slowing demand
Oil prices on Thursday recouped some of the previous day’s losses after Beijing said it would send a delegation to Washington to try to resolve trade disputes between the United States and China that have roiled global markets.