Tuesday’s evening business round up of Bangladesh

Last updated: April 3, 2018

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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.

Bangladesh’s stocks slip into the red after three days
Bangladesh’s stocks returned to the red on Tuesday, breaking a three-day gaining streak, as risk-averse investors opted to book quick gain.

Samsung phones to be assembled in Bangladesh
Samsung will be assembling its smartphones in Bangladesh, the first batch of which is expected to come out in the market before Eid-ul-Fitr in June.

Primary and Mass Education minister: MCQ questions to be scrapped from this year
To prevent question paper leak, the government has decided to scrap MCQ questions from Primary Education Completion (PEC) examinations from this year, Minister for Primary and Mass Education Md Mustafizur Rahman MP has said.

Dhaka, Kolkata launch first freight train services
In an unprecedented move, India and Bangladesh have started a freight train service between Kolkata and Dhaka.

Facebook used to ‘incite real harm’ in Myanmar: Zuckerberg
Facebook's chief executive and co-founder Mark Zuckerberg on Monday said the social media company is aware that its tools have been used to spread anti-Rohingya propaganda and "incite real harm" in Myanmar.

HC asks 8 stock scam accused to surrender
The High Court today directed eight accused of two cases filed in connection with 1996 share market scam to surrender before a trial court.

Malaysia intercepts boat carrying Rohingyas, more perilous sea journeys expected
Malaysia has intercepted a boat carrying 56 Rohingya refugees from Myanmar off its northern island of Langkawi, authorities said on Tuesday, with rights groups expecting further perilous journeys by sea after last year’s surge in violence in Myanmar.

Sensex ends higher by 115 points; Nifty closes at 10,245
The Sensex and Nifty ended higher on heavy buying in power, infrastructure, PSU and bank stocks amid weak global cues. Gains in state-run lenders were offset by the losses in tech stocks such as Wipro.

Indian rupee strengthens to 64.98
The Indian rupee strengthened to 64.98 on fresh selling of the greenback by exporters. According to a forex dealer, weakening of dollar against other currencies overseas supported the rupee.

Asia closes lower after Wall Street sinks on tech, trade worries
Asian shares closed lower on Tuesday, although losses in the region were slighter than the declines seen stateside in the last session amid a drop in tech stocks and trade-related worries.

Gold slips, but mounting trade worries offer support
Gold prices eased on Tuesday after gaining more than 1 percent in the previous session, even as a sell-off in global equities amid concerns over a trade war between China and the United States continued to support the safe-haven metal.

Oil inches up, but rising Russian output still weighs
Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude prices were offset by a potential slowdown in U.S. production.

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