Bangladesh, Dhaka (BBN) – Bangladesh Business News prepares Tuesday’s evening business round up compiling reports, published by different newspapers and news portals.
Maldives to recruit workers from Bangladesh, its FM says
The Maldives will recruit workers from Bangladesh by creating a solid framework under an agreement, said visiting Foreign Minister of the Maldives Abdulla Shahid. “Today we’ll be signing two memoranda. The memorandum of understanding on the placement of human resources between the two countries to provide a solid framework for the recruitment of human resources from Bangladesh,” he said at a joint press briefing after bilateral talks at state guesthouse Padma.
Protein behind slow Covid spread in Asia: Study
Deficiency in a particular human protein, which is more common in Europe and the United States than in Asia, could explain why coronavirus is not spreading as fast in Asian countries. A team of scientists from the National Institute of Biomedical Genomics in Kalyani, West Bengal, have found a biological reason for the slower spread of a mutant of coronavirus in Asia compared to the West, reports Times of India.
WHO says ‘most likely’ pathway of Covid virus was from animals to humans, dismisses lab leak theory
An international team of scientists led by the World Health Organization said Tuesday that the search for how the coronavirus was first introduced remains a “work in progress,” with further research needed into how and whether the disease circulated in animals before infecting humans. Scientists have been working in the Chinese city of Wuhan, where the disease was first identified, for the past four weeks as part of their search for clues to the origins of the Covid-19 pandemic.
China stocks lead gains in mixed session in Asia; Brent holds above $60 per barrel
Stocks in Asia-Pacific mostly advanced Tuesday with Chinese mainland shares leading gains. The benchmark Shanghai composite rose 2.01% to 3,603.49 while the Shenzhen component advanced 2.36% to 15,630.57. In Hong Kong, the Hang Seng index rose 0.53% in late-afternoon trade. Japan’s Nikkei 225 gained 0.4% to 29,505.93.
Oil climbs to 13-month highs, as supply cuts, demand optimism support
Oil prices edged up on Tuesday to their highest in 13 months as supply cuts by major producers and optimism over fuel demand recovery support energy markets. Brent crude futures for April gained 4 cents to $60.60 a barrel. U.S. West Texas Intermediate crude (WTI) for March was 8 cents lower at $57.89 per barrel. Both Brent and WTI are at their highest since January 2020. Front-month prices for both contracts are up for the seventh session on Tuesday, the longest win streak since January 2019.
Gold hits one-week high as dollar slides, platinum extends gains
Gold prices jumped 1% to a one-week high on Tuesday in response to a weaker dollar and expectations of substantial U.S. fiscal stimulus, while platinum climbed to its highest in more than four years. Spot gold rose 0.8% to $1,844.20 per ounce, after hitting its highest level since Feb. 2 at $1,848.40 earlier in the session. U.S. gold futures gained 0.7% to $1,846.40.