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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s four companies recommend dividend
Bangladesh’s four more listed companies – Square Pharmaceuticals, Square Textile, Aamra Networks and Aamra Technologies – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Tuesday.
Bangladesh’s stocks fail to stay positive at midday
Bangladesh’s stocks turned negative at midday on Tuesday as cautious investors sold shares on sector-wise issues.
BB concerned about solvency of Sonali Bank UK Ltd
The central bank voiced its concerns regarding the solvency of Sonali bank UK Ltd in a report titled “Comprehensive Inspection report on Sonali bank (UK),” which was sent to Financial Institutions Division under the Ministry of Finance last week.
UN report on Rohingya hunger shelved at Myanmar's request
The United Nations food aid agency withdrew a critical report revealing desperate hunger among the persecuted Rohingya population after the Myanmar government demanded it be taken down, The Guardian has learned.
‘Rohingya boats are sometimes deliberately drowned for money’
Many of the thousands of desperate Rohingya men, women and children, fleeing persecution in Myanmar’s Rakhine state, have been victims of frequent boat capsizes in recent weeks.
Indian rupee weakens to 64.94 on spurt in dollar demand
The Indian rupee weakened to 64.94 against the US currency in late morning trade due to continued bouts of dollar demand from banks and importers and a strong dollar overseas.
Sensex trading flat; realty, PSU stocks major gainers
The Sensex and Nifty were trading flat due to profit-booking by funds and retail investors amid firm Asian cues. Domestic sentiment was also hit due to weak rupee and continued foreign fund outflows.
Stocks in Asia climb as dollar edges up; copper holds onto gains
Stocks in Asia rose on Tuesday as commodities held onto most overnight gains made on the back of better-than-expected China producer prices.
Gold prices hold steady as geopolitical tensions support, firm dollar drags
Gold prices were mostly steady on Tuesday, pressured by a firmer dollar but supported by worries over geopolitical tensions in the Middle East and on the Korean peninsula.
Risk premium returns to oil over Iraq fighting, rising US-Iran tensions
A risk premium has returned to oil markets, boosting global prices as escalating fighting in Iraq threatens supplies while political tensions loom between the United States and Iran.
BBN/SSK/AD