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.
United Power, CMC Kamal recommend dividend
Bangladesh’s United Power Generation & Distribution Company and CMC Kamal have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosure on Tuesday.
Bangladesh’s stocks turn volatile at midday
Bangladesh’s stocks turned volatile at midday on Tuesday as cautious investors started to book some profit on sector-wise stocks.
Suu Kyi loses Freedom of Oxford over Rohingya crisis
Aung San Suu Kyi has been formally stripped of the Freedom of the City of Oxford award over her response to the repression of her country’s Rohingya Muslims.
Sensex down 40 points; PSU, oil & gas stocks slip
The Sensex and Nifty were trading marginally lower due to profit-booking by funds and retail investors amid weak global cues.
Indian rupee jumps to over 2-month high; bonds remain weak
The Indian rupee rose to its highest in over two months on strong dollar inflows on Tuesday.
Asian indexes trade mixed as dollar firms
Most major Asian indexes edged higher on Tuesday, following a narrowly mixed close on Wall Street overnight.
Gold inches lower; Fed chair hearing, US tax reforms in focus
Gold prices edged lower on Tuesday but held not far off a six-week high hit in the previous session, as investors awaited a confirmation hearing for U.S. Federal Reserve chair nominee Jerome Powell and a possible Senate vote on U.S. tax reforms.
Oil prices fall on uncertainty over OPEC output cuts, pipeline restart
Oil prices slipped in early Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers and expectations of higher supply as the Keystone pipeline restarts.