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.
Export earnings grow by 7.0% in nine months
Bangladesh’s export earnings grew by nearly 7.0 per cent in the first nine months of the ongoing fiscal year (FY) 2017-18 following higher shipment of apparel products.
7.65% growth projected in 2017-18 fiscal
Bangladesh government is expecting to make a huge leap in growth during the running 2017-18 fiscal. Sources at the planning ministry say, the government is expecting that the GDP or growth will reach 7.65 per cent this year, what was targeted at 7.24 per cent during the budget preparation.
Bangladesh’s stocks maintain positive trend at midday
Bangladesh’s stocks maintained the positive trend at midday on Tuesday as investors continued their buying spree on large-cap stocks encouraged by the government’s steps to mitigate the ongoing liquidity crunch.
Rohingya crisis: UN asst secy gen travelling to Myanmar
United Nations’ Assistant Secretary-General for Humanitarian Affairs and Deputy Emergency Relief Coordinator, Ursula Mueller, is travelling to Myanmar.
Russia creates ‘tourist police’ for World Cup
Russia is looking for a few good men and women who can shoot a gun and speak a bit of English.
Sensex sheds 71 points as manufacturing PMI falls to 5-month low of 51.0
Essel Mutual Fund is eyeing assets under management (AUM) of ₹8,000-9,000 crore by end-March 2019. Read more
Indian rupee trading strong at 65.06
The Indian rupee was trading strong at 65.06 on fresh selling of the greenback by exporters.
Asia trades lower after Wall Street sinks on tech, trade worries
Asian shares slipped 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.