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 stocks stay upbeat at midday on Tuesday
Bangladesh’s stocks stayed upbeat at midday on Tuesday as optimistic investors remained active on sector-wise issues amid pre-Eid optimism.
Rohingya refugee crisis: Thousands take shelter in no-man’s land
Just a few kilometers from Bangladesh and Myanmar borders is the no-man’s land where thousands of Rohingya refugees have set up temporary shelter along the Tombru canal near the border point in Naikhyangchari upazila of Bandarban.
Indian rupee weakens to 63.96 on month-end dollar demand
The Indian rupee weakened by 5 paisa to 63.96 in early trade due to month-end dollar demand from importers and banks.
Profit-booking drags Sensex down 219 points
The benchmark BSE Sensex plunged nearly 220 points in the morning trade due to profit-booking by investors in recent gainers owing to weak Asian cues.
Asian markets sink after North Korean missile launch as investors turn to safe-haven assets
Asian shares fell on Tuesday as investors turned to safe-haven assets and U.S. futures opened lower after a North Korean missile launch, although major indexes were off session lows in afternoon trade.
Gold climbs to 9-1/2 month high as North Korea tensions escalate
Gold prices rose for a third day on Tuesday to its highest since November as mounting geopolitical tensions over a new North Korean missile launch stoked demand for safe-haven assets and weighed heavily on the dollar and equities.
Flooding knocks out US refineries, crude hit by supply disruptions
Heavy rains from tropical storm Harvey caused large-scale U.S. refinery outages, pushing up gasoline prices, while crude prices rose in early Asian trade on Tuesday on the back of supply disruptions in Colombia and Libya.