Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.
JP MP sued for misappropriating Tk 275cr loan of Basic Bank
Anti-Corruption Commission (ACC) today sued Jatiya Party lawmaker Mahjabeen Morshed, her husband and five others for allegedly misappropriating around Tk 275crore of Basic Bank.
World Bank projects 6.7pc growth for current year
World Bank’s Global Economic Prospects released today projected that that Bangladesh economy would grow by 6.7 per cent in the current fiscal year (FY18).
Airport road, surrounding areas in total gridlock
The roads in and around the Hazrat Shahjalal International Airport in Dhaka are completely gridlocked following protests over the arrival of a top religious scholar from India to attend the Biswa Ijtema.
Sensex ends flat; TCS stocks spurt 3.6% ahead of results
The S&P BSE Sensex ended marginally lower as investors remained cautious ahead of key corporate earnings later this week and the Union Budget next month.
Indian rupee trading strong at 63.66
The Indian rupee was trading strong at 63.66 against the dollar due to mild selling of the US currency by exporters and the dollar’s against other major global currencies.
Most major Asian markets trade lower, but Hong Kong shines
Major Asian markets closed mostly lower on Wednesday despite a solid lead from Wall Street overnight, but Hong Kong stocks bucked the trend and closed higher for a 12th straight day.
Gold jumps to near 4-month high as dollar slips sharply
Gold jumped to its highest in nearly four months on Wednesday as the dollar tumbled to a six-week low versus the Japanese yen and slid against the euro, lifting assets priced in the U.S. currency and offsetting a rise in global yields.
US oil hits highest since 2014, worries grow of overheated market
U.S. oil prices hit their highest since 2014 on Wednesday as OPEC-led production cuts and healthy demand helped to balance the market, but analysts warned of possible overheating.
Top 5 things to know in the market on Wednesday
Here are the top five things you need to know in financial markets on Wednesday, January 10.