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.
Bangladesh’s stocks slip into red amid sluggish turnover
Bangladesh’s stocks slipped into the red on Wednesday, snapping a two-day gaining streak, as cautious investors opted for booking profit on bank and telecom stocks.
NRB Commercial Bank MD removed
The central bank of Bangladesh on Wednesday removed NRB Commercial Bank’s Managing Director (MD) and Chief Executive Officer (CEO) Dewan Mujibur Rahman on charges of violating rules and regulations in sanctioning loans.
Prices of potato down while local and imported onion hike
The prices of per kg potato decreased slightly while the prices of per kg local and imported onion increased in Dhaka on Wednesday.
Sensex plunges 213 points, Nifty ends below 10,050 as RBI raises inflation forecast
The benchmark BSE Sensex plunged over 210 points as the RBI’s Monetary Policy Committee has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent but has raised the inflation forecast for remainder of the current financial year to 4.3-4.7 per cent.
Indian rupee weakens to 64.55 as RBI keeps repo rate unchanged
The Indian rupee weakened to 64.55 as the RBI’s Monetary Policy Committee has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent but has raised the inflation forecast for remainder of the current financial year to 4.3-4.7 per cent.
Asia markets decline across the board, with Japan’s Nikkei falling nearly 2%
Asia markets fell sharply almost across the board on Wednesday as the main index in Japan lost nearly 2 percent.
Gold recovers from 2-month low as dollar weakens
Gold prices held above a two-month low on Wednesday, as a softer dollar stopped further losses on concerns over the progress of a U.S. tax reform plan and a potential government shutdown.
Oil falls after rise in US fuel stocks; doubt grows over global growth
Oil prices fell on Wednesday after a surprise rise in U.S. inventories of refined products in what the market interpreted as a sign of flagging demand.
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, December 6.