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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 break two-day gaining streak

Bangladesh’s stocks slipped into the red on Wednesday, snapping a two-day gaining streak, as risk-averse investors sold shares to book profits.

 

Bangladesh shouldn’t rely too much on overseas borrowing: ADBI chief

Bangladesh needs to mobilise domestic investment alongside increasing it in infrastructure with ‘spillover tax revenues’ not relying too much on overseas money as infrastructural needs in Bangladesh remain enormous, says a global development expert.

 

BD’s ranking may inch marginally in doing business index

Bangladesh may likely to expect very little improvement in the World Bank’s Ease of Doing Business ranking, scheduled to be released on Wednesday evening across the world.

 

Educational instt asked to finish exams by Dec 10: EC

Election Commission (EC) has asked educational institutions of the country to complete all examinations before December 10 owing to the upcoming national elections, EC Secretary Helaluddin Ahmed said today.

 

FinMin statement buoys D-Street; Sensex soars 551 points to 34,442

The S&P BSE Sensex rallied 550.92 points or 1.63 per cent to 34,442.05 and the Nifty50 surged 163.40 points or 1.85 per cent to reclaim 10,350 mark as the Finance Ministry made it clear that the autonomy of the central bank, within the framework of the RBI Act, is an essential and accepted governance requirement.

 

Indian rupee recovers from intraday low of 74.14

The Indian rupee wiped off its losses after the Finance Ministry made it clear that the autonomy of the central bank, within the framework of the RBI Act, is an essential and accepted governance requirement.

 

Asia stocks mostly rise in final day of rough October; China data misses expectations

Stocks in Asia mostly posted positive results on Wednesday, pointing to a positive conclusion to what’s been a brutal October for shares.

 

Gold Prices Fall on Stronger Dollar; Hovers Near 2-week Low

Gold prices slid to almost two-week lows on Wednesday, pressured lower by a firmer dollar.

 

Iran sanctions seen keeping oil above $75, but 2019 demand outlook darkens

Oil is likely to stay above $75 a barrel, fueled by supply disruptions exacerbated by U.S. sanctions on Iran, but further gains could be limited as economists and analysts see demand growth slowing next year due to trade wars and economic weakness.

 

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, October 31.

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