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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’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 Wednesday
Bangladesh’s stocks stayed upbeat trend at midday on Wednesday as investors continued their buying spree on sector-wise stocks.
$4.5b credit deal signed with India
Bangladesh today signed a massive credit line agreement of USD 4.5 billion with India.
Suu Kyi stripped of Oxford honour over Rohingya criticism
An honour bestowed on Myanmar leader Aung San Suu Kyi by the city of Oxford has been withdrawn because of her response to the Rohingya crisis.
Indian rupee strengthens by 17 paisa to 65.33
The Indian rupee strengthened by 17 paisa at 65.33 against the dollar today ahead of the announcement of RBI’s monetary policy review. The six-member monetary policy committee (MPC) is due to announce its decision today.
Sensex up 173 points; Sun Pharma, PowerGrid top gainers
The Sensex and Nifty were trading higher by nearly 0.6 per cent due to heavy buying in healthcare, FMCG, oil & gas and power stocks amid firm global cues.
Asia markets trade mixed ahead of Reserve Bank of India policy decision
Asia markets traded mixed on Wednesday, even after U.S. equities closed higher overnight.
Gold prices crawl up as dollar retreats
Gold prices rose on Wednesday after hitting a 7-week low in the previous session, buoyed as the dollar pulled back from a 1-1/2-month high against a basket of currencies.
Oil dips over doubts recent rally will last through fourth quarter
Oil prices eased on Wednesday, with U.S. crude dipping below $50 per barrel, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the year.
BBN/SSK/AD