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 Wednesday midday
Bangladesh’s stocks stayed in upbeat trend at midday on Wednesday as optimistic investors continued their buying spree on sector-wise stocks.
Bangladesh-Myanmar talks begin amid high hopes of Rohingya repatriation
Bangladesh and Myanmar has began their long-sought two-day talks with high hopes that it will yield outcomes to sign an MoU enabling both the countries to start the repatriation process of all the Rohingyas from Bangladesh to their homeland Myanmar.
Uber conceals huge data breach
Uber concealed a hack that affected 57 million customers and drivers, the company has confirmed.
BD needs 20pc more new power connections annually: UNCTAD
Bangladesh requires some 20-30 per cent more new electricity connections every year to achieve the universal access to electricity by the year 2030.
Indian rupee up 14 paisa at 64.75
The Indian rupee climbed 14 paisa to 64.75 against the US currency due to dollar selling by banks and exporters and a firm domestic equity market.
Sensex trading marginally higher; Adani Ports gains over 2%, HDFC 1.4%
The Sensex and Nifty were trading marginally higher on institutional buying, strengthening of rupee and positive global cues.
Asia markets trade higher on Wednesday
Asia markets rose on Wednesday, taking overnight cues from Wall Street where stocks rose to record highs after a rally in tech names lifted the broader market.
Gold prices nudge up ahead of Fed meeting minutes
Gold prices inched up early on Wednesday as investors remained cautious ahead of the release of minutes from the U.S. Federal Reserve’s last meeting, which could offer hints on the outlook for the central bank’s monetary policy.
Oil prices firm on expected OPEC cut extension
Oil prices firmed on Wednesday after a reported fall in U.S. crude inventories and on expectations that an OPEC-led production cut aimed at tightening the market will be extended beyond March 2018.