DHAKA: A UK exit from the European Union could mean the UK misses out on up to 5.6% of GDP growth by 2019. The IMF has warned, reports the BBC. Brexit is the ‘largest near-term risk’ to the UK economy, the IMF said in its annual UK economic outlook. It added that the net

DHAKA: Microsoft has teamed up with California-based technology start-up Kind Financial, which helps businesses and government agencies track sales of legalized marijuana “from seed to sale”. It is the first-ever partnership of its kind for Microsoft, reports the BBC. Kind has

DHAKA: Volkswagen plans to launch 30 all-electric models to reposition itself as a leader in ‘green’ transport. Matthias Mueller, chief executive of Europe’s biggest carmaker, said huge investments would be needed as the firm moves beyond the ‘dieselgate’ scandal. He hopes

DHAKA: The Bank of England has warned that uncertainty about the EU referendum is the ‘largest immediate risk’ facing global financial markets. The Bank said there were ‘risks of adverse spill-overs to the global economy’ from the 23 June vote. It was ‘increasingly

DHAKA: The UK unemployment rate has fallen to 5%, the lowest since October 2005, according to official figures. The unemployment total fell to 1.67 million in the February-to-April period, down 20,000 from the previous quarter, the Office for National Statistics (ONS) said, reports the

DHAKA: Past and present Unilever bosses have said the firm would be ‘negatively impacted’ by Brexit. Economic uncertainty in the event of a UK vote to leave the EU would hit the consumer goods giant, a spokesman said, reports the BBC. He said Unilever was responding to questions

DHAKA: Engineering giant Rolls Royce has written to employees saying it wants the UK to stay in the European Union. Brexit would ‘limit any company’s ability to plan and budget for the future’, the firm said, reports the BBC. Meanwhile, the CBI has said a vote to Leave would

DHAKA: Investors witnessed rise in the benchmark indices of the country’s bourses – Dhaka Stock Exchange and Chittagong Stock Exchange- on Wednesday. The key index of Dhaka Stock Exchange, DSEX, rose over 2.90 points and 0.06 percent to stand at 4411.99 at the opening. Trade

DHAKA: Stocks in Japan ended a four-day losing streak and closed higher, despite shares in the US and Europe falling sharply on Tuesday on worries over the UK’s referendum on EU membership. Japan’s benchmark Nikkei 225 index closed up 60.58 points, or 0.4%, at 15,919.58, reports

DHAKA: George Osborne says he will have to slash public spending and increase taxes in an emergency Budget to tackle a £30bn ‘black hole’ if the UK votes to leave the European Union. The chancellor will say this could include raising income and inheritance taxes and cutting the

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses – Dhaka Stock Exchange and Chittagong Stock Exchange- on Wednesday. The key index of Dhaka Stock Exchange, DSEX, shed over 2.14 points and 0.04 percent to stand at 4406.94 at the opening. Trade

DHAKA: After witnessing loss in share price indices for two consecutive days, the two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- saw inflation on Tuesday (June 14). DSEX, the prime index of Dhaka Stock Exchange (DSE), acquired over 3.68

DHAKA: After witnessing loss in share price indices for consecutive days, the two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing inflation at the opening hours on Tuesday (June 14). DSEX, the prime index of Dhaka Stock

DHAKA: Investors across Asia remained cautious again on Tuesday ahead of several key events in the coming two weeks, including the UK’s EU referendum. After closing down 3.5% on Monday, Japan’s Nikkei 225 opened in positive territory, though only just. The benchmark was up 0.12%

DHAKA: Sterling see-sawed on Monday as investors reacted to growing uncertainty over the outcome of the UK's EU referendum. The currency initially slipped against the dollar and euro, only to start recovering in mid-afternoon trading, reports the BBC. Meanwhile, the

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss in both share price indices on Monday (June 13). DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 3.99 points or 0.09 percent to stand at 4405.40

DHAKA: Japan’s benchmark Nikkei 225 was down more than 2% in early trade on Monday as a stronger yen hurt big exporters like Toyota. Investors were also wary ahead of central bank meetings later this week. The US Federal Reserve and the Bank of Japan are both due to hold meetings,

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing mixed trends in share price indices at the opening hours on Monday (June 13). DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 0.94 points or 0.02

DHAKA: The week started seeing loss in the two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- in share price indices on Sunday (June 12). DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 9.58 points or 0.21 percent to stand at

DHAKA: Low income families could receive hundreds of pounds less in benefit payments if the UK leaves the EU, according to an economic think tank. In its central forecast, the National Institute of Economic and Social Research (NIESR) said some households could lose up to £2,771 a