DHAKA: BP holds its annual shareholders’ meeting on Thursday with some investors planning to vote against chief executive Bob Dudley’s 20% pay rise. Shareholders in the oil giant are concerned that rises for Dudley and other executives come despite job cuts and falling profits,

DHAKA: Asian stock markets held on to gains in Thursday trading, following the positive trend from US and European markets. South Korea has returned from a public holiday. At the end of the session, the Kospi index closed up 1.75% at 2,015.93. In Japan, the benchmark Nikkei 225

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Wednesday (April 13), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 01.11 points

DHAKA: The UK’s exit from the European Union could cause ‘severe regional and global damage’, the International Monetary Fund has warned in its latest outlook. A so-called ‘Brexit’ would disrupt established trading relationships and cause ‘major challenges’ for both the

DHAKA: The European Union has unveiled plans to force large companies to disclose more about their tax affairs. They will have to declare publicly how much tax they pay in each EU country as well as any activities carried out in specific tax havens, reports the BBC. The rules on

DHAKA: UK inflation as measured by the Consumer Prices Index rose to 0.5% in March, according to the Office for National Statistics (ONS). A sharp increase in air fares, due to the earlier timing of Easter, was the main reason behind the rise from February’s rate of 0.3%, the ONS

DHAKA: Japanese markets traded higher on Tuesday, as a recent rally in the yen tapered off overnight. At the open, Japan’s benchmark Nikkei 225 index rose 0.88% or 139.26 points to 15,890.39, reports the BBC. The Japanese yen dipped to 108.20 against the US dollar from 107.94 in

DHAKA: After two days of negative trends, the two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing inflation of share price indices at the opening hours on Tuesday (April 12), the third trading session of the week. DSEX, the

DHAKA: Prime Minister Sheikh Hasina on Monday (April 11) directed the finance ministry to sanction Tk 1,000-crore for the jute sector. Of the amount, Tk 300-crore will be spent to pay the workers’ salary and allowance arrears. The premier made the directives to the finance

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed deflation of share price indices for the second consecutive day on Monday (April 11), the second trading session of the week.   DSEX, the prime index of Dhaka Stock

DHAKA: Dubai plans to build a tower that will stand higher than its Burj Khalifa, currently the world’s tallest skyscraper, property developer Emaar said on Sunday.   The viewing tower will cost around $1bn and will be ‘a notch’ taller than Burj Khalifa, Emaar chairman Mohamed

DHAKA: Grameenphone, the largest telecom operator in Bangladesh, has partnered up with Wikimedia Foundation to provide Wikipedia for Grameenphone users at free of cost. GP made the disclosure through a press release on Sunday. The Wikimedia Foundation, Inc. is a nonprofit charitable

DHAKA: The Volume of next fiscal year (FY) budget will be Tk 264,000 crores while Gross Domestic Product (GDP) growth will be 6.2 percent. Finance Minister AMA Muhith made the disclosure when receiving a cheque from a financial institution at his secretariat office on Sunday. BDST:

DHAKA: A four-day international tourism fair has begun in city on Friday afternoon (April 8). Civil aviation and tourism minister Rashed Khan Menon inaugurated the fair at Pan Pacific Sonargaon hotel. The minister in his inaugural speech highlighted the historic and touristic

DHAKA: The UK’s trade deficit was worse than expected in February, official figures show, as its goods trade gap with the EU widened to a record level. The Office for National Statistics (ONS) said the goods trade deficit was £12bn in February, while January's figure was revised

DHAKA: The World Trade Organization on April 7 revised its 2016 global trade forecast downward by more than one percentage point, warning that a slowdown in China and broad market volatility continued to threaten growth. In September, the WTO estimated that global trade would rise by

DHAKA: Anti Corruption Commission (ACC) will investigate the involvement of Bangladeshis in tax evasion scam that has been leaked in Panama. ACC secretary Abu Mohammad Mustafa Kamal confirmed the matter to banglanews on Thursday afternoon (April 7). According to the official, a

DHAKA: Budget for 2016-17 fiscal year would be placed at national parliament on June 2. Finance minister AMA Muhith made the disclosure on Thursday (April 7) in a meeting with business leaders in the capital. The volume of this budget will be Tk 340,000-crore, he added. BDST:

DHAKA: Most Asian markets are off to a positive start on Thursday, tracking gains from Wall Street. South Korea’s Kospi index opened up 5 points, or 0.27%, to 1,976.68. Samsung shares are trading much higher, up by nearly 2%. The company said it is expecting a 10% jump in

DHAKA: Asian shares were little changed on Wednesday, with investors cautious after sharp falls in US and European markets. In Japan, the benchmark Nikkei 225 closed down 0.1% at 15,715.36, the seventh straight session of declines. In Hong Kong, the Hang Seng index ended up 29.67