DHAKA: Bangladesh Bank (BB) has set the new time table for all banks and financial corporations for upcoming holy Ramadan. The office hour is set to begin at 9.00am and end at 4.00pm but the transaction will be open till 2.30pm. Moreover, the transaction will remain closed from
DHAKA: Former New York mayor Michael Bloomberg says that a Brexit vote on 23 June could hit UK-EU trade and leave British-based ‘employees worse off’. And he warns financial jobs could leave London for Paris or Frankfurt. Writing in The Times Bloomberg says ‘a vote to leave is
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share prices indices on Thursday (May 19), the final trading session of the week. DSEX, the prime index of DSE, gained over 28.56 points or 0.65 percent to stand
DHAKA: The US Federal Reserve could increase interest rates next month if the economic data support such a move, the central bank’s latest minutes show. But policymakers suggested they thought investors had not fully accepted such a move could come that soon, reports the BBC. The
DHAKA: Asian stock markets fell after the latest minutes from the US Federal Reserve indicated it could raise interest rates as soon as June. The central bank said it could raise rates next month if conditions were right. South Korea’s Kospi fell 0.5% to close at 1,946.78 while
DHAKA: Japan’s economy has dodged a recession after it grew faster than expected in the first three months of the year. Gross domestic product in the world's third-largest economy grew at an annualized pace of 1.7%. The better-than-expected growth rate came after higher
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share prices indices at the opening hours on Thursday (May 19), the final trading session of the week. DSEX, the prime index of DSE, gained over 31.98
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share prices indices for the third day on the trot on Wednesday (May 18), the fourth trading day of the week. DSEX, the prime index of DSE, gained over 37.67
DHAKA: Japanese stocks have risen after data showed the country’s economy dodged a recession and grew at an annual pace of 1.7% in the first quarter of the year. The better-than-expected growth rate came after higher government spending helped offset weakness in business investment
DHAKA: City Bank is now empowered to set new global standards in bank-card safety as it has recently earned ‘PCI DSS’ certification from ControlCase, a US-based security company. The document of certification was handed over to City Bank’s additional managing director Mashrur
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share prices indices for the second day on Tuesday (May 17), the third trading day of the week. DSEX, the prime index of DSE, gained over 37.99 points or 0.88
DHAKA: China’s ICBC Standard Bank, the world’s biggest bank by assets, has agreed to buy a massive vault in London. It will be the first Chinese lender to own a vault in London as it looks to grow its precious metals business, reports the BBC. The vault, which is in a secret
DHAKA: Asian stock markets are rallying on Tuesday after oil prices hit a six-month high on signs the global supply glut is easing. Brent crude, the international benchmark, is trading close to $50 per barrel while West Texas Intermediate (WTI), the US benchmark, is around $48, reports
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessing gain in share prices indices at the opening hours on Tuesday (May 17), the third trading day of the week. DSEX, the prime index of DSE, gained over 18.69 points or 0.43
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share prices indices on Monday (May 16), the second trading day of the week. DSEX, the prime index of DSE, gained over 13.16 points or 0.30 percent to stand at
DHAKA: Asia Pacific stock markets rose on Monday, shrugging off disappointing economic data released by China over the weekend. China’s industrial output, retail sales and fixed asset investment all grew more slowly than expected in April, indicating the economy remains weak. The
DHAKA: The budget session of the 10th parliament will begin on June 1. This will be third budget session of the current parliament which will start at 5:00pm on the day. President Abdul Hamid summoned the session of Jatiya Sangsad on Sunday (May 15) exercising the power bestowed
DHAKA: The annual Business Review & Budget Session-2016 of National Bank Limited (NBL) was held on Saturday (May 14). The meeting was held at 13 different venues all over the country by 13 groups involving 191 Branches of NBL. The speakers called for achieving more success in
DHAKA: Shares of Apple have fallen below $90 for the first time in nearly two years amid investors' concerns about slumping sales of iPhones. On Thursday, a report citing a source within Apple said suppliers in Taiwan should expect fewer orders, reports the BBC. The pace of
DHAKA: Shares in Japanese carmaker Nissan rose by 4.1% on Friday after the company clinched a deal to take a major stake in embattled rival Mitsubishi. The company will buy a 34% stake in Mitsubishi Motors, in the wake of the latter’s recent scandal over fuel efficiency, reports the