Friday, 18 Jul, 2025

Business

Chinese exports plunge 25% in Feb

DHAKA: Chinese exports have seen their sharpest drop in almost seven years, adding to concerns over the health of the world’s second largest economy.Exports dropped sharply by 25.4% from a year earlier, while imports fell 13.8%, reports the BBC.The weak data comes on the heels of

China, Japan lead losses in Asia markets

DHAKA: Share markets in China and Japan were heading lower after Wall Street fell on the back of a drop in oil prices and as China's poor trading figures were digested.West Texas Intermediate oil fell 4.3% to $36.28 a barrel and Brent crude dropped 3.4% to $39.45 a barrel, reports the

DSE, CSE witnessing gain

DHAKA: Share price indices at the country main bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hours of trading on Wednesday (March 9).     DSEX, the prime index of the DSE, rose over 6.93 points or 0.15 per cent to 4460.82 after the first

World risks of 'economic derailment': IMF

DHAKA: The International Monetary Fund (IMF) has warned that the global economy faces a growing "risk of economic derailment" and must take steps to boost global demand.David Lipton, second in command at the IMF, outlined some of these risks in a speech to the National Association for

5.62pc inflation, lowest in 41 months

DHAKA: The inflation rate of the country has been dropped at 5.62 percent which is the lowest in 41 months as the supply of grocery products has been raised and the price of imported products dropped.According to Bangladesh Bureau of Statistics information, the inflation rate has been

Digital pre-budget discussion in March

DHAKA: Breaking with the tradition of holding pre-budget discussion in April each year, the National Board of Revenue (NBR) is going to organize the dialogue in the last week of March.The dialogue will be held using digital facilities as part of modernizing and digitalizing the NBR.The

Stocks witness gain Tuesday

DHAKA: Both two bourses of the country witnessed positive trends in share-price indices on Tuesday, the third trading session of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 10.25 point or 0.23 percent to stand at 4453.89 at the end of day’s trading.Trade deals stood

Npower confirms 2,400 job losses

DHAKA: Energy firm Npower has confirmed it is cutting 2,400 jobs in the UK after losing 351,000 customers in 2015.The ‘big six’ energy firm has been plagued by customer complaints over billing and in December was fined, by the energy industry’s regulator, a record £26m for those

Japan’s economy shrinks less than first thought

DHAKA: Japan’s economy shrank less than previously thought in the last three months of 2015, surprising analysts.Gross domestic product contracted at an annualized rate of 1.1% for the period, compared with an earlier reading of 1.4%, official figures showed.Analysts had been widely

Oil hits $40 a barrel amid commodities comeback

DHAKA: The oil price has gone above $40 a barrel for the first time this year as commodities continue to rally.Brent crude, used as an international benchmark, rose more than 5% to trade at $40.83 a barrel, reports the BBC.Oil dropped below $28 in January, but has since risen as part of a

Stocks witness mixed Monday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 8.16 point to stand at 4443.63 at the close of day’s trading.Trade deals stood at 77,734 with

Australia’s shares boosted by commodity stocks

DHAKA: Shares in Australia led markets on Monday, closing 1% higher, boosted by commodity and energy-related stocks.Investor sentiment was also up after a positive US jobs report on Friday.Sydney-listed shares in mining giant Fortescue Metals rose by a staggering 23.7%, while BHP Billiton

DSE, CSE up at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hours of trading on Monday.     DSEX, the prime index of the DSE, rose over 8.24 points or 0.18 per cent to 4443.71 after the first one-hour

Green investment summit begins Mar 11

DHAKA: The three-day Bangladesh Innovation and Development Expo and Green Investment Summit-2016 will begin at Bangabandhu International Conference Centre (BICC) in city on March 11.The event will remain open to all from 10:00am to 8:00pm till March 13.The organizers made this assertion

Stocks end lower Sunday

DHAKA: Country's stock market marked fall in its price indices on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 37.37 points only to stand at 4435.46 at the close of day’s trading. Trade deals stood at 78422 with volume of transactions

Poland, Albania keen to invest in Bangladesh

DHAKA: Many economic powers of the world are now showing their interest to be partners in Bangladesh development activities for achieving economic capability.However, many of them are not mega powers but they are rich in technology and knowledge.Such two east European countries Poland and

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Sunday.DSEX, the Broad Index of the DSE, shed over 33.77 points to stand at 4439.06 after the first one-hour of

S Korea keen to contribute in Bangladesh agro, rural dev

DHAKA: South Korea expressed its interest to contribute in the sectors of agriculture and rural development in Bangladesh.South Korea former minister and South Korea Rural Community Corporation CEO Dr Sang Mu Lee came up with this determination at a seminar on comparison of the two

US creates 242,000 jobs in February

DHAKA: The US economy added 242,000 jobs in February, far better than the 190,000 expected by economists.The Labor Department numbers underlined the strength of the US economy and may allow the Federal Reserve to gradually raise interest rates this year, reports the BBC.Another 30,000

China set new economic growth target

DHAKA: China's National People's Congress has set the country's growth target for 2016 in a range of 6.5%-7%.Premier Li Keqiang will announce the target in his address to delegates, according to the text of his speech, report the BBC.The annual congress in Beijing sets out to determine