Thursday, 06 Mar, 2025

Business

Chinese stocks continue to tumble after global rout

DHAKA: Chinese stocks are again down on Tuesday, a day after their worst plunge since 2007 caused market losses around the world.The global sell-off was driven by fears that China’s slowing growth might pull down other economies.The benchmark Shanghai Composite fell 4% at midday on

India hikes onion export price by 64pc

HILI (DINAJPUR): India hiked the minimum export price of onion sharply by $275 per tonne that is about 64 per cent in a bid to control spiraling retail prices that reached Rs 80 per kg.The export price has been increased to $705 (Tk 54,861) from $430 (Tk 33,444) per tonne. The new price

Global share nosedive on China woes

SDHAKA: tock markets in London, Paris and Frankfurt have fallen sharply as fears of a Chinese economic slowdown continue to haunt investors.London’s FTSE 100 index was down by 2.6% in morning trade, while major markets in France and Germany lost nearly 3%.Shares in Asia were hit

Stocks end lower Monday

DHAKA: Both two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed downward trend in share-price indices on Monday.DSEX, the prime index of DSE, shed over 37.71 points only to stand at 4793.99 at the close on the second trading day of the

Int’l textile machinery expo from Sep 2

DHAKA: The 16th International Exhibition on Textile & Garment Technology, Machinery & Related Services 2015 will kick off in city on September 2. The exposition will remain open from 10:30am to 7:30pm till September 5 at Bangabandhu International Conference Centre.Interested people will

‘Decent growth ahead in UK’

DHAKA: The UK is to enjoy ‘decent quarterly GDP growth’ the CBI has predicted as it upgrades its forecasts for this year and next.The business lobby group now expects growth of 2.6% this year and 2.8% next year, up from its June forecast of 2.4% and 2.5% respectively.Increased

Chinese shares drop in dramatic slide

DHAKA: Chinese shares continued their sharp fall on Monday as concerns over the country's slowing growth and volatile markets sparked panic among traders.The mainland benchmark index, the Shanghai Composite, fell sharply by 8.4% to 3,211.75 points, extending last week's losses.The

DSE, CSE see fall at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- slipped in early hours of trading on Monday, the second trading day of the week.     DSEX, the broad index of the DSE, went down by 20.18 points or 0.41 per

Stocks see minor fall Sunday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday, the first trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 8.44 points only to stand at 4831.71 at the close of day’s trading. Trade deals stood at 111683

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) is underway showing gain in share-price indices on Sunday.DSEX, the broad index of DSE, rose over 1.55 points to stand at 4841.71 at 11:46 am.Trade deals stood at 37496 with

Walton hopes to be leading global brand

DHAKA: After gaining the apex position in country’s electronics market, popular local brand ‘Walton’ has now focused on expanding its export market aiming to bring it in the premier position in global electronics market as a Bangladesh brand.To this extent, the country’s leading

Maruti hikes prices

DHAKA: India’s largest carmaker Maruti Suzuki has hiked prices of all its products by up to Rs 9,000, except that of newly launched premium crossover S-Cross, citing changes in dealer margin.The average hike in the ex-showroom prices, with effect from August 11, across models ranges

Amjad Khan Chy remembered

DHAKA: A commemorative meeting on late Maj Gen (retd) Amjad Khan Chowdhury, chief executive officer (CEO) of PRAN-RFL Group was held in the city on Friday. Natore Zilla Samity and Greater Rajshahi Samity organized the program at the auditorium of Krishibid Institution Bangladesh, said a

Global stocks see sharp falls

DHAKA: London's Financial Times Stock Exchange (FTSE) 100 index has recorded its biggest weekly loss this year after poor manufacturing figures in China exacerbated global economic fears.The FTSE has fallen 5.2%, or 363 points, since Monday.On Friday, the index closed 2.8% lower, while

Asian shares continue downward trend

DHAKA: Asian stocks saw sharp falls on Friday as mounting concerns over China's slowing economy continued to affect global markets.It follows big falls in US and European markets on Thursday, with the Dow Jones dropping more than 2%, reports bbc.comAfter falling more than 3% on Thursday,

Global economy woes hit markets

DHAKA: Shares around the world have seen further falls, sparked by renewed fears over the health of the global economy.In China, the authorities intervened again on the stock market to little effect. Shares in Shanghai fell 3.4%, reports bbc.comAnd expectations of a US interest rate rise

China to build floating oil terminal

DHAKA: Bangladesh is set to sign a contract with a Chinese company next month to establish the country’s first floating terminal in the Bay of Bengal to unload imported fuel oil.Officials said, gulf-times.com publishes this report on August 19.According to the report, energy division

Airtel introduces 1-paisa per second call rate

DHAKA: Airtel Bangladesh Limited, the fastest growing mobile operator in the country, on Thursday announced the launch of a new and innovative package.The product allows customers to enjoy lifetime validity of 1 paisa per second call rate to any local number with a one-time recharge of Tk

Stocks end week positive

DHAKA: Country's stock market marked gain in its price indices on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 23.18 points only to stand at 4840.15 at the close of day’s trading. Trade deals stood at 128887 with volume of

DSE, CSE see early hrs’ gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed positive trend in early hours of trading on Thursday, the last trading day of the week.         DSEX, the prime index of the DSE, gained by 5.70