Thursday, 06 Mar, 2025

Business

Asian shares boosted by Wall Street on Tuesday

DHAKA: Asian shares were higher following Wall Street's positive close, as global markets largely held firm despite Friday’s terror attacks in Paris.Japan’s benchmark Nikkei 225 index closed up 1.22% at 19,630.63, reports the BBC.Shares in Japanese exporters were lifted as the dollar

Stocks see fall Wednesday

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 39.03 points only to stand at 4371.54 at the close of day’s trading. Trade deals stood at 74012

Singles' Day sales near $4bn in 1st hour

DHAKA: China's Alibaba has made more than $3.9bn (£2.bn) in sales in the first hour of Singles' Day in China, the world's biggest online shopping event.The figure is almost double the $2bn spent in the same time period of the retail giant's sales event last year, reports the

DSE, CSE end week positive

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 4.88 points to stand at 4856.96 at the close of day’s trading.Trade deals stood at 94863 with

DSE, CSE see early gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hour’s trading on Thursday.     DSEX, the prime index of the DSE, rose over 7.75 points or 0.15 per cent to 4859.83 after the first

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday, the second trading day of the week.  DSEX, the key index of Dhaka Stock Exchange, rose over 25.46 points to stand at 4793.76 at 11:55 am.Trade deals stood at 39553 with transaction at

Agha Khan, BRAC inks strategic partnership deal

DHAKA: Agha Khan Fund for Economic Development (AKFED) and Bangladesh-based international development organization BRAC have signed a deal regarding strategic partnership.A press release sent on Saturday said that the deal, which was signed recently, has made BRAC a stakeholder of

Stocks start week negative

DHAKA: Investors witnessed fall in benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday.DSEX, the key index of DSE, shed over 25.06 points only to stand at 4783.80 at the close on the first trading day of the

Market showing mixed

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing mixed trend in share-price indices on Sunday.DSEX, the prime index of the DSE, gained by 2.36 points or 0.04 per cent to 4811.23 after the first one-hour

Zahid must explain Real Time’s role in Bangladeshi workers entry

DHAKA: Deputy Prime Minister of Malaysia Ahmad Zahid Hamidi was urged not to get entangled in nepotism amid the country's Prime Minister Najib Abdul Razak's own scandal of receiving RM2.6-billion in his personal bank accounts.The Centre to Combat Corruption and Cronyism (C4) made the call

Samsung patent appeal rejected

DHAKA: A US appeals court will not reconsider an earlier decision finding that Samsung violated Apple patents.Samsung has been in a legal battle with Apple for years with each accusing the other of patent infringements.In May, the South Korean firm lost a previous appeal, which ruled that

India court says Maggi noodle ban ‘legally untenable’

DHAKA: A court in India has lifted a government ban on Nestle’s popular Maggi noodles, but ordered fresh tests before the product can go back on sale.Nestle had challenged the ban ordered by the country’s food safety regulator in June after some tests found lead levels beyond

Weeklong ‘banking fair’ in November

DHAKA: Bangladesh Bank (BB) governor Dr Atiur Rahman said that a weeklong ‘banking fair’ will be organized in city in November.He made the disclosure at BB-organized Women Entrepreneur Development Unit Conference at BB Training Academy in city’s Mirpur area on Thursday.He said the

Stocks witness fall Thursday

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Thursday.DSEX, the key index of DSE, shed over 12.75 points only to stand at 4808.87 at the close on the last trading day of the

Crop-insurance for 12,000 farmers

DHAKA: A total of 12 thousands farmer families will be brought under crop-insurance project, the speakers at a workshop said.Besides, the farmers will be informed about the climate risk, they added.The speakers made the disclosure while addressing the program titled ‘Climate-index based

‘Govt to reduce poverty rate to 15% by 2021’

DHAKA: Local government, rural development and cooperatives minister Engineer Khandker Mosharraf Hossain on Thursday said his incumbent government will bring down the poverty rate to 15 percent by 2021.He, however, requested everyone, including the non-governmental organizations, to

Stocks see early hrs’ gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed upward trend in early hours of trading on Thursday, the last trading day of the week.DSEX, the prime index of the DSE, gained by 15.89 points or 0.32

China allows further drop in yuan

DHAKA: China has set the guiding rate for its yuan currency lower for a third consecutive day.But Thursday's rate of 1% down against the dollar was a smaller margin than the shock cuts earlier in the week.The bank had on Tuesday announced it would start setting the daily rate based partly

MSD and HPL join hands

DHAKA: MSD (Merck Sharp & Dohme), a global healthcare leader, Wednesday announced a strategic partnership with leading national pharmaceutical company, Healthcare Pharmaceuticals Limited (HPL).  The new partnership will enable MSD to bring its best-in-class and first-in-class products

China’s yuan currency falls for 2nd day

DHAKA: China’s Central Bank has again cut the guiding rate for the national currency, the yuan, a day after Tuesday’s record 1.9% devaluation.The move sent fresh shockwaves through Asian markets, but the bank has sought to calm fears, saying it was not the start of a sustained