Wall Street stocks bounced on Tuesday, ending a multi-session losing streak as China moved to stabilize its currency amid the escalating US-China trade war.
Read More »Global stocks mixed as China holds fire in currency spat
Global stock markets were mixed on Tuesday, with Wall Street snapping a multi-session losing streak, while European and Asian bourses retreated amid the escalating US-China trade war.
Read More »Asia markets extend losses despite Wall Street gains
Asian markets largely extended their losses on Wednesday despite Wall Street registering strong gains as investors remained on edge over escalating US-China trade tensions.
Read More »Housing ‘crisis’ tests Saudi reform drive
Saudi Arabia is building a futuristic megacity with promises of talking robots and flying taxis, but for hundreds of thousands like academic Abdullah a simple dream remains elusive — owning a home.
Read More »China yuan weakens after signs of stability calm markets
China’s yuan weakened again Wednesday after hopes among financial traders that the decline was stabilizing helped to calm jittery global markets.
Read More »‘5.0pc tax for up to Tk 0.5m investment in savings certificates’
Finance Minister AHM Mustafa Kamal has said five per cent tax at source will be applicable from July for investment of up to Tk 500,000 in all types of savings certificates.
Read More »Industrial sector’s contribution to GDP to reach 40pc by 2021: Humayun
Industries minister Nurul Majid Mahmud Humayun today (Sunday) said contribution of industrial sector to GDP will reach 40 per cent by 2021 as the government is providing all sorts of efforts in this regard.
Read More »Liquidity shortage pushes up private banks’ deposit rates
The ongoing liquidity crunch has forced many private commercial banks to raise their deposit rates, particularly that of term deposits.
Read More »BIDA’s tax-reform recipe to NBR
The Bangladesh Investment Development Authority (BIDA) has requested the National Board of Revenue (NBR) to initiate some tax reforms as suggested in an action plan,
Read More »DSE, CSE slip into red ahead of MPS
Stocks slipped into the red on Tuesday as investors were mostly on selling spree amid lower than expected earnings of some companies.
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