DHAKA: Wall Street markets closed up after figures showed stronger than expected growth in the labor market. The S&P 500 index climbed 18.62 points, or 0.86%, to 2,182.87, beating an all-time high record set last month, reports the BBC. The Dow Jones Industrial Average rose 191.48

DHAKA: UK interest rates have been cut from 0.5% to 0.25% and the Bank of England has signaled that they could go lower if the economy worsens. The Bank announced a range of measures to stimulate the UK economy, including a £100bn scheme to force banks to pass on the low interest rate

DHAKA: US Ambassador Marcia Bernicat stated that the actual winners of the two-way trade growth between United States and Bangladesh are consumers.  She said the consumers of United States now can buy life-saving medicines. There will be 'Made in Bangladesh' tag on the bottle.

DHAKA: The United Kingdom (UK) is interested to invest in Payra seaport and Dhaka-Barisal railway track in Bangladesh. The UK high commissioner Alison Blake expressed the interest while calling on commerce minister Tofail Ahmed at the ministry in city on Thursday (August 4). “The

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain in share prices indices on Thursday (August 4), the last trading day of the week. DSEX, the prime index of DSE, gained over 1.59 points or 0.03 percent to stand

DHAKA: The price of bitcoin has fallen more than 10% after the Hong Kong-based digital currency exchange Bitfinex said it had suffered a major hack. The security breach led to the possible theft of bitcoin worth $65m, reports the BBC. Bitfinex told the media on Wednesday that nearly

DHAKA: The Bank of England is widely expected to cut UK interest rates for the first time since March 2009 on Thursday. It is anticipated that Mark Carney, the Bank governor, will announce a reduction from 0.5% to 0.25% at noon, reports the BBC. Last month the Monetary Policy

DHAKA: HSBC has reported a 29% fall in profits in the first half of the year amid a ‘turbulent period’ for the banking giant. It posted a pre-tax profit of $9.7bn for the first six months, down by $3.9bn. HSBC also announced a share buyback of up to $2.5bn in the second half of

DHAKA: United Commercial Bank Limited (UCB) recently signed an agreement with bKash Limited at its corporate office in city. Under this agreement, UCB will facilitate bKash for their distributor’s collection and payment service through UCB branch network under supervision of

DHAKA: Nearly 120,000 units of digital currency bitcoin worth about US$72 million was stolen from the exchange platform Bitfinex in Hong Kong, rattling the global bitcoin community in the second-biggest security breach ever of such an exchange. Bitfinex is the world’s largest

DHAKA: Country’s two share markets -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices for the third day on the trot on Wednesday (August 3), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

DHAKA: The Board of Directors of the Bangladesh Thai Chamber of Commerce & Industry (BTCCI) placed some proposals for enhancing bilateral trade & Investment relationship between Bangladesh and Thailand in the BTCCI Courtesy Call with the newly appointed Ambassador of Thailand to

DHAKA: Japan cabinet has approved an economic stimulus package worth more than 28 trillion yen ($275bn). It is the latest attempt by Prime Minister Shinzo Abe to kick-start the world’s third-largest economy and boost growth, BBC reports on Tuesday (Aug 2). The package includes

DHAKA: Country’s two share markets -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices for the second day on the trot on Tuesday (August 2), the third trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

DHAKA: Md. Mehmood Husain has joined NRB Bank Limited as the Managing Director and CEO with effect from August 1.  Prior to his new assignment Mehmood Husain was serving as the President and Managing Director of Bank Asia. A post graduate in Economics from the University of Dhaka,

DHAKA: Banglalink, one of the largest mobile operators in the country, launched all new experience center named “Banglalink Store” with the view to bring all the services under one roof and to give the customers a more hands-on experience on device and digital services.

DHAKA: Country’s leading telecom and digital service provider Grameenphone has teamed up with leading online classifieds site ekhanei.com to provide their mutual users with better experience. The two companies recently signed an agreement as part of which Grameenphone (GP) internet

DHAKA: After experiencing deflation on Sunday, country’s two share markets -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed slight gain in share price indices on Monday (August 1), the second trading session of the week. DSEX, the prime index of Dhaka

DHAKA: The proposal to merge country’s two mobile phone operators -- Robi Axiata Ltd and Airtel -- has got the approval of the Prime Minister’s Office (PMO). Posts and telecommunication division secretary Md. Faizur Rahman Chowdhury confirmed the matter to banglanews on Monday

DHAKA: Activity among UK manufacturers contracted at its fastest pace for three years in July, according to a closely watched survey. The Markit/CIPS manufacturing purchasing managers’ index, the first to have full data since the UK’s vote to leave the EU, showed a fall to 48.2,