After witnessing some volatility, stock market ended week positive, with all the three indices closing higher and transaction getting better on rising participation. Four out of five trading days of this week saw green endings, reports BSS. The broad market index at Dhaka Stock Exchange (DSE) suffered…

Bangladesh Garments Manufacturers and Exporters Association (BGMEA) launched month-long training course for 30 male and female youths of the erstwhile enclaves in Panchagarh district town from Thursday, BSS reports from Rangpur. The cost-free training course is being arranged on 'Sweater Knitting…

AFP, SINGAPORE: Oil prices were mixed in cautious Asian trade yesterday after the Federal Reserve kept its benchmark interest rate at zero but warned about weaknesses in the global economy. News that the US central bank would keep borrowing costs at zero was broadly welcomed across Asia, with most stock…

After weeks of soaring prices of vegetables, city dwellers are feeling relief as the prices are now dropping due to increased supply. In the capital’s…

Xinhua, MADRID: The Spanish treasury on Thursday placed 4.813 billion euros on market (5.440 billion US dollars) registering a high demand of more than 10.7 billion euros. A total of 1.835 billion euros worth of three-year lifespan carried an average interest rate of 0.402 per cent, while a total of…

Jute export to India through Benapole land port has come to a halt,  following a circular issued by the Jute Commission of India that reportedly imposed restrictive conditions on jute import to that country, reports UNB. According to Bangladeshi exporters, the step was taken as per a circular issued…

AFP, TOKYO: The dollar fell against the yen yesterday in Asia after the US Federal Reserve held fire on raising rates, citing concerns about slowing growth in China and a fragile world economy. Emerging market currencies—which have fallen nearly 20 per cent in the past year—edged up in choppy…

World Bank South Asia vice-president Annette Dixon is scheduled to arrive in the capital today to help further strengthen the long-lasting partnership between Bangladesh and the World Bank Group, reports UNB. Her two-day visit will focus on the Country’s’ Partnership Framework that the World…

AFP, HONG KONG: The US central bank's decision to hold off hiking interest rates sent emerging market currencies and most Asian markets advancing…

The basic technology underpinning the Bitcoin virtual currency could be used by some of the world’s biggest banks, reports BBC. Nine banks, including…

AFP, MUMBAI: The head of India’s central bank yesterday warned Asia’s third-largest economy against trying to grow too fast, pointing to the plight of recession-hit Brazil as a cautionary tale. Reserve Bank of India governor Raghuram Rajan told a gathering of business leaders in Mumbai that…

AFP, NEW YORK: General Motors will pay $900 million to settle a criminal probe into its failure to recall cars with faulty ignitions linked to at least…

United Commercial Bank Limited (UCBL) launched its new logo on Thursday with a vision for changing customers' perception and bringing them closer.…

AFP, PARIS: Investors snapped up eurozone bonds yesterday, anticipating the European Central Bank may step more heavily into the market after the US decision to keep interest rates on hold. Around 0930 GMT the rate of return to investors in secondary trading of benchmark 10-year German government bonds…

AFP, FRANKFURT: Germany's biggest lender Deutsche Bank yesterday said it will close its corporate banking and securities business in Russia as part of an ongoing shake-up of its global activities. "Deutsche Bank's Russian corporate finance and markets businesses will now operate from international…

AFP, SHANGHAI: Apple will launch an online payment service in China, media said, as the tech giant seeks to expand in its largest market outside of the US despite fierce competition from local rivals. An Apple Company offering online payment has launched in the Shanghai Free Trade Zone (FTZ), an area…