Stock market maintained steady rise for the second straight session yesterday, with all the indices ending marginally higher on rising transaction, reports BSS. DSEX - the broader index at Dhaka Stock Exchange (DSE) - ended the day 13.01 points up at 4657.65 when the blue-chip DS30 and Shariah DSES…

The number of mobile phone subscribers, based on the number of sold SIM cards, increased marginally to 131.436 million in September from 130.843 million…

AFP, LONDON: Oil prices steadied yesterday after heavy losses the previous day, as markets looked ahead to more indications of world crude demand levels amid high supplies. Brent North Sea crude for delivery in December stood at $48.61 a barrel in London midday deals, unchanged from Monday’s close.…

AFP, TOKYO: The dollar rose against emerging currencies yesterday on renewed fears about a slowdown in the global economy and following comments from a top Federal Reserve official suggesting a US interest rate hike could still come this year. Official Chinese figures Monday showed the world’s…

Economic affairs adviser to the Prime Minister Dr Mashiur Rahman said that the newly enacted financial law would help improve the standards of accounting and audit systems of the country, reports BSS. Addressing the concluding session of the two-day “SAFA International Conference 2015” at…

AFP, WASHINGTON:  The US Treasury on Monday softened its longstanding position that the Chinese currency is “significantly” undervalued, saying it wants to see how market forces move the newly flexible yuan. In its semi-annual report to Congress on whether trading partners artificially…

AFP, DUBAI: A projected long-term drop in oil prices will drive fiscal reforms in energy-dependent Gulf states and spur public borrowing, Moody’s Investor Service said on Tuesday. The ratings agency also revised downward its projections for oil prices from $65 a barrel to average $55 this year…

Bangladesh Rural Electrification Board (BREB) will set up 300 kilometers of electric lines in ex-enclaves gradually to supply power the disadvantaged people of the neglected areas, says a press release. The project will cost Tk 35 crore and plans to bring 11,032 families under electricity facility.…

AFP, WASHINGTON: Wal-Mart caused a stir when it raised the pay of 500,000 of its workers. But now the US retail giant seems to regret the move after its…

AFP, LONDON: India’s Tata Steel yesterday said it would cut around 1,200 jobs at two plants in Britain, blaming the move in part on cheap imports…

Experts say 8 out of 10 startups fail within the first 18 months, simply because they run out of cash. The key here is to determine the point at which…

AFP, PORTARLINGTON: With an office above a grocery shop and a staff of just 50, Ireland’s data privacy authority makes an unlikely watchdog for hundreds of millions of European web users. The Irish Data Protection Commissioner (DPC) is responsible for auditing and reviewing the privacy settings…