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    Nilufer becomes Midland Bank chair, Kashem vice-chair

    Business Desk | Updated at 12:05am on September 20, 2018

    Nilufer Zafarullah was elected as the chairman and Abul Kashem the vice chairman of Midland Bank at the 76th board of directors’ meeting of the bank held on September 13, said a press release....

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    EU unveils Asia infrastructure plan, denies rivalry with China

    Reuters . Brussels | Updated at 12:05am on September 20, 2018

    The European commission proposed on Wednesday a foreign policy plan to improve transport, energy and digital infrastructure links with Asia but denied seeking to counter China’s ambitions that have raised suspicion in Western capitals....

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    China says won’t weaken currency to boost exports, as US tariffs mount

    Reuters . Tianjin | Updated at 12:05am on September 20, 2018

    China will not stoop to competitive devaluation of its currency, premier Li Keqiang stressed, hours after China hit back, with a softer punch than the one landed by the United States, in an escalating tariff war between the world’s largest economies....

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    Global tech firms gear up to fight India’s planned data law

    Reuters . New Delhi/Mumbai | Updated at 12:05am on September 20, 2018

    Global tech companies plan to oppose new legislation in India that would require Facebook, PayPal and others to store user data in the country, arguing it will hurt investment and the business models of foreign and domestic firms....

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    Amazon’s use of merchant data under EU microscope

    Reuters | Updated at 12:05am on September 20, 2018

    EU regulators are quizzing merchants and others on US online retailer Amazon’s use of their data to discover whether there is a need for action, Europe’s antitrust chief said on Wednesday....

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    India considers raising import duty on steel to support rupee

    Reuters | Updated at 12:05am on September 20, 2018

    India’s steel ministry has proposed increasing the effective import duty on some steel products to 15 per cent from current rates ranging from 5 per cent to 12.5 per cent, according to two sources and a government document reviewed by Reuters, as the country looks to support the rupee....

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    Banks, traders launch first commodities blockchain platform

    Reuters . London | Updated at 12:05am on September 20, 2018

    Global banks and trading firms are launching the first blockchain-based platform for financing the trading of commodities from oil to wheat, they said in a joint statement on Wednesday....

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    DSE gets BSEC nod to inspect 5 non-performing cos

    Mostafizur Rahman | Updated at 12:05am on September 20, 2018

    The Bangladesh Securities and Exchange Commission has approved the Dhaka Stock Exchange’s plea for visiting factories and offices of five non-performing companies....

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    Stocks gain for 2nd day as bank shares rise

    Staff Correspondent | Updated at 12:05am on September 20, 2018

    Dhaka stocks advanced for the second day on Wednesday as investors kept buying shares, especially financial and textile stocks after their recent losses....

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    Consumers’ body demands minimum mobile call rate at Tk 0.25

    Staff Correspondent | Updated at 12:05am on September 20, 2018

    Bangladesh Mobile Phone Consumers Association on Wednesday demanded that the government reduce the minimum mobile call charge to Tk 0.25 a minute as it was before the recent increase....

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