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    Stocks gain for 2nd day on positive banks’ data 

    Staff Correspondent | Updated at 12:00am on August 02, 2019

    Dhaka stocks advanced for the second day on Thursday as investors continued buying shares on better financial disclosures by a number of banks while an...

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    Foreign investors running for exit from capital market

    Mostafizur Rahman | Updated at 12:00am on August 02, 2019

    The net foreign investment at Dhaka Stock Exchange remained negative for the fifth consecutive month in July as the foreign investors were running for exit...

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    NBR to list import items for power plant tax benefit

    Jasim Uddin | Updated at 12:00am on August 02, 2019

    National Board of Revenue has decided to prepare a list of items eligible for tax exemption on import by power plants to prevent misuse of...

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    Loss making basic Bank branches to face ‘closure’

    Staff Correspondent   | Updated at 12:00am on August 02, 2019

    Finance minister AHM Mustafa Kamal on Thursday said branches of the scam-hit BASIC Bank failing to make profit in the last two years will face...

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    FY19 capital machinery import drop contradicts GDP growth

    HM Murtuza | Updated at 12:00am on August 02, 2019

    Import payments for capital machinery dropped while the payments for industrial raw materials posted a meagre growth in the recently concluded fiscal year 2018-2019, contradicting...

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    Rolls Royce faces probe over India deals

    Agence France-Presse. New Delhi, India | Updated at 09:48am on August 01, 2019

    Indian investigators have launched a criminal probe into millions of dollars paid by a Rolls Royce energy firm to an intermediary in connection with deals with state-owned firms in the South Asian nation, according to documents seen by AFP.

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    Samsung profit halves

    Reuters . Seoul | Updated at 12:00am on August 01, 2019

    Samsung Electronics warned on Wednesday that Japanese curbs on the export of chip-making materials was blurring its outlook and said it would delay a plan...

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    Apple market value nears $1t

    Reuters | Updated at 12:00am on August 01, 2019

    Shares of Apple Inc rose 4.2 per cent on Wednesday, after the company calmed Wall Street nerves with an improvement in sales in China and...

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    Turkey’s cenbank trims inflation view

    Reuters . Ankara | Updated at 12:00am on August 01, 2019

    Turkey’s central bank cut its inflation forecasts on Wednesday and new governor Murat Uysal said it has ‘considerable’ room for manoeuvre on interest rates in...

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    India expects coal-fired power capacity to grow 22pc in 3yrs

    Reuters . New Delhi | Updated at 12:00am on August 01, 2019

    India’s coal-fired power generation capacity is expected to rise by 22.4 per cent in three years, the federal power ministry’s chief engineer said on Wednesday,...

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