Most Asian markets cautiously higher as traders eye Trump 2.0
Most Asian markets cautiously higher as traders eye Trump 2.0

Asian markets started the first full week of 2025 on a positive but cautious note as traders struggled to track a healthy run-up on Wall Street, with minds turning to Donald Trumps second presidency. Ongoing concerns about Chinas stuttering economy, the outlook for US interest rates and the wars...

Dollar price dearer despite record remittance inflows
Dollar price dearer despite record remittance inflows

Despite record remittance inflows, the price of the US dollar remains high. The value of the dollar is still over the top in the kerb market. The price has risen further over the past week. In some places in the kerb market, the exchange rate stands at Tk 129 per dollar. Although remittance...

Fire at food market in northern China kills at least 8 and injures 15
Fire at food market in northern China kills at least 8 and injures 15

A fire erupted at a food market in northern China on Saturday, resulting in the deaths of at least eight people and injuries to 15 others, according to state media reports. The incident occurred at the Liguang market in Zhangjiakou city and began around midday. Firefighters managed to bring the...

China's BYD closes in on Tesla as sales jump
China's BYD closes in on Tesla as sales jump

Chinese car maker BYD saw its sales jump at the end of last year, as it competes with Tesla to be the worlds best-selling electric vehicle (EV) maker of 2024. The company says it sold 2,07,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract...

Small businesses concerned over potential TikTok ban
Small businesses concerned over potential TikTok ban

The possible TikTok ban has sparked concerns for millions of small businesses that use the platform for growth and marketing. Desiree Hill, owner of Crowns Corner Mechanic in Conyers, Georgia, started her journey as a mobile mechanic. TikTok videos showcasing her work quickly gained attention,...

Bank holiday today
Bank holiday today

All types of bank transactions are closed to mark the bank holiday today. Bank holiday is observed on December 31 every year. On this day the accounts sent from different branches of banks are consolidated and the annual financial report is prepared. That is why this day is considered a bank...

DSEX index gains 30.24 points in early trading
DSEX index gains 30.24 points in early trading

The Dhaka Stock Exchange (DSE), the countrys main capital market, saw an upward trend in the first hour on Sunday. After the weekend, the three indexes of the Dhaka stock market DSEX, DSES, and DS30 all increased in the morning, reports UNB. The main index, DSEX, rose by 30.24 points to...

Dollar market in turmoil as Bangladesh Bank considers new system
Dollar market in turmoil as Bangladesh Bank considers new system

The Bangladeshs dollar market is once again in turmoil, with the price of the US dollar surging by Tk7-8 within the past week, reaching Tk128-129. Just seven days earlier, the rate had been Tk121-122, signaling a return of volatility after five months of relative calm. This surge is causing...

‘Market players and regulators responsible for stock market instability’
‘Market players and regulators responsible for stock market instability’

Finance Adviser Salehuddin Ahmed said market players and regulators are responsible for the instability of the stock markets. He made the observation while inaugurating the 6th edition of Banking Almanac at the CIRDAP International Conference Centre in the capital on Saturday morning. BBS...

At least 2 killed, 60 injured as car crashes into German Christmas market
At least 2 killed, 60 injured as car crashes into German Christmas market

A car rammed into a bustling outdoor Christmas market in Magdeburg, eastern Germany, on Friday evening, leaving at least two people dead and over 60 injured in what authorities believe to be a deliberate act. The driver was arrested soon after the incident, having driven into the market around 7...

1,900MT of Indian potatoes arrive to ease local markets
1,900MT of Indian potatoes arrive to ease local markets

Amid overheated local markets, another shipment of 1,900 metric tons (MT) of potatoes arrived in Bangladesh from neighbouring India, officials stated on Wednesday. An Indian freight train, carrying the potatoes, arrived at Benapole Rail Station through the countrys largest Benapole land port in...

All commodities do not see simultaneous price drop: Finance Adviser
All commodities do not see simultaneous price drop: Finance Adviser

Finance Adviser Dr. Salehuddin Ahmedsaid fluctuations in international markets prevent a simultaneous decline in the prices of all commodities in the domestic market. He made the remarks following a meeting of the Public Procurement Advisory Committee at the Secretariat on Wednesday afternoon....

DSE index gains 25.24 points in early trade; Tk 97.2 crore turnover in first hour
DSE index gains 25.24 points in early trade; Tk 97.2 crore turnover in first hour

The Dhaka Stock Exchange (DSE), Bangladeshs premier capital market, began Tuesdays trading session on an optimistic note. The benchmark index, DSEX, rose by 25.24 points to 5,192.22, signaling a strong start to the day. Within the first hour, a total of Tk 97.2 crore worth of shares were traded,...

S Korea stocks fall, won steady amid Asian market volatility
S Korea stocks fall, won steady amid Asian market volatility

Equities extended losses in Seoul on Thursday, while the won stabilised as South Korea entered a period of uncertainty with President Yoon Suk Yeol clinging to power after his brief imposition of martial law this week. Additionally, Bitcoin broke past the $1,00,000 mark for the first time on...

Thousands of UAE homeowners become 'accidental millionaires' as property prices surge
Thousands of UAE homeowners become 'accidental millionaires' as property prices surge

A significant rise in property prices has transformed thousands of Dubai homeowners into accidental millionaires, according to a recent analysis by global real estate consultancy Knight Frank. The report highlights that nearly one in every five homes in Dubai is now valued at over $1 million, a...

Generative AI transforms from novelty to essential business tool, survey finds
Generative AI transforms from novelty to essential business tool, survey finds

Generative artificial intelligence (AI) is rapidly evolving from a curiosity to a critical asset, with more companies incorporating it into their daily operations. This shift is highlighted in a recent report by Wharton School experts and marketing consultancy GBK Collective, titled Growing Up:...

Potato market continues to fluctuate
Potato market continues to fluctuate

The potato market in the country is not facing any visible crisis. While the season for old potatoes is nearing its end, the supply of new potatoes has started. There are now more seasonal potato vendors selling from vans at street corners than before. Despite this, the price of potatoes is still...

Special security for former food minister as he appears in court over murder case
Special security for former food minister as he appears in court over murder case

Former food minister Qamrul Islam has been brought to court after an eight-day remand in connection with the death of businessman Abdul Wadud in the Newmarket area of Dhaka. Qamrul was escorted to the Chief Metropolitan Magistrates Court on Tuesday (November 26) at approximately 10 am, under...

Reforms being carried out to solve crisis: Dr Salehuddin
Reforms being carried out to solve crisis: Dr Salehuddin

Finance Adviser to the interim government Dr Salehuddin Ahmed has said that reforms in various sectors, including in financial, capital market and banking ones, are being carried out to solve the crisis that the interim government inherited from the previous regime, reports Dhaka Tribune. The...

DSE sees early gains with Tk192cr traded in 1st hour today
DSE sees early gains with Tk192cr traded in 1st hour today

The Dhaka Stock Exchange (DSE), the nations premier capital market, experienced an upward trend during the first hour of trading on Tuesday, with transactions totaling Tk 192 crore by 11am. According to DSE data, 5.51 crore shares and mutual fund units were exchanged through 56,675 transactions...

Fresh winter crops ease vegetable prices
Fresh winter crops ease vegetable prices

Prices of most of the vegetables have dropped after around two months in the capitals kitchen markets with the arrival of fresh crops ahead of the winter season. Amid a soaring trend of prices of all the essential commodities, prices of vegetables, farm eggs and chicken have declined over the...

Petrobangla to make a fresh short list of LNG suppliers of int'l spot market soon
Petrobangla to make a fresh short list of LNG suppliers of int'l spot market soon

Petrobangla is going to make a fresh list of international spot market LNG supply companies through an open tender by next week. The tender is ready for circulation in the media and hopefully the notice will be published in the first half of the next week, said Petrobangla Chairman Zanendra Nath...

Dollar, bitcoin soars in Asian markets as US results proceed
Dollar, bitcoin soars in Asian markets as US results proceed

Most Asian markets rose with the dollar and bitcoin on Wednesday as traders await the outcome of the knife-edge US presidential election, with bets increasing on a Donald Trump victory as early results rolled in. The Republican candidate and his Democratic opponent Kamala Harris have picked up...

Gold prices plunge in Dubai market in early trade as all eyes on US elections
Gold prices plunge in Dubai market in early trade as all eyes on US elections

Gold prices fell over Dh1 at the opening of the markets in Dubai on Tuesday. At 9am UAE time, the 24K variant of the precious metal fell Dh1.5 to Dh331.0 per gram compared to last nights close of Dh332.5. Among the other variants, 22K, 21K and 18K opened lower at Dh306.5, Dh296.75 and Dh254.5...

DSEX jumps 76 points as capital gain tax reduced
DSEX jumps 76 points as capital gain tax reduced

The benchmark index DSEX of the Dhaka Stock Exchange (DSE) surged 76 points to reach 5,328 in the first trading hour on Tuesday as the national revenue board reduced the capital gains tax, reports The Business Standard. Yesterday, the revenue board cut the capital gains tax to 15 percent from 30...

DSE sees upward trend in early trading
DSE sees upward trend in early trading

The Dhaka Stock Exchange (DSE) observed a positive trend in the first hour of trading on Monday morning, despite heightened selling pressure. Trading data shows that in the opening hour, shares and units totaling 6.06 crore were exchanged through 60,154 transactions, amounting to Tk 174 crore in...

Onion, potato prices continue to soar
Onion, potato prices continue to soar

The prices of potatoes and onions continue to soar at kitchen markets countrywide amid a dwindling stock of the locally grown varieties of the two most essential items. However, the supply of winter vegetables is increasing with the arrival of early winter vegetables, bringing some relief to the...

Govt aims to restore investor confidence in stock market: Dr. Salehuddin
Govt aims to restore investor confidence in stock market: Dr. Salehuddin

Finance Adviser Dr. Salehuddin Ahmed on Wednesday said that the government is actively working to restore investor confidence in Bangladeshs capital market, with a focus on both short- and long-term stability measures, reports UNB. Following a meeting with the Bangladesh Securities and Exchange...