World economy has ‘buffer’ against recession: Gopinath
Reuters :While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary Fund’s No. 2 official...
Business & Economy
Russia’s Sberbank pays in roubles on dollar-denominated Eurobonds
Reuters :Russian lender Sberbank on Tuesday said it had made a coupon payment on dollar-denominated subordinated Eurobonds in roubles at the central bank exchange rate.The...
Oil prices fall on concerns over recession, China Covid curbs
Reuters, Singapore : Oil prices fell by more than $1 on Tuesday as concerns over a possible recession and China’s Covid-19 curbs outweighed an expectation...
Stocks rebound strongly owing to govt moves
Business Desk :The market rebounded strongly on Monday, snapping an eight-day sharp fall, as investors put fresh bets on major sector stocks, riding on the...
ADP execution rate 55.18% in 10 months
Business Desk :The implementation rate of the revised annual development programme (RADP) during the July-April period of the current fiscal year has reached 55.18 per...
Taka depreciates further against US dollar
Business Desk :The interbank exchange rate stood at Tk 87.90 per dollar on Monday, up from Tk 87.50 on Sunday, a high official of Bangladesh...
Docs not needed to send over Tk 5 lakh remittance and above for incentive
Business Desk :Bangladesh Bank has withdrawn the provision of mandatory submission of documents for getting incentive against inward remittance of USD $5000 or Tk 50,0000...
Global labour market recovery goes into reverse
UNB :Multiple global crises are causing a marked deterioration in the global labour market recovery, said a new report from the International Labour Organization (ILO).The...