The Bank of England has held interest rates at 0.5% for the 71st month in a row and kept its stimulus programme of quantitative easing (QE) unchanged. Most forecasters now…

Net foreign investment in the capital market declined 18 percent year-on-year in January, as overseas investors followed a go-slow policy amid political instability in Bangladesh. Their net investment reached Tk…

The drawn-out political turmoil has started to bear down on the foreign exchange market, compelling the central bank to buck its dollar-selling spree and start purchasing instead to keep the…

Bangladesh Bank (BB) has moved to amend the Bank Deposit Insurance Act 2000 to double bank’s coverage for depositors’ funds, Governor Atiur Rahman said yesterday. “We have recently sent a…

  Dhaka Stock Exchange will not propose any dividend for its shareholders for the first financial year after demutualisation, in a move to improve its financial strength and make the…

Many ATMs located outside Dhaka are running short on cash due to the ongoing blockade and strike, leaving thousands of users in trouble. In Dhaka, automated teller machines were sufficiently…

India’s central bank has kept interest rates unchanged, three weeks after it announced a surprise cut. The benchmark interest rate, or the level at which The Reserve Bank of India…

Samsung has been overtaken as the largest seller of smartphones in India by local budget brand Micromax for the first time, according to market research firm Canalys. Micromax accounted for…

Entertainment giant Walt Disney has credited the continuing success of toys based on its hit film Frozen and an increase in visitors to its theme parks for an “incredibly strong…

China’s central bank has cut the level of funds banks must hold in reserve in an effort to boost growth in the world’s second-largest economy. The reserve requirement ratio has…