HOME  BUSINESS

21 banks, Islamic wings poor in credit-deposit ratio

The advance- or credit-deposit ratio of a number of banks increased in six months till June 7 with around 21 banks and Islamic wings of the banks going past the limit set by the Bangladesh Bank, the latest central... Full story

---

Aubergine, cucumber, chilli prices rise further

The prices of vegetables like aubergine, cucumber and green chilli which are widely consumed during Ramadan jumped on the retail markets on Saturday, the first day of the fasting month of Muslims. Full story

---

Indian business team explores investment potentials

The visiting Indian private sector business mission on Saturday held meetings with leaders of two chamber bodies to explore investment opportunities in Bangladesh, especially in sectors like steel, fertiliser... Full story

---

Stocks end 2-week bear run in volatile trading

Dhaka stocks inched up last week after a two-week bear run as panic among the investors eased following the announcement of the BB monetary policy for July-December. DGEN, the benchmark general index... Full story

---

Global grain prices set records

Grain prices set record highs on Friday and weather forecasts showed little to no relief in sight from the worst US drought in more than half a century, feeding worries about food inflation at home and abroad as supplies... Full story

---

Commodity prices shoot up in Ctg

The prices of essential commodities including vegetable, meat and fish shot up at the retail markets in the city on Saturday, the first day of the month of Ramadan. The prices of different varieties of vegetable increased by... Full story

---

ECB turns screws on Greece, stops accepting collateral

The European Central Bank turned up the heat on Greece on Friday ahead of a review of its bailout programme, saying it would stop accepting Greek bonds and other collateral used by Greek banks to tap... Full story

---

Earnings help US stocks eke out gains

Stock markets managed to paddle aside a stream of negative news last week, riding a tidal wave of earnings to modest gains. The Dow Jones Industrial Average finished the week up 0.4 per cent to 12,822.57 points. Full story

---

Payout figure for botched Facebook IPO hiked

Nasdaq on Friday raised to $62 million the amount of money it will set aside to cover trading losses due to computer glitches that disrupted the launch of Facebook shares onto the market. Full story

---

Global economy hobbled by Europe: economists

The global economy will labour against a dismal tide from recession-hit Europe for the rest of this year, but 2013 should bring better growth, according to Reuters polls of hundreds of economists worldwide. Full story

---

IMF economist accuses Fund of suppressing information

A veteran economist at the International Monetary Fund has accused the global lender of suppressing information on difficulties in dealing with the global financial meltdown and eurozone crisis. Full story

---

ECB chief says euro not in danger

The eurozone is not in danger of breaking up despite some analysts’ worse case scenarios, European Central Bank president Mario Draghi said, judging that the bloc was inevitably marching towards closer union... Full story

---

Sri Lanka seeks another IMF bailout after record loan

Sri Lanka Saturday announced the completion of a $2.6 billion IMF bailout, but it was seeking fresh loans to support an economy emerging from decades of ethnic war. The International Monetary Fund on... Full story

---