Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Wednesday midday in Bangladesh.

Bangladesh’s stocks continue upward trend at midday

Bangladesh’s stocks stayed higher at midday on Wednesday as investors went on buying spree especially on banks.

Bangladesh Taka depreciates 3 paisa against US$

The exchange rate of Bangladesh Taka (BDT) depreciated by maximum three paisa against the US currency in early hour transactions on Wednesday in inter-bank foreign exchange (forex) market.

Meghna Bank launches new mobile services in Bangladesh

Meghna Bank Limited has launched chip-based card for mobile financial services for the first time in Bangladesh aiming to bring more unbanked people into the banking network.

US dollar weaker in Asia, Japan trade, BoJ noted

The US dollar drifted mostly weaker in Asia on Wednesday as markets noted views from a key Fed policymaker on the interest rate outlook and mulled stronger than expected Japan trade figures.

Crude oil prices drop in asia as api build more than expected

Crude oil prices fell in Asia on Wednesday after industry estimates showed a sharp gain in US inventories.

Gold dips in asia as fed policymaker views on rates shrugged off

Gold prices dipped in Asia on Wednesday despite hawkish comments on the rate outlook by a Fed policymaker.

Indian Rupee pares early losses; still down by 18 paisa at 65.48

Indian rupee recovered from early lows to 65.48 per dollar, still down by 18 paisa, in late morning trade amid bearish domestic equities.

Sensex plunges 236 points

Domestic shares dropped for a third straight session on Wednesday as banking and automobile shares fell, while regional markets were trading lower tracking overnight losses on Wall Street on doubts over US President Donald Trump’s economic policies.

Nikkei down more than 2% on NKorea missile test

Japanese stocks sold off in late-morning trade on Wednesday, after an apparent North Korea missile test that reports said failed.

BBN/SK/AD