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Archive for the January 12, 2018

  • Interbank buy/sell rates for the taka against the dollar on Thursday. 82.80-82.80 (Previous 82.80-82.80). Copyright Reuters, 2018

  • China's yuan weakened against the dollar on Thursday as corporate investors brushed off reports about the central bank winding down its US Treasuries holdings and bought the greenback, taking advantage of its recent selloff. The

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    • News Desk
    • Jan 12th, 2018
    • Comments Off on Asian forex: Thai baht at near 3-1/2-year high

    Most emerging Asian currencies firmed slightly on Thursday, as the US dollar lost steam overnight after a report that China was ready to slow or halt its US Treasury purchases, pushing up yields. Chinese officials

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  • The Sri Lankan rupee closed weaker on Thursday as dollar demand from importers and banks surpassed mild conversions by exporters, dealers said. The spot rupee ended at 153.80/85, compared with Wednesday's close of 153.70/80. "There

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  • Sterling slipped to a one-week low against the euro on Thursday, as the single currency soared on talk that the European Central Bank could start to change its message of expansionary monetary policy in the

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  • The Australian dollar jumped to a three-month peak on Thursday after a surprisingly strong reading on retail sales boosted the outlook for consumer spending and economic growth, while narrowing the odds on a rate hike

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    • News Desk
    • Jan 12th, 2018
    • Comments Off on Most Gulf stocks rise on oil, Qatar gains for sixth straight day

    Most major Gulf stock markets rose on Thursday after oil prices hit new 2-1/2 year highs, with Qatar's bourse gaining for a sixth straight day as investors positioned themselves for annual dividends. The Qatari index

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    • News Desk
    • Jan 12th, 2018
    • Comments Off on Indian shares mark record closing highs

    Indian shares ended at record closing levels on Thursday, riding on gains in IT stocks such as Infosys Ltd and financials led by Housing Development Finance Corporation Ltd. The broader NSE index closed 0.18 percent

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  • Tokyo stocks closed lower on Thursday after Wall Street fell for the first time in 2018 the previous day, while a strong yen weighed on sentiment. The bellwether index lost 0.33 percent, or 77.77 points,

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    • News Desk
    • Jan 12th, 2018
    • Comments Off on Thursday’s early afternoon trade: Wall Street hits record as oil, industrial stocks gain

    Wall Street surged to fresh highs on Thursday as rising oil prices lifted energy stocks and upbeat forecast from No. 2 US carrier Delta Air Lines drove airline stocks higher. Brent crude rose above $70

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