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Infosys shares plunge 14% after whistleblower allegations

WT24 Desk MUMBAI – Shares in Indian IT giant Infosys slumped more than 14 percent on Tuesday as the firm launched a probe into whistleblower complaints alleging its top executives acted unethically to inflate revenues, AFP reports. The letter, a copy of which was sent to the US Securities and Exchange Commission, said the CEO and chief financial officer asked ...

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European stocks diverge at open; pound slides

WT24 Desk LONDON– Europe’s main stock markets diverged at the open on Monday, and the pound slid after British Prime Minister Boris Johnson was forced to request another Brexit extension, AFP reports. In initial trade, London’s benchmark FTSE 100 shares index rose 0.3 percent at 7,172.00 points. In the eurozone, Frankfurt’s DAX 30 added 0.2 percent to stand at 12,656.19 ...

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Bourses return to the green

Country’s premier bourse, Dhaka Stock Exchange (DSE), returned to the green as the bargain hunters showed their buying appetite on the sector-specific shares in the first day of the week, BSS reports. The opportunist investors displayed their buying interest on fuel and power, food, bank, telecom and pharma sectors which helped the main index to settle at 11 points higher. ...

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Dow drops 200 points, Netflix leads tech shares lower

Stocks fell on Friday as Netflix led Big Tech shares lower while investors also grappled with weak overseas data, CNBC reports. The Dow Jones Industrial Average traded 205 points lower, or 0.8%, led down by Boeing and Johnson & Johnson. The S&P 500 pulled back 0.5% while the Nasdaq Composite declined by 1.1%. Friday’s losses briefly wiped out the weekly gains for the Dow and Nasdaq. ...

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Bourses edge down further

Country’s premier bourse, Dhaka Stock Exchange (DSE) edged down further today maintaining the trend of previous day following a gloomy appetite of investors, BSS reports. The broad index, DSEX closed in red at 4770.99 points on Thursday with a loss of 10.63 points or 0.22 percent. Besides, the two selective indices, DSE30 also declined by 6.44 points while the Shariah ...

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Bourses failed to sustain upsurge

 Country’s premier bourse, Dhaka Stock Exchange (DSE), failed to uphold the upsurge of previous day, BSS reports. The broad index, DSEX closed in red again at 4781.62 points on Wednesdaywith a loss of 40.01 points or 0.82 percent. Besides, the two selective indices, DSE30 also declined by 18.65 pointswhile the Shariah index, DSES decreased by 9.92 points to stand at ...

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Asian markets edge up but caution keeps traders in check

HONG KONG – Asian markets mostly rose but investor caution returned as the optimism fanned by Donald Trump’s much-vaunted China trade deal wore off, while the pound was boosted by a report saying a Brexit deal was taking shape, AFP reports. While Friday’s mini agreement between the world’s economic superpowers putoff fresh tariffs and saw them reach common ground on ...

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Asian markets rally after China, US reach partial trade deal

HONG KONG – Asian investors on Monday cheered a partial trade deal between China and the United States, sending regional markets rallying, though observers were sceptical about the overall significance of the agreement, AFP reports. Dealers took their lead from a strong performance on Wall Street aftertop-level negotiators ended two days of talks saying US tariffs due to takeeffect this ...

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Bourses continue downbeat

Country’s capital bourse, Dhaka Stock Exchange (DSE), today ended maintaining downbeat of previous day’s trading session, Agencies report. With a loss of 48.34 points or 1.00 percent from the previous day, the broad index, DSEX closed in red at 4761.87 points on Sunday. Besides, the two selective indices, DSE30 also declined by 15.37 points while the Shariah index, DSES decreased ...

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