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Stock close week up

WT24 Desk Stocks today closed the week upward with rising trend of all major price indices at Dhaka and Chittagong Stock Exchanges due to higher activities, BSS reports. The broader DSEX of Dhaka Stock Exchange (DSE) closed the week with 36.48 points up at 5,169.74. The blue-chip DS30 and Shariah DSES also closed the week with 2.31 points up at ...

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US, China resume trade talks with scant hopes for progress

WT24 Desk Shanghai — U.S. and Chinese envoys met Wednesday for talks aimed at ending a tariff war after President Donald Trump accused Beijing of trying to stall negotiations in hopes he will not win re-election in 2020, AP reports. Economists say quick breakthroughs are unlikely because the two governments face the same disagreements over China’s technology policy and trade ...

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Asian shares fall as markets look to US Fed rate decision

WT24 Desk Tokyo — Asian shares were mostly lower Wednesday as investors looked cautiously ahead to a key policy update from the U.S. Federal Reserve later in the day, AP reports. Japan’s benchmark Nikkei 225 fell 1.0% to 21,490.57 in early trading. Australia’s S&P/ASX 200 lost 0.3% to 6,823.70. South Korea’s Kospi dropped 1.1% to 2,015.92. Hong Kong’s Hang Seng ...

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Sensex rallies over 250 points on global cues

The 30-share index was trading 256.08 points, or 0.68 per cent, higher at 37,942.45. Similarly, the 50-share NSE Nifty rose 74.35 points, or 0.66 per cent, to 11,263.55. WT24 Desk Equity benchmark BSE Sensex on Tuesday rallied over 250 points on heavy buying in auto and banking stocks amid positive cues from other Asian markets and US-China trade talks, PTI ...

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Asia markets down as US-China trade talks loom

WT24 Desk HONG KONG – Asia markets were mostly down Monday, with investors cautious ahead of US-China talks in Shanghai this week and amid more civil unrest in Hong Kong, AFP reports. Two-day discussions begin on Tuesday with a Washington delegation led byWhite House Trade Representative Robert Lighthizer. But analysts are pessimistic about a resolution to the year-long tradedispute between ...

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Stocks flat on lower transactions

WT24 Desk Stock markets today witnessed flat when daily transactions declined on lower demand, Agencies report The day’s trade value at DSE declined to Taka 406 crore from Thursday’sTaka 467.93 crore and the daily trade fell to 15.46 crore shares from 18.27crore shares of the previous session. The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with0.68 ...

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London Stock Exchange confirms $27bn Refinitiv takeover talks

Takeover would create exchanges and data powerhouse 18 months after sale by Thomson Reuters WT24 Desk The London Stock Exchange Group has confirmed that it is in advanced talks to buy Refinitiv in a $27bn deal that would turn it into a global exchanges and data powerhouse.  The statement came after discussions between the parties were revealed by the Financial ...

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Asian markets tumble after disappointing US earnings

WT24 Desk HONG KONG – Asian markets were down across the board on Friday after disappointing US earnings and a bearish outlook on hopes for a Fed rate cut weighed on Wall Street overnight, AFP reports. Tesla and American Airlines both suffered bruising declines after postingquarterly results, while Amazon reported a slowdown in earnings growth as it ramped up one-day ...

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Asian shares higher, Korean Kospi dives after missile launch

WT24 Desk Bangkok — Asian shares rallied Thursday after the S&P 500 and Nasdaq closed at record highs, though South Korea’s Kospi declined after North Korea launched two short range missiles into the sea, AP reports. Japan’s Nikkei 225 index added 0.3% to 21,770.09 while the Kospi lost 0.8% to 2,065.41. In Hong Kong, the Hang Seng gained 0.3% to ...

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Nissan plans to shed 10,000 jobs worldwide, reports claim

Cuts would be twice as many as the carmaker announced in May and will increase fears of UK lossesWT24 Desk The carmaker Nissan plans to cut more than 10,000 jobs around the world as part of efforts to turn itself around, Japanese media have reported, Agencies report. Nissan announced in May it would cut 4,800 jobs from its global workforce of ...

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