Finance News: Latest Financial News, Finance News today in Bangladesh

EU warns US of counter-steps if car tariffs imposed

Tom Donohue BRUSSELS, July 02 (Reuters): The European Union (EU) has informed the United States that imposing import tariffs on cars and car parts would harm its own automotive industry. The EU warned US that its trading partners may take counter-measures on $294 billion of US exports.In a 10-page submission...

Quamruzzaman joins Sonali Bank as DMD

Quamruzzaman Chowdhury recently joined Sonali Bank Limited as Deputy Managing Director (DMD). Prior to his joining he was DMD of Rupali Bank Limited, says a release.Mr Quamruzzaman served as the General Manager of Sonali Bank Limited before his joining of Rupali Bank. During his service in Sonali Bank he worked...

Business confidence slips for 2nd straight quarter in Japan

TOKYO, July 02 (AFP): Confidence among Japan's biggest manufacturers has slipped for the second straight quarter, a key central bank survey showed on Monday.The Bank of Japan's Tankan report - a quarterly survey of about 10,000 companies - showed a reading of 21 among major manufacturers in its June survey...

China's central bank drains 20b yuan from mkt

BEIJING, July 02 (Xinhua): China's central bank drained 20 billion yuan (about 3 billion US dollars) from the financial system on Monday to ensure stable liquidity.The People's Bank of China (PBOC) didn't pump any money into the market through reverse repos on Monday, with 20 billion yuan in contracts maturing,...

News in Brief -(03-07-2018

Myanmar targets2.5m tonnes of riceexport this yearYANGON, July 02 (Xinhua): Myanmar's Rice Federation targets to export 2.5 million tons of rice this year, which is the country's major agricultural product, local Daily Eleven reported Monday. Meanwhile, the country earned 181.12 million US dollars from 528,400 tonnes of rice exports via...