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Saudi Aramco to sell 1.5% stake, valuing company up to $1.7T

Saudi Arabia’s state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much as $25.6 billion from the sale. The newly released figures also revealed a valuation for the ...

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Stocks end week of milestones at new highs; Dow tops 28,000

Wall Street closed out the week with more milestones Friday as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Health care and technology stocks powered most of the ...

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Alibaba backs Hong Kong’s ‘bright’ future with huge listing

Alibaba chief executive Daniel Zhang has praised Hong Kong’s “bright” future as the Chinese e-commerce giant prepares to list in the embattled financial hub, reports Hong Kong. The firm, which is already traded in the US, hopes to raise up ...

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NBR awards 142 tax card winners

Dhaka, Nov 14 : A total of 142 national-level tax card winners, including 75 individuals, 57 companies and 10 under other categories have been awarded by National Board of Revenue (NBR). The state revenue collection agency also awarded 521 top ...

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Asian stocks sink after Trump threatens more China tariffs

Asian stocks sank Wednesday after President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all ...

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First-ever Bangladeshi bond debuts on London Stock Exchange

The first-ever Bangladeshi Taka-denominated bond titled “Bangla Bond” amounting equivalent to $10 million has been listed on the London Stock Exchange (LSE) on Monday. The Bangla Bond was listed on the LSE by the International Finance Corporation (IFC), a private ...

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Export of onions: India says no to Bangladesh, but yes to Maldives

Though, India stopped exporting onions in Bangladesh, the country vows to export it to Maldives. Despite the crisis at home, Indian government has informed the Maldives that it would continue to export onions to the island nation at the same ...

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Saudi Aramco’s record IPO starts November 17

Saudi Arabia’s state-owned oil giant Aramco’s much-anticipated Initial Public Offering (IPO) will begin on November 17, the company’s prospectus said, without revealing the size of the stake sale or the pricing range, reports AFP. The 658-page document, released just before ...

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EU-Singapore trade deal takes effect November 21

A landmark trade deal between the EU and Singapore, a major hub for European businesses in Asia, will go into effect on November 21, a statement said on Friday. Both sides have praised the deal as a strong rebuke to ...

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US election 2020: Michael Bloomberg mulls presidential bid

Billionaire businessman Michael Bloomberg is strongly considering entering the race for the US Democratic Party’s presidential nomination. The ex-New York City mayor is concerned the current field of candidates is not good enough to beat Donald Trump in the 2020 ...

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