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Stocks maintain gaining streak for fourth straight day

Stocks in Bangladesh yesterday maintained their gaining streak to four days consecutively riding on investors’ increased interest in shares of food and allied, pharmaceutical, financial and telecommunication companies. ....

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US Puts Pressure on Bangladesh as Opposition Boycotts Election

(Bloomberg) Bangladesh’s Prime Minister Sheikh Hasina is set to extend her 15-year rule in a boycotted election on Sunday. The question now is whether Western governments led by the US will punish the country for its democratic backsliding and push it closer to China.Most Read from BloombergIslamic State Claims Responsibility for Deadly Iran BlastsJust a Billion Doesn’t Cut It on This Exclusive Florida IslandBusiness Insider Says Ackman’s Wife Plagiarized Doctoral ThesisTech’s Losing Streak E ....

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Bangladesh floats currency for first time to get more IMF funds

While Bangladesh is not heavily indebted, it joins several such countries in loosening a tight grip on local currencies in order to get financing from the Washington-based lender. Pakistan, Egypt and Lebanon were among those that have dropped their fixed exchange rates this year. ....

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