China's biggest state banks cut deposit rates

Industrial and Commercial Bank of China Ltd (601398.SS), Agricultural Bank of China Ltd (601288.SS), Bank of China Ltd (601988.SS) and China Construction Bank Corp (601939.SS) all cut their rates from Thursday, websites from each bank showed.
8 June 2023, 05:32 AM

Gold price rises by Tk 1,749 a bhori

According to the new rates, each bhori or 11.664 grammes of 22-carat gold will be sold at Tk 98,444
7 June 2023, 14:25 PM

$858 million WB financing for climate resilient agri growth, road safety

Bangladesh and the World Bank today signed two financing agreements in this regard
7 June 2023, 11:41 AM

Exclusive: China's state banks told to lower cap on dollar deposit rates -sources

In a rare attempt to bolster China's yuan, a self-regulatory body overseen by the country's central bank has told major state-owned banks to lower dollar deposit interest rates, four people with direct knowledge of the matter said.
7 June 2023, 09:47 AM

Oil extends losses as economic slowdown concerns return

Oil fell for a second day on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi Arabia's surprise weekend pledge to deepen output cuts.
7 June 2023, 08:01 AM

Oil falls as global backdrop outweighs Saudi output cut

Oil prices edged lower early on Tuesday, coming off gains made the previous day as concerns about the global economic backdrop outweighed supply worries raised when Saudi Arabia announced its biggest output cut in years.
6 June 2023, 06:33 AM

Dollar bears bide their time as US economic strength persists

The dollar is up 2.5 per cent from its recent low against a basket of currencies and stands near its highest level since March.
5 June 2023, 06:25 AM

Saudi pledges big oil cuts in July as OPEC+ extends deal into 2024

Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group seeks to boost flagging oil prices.
5 June 2023, 05:58 AM
4 June 2023, 12:41 PM

Biden signs debt limit bill, avoiding US default

President Joe Biden on Saturday signed a bill that suspends the US government's $31.4 trillion debt ceiling, averting what would have been a first-ever default with just two days to spare.
4 June 2023, 09:39 AM

Outage curtails FBCCI's event where it demanded uncut power

The apex trade body gives budget reaction
3 June 2023, 13:35 PM

India's forex reserves fall for second straight week

It declines to $589.14 billion as of May 26
3 June 2023, 12:22 PM

Berger to keep Rupali Chowdhury as MD for three years more

The company has also appointed Md Mohsin Habib Chowdhury as its chief operating officer.
2 June 2023, 13:16 PM

Banks increase dollar buying rate

Exporters, remittance recipients will get Tk 107 for $1
31 May 2023, 15:33 PM

Bangladesh-Thai Chamber wants to sign FTA with Thailand

BTCCI president meets Thai envoy to Bangladesh
31 May 2023, 08:48 AM

StanChart breaks record with Tk 1,655 crore profits

No bank in Bangladesh has ever made so much profit in a year
29 May 2023, 12:27 PM

Gold prices drop by Tk 1,749 a bhori

Each bhori will cost Tk 96,695 from tomorrow
28 May 2023, 12:53 PM

Application deadline extended for Bangladesh Immigrant Day show to be held in New York

Interested participants can submit applications until May 31
24 May 2023, 14:24 PM

UAE-based wealth manager buys 3.42 crore shares of Islami Bank

BTA Wealth Management spent Tk 111 crore for over 2% stakes in IBBL
24 May 2023, 13:54 PM

Md Jashim Uddin to be new president of Saarc Chamber

He is also the president of FBCCI and BPGMEA
22 May 2023, 12:45 PM