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Asia’s LNG mkts distorted by oil price surge

SINGAPORE, Apr 25 (Reuters): Asia's liquefied natural gas market is being distorted as the cost of LNG bought under long-term contracts linked to oil prices jumps to double spot gas cargoes amid tighter US sanctions on Iran's crude exports and cuts in OPEC oil supply.The price gap between LNG traded...

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Akkas Uddin Mollah presiding over 278th board meeting of Shahjalal Islami Bank

Chairman of the Board of Directors of Shahjalal Islami Bank Limited Akkas Uddin Mollah presiding over the 278th board meeting of the company in the city on Wednesday. The meeting recommended 10 per cent stock dividend for the shareholders for the year ended 31st December 2018

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Jet Airways waits for a buyer as rivals muscle in on territory

Etihad, which already owns 24 per cent of the Jet Airways, has put in an initial bid showing interest in purchasing a stake in the carrier, according to Indian media, reports Gulf News.A revival of Jet Airways India, once the nation's biggest carrier by market value, is at risk as...

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Gold firms as weak data puts focus back on growth risks

BENGALURU, Apr 25 (Reuters): Gold inched higher on Thursday as weak economic data rekindled global growth fears, while bullion's recovery from four-month lows and an improved technical picture prompted some investors to cover their short positions.Spot gold was 0.2 per cent higher at $1,277.56 per ounce at 1003 GMT. US...

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China to increase Malaysian palm oil imports

KUALA LUMPUR, Apr 25 (Reuters): China plans to buy an additional 1.9 million tonnes of palm oil from Malaysia over the next five years and invest at least 2 billion ringgit ($480 million) in a biojet fuel plant, Malaysia's ministry of primary industries said on Thursday.The plans are outlined in...

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