CME precious metals stocks soar on Trump tariff threat

LONDON/BENGALURU, Jan 18 (Reuters): Gold stocks in COMEX-approved warehouses have jumped by one-third in the past six weeks as market players sought deliveries to hedge against the possibility of import tariffs from incoming US president Donald Trump.With Trump's inauguration due...

Markets are betting China will let yuan fall as Trump takes power, but not much

SINGAPORE, Jan 18 (Reuters): Financial markets are betting China will not use the yuan as a policy tool to offset expected US tariffs in a second Donald Trump presidency, based on a view that sharp depreciation like that seen in...

IAMCL, LANKABANGLA SECURITIES SIGN SELLING AGENT AGREEMENT

IAMCL, LANKABANGLA SECURITIES SIGN SELLING AGENT AGREEMENTICB Asset Management Company Limited (IAMCL) and LankaBangla Securities on Thursday signed a selling agent agreement at the ICB head office at DIT avenue in the capital's Motijheel. The agreement aims to boost the...

SOUTHEAST BANK HOLDS BUSINESS CONFERENCE

SOUTHEAST BANK HOLDS BUSINESS CONFERENCESoutheast Bank recently organised the "Business Policy and Planning Conference-2025" to evaluate its business position and formulate future plans. Nuruddin Md. Sadeque Hossain, managing director of the bank, presided over the meeting with participation from divisional...

Market monitors to come under stricter scrutiny: DSE chief

The market surveillance unit of the Dhaka Stock Exchange (DSE) will be made accountable to its board from now on, said the chief of the prime bourse. Until now, the unit was only answerable to the securities regulator. The strategic...

Promising stocks are cheaper than junk ones

Large-cap companies having stronger fundamentals are cheaper now on the bourses compared to small-cap firms with poor business performance. Price-to-earnings (P/E) ratios reveal such a picture of the current market. A P/E ratio indicates a stock price relative to the...

The untold loneliness of entrepreneurship

Tanjim Hasan PatwaryEntrepreneurship in Bangladesh is having a moment. Youths nowadays are inclined towards entrepreneurial life although it doesn't represent the majority but the growing glamour of doing something interesting and meaningful is luring a lot of them. With Dhaka...

How freshers can tackle the transition from study to work

Entering the workforce is often quite exciting for any freshly minted graduate. After a long and challenging 16 years of academic life followed by a tiresome ordeal of searching for jobs, getting into the white-collar workforce in the context of...

Celebrating youth's creativity, culture, and consciousness

A glimpse into the vibrant world of Arka Fashion Week 2025 being held in Dhaka It is no wonder that we frequently find ourselves struggling to adapt to constant changes. In such moments, we seek stability and connection, wondering how...

Russian attack leaves 4 dead in Kyiv

KYIV, Jan 18 (AFP): A Russian attack has killed four people and injured three in the Ukrainian capital of Kyiv, the city's military administration said Saturday."We already have four dead in Shevchenkivsky district," said Tymur Tkachenko, head of Kyiv's military...

Trump administration plans mass immigrant arrests

WASHINGTON, Jan 18 (AFP): US immigration authorities will carry out mass arrests of undocumented immigrants across the country on Tuesday, a top border official in the incoming administration of Donald Trump has said. The move would be among the first...

Yoon seeks release as court reviews arrest

SEOUL, Jan 18 (AP): South Korea's impeached president on Saturday argued for his release before a Seoul judge as the court reviewed whether to grant a law enforcement request for his formal arrest.Yoon, who has been in detention since he...

Two judges shot dead at Iran's supreme court

TEHRAN, Jan 18 (AFP): Two judges were killed in a shooting attack on Saturday at the Supreme Court building in Tehran, state media reported."This morning, a gunman infiltrated the Supreme Court in a planned act of assassination of two brave...

State-run bus service being thwarted

The government inaugurated the air-conditioned (AC) bus services on Gazipur's Shibbari to Dhaka's Gulistan route under the Bus Rapid Transit (BRT) project. Initially, the authorities launched 10 buses on the route on an experimental basis with the hope of easing...

Mother Nature's wrath

Imagine growing up in a home where your memories, safety, and warmth are intertwined, only to see it burn before your eyes. This nightmare is a reality for thousands in Los Angeles, California, as wildfires rage uncontrollably. Despite combined efforts...

Graffiti that stirred up a hornet's nest

In the midst of the collective national endeavor to transition to a healthy democratic culture and practices, the recent assault on aggrieved indigenous students in front of the National Curriculum and Textbook Board (NCTB) building in Motijheel will go down...

Need for a predictable tax policy

A transparent, consistent and predictable tax structure is necessary not just for successful revenue generation; it is also for encouraging investment which is vital for the development of the national economy. It plays a crucial role in inviting foreign direct...

Ctg Abahani finally break jinx

Chittagong Abahani finally broke the jinx as they tasted their first win in the ongoing Bashundhara Group Bangladesh Premier League football, beating Bangladesh Police Football Club by a 1-0 goal at Rafiq Uddin Bhuiyan Stadium in Mymensingh on Friday, reports...

BTRC proposes stricter QoS standards for telcos, ISPs

FE REPORTThe Bangladesh Telecommunication Regulatory Commission (BTRC) has proposed stricter Quality of Service (QoS) standards for mobile-phone operators and internet service providers (ISPs), introducing the provision of fines for non-compliance under the Bangladesh Telecommunication Regulation Act 2001. The move aims...

Don’t ban onion import until May

FE REPORTSonamasjid-based traders have urged the government not to impose ban on onion import until May this year for the interests of local consumers and farmers as well, sources said.The traders fear that price of onion will rise manifold in...

EU calls for consensus on priority reforms

With the submission of the recommendations of the first four reform commissions on 15 January, the European Union (EU) now looks to the interim government and political parties to identify priority reforms on which there is consensus, reports UNB.The EU...

Refiners press for edible oil price hike despite global fall

Local refiners pressed the government twice this month to raise edible-oil prices despite a falling trend in prices in the global market in recent weeks, sources say. This came after the government on December 9 last year raised bottled soybean...

Fowl, fish pricier, veg gives relief

Vegetable prices have continued to decline notably over the past week, offering some relief to consumers, but the prices of fish and chickens are on an upward trend, posing challenges to low-income households.A visit to various markets in Dhaka on...

Twin push comes thru bus purchases, signaling setup

Two new push-through projects are initiated for launching full-fledged rapid-transit bus services in Dhaka, which is expected to dilute a slew of nagging problems the capital city smart from. Dhaka BRT Company is undertaking the two schemes for the bus...

Current account surplus with EU $23.08b in FY24

Bangladesh's current account surplus with the European Union (EU) climbed to $23.08 billion in fiscal year (FY) 2023-24 riding on the back of robust exports to the 27-member economic bloc.Net inflows from goods exports, mostly clothing items, to the EU...

Draft ordinance on SC judge appointment approved

The Advisory Council of the Interim Government has given its final approval to the draft of the 'Supreme Court Judges' Appointment Ordinance 2025'.The council approved the draft in its meeting held on Thursday, according to a press release issued by...

Fund may delay releasing fourth tranche of loan

Finance officials fear the release of next tranche of International Monetary Fund (IMF) loan can be delayed, or even halted, as the government backtracked on the just-hiked VAT and SD for some items.An IMF note of dismay to Bangladesh finance...

Lowers FY'25 GDP growth to 4.1pc, far below earlier projection

A latest World Bank reappraisal of Bangladesh's economic condition lowers growth projection to 4.1 per cent for the current fiscal, discounting 1.6-percentage points from its fairly higher previous rating, citing multiple adversities.Earlier in June 2024, the Washington-based global lender forecast...

Weather may remain dry today''''----

Weather may remain dry todayWeather may remain dry with temporary partly cloudy sky over the country until 6:00 pm today (Saturday), according to the Met office.Light to moderate fog may occur at places over the country during late night to...

Sharmeen S Murshid, Adviser to the Ministries of Social Welfare, and Women and Children Affairs,

Sharmeen S Murshid, Adviser to the Ministries of Social Welfare, and Women and Children Affairs, was present as the chief guest at the award giving ceremony of the 6th RIoT National Creative Challenge, held at the Independent University, Bangladesh (IUB)...