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Metallurgical coal is set to rise from the doldrums as green steel ambition fades

2025-09-25 00:00:00

JIMBARAN, Indonesia, Sept 24 (Reuters): An industry that is shutting down some production as prices hover around four-year lows and higher taxes bite doesn't sound like it should be particularly bullish.But metallurgical coal producers have reason for medium- to long-term...

Palm oil ends higher on strong exports

2025-09-25 00:00:00

KUALA LUMPUR, Sept 24 (Reuters): Malaysian palm oil futures inched higher on Wednesday, supported by stronger exports and firmer soyoil, but palm oil losing its competitive advantage over soyoil capped the gains.The benchmark palm oil contract for December delivery on...

Gold holds near record high

2025-09-25 00:00:00

Gold prices steadied on Wednesday, hovering just below a record high hit in the previous session, as investors hunkered down for economic data due later in the week for further cues on the Federal Reserve's policy path, reports Reuters.Spot gold...

BADC WORKSHOP ON 'COMMUNITY SEED BANK'

2025-09-25 00:00:00

A workshop on 'Community Seed Bank and Adaptive Research' was held at the seminar hall of the Bangladesh Agricultural Development Corporation (BADC) head office in Dhaka on Wednesday. The workshop was organised by the Research Cell of BADC with funding...

Oil gains, lower US crude stockpiles provide floor

2025-09-25 00:00:00

LONDON, Sept 24 (Reuters): Oil prices rose over 1 per cent on Wednesday as an industry report showed US crude inventories declined last week, adding to a sense in the market of tightening supplies amid export issues in Kurdistan and...

Syria to boost digital payments through Mastercard pact

2025-09-25 00:00:00

JEDDAH, Sept 24 (Arab News): Syria is set to modernize its digital payments system after its central bank signed a memorandum of understanding with Mastercard, marking a major step toward reintegration into the global financial ecosystem. The agreement aims to...

Dubai property deals jump 44.5pc in Q2

2025-09-25 00:00:00

RIYADH, Sept 24 (Arab News): Dubai's real estate market surged in the second quarter, with sales transactions climbing 44.5 per cent year on year to 153.7 billion dirhams ($41.85 billion), a new report showed. According to real estate advisory firm...

German business morale in shock fall

2025-09-25 00:00:00

FRANKFURT, Sept 24 (AFP): German business sentiment unexpectedly fell in September, a closely watched survey showed Wednesday, in a setback for Chancellor Friedrich Merz as he tries to revive Europe's top economy.The Ifo institute's confidence barometer fell to 87.7 points,...

S Arabia inks deals with Chinese entities to strengthen industrial cooperation

2025-09-25 00:00:00

RIYADH, Sept 24 (Arab News): Saudi Arabia has signed multiple memorandums of understanding with Chinese business leaders to enhance industrial cooperation and promote the localization of advanced manufacturing technologies in the Kingdom. These agreements were signed on the sidelines of...

NZ names Sweden’s Anna as central bank governor

2025-09-25 00:00:00

WELLINGTON, Sept 24 (Reuters): New Zealand on Wednesday named Swedish national Anna Breman as its new central bank governor, the first woman in the role who joins following a major shakeup at the bank amid criticism over its management of...

NY’s finance sector faces risks from Trump visa crackdown

2025-09-25 00:00:00

NEW YORK, Sept 24 (AFP): On a bright September morning, employees stream through the turnstiles and vast lobby of Goldman Sachs' headquarters in the sunlit Battery Park City neighborhood of Manhattan.More than 9,000 people work at the investment bank's New...

IFIC Bank signs MoU with Pizza Hut

2025-09-25 00:00:00

IFIC Bank PLC signed a memorandum of understanding (MoU) with Pizza Hut, the international food chain at the Head Office of the bank on Wednesday. Under this agreement, any new IFIC Bank cardholder will receive a Pizza Hut coupon as...

Workers block Ctg airport road

OUR CORRESPONDENT | 2025-09-25 00:00:00

CHATTOGRAM, Sept 24: Several hundred workers of two factories at Chittagong Export Processing Zone (CEPZ) staged a demonstration on Wednesday by blocking Airport Road demanding payment of salary arrears.The four-hour blockade which began at 9:00 am snarled up the traffic,...

‘Marginal farmers, fishers remain ignored in UN's COP’

FE REPORT | 2025-09-25 00:00:00

Although marginal farmers and fishers remain among the most vulnerable to climate-induced disasters, their issues hardly get importance in the UN's annual Conference of the Parties (COP). The observation came at a roundtable discussion on "COP-30: Expectations and Challenges for...

Commercial Bank of Ceylon hosts 'Business Conclave'

2025-09-25 00:00:00

The Commercial Bank of Ceylon PLC (CBC) Bangladesh Operations hosted its flagship event, the CBC Business Conclave 2025, at a hotel in Dhaka recently, bringing together prominent business leaders, policymakers, diplomats, and dignitaries from across various industries to foster strategic...

Square Group to launch mobile healthcare initiative today

2025-09-25 00:00:00

In a landmark move to improve healthcare access across the country, Square Group is set to launch 'Chhappanno Hazar Square Mile Jure', a nationwide mobile healthcare initiative commemorating the birth centenary of its founder, Samson H. Chowdhury. The official ceremony...

ICC Bangladesh team visits Auckland, discusses trade, investment

2025-09-25 00:00:00

ICC Bangladesh President Mahbubur Rahman visited Auckland on September 5-9 along with a 5-member business delegation at the invitation of Auckland Business Chamber and ICC New Zealand, says a press release. The delegation held a meeting with Simon Bridges, ICC...

Govt looks for alternative funds as Indian LoC in limbo

FHM HUMAYAN KABIR | 2025-09-25 00:00:00

The government is looking for foreign funds from development partners to implement the protracted Sirajganj-Bogura rail line project as India is unwilling to finance it from the line of credit (LoC) programme, officials say.The project would require nearly $350 million...

US stocks may surge another 20 per cent before historic crash, says 'black swan' fund Universa

2025-09-25 00:00:00

NEW YORK, Sept 24 (Reuters): Market euphoria could carry US stocks another 20 per cent higher before giving way to a collapse on the scale of the 1929 crash that ushered in a global recession, according to tail-risk hedge fund...

Argentina bonds, peso extend rally with eyes on US support details

2025-09-25 00:00:00

NEW YORK/LONDON, Sept 24 (Reuters): Argentina's international bonds extended gains on Tuesday and the local peso firmed against the dollar after US President Donald Trump spoke in support of his right-wing peer in Argentina, Javier Milei, and his economic program.The...

Deadline for CCCI membership renewal Sept 30

OUR CORRESPONDENT | 2025-09-25 00:00:00

CHATTOGRAM, Sept 24: The deadline for renewal of the membership of the Chittagong Chamber of Commerce and Industry (CCCI) is September 30.In a press release, the CCCI authorities requested all of its members to complete their renewal by 5:00 pm...

US in talks with Argentina on $20b support

2025-09-25 00:00:00

WASHINGTON, Sept 24 (AFP): The United States said on Wednesday it was in talks with Argentina on a $20 billion program of economic support, buoying Argentina's markets and its embattled leader Javier Milei, a close ally of President Donald Trump.The...

Amazon to shut checkout-free UK grocery shops

2025-09-25 00:00:00

LONDON, Sept 24 (AFP): Amazon plans to shut all its grocery stores in Britain, after the shops without checkout registers failed to compete with online delivery demand.The US tech giant on Tuesday said the decision would impact all 19 Amazon...

US auto safety regulator opens probe into 17,000 Rivian vans

2025-09-25 00:00:00

NEW YORK, Sept 24 (Reuters): The US National Highway Traffic Safety Administration said on Wednesday it had opened a preliminary evaluation into 17,198 Rivian electric delivery vans over seat belt concerns.The probe focuses on the driver's front outboard seat belt...

Experts for comprehensive strategy to optimise benefits of US tariff deal

2025-09-25 00:00:00

Experts and policymakers underscored on Wednesday the need for a comprehensive national strategy to maximise the benefits of the recently signed Bangladesh-US tariff deal, saying the agreement offers both opportunities and challenges for the country's trade sector, reports BSS.They made...

MERCANTILE BANK HOLDS TRAINING ON AML & CFT IN NOAKHALI

2025-09-25 00:00:00

A daylong training programme on 'Prevention of Money Laundering & Combating the Financing of Terrorism' was held in Maijdee Court, Noakhali, under the guidance of Bangladesh Financial Intelligence Unit (BFIU) recently. Officials of different scheduled banks operating in Noakhali district...

ICB HOSTS VIEW-EXCHANGE MEETING WITH INVESTORS IN SYLHET

2025-09-25 00:00:00

Investment Corporation of Bangladesh (ICB) and its subsidiary companies arranged a view-exchange meeting with the investors and stakeholders of Sylhet Branch on Tuesday. The programme was held at a hotel in Sylhet. The meeting was presided over by Md. Sohel...

Modhumoti Bank holds 43rd meeting of Risk Management Committee

2025-09-25 00:00:00

The 43rd meeting of the Risk Management Committee of the Board of Directors of Modhumoti Bank PLC was held on Wednesday. The meeting was presided over by Mostafa Kamal, Chairman of the Board's Risk Management Committee of Modhumoti Bank. Among...

Bengal Commercial Bank hosts training on 'Entrepreneurship Development Program'

2025-09-25 00:00:00

Bengal Commercial Bank has inaugurated a month-long training programme to enhance the skills and business strength of the entrepreneurs in the Micro, Cottage, Small and Medium Enterprises (CMSMEs).The training is part of the 'Skills for Industry Competitiveness and Innovation Program...

PUBALI BANK INAUGURATES CRM BOOTH IN TONGI INDUSTRIAL AREA

2025-09-25 00:00:00

Pubali Bank inaugurated a cash recycler machine (CRM) booth at Tongi Industrial Area sub-branch to provide modern banking services. Azizur Rahman, director of Pubali Bank, inaugurated the booth as chief guest. Mohammad Ali, managing director & CEO, was present as...