Finance News: Latest Financial News, Finance News today in Bangladesh

Oil falls as US delays decision on direct Iran involvement

SINGAPORE (Reuters): Oil prices fell on Friday, but remained on course for a third consecutive weekly rise, after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict.Brent crude futures fell $1.89, or 2.4%, to $76.96 a barrel by 1000 GMT. They were still set to gain...

Country's food situation highly satisfactory

PATUAKHALI, June 20 (BSS): Food Adviser Ali Imam Majumder today said the country's food situation remains highly satisfactory, thanks to a bumper Boro harvest, significantly boosting food grain stocks.Speaking at a view-exchange meeting at the Patuakhali Circuit House with food department officials from Patuakhali and Barguna, the adviser said: "If...

US sanctions target those giving Iran defence machinery

WASHINGTON (Reuters): The Trump administration said on Friday it had issued fresh Iran-related sanctions targeting eight entities, one vessel and one person for their alleged role in providing sensitive machinery for Tehran's defense industry."The United States remains resolved to disrupt any effort by Iran to procure the sensitive, dual-use technology,...

Rice prices double as Japan's core inflation hits 3.7pc

TOKYO, June 20 (AFP): Japan's core inflation rate accelerated to 3.7 percent in May, official data showed Friday, posing a threat to Prime Minister Shigeru Ishiba's leadership ahead of July elections.Rice prices were more than twice as high compared to a year previously, despite the government releasing its emergency stockpile...

Nepal PM welcomes 'good news' gas discovery

KATHMANDU, June 20 (AFP): Nepal's Prime Minister KP Sharma Oli welcomed as "good news" on Friday the discovery of large methane gas reserves in the Himalayan nation in a joint study with China."The news that there are 112 billion cubic metres of gas... is good news," Oli said in a...

Maersk halts stops in Haifa

COPENHAGEN, June 20 (AFP): Danish shipping giant Maersk announced Friday that it was temporarily suspending vessel calls in Israel's Haifa port due to the country's conflict with Iran.Maersk said it made the decision after "careful analysis of threat risk reports in the context of the ongoing conflict between Israel and...