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TCB intervention yields little impact on market price

The government's ongoing efforts have hardly yielded any visible impact on stabilising the market price of essential commodities during the holy month of Ramadan. As a result, the commoners are bearing the burden as the prices of key essential items remain unchanged at their highs in the city markets. Despite...

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Oil steady near $70 a barrel

LONDON, May 08 (Reuters): Brent oil held steady near $70 a barrel on Wednesday as record Chinese imports and tighter global supplies eased concerns about a deepening trade spat between the United States and China.US sanctions on crude exporters Iran and Venezuela as well as supply cuts by OPEC and...

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German industrial production lifts its head in March

FRANKFURT AM MAIN, May 08 (AFP): Industrial production in Europe's largest economy Germany ticked up in March, official data showed Wednesday, suggesting some lightening of the gloom that has fallen over Europe's largest economy.Output added 0.5 per cent month-on-month, federal statistics authority Destatis said in figures adjusted for price, seasonal...

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Gold price hits one-week high

BENGALURU, May 08 (Reuters): Gold prices hit their highest level in more than a week on Wednesday as renewed concern over the US-China trade dispute and its potential impact on global growth dented risk sentiment, spurring some demand for safe-haven assets.Spot gold was up 0.2 per cent at $1,287.20 per...

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Luna Shamsuddoha presiding over Janata Bank 12th AGM

Janata Bank Limited Chairman Luna Shamsuddoha presiding over the bank's 12th annual general meeting at the board room of the bank in the capital on Wednesday. Government representatives, directors, CEO and Managing Director Md. Abdus Salam Azad and senior executives were present

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