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

Oil falls as investors await clarity after Iran, Israel halt attacks

LONDON, June 9 (Reuters): Oil prices fell on Tuesday, erasing most of the previous session's gains, after Iran and Israel said they had halted attacks on each other following an appeal from US President Donald Trump, though both sides warned they could resume hostilities.Brent crude futures were down $1.55, or...

Gold inches higher, but US rate-hike fears cap gains

Gold edged higher on Tuesday supported by lower oil prices as tensions eased in the Middle East, but concerns about US interest rate hikes ahead of key inflation data this week capped gains, reports Reuters.Spot gold was up 0.3 per cent at $4,340.31 per ounce as of 1156 GMT. The...

Malaysian palm oil price falls to 2-week low on weak export demand

KUALA LUMPUR, June 9 (Reuters): Malaysian palm oil futures closed at their lowest level in two weeks on Tuesday, reversing gains in the previous session, as sluggish export demand continued to weigh on the market. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was...

India's fertiliser ministry seeks to double subsidy fund

NEW DELHI, June 9 (Reuters): India's fertiliser ministry has sought to double its budgeted subsidy fund for the current fiscal year amid a global price rally, a government official said, as the South Asian nation increasingly counts the mounting cost of the Iran war. India, where farming is a mainstay,...

Emirates to offer incentives, safety assurances as Iran war hits travel

BERLIN, June 9 (Reuters): Emirates will roll out incentives aimed at winning back customers worried about the protracted Iran war, focusing on safety and reliable travel connections rather than lower fares, the Gulf airline's President Tim Clark told Reuters on Tuesday.The state-backed airline will stick to its strategy of maintaining...

Arabica coffee edges higher

LONDON, June 9 (Reuters): Arabica coffee futures on ICE edged up on Tuesday, boosted by the prospect of some delays to the harvest in top producer Brazil while cocoa prices were also higher.Arabica coffee was up 0.8% at $2.4785 per lb at 1107 GMT as the market edged further away...