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

Vegetable prices go up in Dhaka on short supply after rain

The vegetable prices have skyrocketed in the kitchen markets of the capital city after the late autumn rain across the country damaged fields.Prices of most of the vegetable increased by Tk20 to 40 per kg selling at Tk 80 to Tk 120 per kg on Friday, reports UNB.Traders and wholesalers...

US-Bangla gets recognition as IATA Airline

US-Bangla Airlines has become the first domestic private airline to be recognised as an International Air Transport Association (IATA) airline, reports UNB.By 2023, 18 airlines in the world have achieved accreditation as IATA Airlines, among which US-Bangla is one. Although several private airlines in Bangladesh have been operating in the...

Gold gains on safe-haven inflows, set for best week since March

SINGAPORE, Oct 13 (Reuters): Gold jumped more than 2 per cent and was set for its best week in seven months on Friday, as conflict in the Middle East lifted safe-haven demand for the metal, combined with expectations that the US interest rates may have peaked.Spot gold rose 2.1 per...

Oil surges $3 on US sanctions, tight stockpile forecasts

LONDON, Oct 13 (Reuters): Oil prices leapt $3 on Friday after the US tightened its sanctions programme against Russian crude exports, raising supply concerns in an already tight market, with global inventories forecast to decline through the fourth quarter.Brent futures rose $2.88 to $88.88 per barrel as of 1050 GMT....

Germany gas supply secure for coming winter

BERLIN, Oct 13 (AFP): Germany will avoid gas shortages in the coming winter, Berlin's economy minister said, dodging the worst scenarios predicted after Russian gas supplies to the country were cut last year."The (gas) reserves are full. If everything goes well, we will get through the winter without any trouble,"...

Iron ore buyers bet bad China property news is actually good

LAUNCESTON, Australia, Oct 13 (Reuters): Iron ore investors appear to be taking the view that bad news is actually good news, bidding up the spot price even as the property woes afflicting top importer China appear to be worsening.The somewhat contrarian position is based on the expectation, or perhaps better...

European gas prices jump

European gas prices rallied in the week to Oct. 13 as geopolitical risk factors trumped supply and demand fundamentals with coal and carbon prices only registering moderate gains, reports The Economic Times.Gas price benchmark TTF front-month jumped 46 per cent over the course of the week to a Eur52.95/MWh close...