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Asian spot LNG prices stable amid muted demand, strong supply

LONDON, Sept 19 (Reuters): Asian spot liquefied natural gas prices remained flat this week on high storage inventories and continued muted demand.The average LNG price for November delivery into north-east Asia was at $11.50 per million British thermal units (mmBtu), unchanged from last week, industry sources estimated."Spot prices remained fairly...

JANATA BANK'S 'FOUNDATION COURSE FOR OFFICERS' BEGINS

Janata Bank Staff College Dhaka organised a 25-day 'Foundation Course for Officers'. Managing Director of Janata Bank PLC Md Mazibur Rahman inaugurated the course recently. Some 50 officers of the bank are taking part in the course.

Nepal's tourism recovering from shocks: Envoy

Nepalese Ambassador to Bangladesh Ghanashyam Bhandari has highlighted the resilience of Nepal's tourism industry, stressing that it has always managed to recover swiftly despite various shocks.Speaking as a special guest at the inaugural ceremony of the 12th Asia Tourism Fair being held in Dhaka from 18-20 September, Ambassador Bhandari emphasised...

Malaysian palm oil prices close lower

JAKARTA, Sept 19 (Reuters): Malaysian palm oil futures reversed earlier gains and fell on Friday, as the contract tracked losses in rival soyoil at the Chicago exchange and booked a second weekly decline.The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange lost 11 Malaysian ringgit,...

UK retail sales rise by more than expected

LONDON, Sept 19 (Reuters): British retail sales rose by a stronger-than-expected 0.5% in August, helped by sunny weather, but sales growth in July was revised slightly down, official figures showed on Friday.Economists polled by Reuters had mostly expected that retail sales volumes would increase by 0.3%.The Office for National Statistics...

Kenya seeks to strike US trade deal by year-end, minister says

NAIROBI, Sept 19 (Reuters): Kenya expects to conclude a trade deal with the United States by year-end, its trade minister told Reuters, a move that could cushion its exports to a key market if an existing regional trade arrangement that expires this month is not renewed.Trade Minister Lee Kinyanjui's remarks...

Gold edges higher with spotlight on Fed policy path

Gold prices moved higher on Friday and headed for a fifth straight weekly gain, with market attention focused on further US rate cut cues after the Federal Reserve delivered its first rate cut of the year, reports Reuters.Spot gold was up 0.3% at $3,653.86 per ounce by 9:17 am EDT...