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

Western Marine delivers three ships to UAE

Western Marine Shipyard Ltd. (WMShL), a leading shipbuilder of the country, has delivered three ships to the UAE and three others will be delivered next month to meet its export order target this year.The internationally-reputed company has a record of exporting 36 ships to 12 countries, earning inward remittances worth...

Janata Bank Holds Training Course on SWIFT MX Migration

Overseas Banking Department of Janata Bank PLC organised a daylong training course titled 'SWIFT ISO 2022 Migration: Introducing PACS' at Janata Bank Staff College in Dhaka recently. Managing Director of the bank Md Mazibur Rahman inaugurated the course. A total of 25 officers participated in the training course. Mohammad Anis,...

Oil rises about 2pc on trade talk optimism

LONDON, Oct 22 (Reuters): Oil prices pushed higher for a second day on Wednesday, rising by about 2 per cent, buoyed by hopes of progress for a US trade deal with China and India.Brent crude futures rose $1.19, or 1.9 per cent, to $62.51 a barrel as of 1313 GMT,...

Gold extends fall as investors book profits ahead of US inflation data

Gold prices fell on Wednesday to a near two-week low, following their sharpest single-day drop in five years in the previous session, as investors booked profits ahead of key US inflation data due this week, reports Reuters.Spot gold was down 1.7 per cent at $4,054.69 per ounce, as of 09:22...

Malaysia seeks foreign partnerships to develop rare earth sector: state media

KUALA LUMPUR, Oct 22 (Reuters): Malaysia is open to foreign companies establishing joint ventures with local firms to develop rare earths in the country, state media reported on Wednesday, citing the trade minister.The Southeast Asian country has some 16.1 million metric tons of rare earth deposits, according to government estimates,...

Brazil forest loss linked to coffee hit 737,000 hectares in 21 years

SAO PAULO, Oct 22 (Reuters): Brazilian deforestation linked to coffee crops hit 737,000 hectares (1.8 million acres) between 2002 and 2023, according to a report on Wednesday that warned negative environmental impacts from forest loss could affect the country's coffee industry.Direct deforestation - where land was cleared to grow coffee...