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

Gold price drops by Tk 5,482 per bhori

Gold prices in Bangladesh have been cut by Tk 5,482 per bhori, with the price of 22-carat gold now set at Tk 241,445, according to the Bangladesh Jewelers Association, reports UNB.In a statement issued on Wednesday morning, BAJUS said the new prices were fixed considering the overall market situation, particularly...

India to invest around $3.0b to boost air connectivity

NEW DELHI, Mar 25 (Reuters): India, the world's fastest-growing aviation market, will invest $3.06 billion as part of a programme to increase air transport to under-served regions in the country, it said on Wednesday.The country is relying on a boom in aviation to boost job creation and drive economic growth,...

Middle Eastern funds reap record gains from Chinese AI companies

RIYADH, Mar 25 (Arab News): Middle Eastern funds have reaped exceptional gains from their bets on newly listed Chinese artificial intelligence companies, defying a broader sell-off in global stock markets triggered by the ongoing conflict in the Gulf. The Abu Dhabi Investment Authority's $65 million investment, which it made as...

German business morale falls as war puts recovery on ice

FRANKFURT, Mar 25 (AFP): German business morale fell in March as the war in the Middle East puts hopes of a recovery in Europe's struggling top economy "on ice", a key survey showed Wednesday.The Ifo institute confidence barometer dropped from 88.4 in February to 86.4 in March as the energy...

UK annual inflation steady before oil price surge

LONDON, Mar 25 (AFP): Britain's annual inflation rate was unchanged at 3.0 per cent in February, official data showed Wednesday ahead of an expected jump as the Middle East war has sent oil prices surging.At 3.0 per cent, unchanged from January, the latest Consumer Prices Index (CPI) reading remains above...

China Eastern to buy 101 Airbus A320neo planes in $15.8b deal

BEIJING, Mar 25 (AFP): China Eastern Airlines said on Wednesday it has signed a $15.8 billion deal to buy 101 Airbus A320neo planes, after Germany's leader signalled during a China visit last month that a purchase had been secured.Several Western governments have been seeking to boost trade ties with Beijing...

Meta ordered to pay $375m in New Mexico trial over child exploitation

NEW YORK, Mar 25 (Reuters): A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram and WhatsApp and of enabling child sexual exploitation on those platforms.After...

Egypt targeting 5.4pc GDP growth in 2026/27 budget

RIYADH, Mar 25 (Arab News): Egypt is targeting gross domestic product growth of 5.4 per cent, inflation stabilization, and a primary surplus of 1.2 trillion Egyptian pounds ($22.7 billion) during the 2026/27 fiscal year, a top official revealed.Speaking during a meeting with President Abdel-Fattah El-Sisi to review the priorities and...