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

Speakers stress boosting revenue collection for country's uplift

RAJSHAHI, Jan 26 (BSS): Speakers at a post-rally discussion Friday underscored the need for boosting revenue earnings for country's overall development.They said proper functioning of the country's business sector and other trade-related activities are the precondition to uplift the economic growth. There is no alternative to expand trade and business...

Emirates restores some capacity on US routes as demand returns

DUBAI, Jan 26 (Reuters): Emirates will increase the number of flights to some US cities, it said on Thursday, in a sign that demand dented by the policies of US President Donald Trump's administration could be returning.Emirates cut frequencies to five US cities last year, blaming new US restrictions on...

Under steel's shadow, iron ore to tumble 13pc in 2018

MANILA, Jan 26 (Reuters): The price of steelmaking ingredient iron ore will drop 13 per cent this year to around $60 a ton, pressured by plentiful supply, potentially slower demand in top consumer China and reduced profits on churning out steel, a Reuters poll showed.While China's crackdown on pollution and...

Oil firms as dollar falls further

SINGAPORE, Jan 26 (Reuters): Oil prices reversed earlier falls on Friday as ongoing weakness in the US dollar was seen supporting fuel consumption.Brent crude futures were at $70.40 per barrel at 0756 GMT, down 3.0 cents from their last close, after dropping as low as $70.07 earlier in the day.US...

S Korea's consumer confidence falls for two months

SEOUL, Jan 26 (Xinhua): Confidence among South Korean consumers over economic conditions fell for the second straight month on the local currency's ascent to the US dollar, central bank data showed Friday.The composite consumer sentiment index (CCSI) stood at 109.9 in January, down 0.7 points from the prior month, according...

Japan prices edge up 0.5pc in 2017, far below target

TOKYO, Jan 26 (AFP): Japan's consumer prices edged up in 2017 for the first time in two years, government data showed Friday, but inflation was still far below a longstanding target.Japan has notched up seven straight quarters of economic growth-the longest positive run for 16 years-with the upcoming 2020 Olympic...

Gold climbs back towards 17-month peak

BENGALURU, Jan 26 (Reuters): Gold rose on Friday, putting it on course for a near 2.0 per cent weekly gain and back towards the previous session's 17-month peak, as suggestions that senior US officials may support a weaker dollar knocked the currency lower. The dollar slid half a per cent...