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

Trump strikes deals on trade, critical minerals in Southeast Asia

KUALA LUMPUR, Oct 26 (Reuters): The United States signed a flurry of deals on trade and critical minerals with four Southeast Asian partners on Sunday, looking to address trade imbalances and diversify supply chains amid tighter export curbs on rare earths by China.US President Donald Trump, who is in Kuala...

Kaptai lake fisheries landing station to be modernised

RANGAMATI, Oct 26 (BSS): Fisheries and Livestock Adviser Farida Akhter on Sunday stressed the need for modernising infrastructure to protect and boost fisheries resources in Kaptai Lake. "If important establishments, including the Rangamati BFDC landing station, can be modernised, it will greatly enhance fisheries resources and their related activities," she...

Saudi agriculture sector adds $31.5b to GDP

JEDDAH, Oct 26 (Arab News): Saudi Arabia's agricultural sector contributed $31.5 billion to the country's gross domestic product in 2024, driven by rising production and initiatives that strengthened food self-sufficiency, according to official data. Total agricultural and food production exceeded 16 million tonnes last year, reflecting progress toward building resilient,...

US, Vietnam agree to boost trade

HANOI/KUALA LUMPUR, Oct 26 (Reuters): The United States and Vietnam will finalise a trade agreement in the coming weeks that will maintain 20 per cent tariffs on most Vietnamese goods but lift duties on certain products that will be decided at a later stage, the White House said on Sunday.In...

China proposes tougher steel capacity swap plan to curb overcapacity

BEIJING, Oct 26 (Reuters): China on Friday unveiled a proposal for a more stringent steel capacity swap plan to reduce existing capacity and rebalance supply and demand, 14 months after it paused the old programme.The original swap plan required steel mills to remove at least an equal amount of older...

Angola bids for majority stake in De Beers

LONDON, Oct 26 (Reuters): Angola has bid for a majority stake in Anglo American unit De Beers, a source familiar with the matter told Reuters on Friday, setting up a potential standoff with neighbouring Botswana which is also seeking control of the diamond producer.De Beers, one of the world's leading...

Hobbled by US tariffs, carpet weavers in India's Kashmir struggle to stay afloat

SRINAGAR, India, Oct 26 (Reuters): Gulzar Ahmad Bhat, a former carpet weaver in India's Jammu and Kashmir region, now sells tea on the shores of the scenic Dal Lake, abandoning his craft of 35 years after increased US tariffs left him unable to afford his children's school fees and medicine...