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

Oil prices drop 2pc on global supply growth potential

LONDON, Sept 29 (Reuters): Oil prices fell by nearly 2 per cent on Monday as OPEC+ plans for another increase to oil output in November and the resumption of oil exports by Iraq's Kurdistan region via Turkey raised the global supply outlook.Brent crude futures dropped $1.26, or 1.8 per cent,...

Meena Bazar leads way in sustainable aquaculture supply chain

Meena Bazar has signed a landmark MoU with the FoodTechBangladesh (FTB) project to revolutionise Bangladesh's aquaculture supply chain, becoming the first forward-linkage partner to source fish produced through safe, sustainable, and environmentally responsible farming. Supported by the Government of the Kingdom of the Netherlands, the initiative unites Gemini Sea Food...

Gold hits record high ---

Gold prices surged past $3,800 an ounce for the first time on Monday, setting a new record as investors flocked to the safe-haven asset on US rate cut expectations, fears of a potential government shutdown and escalating geopolitical tensions, reports Reuters.Spot gold jumped 1.6 per cent to $3,820.96 per ounce...

United Finance signs deal with Bangladesh Bank's Credit Guarantee Dept

An agreement was signed between Bangladesh Bank's Credit Guarantee Department (CGD) and United Finance PLC under the Credit Guarantee Scheme (CGS) Facility for Term Loans amounting to Tk 250 billion, marking a significant step toward expanding access to finance for eligible borrowers across the country. Muhammad Nazmul Haque, Director of...

Uttara Bank holds Business Development Conference

Uttara Bank PLC held the 'Business Development Conference-2025' at a city hotel on Saturday. Azharul Islam, Chairman of the Board of Directors of the bank, was present as the chief guest. The conference was presided over by Md. Abul Hashem, Managing Director & CEO of the bank. Badrunnesa Sharmin Islam,...

Malaysian steel industry roadmap aims for "fully green" sector by 2050

KUALA LUMPUR, Sept 29 (Reuters): Malaysia is planning a revamp of its steel industry that aims to manage overcapacity, restructure licensing and prepare for decarbonisation with a goal of achieving a "fully green" sector by 2050, trade minister Tengku Zafrul Aziz said on Monday.The 10-year roadmap includes establishing clear licensing...

US to open millions of acres of federal land to coal leasing

WASHINGTON, Sept 29 (Reuters): The US Department of the Interior on Monday said it would open 13.1 million acres (53,013.8 square kilometers) of federal land for coal leasing, as the Trump administration seeks to reverse the decline of the fuel's use.President Donald Trump signed executive orders in April to increase...

Pakistan buys 80,000 tons sugar

HAMBURG, Sept 29 (Arab News): Pakistan's state agency the Trading Corporation of Pakistan (TCP) issued a tender to purchase 100,000 metric tons of white refined sugar and is believed to have bought 80,000 tons in a tender that closed last week, European traders said on Monday.The deadline for price offers...