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

REHAB seeks long-term loan for sector\\\'s expansion

The country's realtors seek long- term loan from the commercial banks for the expansion of the real estate sector. They placed the demand to commerce minister Tofail Ahmed at a meeting at the latter's secretariat office on Sunday to resolve problems of the real estate industry. A 12- member REHAB...

BNP Paribas fine shows dollar\\\'s key role in global markets

PARIS, July 6 (AFP) : As the world's reserve currency, the dollar gives Washington a powerful influence over global financial markets -- a point underlined again this week when a record fine was levelled against France's leading bank. French banking giant BNP Paribas has agreed to pay $8.9 billion (6.5...

RIL, BP & Niko Resources slap arbitration notice for gas price hike

NEW DELHI, July 6 (PTI): Reliance Industries and its partners BP plc of UK and Canada's Niko Resources have slapped an arbitration notice on the government seeking implementation of a delayed gas-price rise. The trio had on May 9 issued a "pre-arbitration notice" saying failure to implement the increase from...

Foreign investors turn eyes to US oil patch

WILLISTON, ND, July 6 (Reuters) : Foreign investors more familiar with projects in the emerging markets of Eastern Europe and tropical escapes of Southeast Asia are finding a new destination for their dollars and francs: Western North Dakota's oil patch that's home to booming towns, low unemployment rates and high...

Norway union to ask oil services workers to vote on wage offer

OSLO, July 6 (Reuters) : Norwegian labour union Industri Energi will ballot its members over a wage deal it reached early on Sunday with oil services companies, following state-mediated talks to avoid a strike, the negotiating parties said. "A little over 4 am (0200 GMT), the parties came to an...

Palladium prices hit 13-year highs as demand increases

LONDON, July 6( Reuters): Palladium prices hit 13-year highs on Friday, driven by expectations that South African supply will remain constrained after a lengthy strike and that demand from Chinese and US carmakers will improve. Spot palladium hit a high of $865 an ounce, its highest since February 2001, and...