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

Oil heads for weekly gains as Middle East supply risks persist

LONDON, July 10 (Reuters): Oil prices rose on Friday and were on track for weekly gains as renewed US-Iran fighting disrupted shipping in the Strait of Hormuz, stoking concerns over supply disruptions.Brent futures were up 60 cents, or 0.8 per cent, at $76.90 a barrel by 1131 GMT. US West...

ICSB signed MoU with the Deportment of Accounting, DU

The Institute of Chartered Secretaries of Bangladesh (ICSB) and the Department of Accounting, University of Dhaka (DU), signed a Memorandum of Understanding (MoU) on Thursday at the Faculty of Business Studies, DU marking a significant milestone in strengthening collaboration between academia and the professional community, says a press release. The...

ISLAMI BANK HOLDS CLIENTS' GET-TOGETHER

Islami Bank Bangladesh PLC organised a clients' get-together at its Uttara Branch on Wednesday. Md. Altaf Hossain, Managing Director (Acting) of the bank, attended the programme as the chief guest. Md. Mahbub-A-Alam, Senior Executive Vice President & head of Dhaka Central Zone, presided over the meeting while Dr. Imam Hossain,...

51 years of Concord shaping a nation

When a nation passes its Golden Jubilee, the natural corporate instinct is to look backward. But for Concord Group, crossing the 50-year mark is a catalyst for a new era. As the country's premier infrastructure and real estate pioneer steps into its 51st anniversary, this milestone marks a half-century-old promise...

Gold set for weekly loss as US-Iran tensions fuel rate-hike fears

Gold edged lower on Friday and was set for a weekly loss, as rising crude oil prices and escalating US-Iran tensions fed concerns that the Federal Reserve may keep monetary policy tight for longer, reports Reuters.Spot gold fell 0.4 per cent to $4,105.97 per ounce by 1106 GMT, leaving it...

Aluminium supply shock revives long-idled Western smelters

LONDON, July 9 (Reuters): The supply shock caused by the Iran war is sparking old Western aluminium smelters back into life.In the US, Magnitude 7 Metals is reactivating the New Madrid smelter in Missouri.Across the Atlantic, Norwegian producer Hydro has announced the partial restart, opens new tab of the Slovalco...