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

Oil shipments rise in Hormuz although questions grow over Iran's transit terms

Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway, reports Reuters.Washington and Tehran released the text of an interim...

Malaysian palm oil posts weekly gain -

JAKARTA, June 19 (Reuters): Malaysian palm oil futures rose on Friday and booked a 3.80% weekly gain, supported by expectations that Indonesia's planned B50 mandate would boost domestic consumption and tighten global supplies.Top palm oil producer Indonesia is on track to launch its B50 biodiesel mandate - blending 50% palm-oil-based...

Hawkish Fed signals send gold to third weekly loss

Gold prices fell on Friday, putting the yellow metal on track for a third straight weekly decline, pressured by a firmer US dollar and a hawkish Federal Reserve, reports Reuters.Spot gold was down 0.9% at $4,169.44 per ounce by 1306 GMT, after earlier hitting its lowest level since June 11...

Japan rice prices fall for first time in 3.5 years: official

TOKYO, June 19 (AFP): Rice prices in Japan finally fell in May for the first time in three and half years, a government official said Friday, following sharp rises for the staple that put the government under huge pressure.Rice prices skyrocketed in 2024 and 2025 because of supply problems linked...

Postal Department to ensure quick, safe delivery of silk products

RAJSHAHI, June 19 (BSS): The Bangladesh Sericulture Development Board (BSDB), Silk Industry Owners Association and Bangladesh Postal Department have agreed to work together to ensure quick, safe and efficient delivery of the country's traditional silk products to customers.A coordination meeting was held at the BSDB conference room on Thursday, where...

China tightens indium export checks as AI demand increases

SINGAPORE, June 19 (Reuters): China is stepping up scrutiny over exports of indium, leading some buyers to fear the niche metal, sought after for next-generation data centers, may be added to the export control regime that has become one of Beijing's most potent trade weapons.China produces nearly 70 per cent...

Canada's MDA Space to buy Blue Canyon in $620m deal

Canadian space technology firm MDA Space said on Friday it would buy US-based Blue Canyon Technologies from RTX's Raytheon business for $620 million in cash, expanding its footprint in the US defense space market, reports Reuters.The acquisition comes as governments increase spending on defense and space programs, providing opportunities for...