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

Oil rises on US-Iran strikes

LONDON, June 29 (Reuters): Oil rose almost 1 per cent on Monday after attacks by the US and Iran underscored the fragility of their interim peace deal while expectations of a continued recovery in energy shipping through the Strait of Hormuz limited gains.Iran and the US agreed to renew talks...

Bangladesh adds hatching eggs to export basket

Kazi Farms Group has set a new milestone for the country's poultry industry and export sector by exporting hatching eggs for the first time. The company has shipped its first trial consignment of 10,000 hatching eggs to Nigeria, says a press statement.The consignment was dispatched in an Emirates Airlines flight...

Gold falls as Mideast tensions fuel inflation fears

Gold fell on Monday as recent hostilities in the Middle East fueled inflation concerns and added to expectations of US Federal Reserve rate hikes, reports Reuters.Spot gold was down 1.3 per cent at $4,035.79 per ounce, as of 1142 GMT. US gold futures for August delivery fell 1.1 per cent...

Middle East producers push on with oil and LNG loadings despite ship attacks

SINGAPORE, June 29 (Reuters): Middle East producers are pushing ahead with oil and liquefied natural gas loading despite fresh ship attacks in the Strait of Hormuz and renewed strikes between the US and Iran in recent days, shipping data showed.Energy shipping in the strait slowed after attacks on a container...

BKB SIGNS AGREEMENT WITH BANGLADESH BANK

Bangladesh Krishi Bank (BKB) signed an agreement with Bangladesh Bank regarding a refinancing scheme under the CMSME sector on Monday. After the signing of the agreement at the conference room of the central bank, Managing Director of Bangladesh Krishi Bank Sanchia Binte Ali and the Deputy Governor of Bangladesh Bank...

New York launches tariff relief programme for farmers

New York farmers can start submitting applications for up to $25,000 in relief from the state as part of a $30 million aid effort aimed at easing the hit to farmers from Republican US President Donald Trump's tariffs, Democratic Governor Kathy Hochul said on Monday, reports Reuters.Over the last year,...

India's summer crop planting lags after slow monsoon start

MUMBAI, June 29 (Reuters): Indian farmers have fallen behind in planting summer crops, including rice, cotton, corn and soybeans, as a slow start to the monsoon has meant below average rainfall so far.India is the world's largest rice exporter, accounting for about 40% of global shipments.Its farmers begin sowing summer...