Gold fell more than 1% on Friday and was headed for a second straight weekly decline as safe-haven demand eased while the hawkish stance from Federal Reserve Chair Jerome Powell added to the downside. Palladium tumbled to five-year lows below $1,000 an ounce, hastening a retreat

Prime Minister Sheikh Hasina's ICT Affairs Adviser Sajeeb Wazed Joy has said the country's estimated loss to the economy stands at over US$3.5 billion from the six days alone between October 28 and November 6 as BNP, Jamaat-e-Islami, and their allies observed a total of six days

Turkiye’s parliament removed two international brands from its restaurants on Tuesday over their alleged support for Israel, according to an official statement and a source who named the two companies. The two companies did not immediately respond to a request for comment.

The government announced Tk 12,500 as the minimum wage for the readymade garment workers on Tuesday (November 7) amid the ongoing workers' protest. State Minister for Labour and Employment Monnujan Sufian came up with the development at a meeting held at Segunbagicha office in

An Italian judge has ordered the seizure of €779.5m ($835.5m; £676.8m) from short-term rental giant Airbnb, over alleged tax evasion. Prosecutors say the firm failed to collect a tax from landlords on around €3.7bn of rental income. Landlords in Italy are required to

The government imported 62,000 eggs from India through Benapole land port on Sunday (November 6) evening. The consignment with 295 cartons eggs entered the land port around 3.30pm.  Acting Director of Benapole Land Port Rezaul Karim confirmed the matter. The price per egg

The Bangladesh Jeweller’s Association (BAJUS) on Sunday (November 5) raised the price of gold by Tk 1,750 to Tk 1,04,626 per bhori. The standing committee on pricing and price monitoring of BAJUS made the decision at a meeting. The price of 22-carat gold is now Tk 8,970 per

Bashundhara Group Managing Director (MD) Sayem Sobhan Anvir has been re-elected as president of the Bangladesh Jeweller's Association (BAJUS). He will lead this traditional trade organization for the second consecutive term for the next two years. BAJUS election board chairman

The Bangladesh Energy Regulatory Commission (BERC) has increased the price of a 12kg liquefied petroleum gas (LPG) cylinder by Tk 18 to TK 1,381 for the month of November. In October, the price was increased by Tk 79 to TK 1,363.  BERC authority announced the new price at a

The government has decided to import potatoes to keep the price of the daily essential item stable. Commerce ministry Public Relations Officer Md Haidar Ali confirmed the matter today (October 30). He said interested importers are requested to apply to the ministry in this regard.

Jewellers in Bangladesh have raised gold by Tk 2,333 to Tk 1,02,876 per bhori, which is a record high inflating price of the yellow metal on the market in Bangladesh. The standing committee on pricing and price monitoring of Bangladesh Jeweller’s Association (BAJUS) made the

The gold market continues to trade near session highs as Federal Reserve Chair Jerome Powell reiterated his stance that interest rates will have to be higher for longer, but he provided little new guidance on monetary policy heading into year-end. Analysts have noted that the gold

The gold market is holding solid ground near its highest level in seven weeks even as 10-year U.S. bond yields push closer to 5%. Gold's resilience comes as the market continues to see lackluster investment demand with solid outflows in gold-backed exchange-traded products. In the

Gold prices are continuing the climb higher that began with the outbreak of the latest round of hostilities between Israel and Hamas on Oct. 6. The precious metal’s spot price has gained over $162 in the last two weeks, hitting a high just under $1,978 on Thursday afternoon. Oil

The U.S. housing market could be showing early signs of stabilizing as sales activity of existing homes falls to its lowest level since June 2020. Existing home sales declined by 2% last month to a seasonally adjusted and annualized rate of 3.96 million units, compared to August's

Bangladesh Bank (BB) is optimistic that the second tranche of the US$4.7 billion loan, which amounts to $681 million, will be approved by the IMF during its board meeting on December 11. BB Spokesperson Mezbaul Haque was briefing media following a meeting with the visiting review team

QatarEnergy has signed a 27-year long-term liquefied natural gas sale and purchase agreement with supermajor Shell for the supply of up to 3.5 million tonnes per annum (tpa) of LNG from Qatar to the Netherlands. European players have signed multiple LNG deals this year with Middle East

Commerce Minister Tipu Munshi on Tuesday (October 17) claimed that about 40 million people of Bangladesh enjoy a lifestyle akin to Europeans, as they have the capacity to access and afford quality products. He made the remark at a function held at the International Convention City

Apple chief Tim Cook made a surprise visit to China this week, greeting gamers in the southwestern city of Chengdu as his company faces slumping phone sales in its biggest market. In a post late Monday on his account on the Weibo social media platform, Cook said he had visited

The gold price in the local market has jumped by Tk 1,167 to record Tk 1,00,544 per bhori. Standing committee on pricing and price monitoring of Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Sunday (October 15). The new price has been set in