Total Energies pauses investments into Adani Group on bribery charges
Gold price drops after three consecutive hikes
Jewellers hiked gold prices by Tk 1,750 per bhori today (November 26) which set a new record, with each bhori now priced at Tk 1,09,875 in Bangladesh. The new price will be effective from Thursday (Tomorrow), said a press release of the Bangladesh Jewellers' Association (BAJUS)
Gold and silver prices are just a bit higher in early U.S. trading Wednesday. February gold futures hit a six-month high overnight, while March silver notched a three-month high. The two precious metals are being boosted by increasingly bullish near-term technical postures. A recently
Federal Reserve Governor Christopher Waller has given gold prices a boost on Tuesday after a speech in which he listed several indications that inflation was indeed continuing to retreat back toward the central bank’s 2% target. Speaking at the American Enterprise Institute,
The human rights body Protection For Legal and Human Rights Foundation (PLHRF) on Wednesday (November 29) demanded a proper investigation into a loan scam of Tk 270 crore by Rongdhanu Group Chairman Rafiqul Islam. PLHRF also demanded to look into money laundering, embezzlement of bank
Saudi Arabia's Riyadh has won the right to host the 2030 World Expo, vote results showed, in another diplomatic victory for a Gulf country after the Qatar football World Cup last year. South Korea's Busan and Italy's Rome were also in the running to host the world fair, a
Climate change is already shaving billions off the world's economy, with developing countries hardest hit, according to a new report published Tuesday ahead of COP28 climate negotiations. The report by the University of Delaware estimated that impacts from human-caused climate
Gold prices climbed a six-month peak on Monday, supported by a weaker U.S. dollar and on bets that the Federal Reserve is done with its interest rate hike cycle, while the focus shifted to U.S. inflation data due later this week. Spot gold was up 0.5% at $2,010.99 per ounce by 0758
Rupayan City is set to introduce the country’s first smart-gated community under a project titled “Rupayaan North South City” in Bashundhara Residential Area of the capital. Local architectural firm Shatotto and Malaysian architectural firm ArchiCenterSdn Bhd have
Jewellers hiked gold prices by Tk 1,749 per bhori today (November 26) which set a new record, with each bhori now priced at Tk 1,08,125 in Bangladesh. The new price will be effective from Monday (Tomorrow), said a press release of the Bangladesh Jewellers' Association (BAJUS) today
Gold breached $2,000 per ounce multiple times this week, and prices hovered around that level Friday afternoon as U.S. traders roused themselves from their tryptophan-induced Thanksgiving torpor and returned to metals markets. The latest Kitco News Weekly Gold Survey sees retail
Gold prices are holding near session highs above $2,000 an ounce as preliminary indicators point to a further contraction within the manufacturing sector and neutral activity in the service sector. Friday, the S&P Global Flash U.S. manufacturing PMI data fell to 49.4, down from
As mainstream, leading financial institutions like Goldman Sachs downplay the likelihood of a U.S. recession in 2024, Tavi Costa, Partner and Macro Strategist at Crescat Capital, warns of a starkly different outlook. There is a profusion of macro indicators that point to a hard-landing
Gold price (XAU/USD) catches fresh bids on Thursday and sicks to its modest intraday gains through the first half of the European session, albeit tlacks follow-through. The precious metal remains below the $2,000 psychological mark session, warranting caution for bullish traders
Gold prices edged up on Thursday as the U.S. dollar ticked lower, but bullion lacked impetus as investors remained on the sidelines in holiday-thinned trading with uncertainty around the Federal Reserve's rate path. Spot gold was 0.1% higher at $1,991.70 per ounce at 1308 GMT,
Coats Group PLC announces that it has been named one of the World's Best Workplaces 2023. Fortune and Great Place to Work® annually select the top 25 companies that are dedicated to creating exceptional workplace cultures. The team at Coats has been recognised for its
The Binance chief executive, Changpeng Zhao, has resigned after pleading guilty to money laundering violations. "I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself", he said in a post on X. The Justice Department
Although inflation pressures are easing and a weakening economy is starting to cool down the labor market, analysts have said that the Federal Reserve still isn't ready to shift its tightening bias, which is keeping hedge funds out of the gold market. The latest trade data from the
Apple, Disney and Warner Bros. Discovery on Friday became the latest big companies to pause advertising on X, formerly Twitter. Film studio Lionsgate also said it was pausing advertisements on X. A slew of large companies have pulled advertising dollars from Elon Musk's company
Jewellers hiked gold prices by Tk 1,750 per bhori today (November 18) which set a new record, with each bhori now priced at Tk 1,06,376 in Bangladesh. The new price will be effective from Sunday (November 19), said a press release of the Bangladesh Jewellers' Association (BAJUS)
Launch services between Barishal and other parts of the country resumed on Saturday (November 18) morning as it remained suspended due to cyclonic storm Midhili. Abdur Razzaque, river port official of Bangladesh Inland Water Transport Authority (BIWTA) confirmed the matter.