Crude oil hovered above $90 a barrel while equities were weak and the safe-haven dollar was firm on Monday as investors nervously watched for whether escalating violence in Gaza would cause the conflict to spread beyond Israel and Hamas. Israel’s shekelILS=D3 sank to a nearly eight-year low, after the country’s prime minister, Benjamin Netanyahu, vowed to “demolish Hamas”…
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The CMSF seeks applications from intermediaries interested to avail the loan. The Capital Market Stabilisation Fund (CMSF) has decided to disburse loans of Tk2 crore to each applicant stock market intermediary, enabling them to make investments in the capital market. The loan disbursement amount was finalised at the fund’s board meeting held on 11 October,…
Justice Md Emdadul Haque Azad, a High Court judge who recently likened the country’s situation to the hell, didn’t attend the court on Sunday, his last working day. As Justice Emdadul was sick, he couldn’t attend the court on the last working day, said Md Golam Rabbani, registrar general of the Supreme Court. However, sources…
According to the information service of Almalyk MMC JSC, for 9 months of 2023, the copper hero of Uzbekistan fulfilled the export forecast by 100.4%, exporting products worth $513,986,000. 41,227 tons of copper and 31,904 tons of zinc products were sold to foreign consumers. In addition, products such as copper sulfate, lead concentrate, sulfuric acid,…
Bangladesh has been running near double digit inflation for well over the past 12 months. This spells trouble for a government at any time, but this is especially worrisome in an election year. It is, therefore, hardly surprising that the Prime Minister has asked her economic team to fight and lower inflation quickly by all…