Dollar slides, global stocks diverge
The dollar tumbled, gold hit a fresh record high and stock markets seesawed Friday as China again retaliated against US tariffs, deepening a trade war between the world’s two biggest economies.
The dollar tumbled, gold hit a fresh record high and stock markets seesawed Friday as China again retaliated against US tariffs, deepening a trade war between the world’s two biggest economies.
Gold on Friday struck an all-time high of $3,227.51 an ounce in trading, handing the commodity a gain of more than 20 per cent since the start of the year.
China said Friday it would raise its tariffs on US goods to 125 per cent in a further escalation of a trade war that threatens to bring exports to a halt between the world’s two biggest economies.
After cancellation of transshipment by India, Darshana rail port in Chuadanga witnesses no impact on exports and imports as the port is only used for bilateral trade between Bangladesh and India, with no commercial linkage to third countries such as Nepal or Bhutan.
The Bangladesh Export Processing Zones Authority is expected to start allocating plots for investors in Patuakhali Export Processing Zone from early 2026.Â
Bangladesh Bank governor Ahsan H Mansur said that the Bangladesh Financial Intelligence Unit, the central bank and other government organisations were working to bring back laundered money by forming an inter-agency taskforce.
State-owned Chittagong Urea Fertilizer Limited at Anwara in Chattogram has suspended its urea production following a halt to gas supply Friday morning by the Karnaphuli Gas Distribution Limited despite having no supply shortage.
Dhaka Regency Hotel and Resort will organise a daylong festival on April 14 comprising art, music and local cuisines, says a press release.
Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a \'cost\' to his surging trade offensive against superpower rival China...
The country’s external debts fell by $736 million at the end of December 2024 due largely to the clearing of overdue payments and the interim government’s restrained approach to new overseas borrowing.
Commerce adviser Seikh Bashir Uddin on Thursday dismissed any significant negative impact on the country’s exports after India withdrew its transshipment facility to the Bangladeshi cargoes reaching third countries through its ports...
A foreign investment pipeline has been created for the country through Bangladesh Investment Summit 2025 organised by the Bangladesh Investment Development Authority...
Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country’s economy vibrant...
Experts at a session on Thursday urged the investors to invest in Bangladesh’s medical sector as it is experiencing robust growth...
Leaders of the Real Estate and Housing Association of Bangladesh and housing related associations on Thursday blamed the Detailed Area Plan for the ongoing stagnation in the country’s housing sector...