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Stock markets in Asia slip, gold gains

Stock markets in Asia edged lower on Thursday while safe havens such as gold and the Japanese yen gained as investors remained on edge over the possible entry of the United States into the week-old Israel-Iran air war. President Donald Trump kept the world guessing about whether the United States will join Israel’s bombardment of Iranian nuclear sites, telling reporters ...

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Chocolate prices soar as UK inflation stays at highest in over a year

Chocolate prices in the UK rose at the fastest pace on record in May as the overall cost of food continued to climb, official figures suggest. The main rate of inflation remained at 3.4% in the year to May, the highest for more than a year. However, food prices grew for the third month in a row, as some economists ...

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US stocks slide as Trump remarks on Iran-Israel conflict stir market fears

US stocks fell on Tuesday after former President Donald Trump intensified his language over the ongoing Iran-Israel conflict, raising fears of a wider escalation that unsettled markets. In social media posts, Trump called for Iran’s “UNCONDITIONAL SURRENDER!” and hinted at potential U.S. involvement as the hostilities entered their fifth day. The sharp tone shift came after markets had shown optimism ...

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Trump signs order confirming parts of UK-US tariff deal

A deal removing some trade barriers between the UK and US has been signed off by President Donald Trump. The move will bring into force parts of an agreement agreed between the two countries last month, and reduce tariffs on UK cars being shipped to the US. It comes after weeks of talks to implement parts of the pact, which ...

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Dollar inches up as markets on edge over Middle East conflict

The dollar firmed against major currencies on Monday, driven by safe-haven buying from investors fearing the Israel-Iran fighting could escalate into a broader regional conflict as they braced for a week packed with central bank meetings. As both Iran and Israel showed no signs of backing off from their attacks, the prospect that Tehran might seek to choke off the ...

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Biman offers ‘special fares’ for migrant workers

Biman Bangladesh Airlines has introduced special discounted fares for workers on four more routes–United Arab Emirates, Oman, Kuwait and Qatar. This advantage will be provided during the first visit to these countries, according to a notice on Monday. The special rates will apply only to one-way travel to these countries will be valid till December 31. The discount scheme for ...

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Tk 60cr collected from Padma, Jamuna bridges during Eid

The Padma and Jamuna bridges saw a record-breaking toll collection of nearly Tk 60 crore during the recent Eid-ul-Azha holidays, as tens of thousands of vehicles crossed the two key national routes. According to the Bridge Division, a total of Tk 59.77 crore was collected in tolls over the Eid travel period, with the highest single-day earnings recorded on June ...

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Mahmud Hasan Khan elected BGMEA president

Mahmud Hasan Khan has been elected unopposed as the new president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) for the 2025–2027 term. The announcement came on Saturday following the official distribution of executive posts at the BGMEA Complex in Uttara, Dhaka. The election board, led by former BCIC chairman Mohammad Iqbal, confirmed that Khan and all other candidates ...

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World Bank approves $250 million loan to Bangladesh

The World Bank has approved a $250 million loan for Bangladesh to enhance transparency, accountability, and institutional efficiency across five key government agencies. The financing, titled the Strengthening Institutions for Transparency and Accountability (SITA) project, was approved by the World Bank’s Executive Directors in Washington, D.C., according to a press release issued by the bank. Under the SITA project, the ...

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Meta invests in Scale AI, valuing startup at over $29 billion; founder Alexandr Wang to join Meta

Scale AI, a startup known for its “humanity-first” approach to artificial intelligence, announced late Thursday a major new investment from Meta that pushes its valuation beyond $29 billion. As part of the deal, Scale AI founder and CEO Alexandr Wang will join Meta to contribute to the company’s growing AI initiatives, according to a statement from the startup. The details ...

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