The Embassy of the Republic of Indonesia in Dhaka has celebrated the 77th Independence Day of the Republic of Indonesia amid festivities. The day’s events began with a flag hoisting ceremony in the morning at the premises of the embassy on Wednesday, followed by a live broadcasting of the national Independence Day ceremony at Merdeka Palace from the capital Jakarta. ...

Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on futures. Brent crude futures fell 33 cents, or 0.4%, to $93.32 a barrel. US crude futures fell 40 cents, or 0.5%, to $87.71 a barrel. Prices rose more than 1% during the previous session, although ...

A man appeared in court Wednesday after allegedly entering Windsor Castle grounds armed with a crossbow, declaring he planned to kill Queen Elizabeth II. The 20-year-old man, Jaswant Singh Chail, from Southampton in southern England, appeared at a London court, having been charged with treason earlier this month. He appeared at Westminster Magistrates’ Court via video-link from Broadmoor high-security psychiatric ...

Jewellers lowered the price of gold by Tk 2,274 to Tk 82,056 a bhori (11.664 gram) as price of pure gold fell in the local market. The price of 22-carat gold is now Tk 7,035 per gram while it is Tk 6,715 for 21-carat gold, according to a press release of Bangladesh Jeweller’s Association (BAJUS) issued on Wednesday. The price ...

Country’s money changers will not be able to make profit beyond Tk 1.50 against each US dollar, said Bangladesh Bank on Wednesday. The decision was taken at a meeting between Bangladesh Bank and Money Changers Association, said BB spokesman and executive director Md Serajul Islam. Deputy Governor Ahmed Jamal represented the central bank at the meeting. Earlier, a decision was ...

British inflation surged to a new 40-year high in July on rising food prices, official data showed Wednesday, adding to a cost-of-living crisis as the country faces the prospect of recession. The Consumer Prices Index (CPI) accelerated to 10.1 percent last month from 9.4 percent in June — a 40-year record at the time — the Office of National Statistics ...

Liz Truss led Rishi Sunak by 32 points in the latest survey of UK Tory members by the ConservativeHome website, suggesting she remains on track to win the race to succeed Boris Johnson as prime minister, Bloomberg reported. Some 60% of the 961 Tory members polled by the influential website said they favored Truss to become the Conservative Party’s new ...

Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in US oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by the prospect of a global recession. Brent crude futures rose 13 cents, or 0.1%, to $92.47 a barrel by 0035 GMT. West Texas Intermediate (WTI) crude futures climbed ...

The American space agency Nasa is rolling out its giant new Moon rocket to prepare it for a maiden flight. Known as the Space Launch System (SLS), the vehicle is being taken to Pad 39B at the Kennedy Space Center in Florida for a lift-off scheduled for 29 August. The debut outing is a test with no crew aboard, but ...

The High Court on Tuesday issued a rule asking the government to explain as to why raising fuel price through a gazette notification instead of holding a public hearing should not be declared illegal. The HC bench of Justice Md Mojibur Rahman Mia and Justice Kazi Md Ejarul Haque Akondo issued the rule after hearing a writ petition challenging the ...