Industry

Brazil Central Bank Maintains Interest Rate Amid Looming US Tariffs

Dhaka: Brazil’s Central Bank on Wednesday held its benchmark interest rate steady at 15 percent, citing “uncertainty” as the United States announced punishing tariffs on the South American economic powerhouse. The bank’s decision came after seven stra…

US Tariff Deadline Looms as Trump Expands Trade Tactics

Washington: Time is running short for governments to strike deals with Washington to avert tariff hikes that Donald Trump has vowed against dozens of economies — and the US president continues to expand his trade wars.

According to Bangladesh Sang…

US Fed Holds Firm Against Trump Pressure as Divisions Emerge

Washington: The US Federal Reserve kept interest rates unchanged Wednesday, defying strong political pressure from President Donald Trump to slash borrowing costs — although divisions emerged among policymakers. The central bank’s call to hold intere…

US Stocks Dip While Dollar Climbs Post-Fed Announcement

New york: US stocks mostly fell while the dollar rallied Wednesday after the Federal Reserve kept interest rates unchanged and avoided suggesting it would soon cut interest rates. The Fed, as expected, held interest rates steady, despite relentless pr…

Israel War Spurs Gold Demand Surge in Iran: Report

Tehran: Gold purchases surged in Iran during the second quarter of the year, marked by the country’s 12-day conflict with Israel, the World Gold Council said in a report released Thursday. Despite high prices, the overall volume of gold sales rose 20 …

Bank of Japan Keeps Interest Rate Unchanged at 0.5 Percent

Tokyo: The Bank of Japan announced on Thursday that it has maintained its main interest rate at 0.5 percent, aligning with the expectations of economists.

According to Bangladesh Sangbad Sangstha, the BoJ highlighted that Japan’s economic growth is …

Microsoft Valuation Surges Above $4 Trillion as AI Lifts Stocks

Dhaka: Microsoft surged above $4 trillion in market value early Thursday following strong earnings, as investor bullishness for artificial intelligence lifted major indices further into record territory.

According to Bangladesh Sangbad Sangstha, bot…