Industry

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…

Remittance Inflow Rises by 32% in 30 Days of July

Dhaka: Inflow of remittances witnessed a year-on-year growth of 32 percent, reaching US$2,368 million in the 30 days of July, according to the latest data of Bangladesh Bank (BB) issued here today. During the same period last year, the country’s remit…

Lufthansa Profits More Than Double Amid Rising Demand

Frankfurt: German airline group Lufthansa reported a significant increase in profits for the second quarter, driven by growing demand, despite ongoing global uncertainties. The airline’s net profit for the April to June period reached one billion euro…

Officials’ Role Vital to Make RAKUB Profit-Oriented

Rajshahi: Officials of Rajshahi Krishi Unnayan Bank (RAKUB) have been urged to deliver sincere, honest, and corruption-free services to transform the bank into a profit-oriented institution and boost the region’s agro-based economy. The call came duri…

Trump’s Latest Tariffs Shake Up Global Trade Relations

Washington: As of August 1, a range of new tariffs will be imposed on most of Washington’s trading partners, with some tariffs being notably heavy and sector-specific, such as a 50 percent tariff on products made with copper. While South Korea has ult…

DSEX Crosses 5400-Mark

Dhaka: Stocks today sustained the gaining streak with the key index of the major bourse crossing the 5000-mark for the first time since October 2024 as buoyant investors put fresh bets on heavyweight bank stocks amid improving recent macroeconomic dev…