The Indian rupee dropped to a record low on Wednesday, weighed by persistent demand for US dollars from importers and speculators ahead of the Federal Reserve’s policy decision.

Global shares and the US dollar edged up on Wednesday as investors made last-minute adjustments to portfolios in the countdown to the year’s final flurry of central bank meetings, while news of a potential Nissan-Honda tie-up lifted car stocks.

British inflation hit an eight-month high in November, but the rise in services prices - watched closely by the Bank of England as an underlying measure of inflationary pressures - held steady, offering the central bank a little bit of relief.

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors.

The exchange rate of the taka and the US dollar is going to be turned more flexible in line with suggestions of International Monetary Fund (IMF), according to Bangladesh Bank.

Bangladesh Tea Research Institute (BTRI) alongside universities need to conduct advanced scientific research to come up with tea plant varieties that can adapt to climate change while providing quality and high yields, suggested speakers at a seminar yesterday.

A high-level taskforce will work with Bangladesh Investment Development Authority (Bida) to formulate a roadmap for the development of a semiconductor sector, focusing on testing, assembly and scaling up capabilities. .The decision was taken at a meeting titled “Semiconductors – A New Fro

Production cost at new facility to be lower than that of Adani, other plants

The Iranian currency extended its fall on Saturday, hitting a new all-time low against the US dollar amid uncertainties about Donald Trump's imminent arrival in the White House and tensions with the West over Tehran's nuclear programme..The rial plunged to 756,000 to the dollar on the unof

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says

The previous price of 22-carat gold was Tk 138,498 a bhori

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion

The Bangladesh Internet Governance Forum (BIGF) is the Bangladesh chapter of the Internet Governance Forum

Credit card spending by Bangladeshi citizens in India has plummeted in recent months while it is rising in Thailand and Singapore, according to central bank data.

India’s gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay purchases, trade and government officials said.

UK wage growth accelerated more than expected, official data showed Tuesday, cementing analyst forecasts that the Bank of England will avoid cutting interest rates this week.

Ring Shine Textiles has decided to terminate its share purchase agreement with Wise Star Textile Mills as it doubts that the latter would be able to carry out the deal.

The Investment Corporation of Bangladesh (ICB) has secured a Tk 3,000 crore loan with a state guarantee to bolster the country’s capital market, according to a disclosure on the Dhaka Stock Exchange website.

Business activity in the eurozone declined further in December, though less sharply than the previous month thanks to an upturn in the services sector, a closely-watched survey showed Monday.

Donald Trump and Mohammed bin Salman each have contradictory objectives in 2025. The US president-elect wants to apply “maximum pressure” on Iran, but won’t want the spike in oil prices that may accompany it. The Saudi crown prince is sick of forgoing oil revenue by pumping 3 million barrels below his 12 million barrel daily capacity – but will be wary of a price crash if he opens the taps. Even so, there’s a way for their bromance to bloom.