Global shares held firm near record highs on Monday while US bond yields flirted with three-month lows as investors expect the Federal Reserve to stick to its dovish mantra later this week.

Bangladesh’s fleet of oceangoing vessels is expected to expand in the coming years after the National Board of Revenue eased age rules for ships to qualify for VAT exemption during imports and cut advance income tax.

Euro zone industrial production was stronger than expected in April, driven by a more than doubling of durable consumer goods output from a year earlier as economies steadily reopened after Covid-19 pandemic lockdowns, data showed on Monday.

Buoyed by the government policy aimed at developing the motorcycle industry, local companies are gradually making a foray into the component manufacturing segment with a view to cutting the country’s reliance on imports.

The European Union on Monday hired banks for a 10-year bond sale, the first to finance its recovery fund, according to two lead managers, a crucial step in financing the bloc’s economic recovery from the coronavirus pandemic.

Local garment exporters are feeling the pinch of a sudden unusual rise in yarn prices in the local and international markets, a development that is threatening to derail the recovery of the apparel shipment from the pandemic-induced slowdown.

Bitcoin surged 9.8% to $39,035.47 on Sunday, adding $3,492.71 to its previous close.

Mercantile Bank has recently launched digital banking app “MBL Rainbow”, saying it would ensure faster, safer and convenient banking activities doing away with the need for physical presence.

The average age of US cars and light trucks rose to a record 12.1 years in 2020, as Americans drove fewer miles and scrapped more vehicles during the Covid-19 pandemic, according to IHS Markit.

India’s wholesale price inflation accelerated to 12.94 per cent year-on-year in May, versus 10.49 per cent year-on-year in April, mainly due to a spike in energy prices, government data showed on Monday. Fuel prices accelerated by 37.61 per cent year-on-year in May, the data showed.

The government should provide at least 80 per cent subsidy to farmers to bring agriculture machinery within their purchasing capacity.

Bangladesh has been re-elected as a deputy member of the governing body of the International Labour Organisation (ILO) from the Asia-Pacific region for 2021-2024.

The Cabinet today approved the draft of a policy to develop automobile industry in the country, considering the growing demand.

The Bangladesh Export Processing Zones Authority (Bepza) has started allotting plots of the Bepza Economic Zone in Mirsharai among the investors.

ACI Motors, a subsidiary of ACI, is going to receive Tk 83.99 crore in foreign investment, which the company will use for the expansion of its business.

A bill titled “The Bankers’ Book Evidence Bill 2021” was placed in the parliament today, incorporating digitally recorded documents as evidence.

A bill titled "The House Building Finance Corporation Bill (Amendment) 2021" was placed in the parliament today to increase House Building Finance Corporation’s authorised capital and paid-up capital, and expand its area of providing services.

German Chancellor Angela Merkel on Sunday said she hoped that a new Group of Seven task force can present first infrastructure projects in developing countries in 2022.

The ICT Division will likely commence an IT audit on banks next month to measure their capability to thwart cyberattacks as growing digitalisation and remote working arrangements have augmented the financial sector’s exposure to online crimes.

Bitcoin dropped 5.71 per cent to $35,210 at 0600 GMT on Saturday, losing $2,131.11 from its previous close.