The devaluation of taka has increased competitiveness of Bangladesh’s oceangoing ships

It hit 0.8% in September down from 2.1% in August

Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies.

The US budget deficit has widened to $1.7 trillion, government data showed on Friday, in a development that could add pressure on President Joe Biden as he seeks reelection in 2024.

China may continue to cut its US debt holdings amid global worries over shrinking liquidity and safety risk of the assets and the country’s ramped-up efforts to diversify its foreign exchange reserves, experts said last week after reviewing the latest data from the US Treasury Department.

MK Shipping Lines is planning to operate a cruise from Dhaka’s Sadarghat to Howrah of Kolkata, starting off on November 20. 

The two are: Nagad Digital Bank Plc, Kori Digital Bank Plc

The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed. India, the world's third largest oil importer and consumer, has emerged as the top buyer of the discounted Russian seaborne oil after Western nations stopped buying from Moscow following its invasion of Ukraine.

The US Federal Reserve warned Friday that the recent attack on Israel and the ongoing Ukraine conflict could cause harm to the world economy and boost global inflation. Israel has been conducting extensive air strikes on the Gaza Strip since October 7, when more than 1,400 people, mostly civilians, were killed by Hamas militants during an armed attack on the south of the country.

The reserves stood at $20.96 billion on October 18

WB Country Director Abdoulaye Seck says at AmCham meeting

Oil prices fell on Thursday, reversing gains in the previous session, after OPEC showed no signs of supporting Iran's call for an oil embargo on Israel and as the United States plans to ease Venezuela sanctions to allow more oil to flow globally.

The ban has been extended until October 31 this year

The FBCCI seeks ICC's assistance on arbitration

India today extended the restrictions on sugar export for an independent period in a move aimed at increasing the availability of the commodity in the domestic market during the festive season.

Indian wheat prices surged to an eight-month high on Tuesday, propelled by strong demand for big festivals, limited supplies and as import duty makes overseas buying unfeasible for domestic flour mills.

Oil prices surged on Wednesday as tension escalated in the Middle East after hundreds were killed in a blast at a Gaza hospital, sparking concerns about potential oil supply disruptions from the region.

An IMF team meets BSEC officials today

Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies.

Brent oil futures steadied above $90 a barrel on Monday after passing the threshold on Friday, as investors waited to see if the Israel-Hamas conflict draws in other countries.