Category: Business

China Suspends Purchase of Russian Oil Following U.S. Sanctions

October 24, 2025

Following U.S. sanctions on Russia’s two major oil companies, Rosneft and Lukoil, China’s state-owned oil companies have temporarily suspended their purchases of Russian crude. Multiple sources confirmed the information to Reuters on Thursday (October 23). The move comes at a time when India, another major buyer of Russian oil, has also decided to reduce its […]

Inauguration of Janata Bank’s First Sub-Branch in Kendua

October 24, 2025

Janata Bank, a state-owned commercial bank, has opened its first sub-branch in Kendua Upazila, Netrokona. Recently, the Kendua sub-branch was officially inaugurated by the bank’s Deputy Managing Director, Md. Faiz Alam. Kendua Upazila Nirbahi Officer (UNO) Inamul Haque Talukdar was present at the event, according to a press release from Janata Bank. The press release […]

Today’s Foreign Exchange Rates in Bangladeshi Taka

October 24, 2025

Bangladesh’s trade and business with countries around the world is increasing day by day. To facilitate this commercial activity, the demand for currency exchange is also rising. On Friday (24 October), the exchange rates of various foreign currencies against the Bangladeshi Taka are as follows: Foreign Currency – Bangladeshi Taka US Dollar – 122.50 Taka […]

Trump’s Strong Statement Against Canada

October 24, 2025

U.S. President Donald Trump has announced the suspension of “all kinds of trade talks” with Canada. He shared this decision in a post on the social media platform Truth Social on Thursday night (October 23 local time). Trump alleged that a recent television advertisement broadcast in Canada demonstrated “horrible behavior” against U.S. tariff policies and […]

Court Orders Seizure of NRBC Bank Founder Syed Munsif Ali’s Shares

October 23, 2025

A Dhaka financial loan court has ordered the seizure of all shares owned by Syed Munsif Ali, an entrepreneur and founding shareholder of NRBC Bank, which was established with investments from non-resident Bangladeshis. The order was issued on Wednesday by Judge Mujahidur Rahman of the Artha Rin Adalat-5 (Financial Loan Court) in connection with a […]

Akij Resources Plans to Launch Shariah-Based Digital Bank

October 23, 2025

In a move to open a new chapter in Bangladesh’s banking sector, Akij Resources Limited, one of the country’s leading industrial conglomerates, has announced plans to launch a fully-fledged Shariah-compliant digital bank. The announcement came on Thursday (23 October) during a press conference titled “Akij Resource Digital Ecosystem: Leading the Change” held at the company’s […]

Fortitude Re and Carlyle Launch $700 Million Asia Reinsurance Sidecar

October 23, 2025

Fortitude Re and Carlyle Group have jointly launched a new reinsurance sidecar, Fortitude Carlyle Asia Reinsurance Ltd. (FCA Re), aimed at strengthening their presence in Asia’s growing life and annuity markets. The vehicle, domiciled in Bermuda, is backed by more than $700 million in deployable capital, combining both equity and anticipated debt capacity. According […]

Global Insurance Rates Continue to Fall as Market Softens

October 23, 2025

Global commercial insurance rates dropped by 4% in the third quarter of 2025, marking the fifth consecutive quarterly decline after seven years of steady increases, according to the Global Insurance Market Index released by Marsh, a leading insurance broker and risk advisor. The downturn was primarily driven by abundant market capacity, intense competition among insurers, […]

China Removes Chief WTO Trade Representative Li Chenggang Amid US Tensions

October 20, 2025

China has removed Li Chenggang, its Permanent Representative to the World Trade Organization (WTO), from his post, according to an announcement from state news agency Xinhua on Monday. The decision comes only days after US Treasury Secretary Scott Bessent publicly referred to Li as “unhinged” during an interview with CNBC. During a diplomatic visit […]

Major Surge in Market Indices, Yet Trading Volume Hits Four-Month Low

October 20, 2025

Despite a significant rise in market indices, trading activity on the country’s stock exchanges fell sharply on Monday (20 October), marking the lowest turnover in nearly four months. After several consecutive days of decline, the Dhaka Stock Exchange (DSE) witnessed a major rebound on the second trading day of the week. The number of shares […]

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Category: Business

China Suspends Purchase of Russian Oil Following U.S. Sanctions

Inauguration of Janata Bank’s First Sub-Branch in Kendua

Today’s Foreign Exchange Rates in Bangladeshi Taka

Trump’s Strong Statement Against Canada

Court Orders Seizure of NRBC Bank Founder Syed Munsif Ali’s Shares

Akij Resources Plans to Launch Shariah-Based Digital Bank

Fortitude Re and Carlyle Launch $700 Million Asia Reinsurance Sidecar

Global Insurance Rates Continue to Fall as Market Softens

China Removes Chief WTO Trade Representative Li Chenggang Amid US Tensions

Major Surge in Market Indices, Yet Trading Volume Hits Four-Month Low

Most Read

Two Arrested and Stolen Mobile Recovered in Barishal Teacher Murder Case

Three Local Political Figures Arrested Over Explosives Charges in Sirajganj

The Possibility of Neymar Joining Miami Fuels Dreams of an ‘MSN’ Reunion

Mourinho Reprimands Mbappé Over Nightclub Outing and Misconduct Controversies

Hoax Bomb Threat Triggers Security Sweep at Narendra Modi Stadium

Bangladesh Defeated by 37 Runs Despite Blistering Knock From Mahmudullah

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