Gold price sees year’s steepest drop after 8 consecutive hikes
After eight consecutive price hikes, the Bangladesh Jewellers Association (BAJUS) has slashed gold prices by over Tk 8,000 per bhori, marking the steepest single-day drop of the year.
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Economy
Business, markets, trade and the economy of everyday life.
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COPPER’S NEW GRAVITY: U.S. AND INDIA PULL DEMAND AS CHINA SLOWS
Decoupling dynamics in a $10,000 metal Global copper trade is shifting.
COLOMBIA RISKS LOSING U.S. TRADE PERKS OVER TARIFFS AS TALKS DRAG
Tariffs, preferences, and what’s at stake Washington warned Bogotá that Andean trade preferences could be reviewed if Colombia pushes ahead with new import tariffs and tightens local-content rules.
BOURBON MEETS BIG DATA AS KENTUCKY DISTILLERS REINVENT
An old industry tests software-driven whiskey Bourbon’s identity is built on tradition, but a new data-heavy model is shaking the barrels.
OIL SLIDES FURTHER AS STOCKS SWELL AND DEMAND COOLS
Five-year lows in sight raise new policy questions Crude prices fell again, putting benchmarks on track for a weekly loss as U.S. inventories rose and global demand indicators softened.
FRANCE TIGHTENS CONTROLS AS CATTLE DISEASE SPREADS NEAR SPANISH BORDER
Emergency steps and trade implications France imposed new restrictions to contain lumpy skin disease in cattle as fresh cases emerged near the Spanish border.
JAPAN’S MEGABANKS PLAN JOINT STABLECOINS FOR CORPORATE PAYMENTS
A unified standard for yen- and dollar-pegged tokens Japan’s three megabanks — MUFG, Sumitomo Mitsui, and Mizuho — plan to jointly issue corporate-use stablecoins pegged to legal tender, aiming to streamline wholesale settlements and supply-chain payments.
OIL NEAR FIVE-YEAR LOWS: WHAT IT MEANS FOR YOUR BILL
Bearish inventories and demand worries Oil prices slid to their lowest level in nearly five years, with U.S. crude settling below $57 a barrel.
US CLEAN-ENERGY PULLBACK COULD ADD 3B TONS OF EMISSIONS BY 2050
Model shows coal and gas higher, wind lower under policy shift A new DNV outlook suggests U.S. power-sector emissions will be far higher…
GLOBAL MARKETS CLIMB AS RATE-CUT HOPES OUTWEIGH TRADE JITTERS
Stocks rally in Europe and Asia after choppy Wall Street session European and Asian stocks advanced as investors bet central banks are edging closer to cutting interest rates.
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