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US Fed official backed rate pause because inflation ‘too high’

A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because inflation was ‘too high’ for comfort. Kansas City Fed president Jeff Schmid was one of two people who dissented on Wednesday’s vote, at which the US central bank backed a quarter percentage-point rate cut...

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US tariffs on heavy trucks, buses come into effect

Fresh US tariffs on imports of medium- and heavy-duty trucks took effect Saturday, although with partial relief for vehicles entering the country under a key North America trade agreement.

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LatAm weathered Trump tariffs better than feared

The impact of tariffs imposed by US president Donald Trump ‘has been less than expected’ in Latin America, the head of the region’s development bank told AFP in an interview...

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Prime Bank signs payroll deal with SQ Lights

Prime Bank PLC, one of the leading private commercial banks in Bangladesh, renowned for its innovative and customer-centric financial solutions, signed a Payroll Agreement with SQ Lights Ltd, said a press release.

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Community Bank holds AML-CFT Conference

Community Bank Bangladesh PLC organised its Annual AML and CFT Conference 2025 on Saturday, with the active participation of officials from across the bank.

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BRAC Bank awards remittance collectors

BRAC Bank has recognised its top performers for their outstanding contribution to driving inward remittance growth and promoting innovative products exclusively tailored for remittance beneficiaries.  

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Sultan Handi and Kabab opens at Banasree

The grand opening of Sultan Handi Kabab Restaurant at Banasree A Block main road in Dhaka was was graced by celebrities Raj Ripa and Shahed Sharif Khan.