S Korea surprises with 2nd successive rate cut
South Korea鈥檚 central bank cut interest rates Thursday for the second time in a row in a surprise move, citing stabilising inflation and the need to mitigate growing economic risks...
Tags : Interest rate
Global stocks diverge as traders weigh future Fed cuts
Stock markets diverged on Thursday as investors digested US inflation data that supported the case for another interest rate cut next month, while worries over Donald Trump鈥檚 presidency clouded optimism...
No compulsory interest rate for dollar accounts
The Bangladesh Bank on Thursday withdrew the compulsory interest rate system for resident foreign currency deposit accounts, allowing banks the flexibility to set rates in direct negotiations with customers...
Russia hikes interest rates to 20-yr high
Russia鈥檚 central bank hiked interest rates to 21 per cent on Friday, taking borrowing costs to their highest level in more than two decades as Moscow鈥檚 Ukraine offensive has triggered rapid price rises at home...
Interim govt to hike savings certificates interest rates聽聽
The government will increase the interest rates of the savings certificates to attract higher investment and make up low revenue incomes.
DBA suggests review of聽demutualisation laws, reforms
The DSE Brokers Association of Bangladesh at a meeting with the Bangladesh Securities and Exchange Commission on Monday placed a number of suggestions, including a review of the exchange demutualisation laws and schemes and withdrawal of 12 per cent interest rate on margin loans, to develop the stock market...
US, Europe stocks fall on US inflation data
Shares slipped in New York and Europe Thursday as the latest US inflation report strengthened the case for a slower pace of interest rate cuts...
Businesses urge for improved business climate
Business leaders on Saturday sought better business climate in the country and said that issues like law and order situation, rising interest rates and other macroeconomic challenges must be addressed as these factors have impacted the economy negatively...
Policy rate hike for long to hit pvt sector investment: DCCI
Dhaka Chamber of Commerce and Industry president Ashraf Ahmed on Saturday said that the policy of higher interest rates and tighter liquidity management adopted by the government to control inflation should be reversed after December, otherwise private sector investments would decline, hindering new job creation...
Norway central bank sees no rate cut this year
Norway鈥檚 central bank kept its key interest rate at a 16-year high Thursday and signalled it would only start cuts next year, later than its US and European peers...
Rate cut could lift consumer spirits before US elections
The US Federal Reserve鈥檚 decision to cut interest rates by half a percentage point gives consumers a much-needed psychological boost ahead of November鈥檚 presidential election...
BoE holds rate steady after jumbo US cut
The Bank of England on Thursday kept its key interest rate at 5.0 per cent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve...
BB makes EDF loans costlier
The Bangladesh Bank on Monday made loans in dollars from the Export Development Fund more expensive by tying the interest rate to the secured overnight financing rate (SOFR), which is significantly higher than the current rate for EDF loans...
Global stocks diverge ahead of Powell speech
Stock markets were mixed Tuesday as investors treaded water ahead of a key speech by US Federal Reserve chief Jerome Powell that could provide more hints of an interest rate cut...
Global stocks diverge as US inflation data raises rate cut hopes
Global stock markets聽diverged on Wednesday after data showing US consumer price inflation eased last month raised the prospect of a September interest rate cut...
US consumer inflation sees smallest annual rise since 2021
US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates...
Global stocks diverge, as oil prices cool
Europe鈥檚 main stock markets fell Tuesday after gains in Asia, as attention turned to economic data and its impact on the outlook for interest rates...
US inflation still 鈥榰ncomfortably鈥� high: Fed official
US inflation remains 鈥榰ncomfortably鈥� above the Federal Reserve鈥檚 target despite the progress it has made in recent months, a senior bank official said Saturday...
Australian central bank rules out near term rate cut
Australia鈥檚 central bank held interest rates steady at a 12-year high Tuesday and warned that a cut is 鈥榥ot on the agenda鈥� as it battles stubbornly high inflation...
Rate on treasury bonds hits record 12.8 per cent
The interest rates on government treasury bonds surged to near 12.8 per cent in June due to the central bank鈥檚 contractionary monetary policy stance...
Loan-deposit rate gap hits 16-yr high
The weighted average interest rate spread in Bangladesh鈥檚 banking sector surged to 5.86 in May, the highest since 2008...
Asian markets drop as Biden drops out of White House race
Asian markets fell Monday as Joe Biden鈥檚 decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared unmoved by China鈥檚 decision to cut interest rates in a bid to boost its stuttering economy...
NSC sales fall further amid rising inflation
The net sales of national savings certificates further declined in the July-May period of the 2023-24 financial year due to high inflation and rising bank interest rates...
Bank deposits rise, but growth slows
Bank deposits crossed Tk聽17 lakh crore for the first time in May, driven by rising interest rates in the financial market...
Net NSC sales dip in 9 months
The net sales of national savings certificates went down further in the July-March period due to high inflationary pressures and rising bank interest rates...
Raise instalment amount not number for term, housing loans: BB
The Bangladesh Bank has issued new instructions regarding instalments of term (industrial) loans and housing loans after raising interest rates...
India central bank holds rates as inflation risks linger
India鈥檚 central bank kept interest rates unchanged for the eighth time in a row on Friday, as inflation risks continue to linger in the world鈥檚 fifth-largest聽economy.聽...
Global stocks retreat, Mumbai tumbles 7pc
Stock markets fell Tuesday as investors worried that headwinds are gathering for the US聽economy, outweighing hopes that recent weak data would prompt the Federal Reserve to start cutting interest rates...
Bangladesh business climate deteriorates
Bangladesh鈥檚 business environment deteriorated in the financial year 2023-24 compared with that in the FY 2022-23 due mainly to lack of necessary reforms, increasing pressure from tax authorities, rising interest rate and impact of the Russia-Ukraine war, according to a report released by the Metropolitan Chamber of Commerce and Industry, Dhaka...
Japan inflation slows in April, sparking questions over rates
The pace of Japanese inflation slowed in April as gas bills fell, government data showed Friday, raising questions about when the Bank of Japan will hike interest rates again...