Gold prices fall again ahead of fed interest rate decision

Gold Prices Fall Again Ahead of Fed Interest Rate DecisionGold prices fell again in early Asian trading on Tuesday as investors awaited the US Federal Reserve's upcoming interest rate decision and key inflation data.Spot gold fell 0.3% to $4,126.84 an ounce at 7:02am Bangladesh time on Tuesday (October 20). US gold futures for December delivery also declined 0.3% to $4,146 an ounce.Investors are focusing on the Federal Reserve's monetary policy meeting scheduled for October 27–28. They are also awaiting the US personal consumption expenditures (PCE) price index, due next week. The index is a key measure of inflation and plays an important role in the Fed's policy decisions. The central bank has an inflation target of 2%.In September, the Fed raised its benchmark interest rate by 25 basis points to a range of 3.75%–4%. According to the CME FedWatch Tool, market participants see an 83% probability that the Fed will keep rates unchanged at its upcoming meeting. Mea...

Tourism expert Dalton Zahir appointed as CIFFT Asia Ambassador

Business DeskProminent Bangladeshi tourism personality Mohammad Zahirul Islam, widely known as Dalton Zahir, has been appointed as the Asia region ambassador for the International Tourism Film Festival Committee.Announced from Vienna on October 6, the appointment recognizes his extensive career spanning over 25 years in tourism, hospitality, media, and multinational corporations.The International Tourism Film Festival Committee, an approved associate member of the United Nations World Tourism Or...

Eastern University, Bangladesh and USIM Malaysia sign LoI

Eastern University, Bangladesh and USIM Malaysia sign LoIEastern University, Bangladesh (EUB), and Universiti Sains Islam Malaysia (USIM) signed a Letter of Intent (LoI) on 14 October 2026 to explore academic collaborati...

Coast Guard provides medical assistance to sick launch passenger

Staff CorrespondentThe Bangladesh Coast Guard provided emergency medical assistance to a seriously ill passenger aboard a passenger launch after receiving a call on its emergency service number 16111.Coast Guard Media Officer Lieutenant Commander Sabbir Alam Sujan disclosed the information on Monday evening (October 19).He said a passenger aboard the Dhaka-bound MV Karnaphuli-13 suddenly fell ill at around 11:30pm on October 18 when the launch reached the Anandabazar area of Chandpur.The passenger’s brother, who was travelling with him, called the Coast Guard’s emergency hotline 16111 seeking assistance.Following the call, a medical team from Coast Guard Station Chandpur promptly reached the launch and provided the necessary medical assistance to the sick passenger.The passenge...

Ishraque resigns as State Minister after viral gun video

Bangladesh penalised for slow over rate against Zimbabwe

Bangladesh have been fined 5% of their match fees for maintaining a slow over rate in their opening ODI against Zimbabwe in the tri-nation series in the United Arab Emirates.The team was found to be one over behind the required rate after time allowances were taken into account during Saturday’s match in Abu Dhabi.David Gilbert of the Emirates ICC International Panel of Match Referees imposed the penalty under Article 2.22 of the ICC Code of Conduct, which stipulates a fine of 5% of players’ match fees for each over their team falls short of the required rate.Bangladesh captain Towhid Hridoy admitted the offence and accepted the proposed sanction, meaning no formal hearing was required.On-field umpires Allauddin Palekar and Ijazatullah Safi, third umpire Ahsan Raza and fourth umpire Ahmed Shah Durrani levelled the charge against Bangladesh.Bangladesh lost their opening match of the tri-nation series to Zimbabwe by 99 runs. They will face Afghanistan in their next match as they seek to keep their hopes of reaching the final alive....

Mirpur Clash: No compromise on restoring order in the capital

Dhaka’s long-standing struggles with public space and traffic management reached a violent tipping point in Mirpur-10 on Wednesday. What was meant to be a routine Dhaka North City Corporation (D...

Bomb blasts and arson attacks: Public safety cannot be taken lightly

The government may not be alarmed by the recent crude-bomb blasts, arson attacks and other incidents reported in Dhaka, but ordinary citizens have every reason to be concerned. Any explosion or deliberate fire in a public place creates fear and raise...

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