Credit ratings were meant to help sub-Saharan countries tap global investors to fund much-needed development. But low scores, heavy borrowing and bad luck have left many struggling with crushing bond debt.

The Fed ended its latest two-day policy meeting with a decision to hold its benchmark interest rate steady in the 5.25%-5.50% range

Oil prices climbed on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and overshadowed concerns about weak China demand.

Reconnecting a liquefied natural gas (LNG) terminal, damaged during Cyclone Remal, to the national grid is set to be further delayed as fresh repairs are needed to mechanisms used to keep it docked. 

Shares of both stock markets in Bangladesh rebounded yesterday after a three-day losing streak.

Samsung Electronics Wednesday reported its fastest growth since 2010, with operating profits soaring for the second quarter, as chip prices bounce back and demand for generative AI continues to grow.

The price of each US dollar has gone up by around 5 percent in the kerb market over the past two weeks amidst volatility in the foreign exchange market triggered by the recent violence stemming from the quota reform movement.

Most listed multinational companies in Bangladesh witnessed lower profits in the April-June quarter this year as sales dropped due to the erosion of people’s purchasing power amid runaway inflation.

Although broadband and mobile internet is again available in the country, most software, IT service and business process outsourcing (BPO) companies are experiencing significant productivity losses due to insufficient internet speeds.

Islami Bank Bangladesh has reported a 7.2 percent increase in profit for the April-June quarter of 2024..The profit amounted to Tk 307 crore whereas it was Tk 286.22 crore in the same period last year..For the first half of the year, the bank's profit rose to Tk 356.92 crore from Tk

The bank’s half yearly loss soared 71% year-on-year

The consignments, which have arrived or are scheduled to arrive at the port in between July 16 and August 5 this year, will get the extended benefit

The crackdown on the nonviolent uprise of the students and the subsequent one thing leading to another chain of events locked down the economy, only figuratively reminiscent of the pandemic in 2020

The Anti-Corruption Commission investigates the sources of his wealth

Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.

A 1,320-megawatt (MW) coal-based thermal power plant located in Kalapara upazila of Patuakhali is ready to begin commercial operations by the end of this year, officials said..The first of the plant’s two units, which can generate 660 MWs daily, will commence production in October while th

Linde Bangladesh reported a profit of Tk 10.11 crore for the April-June quarter of 2024.

BRAC Bank PLC saw its net profit after tax soar 77 percent year-on-year to Tk 591 crore in the first six months of 2024, with officials saying their improved financial indicators helped secure higher earnings.

Pubali Bank reported a significant 55 percent year-on-year increase in profits in the first six months of this year.

Optimism about global growth prospects this year and next is building among hundreds of economists polled by Reuters, with risks still tilted toward higher inflation even as they cling on to their forecasts for interest rate cuts.