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Bangladesh, Sri Lanka agree to sign FTA

Bangladesh and Sri Lanka have agreed to sign a free trade agreement (FTA) to boost bilateral trade, the commerce ministry said in a statement yesterday.
9 November 2016, 18:00 PM

Trump's win a victory against globalisation: analysts

After Britain's shock vote to quit the EU, Donald Trump's victory is a new powerful sign of a popular backlash against the drive for globalisation and more free trade.
9 November 2016, 18:00 PM

Appeal anew for GSP: exporters

Bangladesh should start negotiations with the new US government to get back the generalised system of preferences (GSP) and duty-free market access for apparel items, garment exporters said yesterday.
9 November 2016, 18:00 PM

Strauss-Kahn must pay 75,000 euros in back taxes: Luxembourg court

Luxembourg's administrative court on Tuesday rejected an appeal by former IMF chief Dominique Strauss-Kahn, confirming his obligation to pay 75,000 euros in back taxes from a now-bankrupt investment firm he once chaired.
9 November 2016, 18:00 PM

Britain puts brakes on EU tax haven blacklist push

EU finance ministers on Tuesday painfully agreed on the criteria to draw up a European blacklist of tax havens, but Britain watered down the proposal, eager to protect low tax dependencies such as Bermuda and Guernsey.
9 November 2016, 18:00 PM

Moscow stocks higher on Trump win

Moscow stocks ticked up Wednesday on news of Donald Trump's victory in the US presidential election, running counter to falls in global financial markets, amid hope that Trump would mend relations with Moscow.
9 November 2016, 18:00 PM

China producer prices rise for second straight month

Price for goods at the factory gate rose in China for the second straight month in October, officials said Wednesday, in a sign of strengthening demand in the world's second-largest economy.
9 November 2016, 18:00 PM

Opec's job has just become tougher

Opec's job of trying to prop up oil prices has just got much harder.
9 November 2016, 18:00 PM

US election boosts drug stocks as pricing fears recede

Pharmaceutical stocks surged in Europe on Wednesday as Republican Donald Trump's US presidential election win led investors to conclude the threat of tough action on drug pricing had receded.
9 November 2016, 18:00 PM

Six questions on India's rupee shake-up

INDIA'S government on Tuesday withdrew the two largest-denomination banknotes from circulation in a bid to tackle tax evasion and corruption.
9 November 2016, 18:00 PM

Trump win leaves dollar, global stocks, Mexican peso reeling

The US dollar, Mexican peso and world stocks began to steady in the European morning on Wednesday, having been hammered overnight as Donald Trump swept to victory in the US presidential election.
9 November 2016, 18:00 PM

British growth to nearly halve in 2017 due to Brexit: EU

The European Union on Wednesday nearly halved its economic growth outlook for Britain in 2017 due to the impact of the Brexit vote to leave the bloc.
9 November 2016, 18:00 PM

EU edges up eurozone growth outlook for 2016

The European Union on Wednesday raised its eurozone growth forecast for this year but trimmed it for next year, warning that the economy faced new challenges due to Brexit and increased volatility.
9 November 2016, 18:00 PM

Trump victory shocks global firms reliant on open trade

Donald Trump's victory in the US election sent shockwaves through industries that rely on open trade, from airlines to cars and IT outsourcing, even though many executives remain unsure what his protectionist rhetoric will mean in practice.
9 November 2016, 18:00 PM

Oil down as Trump wins

Oil prices fell in Asia on Wednesday as Republican candidate Donald Trump defeated Democratic rival and market favourite Hillary
9 November 2016, 18:00 PM

The journey of marketing

Marketing is dead, says Kevin Roberts, former CEO of Saatchi and Saatchi Worldwide – one of the world's largest, most reputed marketing groups based in the UK.
2 November 2016, 18:00 PM

Investors take fright at rising chances of Trump US election win

World stocks, the dollar and oil fell on Wednesday, while safe-haven assets such as gold and the Swiss franc rose as investors were rattled by signs the US presidential race was tightening just days before the vote.
2 November 2016, 18:00 PM

Alibaba revenue beats expectations

Chinese e-commerce firm Alibaba Group Holding Ltd on Wednesday reported a 55 percent rise in second-quarter revenue, beating analyst estimates, on the back of core online sales and strong media and entertainment growth.
2 November 2016, 18:00 PM

Instagram to test new shopping feature

Facebook Inc's Instagram said that it will start tests next week on a new shopping feature through which users can buy products from US-based retailers via the photo-sharing app.
2 November 2016, 18:00 PM

US auto sales fall in October

US auto sales fell in October, in a fresh sign of slowing in the industry as American automakers struggle to maintain recent high levels of demand.
2 November 2016, 18:00 PM