Saudi pipeline outage threatens loss of 4% of global oil supply
14 September 2026
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Business
Hormuz shipping traffic remains below 10-day average at weekend, data shows
14 September 2026
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Business
Oil extends gains as Mideast tensions deepen supply fears
14 September 2026
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Business
Govt reinstates decision on import of 10 to 30 count yarn under bond
13 September 2026
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Business
Analysis / Used Electric Vehicles: Affordable option or battery waste risk?
13 September 2026
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Business
Canadian boycott of US products pushes grocers to adapt, explore new supply sources
13 September 2026
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Business
New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies
13 September 2026
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Business
Withdraw import ban on reconditioned, used EVs: BARVIDA
12 September 2026
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Business
Can Africa seize its moment in the race for critical minerals?
12 September 2026
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Business
US Commerce Department finalizes steep duties on solar imports from India, Indonesia, Laos
12 September 2026
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Business
Oil prices dip after strongest weekly rise in over a year
Brent crude futures fell 31 cents, or 0.4 percent, to $77.74 per barrel by 0435 GMT. US West Texas Intermediate crude futures slipped 20 cents, or 0.27 percent, to $74.18 per barrel
7 October 2024
Samsung's profit recovery seen weakening in Q3
Operating profit for Samsung likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30
7 October 2024
German govt expects another recession in 2024: media
The economy ministry sees the German economy contracting by 0.2 percent this year, a dramatic downgrade from its prior estimate of 0.3-percent growth, according to the Sueddeutsche newspaper
7 October 2024
Tariff commission suggests halving sugar import duty
The commission recommended NBR cut sugar import duty to 15% from existing 30%
6 October 2024
US grants for a feasibility study on temperature-controlled logistics
Bonton Foods has selected Minnesota-based Land O’Lakes Venture37 to conduct the study
6 October 2024
EV tariffs are only the first step in EU-China war
After Friday’s narrow vote, the European Commission is still talking with China to see if an alternative to tariffs is possible to address what it sees as the Middle Kingdom’s “injurious” support of its auto sector
6 October 2024
Vietnam economy grows 7.4% in third quarter
The growth rate was the result of "adapting effectively to the fluctuations of the global economy and addressing the severe consequences of natural disasters", the General Statistics Office (GSO) said in a statement
6 October 2024
Foxconn beats estimates with record third-quarter revenue on AI demand
Revenue for Apple's biggest iPhone assembler jumped 20.2 percent year on year to T$1.85 trillion ($57.3 billion)
6 October 2024
China home sales rise after stimulus measures, state media says
More than 50 cities introduced policies to boost the real estate market, while nearly 2,000 developments from more than 1,000 property companies participated in promotions
6 October 2024
Global food prices rise at fastest rate since 2022
The FAO Food Price Index reached 124.4 points in September, a three-percent increase from August.
5 October 2024
EU states greenlight extra tariffs on EVs from China
Ten member states including France, Italy and Poland supported imposing the tariffs of up to 35.3 percent, coming on top of existing duties of 10 percent
5 October 2024
US hiring soars past expectations in sign of resilient market
The world's biggest economy added 254,000 jobs last month
5 October 2024
Oil extends gains, jobs report lifts Wall Street
Crude prices rocketed around five percent Thursday when US President Joe Biden said he was "discussing" possible Israeli strikes on Iranian oil sites in retaliation for Tehran's barrage
5 October 2024
US trade chief defends tariff hikes when paired with investment
Tai's comments to AFP come a week after sharp tariff increases on Chinese electric vehicles, EV batteries and solar cells took effect
5 October 2024
Sri Lanka approves controversial foreign debt deal
President Anura Kumara Dissanayake said his government would honour his predecessor's deal
5 October 2024
Cabinet approves new export policy
The policy targets $110 billion export by FY27
3 October 2024
How is US dockers' strike affecting international trade?
US dockers launched strike action on Tuesday in 36 ports on the East Coast and Gulf of Mexico. Around half of North America's maritime trade passes through those ports
3 October 2024
Climate change, economics muddy West's drive to curb Chinese EVs
The European Parliament is expected to vote Friday on whether to impose hefty tariffs on imported EVs from China -- part of a bid to protect its automotive industry from low-cost, subsidised competition
3 October 2024
Samsung says planning job cuts in some Asian operations
The world's largest memory chipmaker is modifying staffing levels in Southeast Asia, Australia, and New Zealand, a company spokesman told AFP, adding that "the adjustments include job cuts"
3 October 2024
Why oil price yet to ignite on Middle East escalation?
Benchmark oil contract, Brent North Sea crude, has rallied about five dollars this week after Iran's missile attack on Israel -- but remaining around $75 per barrel
3 October 2024