Sri Lanka restores fuel subsidy as inflation spikes
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Global Economy
Visa joins growing alarm over AI-powered risks
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Global Economy
ADB to give Modern Syntex $50 million for polyester chips project
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Business
ACI to invest Tk 60 crore in fruit drinks buisness
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Where will Fed tightening hit hardest in Asia?
29 September 2026
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Oil gains over 2%
29 September 2026
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Global Economy
Global AI trade could revive after recent pullback
29 September 2026
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Global Economy
Oil prices spike after Trump rejects Iran truce offer
28 September 2026
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Business
White House releases list of products US, China could tax less
28 September 2026
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Business
AI challenges fuel trading’s old guard
28 September 2026
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Global Economy
Moody's downgrades France credit rating to Aa3
Moody's cited France's "political fragmentation" in its decision, which comes after parliament ousted Michel Barnier's government in a historic no-confidence vote following a standoff over an austerity budget
15 December 2024
UK officially joins Indo-Pacific trade bloc
The UK is officially now the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
15 December 2024
India’s rice stocks surge to record high
Rice inventories in India surged to a record high at the start of December, reaching more than five times the government’s target and potentially boosting overseas shipments from the world’s biggest exporter of the staple food.
14 December 2024
ECB cuts rates again
The European Central Bank cut interest rates again Thursday and hinted at more to come, with President Christine Lagarde saying the beleaguered eurozone economy was “losing momentum” as EU and US politics fuelled uncertainty.
14 December 2024
Heavy rains to hit Malaysian palm oil output again in December
Malaysia’s palm oil production is set to fall for the fourth consecutive month in December as heavy rainfall hit harvesting in the world’s second-largest producer of the tropical oil, the industry regulator told Reuters on Friday.
14 December 2024
Heavy rains to hit Malaysian palm oil output again in December, says MPOB
Lower output in Malaysia would curb inventories in the country and further boost benchmark futures , which are already near their highest levels in about 2-1/2 years
14 December 2024
India's rice stocks surge to record high, boosting export prospects
Rice reserves, including unmilled paddy, in state granaries totalled 44.1 million metric tons on Dec. 1 against a government target of 7.6 million tons, data compiled by the Food Corporation of India showed.
14 December 2024
Yellen won't rule out sanctions on Chinese banks, curbs on 'dark fleet' oil tankers
Earlier this week, Yellen said softness in the oil market presents an opportunity for more sanctions
14 December 2024
UK economy unexpectedly shrinks again in October
Gross domestic product fell 0.1 percent in October compared with September, when output declined by the same amount, the Office for National Statistics (ONS) said
14 December 2024
Sri Lanka says Adani port project to continue despite US charges
Sri Lankan ports minister Bimal Ratnayake said the allegations against Adani had no bearing on the deep-sea container terminal project in the capital Colombo.
14 December 2024
US consumer inflation accelerates for second straight month in November
US consumer inflation ticked up for a second consecutive month in November, driven by food prices and other sectors, according to government data published Wednesday, complicating the Federal Reserve’s rate cut deliberations.
12 December 2024
US consumer inflation accelerates for second straight month in November
The consumer price index (CPI) rose to 2.7 percent last month from a year ago
12 December 2024
US-China officials to hold economic talks before Trump return
Economic and trade tensions between Washington and Beijing have continued to flare during Biden's time in office.
12 December 2024
Adani pulls out of US loan deal for Colombo port
India's Adani Group has withdrawn its request for a US government-backed loan to construct a port in Sri Lanka seen as a counter to a rival Chinese project, according to company filings.
11 December 2024
Chinese authorities are considering a weaker yuan
China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher US trade tariffs as Donald Trump returns to the White House.
11 December 2024
Biden says Trump economic plan will be ‘disaster’
Outgoing US President Joe Biden on Tuesday branded his successor Donald Trump’s economic plans a “disaster,” in a speech hailing his own legacy.
11 December 2024
Chinese authorities are considering a weaker yuan as Trump trade risks loom
The contemplated move reflects China's recognition that it needs bigger economic stimulus to combat Trump's threats of punitive trade measures, people with knowledge of the matter said
11 December 2024
Zara owner Inditex posts new record profit
The Spanish group, whose other brands include Massimo Dutti, Pull & Bear and Bershka, reported a profit after tax of 1.68 billion euros ($1.77 billion) for the third quarter, up six percent from the same period last year
11 December 2024
Biden says Trump economic plan will be 'disaster'
The lame-duck president's speech comes after Trump won a second term largely on the back of US voters' anger at high costs of living under Democrats.
11 December 2024
China's leaders to chart economic plans for 2025: report
Beijing is also strapping in for four more years of tensions with the United States under President-elect Donald Trump, who has promised to impose stinging tariffs on China
11 December 2024