Sri Lanka restores fuel subsidy as inflation spikes
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Visa joins growing alarm over AI-powered risks
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ADB to give Modern Syntex $50 million for polyester chips project
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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 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
India appoints new central bank chief
India on Monday appointed finance ministry bureaucrat Sanjay Malhotra to helm the country’s central bank, a day before his predecessor’s term was due to end.
10 December 2024
Chinese firm Bangladesh Prothoma Power to invest $12.24 million inside Bepza EZ
The company will establish a battery plate manufacturing industry
10 December 2024
City Bank restructures salary to support employees amid inflation
Salaries will be increased a minimum of 10 percent and a maximum of 50 percent
10 December 2024
China probes Nvidia for 'violating' anti-monopoly law
Nvidia is also suspected of violating commitments it made in 2020, the statement said, when it acquired Israeli data center firm Mellanox
10 December 2024
China export surge slows as leaders eye economic revamp
Exports jumped 6.7 percent on-year to $312.3 billion last month, China's General Administration of Customs said.
10 December 2024
ECB to cut rates again amid bleak eurozone outlook
The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone's two biggest economies adding to the troubled picture.
9 December 2024
What exactly were global institutions overseeing?
Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International Monetary Fund (IMF) and the World Bank (WB), in assessing Bangladesh's debt sustainability under the previous regime as the country faces increasing pressure from escalating debt servicing obligations.
9 December 2024
China’s inflation weakens as new risks cloud horizon
China’s consumer inflation hit a five-month low in November as fresh food prices pulled back while factory deflation persisted, suggesting Beijing’s recent efforts to shore up faltering economic demand are having only limited impact.
9 December 2024
Extreme heat puts garment factory workers at risk, study shows
In Dhaka, Hanoi, Ho Chi Minh City, Phnom Penh and Karachi, the number of days with "wet-bulb" temperatures - a measurement that accounts for air temperature as well as humidity - above 30.5 degrees Celsius jumped by 42% in 2020-2024 compared to 2005-2009, researchers at Cornell University's Global Labor Institute found
9 December 2024
China consumer prices rise at slower rate in November
The consumer price index (CPI), a key measure of inflation, rose 0.2 percent in November year-on-year, down from 0.3 percent in October, the National Bureau of Statistics (NBS) said
9 December 2024
Chinese premier warns world financial leaders of 'deglobalisation' risks
Premier Li Qiang made the remarks in his opening speech at a summit attended by the top leaders of organisations including the International Monetary Fund, the World Trade Organisation and the World Bank.
9 December 2024
Rattled by China, West scrambles to rejig critical minerals supply chains
China’s trade restrictions on strategic minerals are starting to hit Western companies where it hurts.
8 December 2024
UK employers cut growth forecasts as tax hikes weigh on economy
Growth in 2025 is now seen at 1.6 percent, the Confederation of British Industry (CBI) said, down from a projection of 1.9 percent made in June
8 December 2024
US clean energy, defense to be impacted by China export curbs
Beijing announced this week it would ban exports of gallium, germanium and antimony to the United States, targeting materials used for everything from semiconductors to solar cells
8 December 2024
India central bank holds rates despite growth dip
India’s central bank left interest rates unchanged Friday after judging inflation risks to outweighed concerns over a growth slowdown in the world’s fifth-largest economy.
7 December 2024
Why are farmers protesting again in India?
Indian police used tear gas and pepper spray on Friday to stop dozens of farmers who were trying to reach Delhi from the northern breadbasket state of Punjab to press a series of demands.
7 December 2024
WB declares record $100b support for poorest countries
The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some of the world’s poorest nations, which it can leverage to generate a record $100 billion in total spending power.
7 December 2024
US Fed officials warn of ongoing risks from elevated inflation
The United States continues to face risks from underlying inflation despite recent progress in stabilizing prices, two senior Federal Reserve officials said Friday, with one indicating support for just one interest rate cut over the next two rate decisions.
7 December 2024
US job market bounces back from impact of strikes, hurricanes
The labour market's resilience is driving the economy through strong consumer spending, with the closely watched employment report from the Labor Department on Friday showing solid wage growth last month
7 December 2024
Walmart, Amazon holiday spending rise as Target, Best Buy stumble, data shows
Holiday shoppers largely browsed at brick-and-mortar stores, making more online purchases at some retailers, snapping up such items as pre-owned Rolex watches,
7 December 2024