Sri Lanka restores fuel subsidy as inflation spikes
5 HOUR(s)
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Global Economy
Visa joins growing alarm over AI-powered risks
5 HOUR(s)
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Global Economy
ADB to give Modern Syntex $50 million for polyester chips project
10 HOUR(s)
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Business
ACI to invest Tk 60 crore in fruit drinks buisness
11 HOUR(s)
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Business
Where will Fed tightening hit hardest in Asia?
29 September 2026
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Global Economy
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
WTO chief reappointed as Trump threat looms
Okonjo-Iweala, the first woman and the first African to head the WTO, was the only candidate in the race, and had been all but assured a second four-year term
30 November 2024
China manufacturing expands for second straight month
The latest PMI reading marks the second straight month of expansion -- indicated by a figure above 50 -- after a five-month run in negative territory that ended in October.
30 November 2024
Sri Lanka records highest deflation since 1961
Sri Lanka had already seen deflation of 0.8 percent in October and 0.5 percent in September
30 November 2024
Wage inequality declined in two-thirds of countries since start of 21st century: ILO
Global real average wage growth has started to rise again as inflation progressively eases, ILO report finds
28 November 2024
Deal signed for 181 million euro German financial, technical cooperation support
45.8 million euro will come as technical cooperation and 135 million euro as financial support
28 November 2024
Six crisis-hit banks get Tk 22,500 crore BB fund
The banks are: FSIBL, SIBL, Exim, National, Union and Global Islami
28 November 2024
Adani allegations shine spotlight on India's clean energy conundrum
The conglomerate is not alone in facing increasingly long delays in signing up buyers for the renewable electricity capacity which is now being developed in coal-dependent India - the world's third-largest emitter of greenhouse gases.
28 November 2024
China may hit peak coal consumption in 2025
China’s coal consumption could peak by 2025 as the world’s top consumer of the fossil fuel ramps up its push for clean energy, a report published on Wednesday said.
27 November 2024
Indian businesses may learn wrong lesson from Adani
Corruption’s long history in India explains the country’s failure to live up to its growth potential. US bribery charges against tycoon Gautam Adani should therefore provoke some soul-searching among the capitalist elite. The danger, however, is that businesses learn the wrong lesson from the affair and grow warier of international capital markets rather than cleaning house.
27 November 2024
Adani Group says it lost $55b as US charges sparked rout
India’s Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.
27 November 2024
How property taxes can help low-income countries to develop
Satellites, drones, and the right policies can help countries increase revenue by up to 10 times at the local level
27 November 2024
Adani's 'renewable energy marvel' trapped in US bribery indictment
Adani Green's revenues of $574 million during the period from April to September this year were up 20% on the year, boosting its cash profit 27% to $313 million over that time.
27 November 2024
Sri Lanka cuts lending rates after debt deal
The Central Bank of Sri Lanka said it was moving to a single policy rate set at 8.0 percent, an "effective reduction" of around 50 basis points.
27 November 2024
Six killed as PTI activists clash with Pak security forces
At least six people, including four paramilitary soldiers, were killed yesterday during clashes near Pakistan’s parliament between security forces and protesters who are demanding the release of former prime minister Imran Khan.
26 November 2024
Sri Lanka kicks off much-delayed $12.5b bond deal
Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition to maintain an IMF bailout loan.
26 November 2024
Trump vows big tariffs on Mexico, Canada and China
US President-elect Donald Trump said Monday he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that “no one will win a trade war.”
26 November 2024
Fitch revises outlook on four Adani group firms from ‘stable’ to ‘negative’
The entities whose outlook has been revised to “negative” are rated “BBB”.
26 November 2024
Sri Lanka probes Adani projects after US charges
Both the finance and foreign ministries had been asked to review infrastructure projects awarded to the Indian conglomerate
26 November 2024
Most Asian markets drop, dollar gains as Trump fires tariff warning
The former and next president said on his Truth Social account that he would hammer the United States' largest trading partners in response to the illegal drug trade and immigration
26 November 2024
'No one will win a trade war,' China says after Trump tariff threat
"About the issue of US tariffs on China, China believes that China-US economic and trade cooperation is mutually beneficial in nature," Chinese Embassy Spokesperson Liu Pengyu said in a statement.
26 November 2024