Oil gains after Trump denies he is willing to ease sanctions on Iran
21 MIN(s)
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Business
China vows response if EU introduces moves targeting Chinese trade
4 HOUR(s)
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World
Sri Lanka restores fuel subsidy as inflation spikes
30 September 2026
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Global Economy
Visa joins growing alarm over AI-powered risks
30 September 2026
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Global Economy
ADB to give Modern Syntex $50 million for polyester chips project
29 September 2026
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Business
ACI to invest Tk 60 crore in fruit drinks buisness
29 September 2026
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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
Garment export to US falls 9.16% in Jan-Aug
Data released from the Office of Textiles and Apparel (OTEXA) showed the fall
14 October 2024
With inflation down, ECB eyes faster tempo of rate cuts
While the rate is expected to tick up again towards the end of the year, the sense that consumer prices are back under control has grown
14 October 2024
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
The world's largest contract chipmaker, whose customers include Apple and Nvidia,has benefited from the surge towards AI.
14 October 2024
Poorest countries face highest debt burden for 18 years: World Bank
"There is much that low-income economies can -— and must -— do for themselves," the World Bank's deputy chief economist, Ayhan Kose, said in a statement
14 October 2024
China’s car sales snap five-month decline on subsidy boost
China’s passenger vehicle sales rose 4.3 percent in September from a year earlier, snapping five months of decline with a boost from a government subsidy to encourage trade-ins as part of a broader stimulus package.
13 October 2024
Vietnam, China sign 10 deals on economic cooperation
Vietnam and China signed 10 agreements on Sunday, including on expanding cross-border railway links, payments and economic cooperation.
13 October 2024
US firms brace for more tariffs as election approaches
From holding back investments to considering moving abroad, businesses in the United States are bracing for more economic turbulence as the presidential campaign kicks into high gear -- with fresh tariffs rolled out and promises of more.
13 October 2024
HSBC cost cuts expose new CEO’s bigger problem
There’s always a case to be made for cost cuts at HSBC. The $160 billion lender employed 214,000 people in June and arguably suffers from duplication across its different bits. Still, new CEO Georges Elhedery has a much bigger job than finding the modest savings that he is reported to be eyeing. Growth is the bank’s key challenge.
13 October 2024
Vietnam, China to expand rail links, cross-border payments
The two sides also signed a memorandum of understanding (MoU) on the implementation of cross-border payment services via QR codes and an agreement to study a model for an "economic cooperation zone" across their border
13 October 2024
Amazon wants to be everything to everyone
Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network
13 October 2024
China consumer prices rise at slower rate in September
The consumer price index (CPI), a key measure of inflation, rose 0.4 percent year-on-year in September, down from the 0.6 percent recorded in August, the National Bureau of Statistics (NBS) said
13 October 2024
US firms brace for more tariffs as election approaches
US tariffs weigh on many industries. The American Apparel & Footwear Association (AAFA) estimates retail prices have risen five percent to 10 percent annually since 2020
13 October 2024
Tariffs, tax cuts, energy: What is in Trump's economic plan?
Ahead of November's election, economists warn his policies could raise consumer prices and shake up global trade -- with unclear benefits to US production
13 October 2024
Oil settles down
Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such as possible supply disruptions in the Middle East and Hurricane Milton’s impact on fuel demand in Florida.
12 October 2024
Boeing to cut 10% of workforce as it sees big Q3 loss
Boeing announced that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss amid a machinist strike in the Seattle region.
12 October 2024
US consumer inflation eases to 2.4% in September
US consumer inflation cooled last month -- though slightly less than expected -- according to government data published Thursday, providing further evidence that price pressures are easing ahead of November’s presidential election.
12 October 2024
EU chief says China must ‘adapt its behaviour’ to solve trade row
China must “adapt its behaviour” to solve an escalating tariff row with Europe, EU chief Charles Michel told AFP Friday, warning of the dangers of the dispute escalating into a full-blown trade war.
12 October 2024
Russian inflation slows in Sept but still elevated
Inflation ticked lower in Russia in September but was still more than double the central bank’s target, as huge spending on the Ukraine conflict kept upward pressure on prices, official data showed Friday.
12 October 2024
IMF approves changes to cut borrowing costs by 36%
The IMF approved reforms on Friday that will lower members’ borrowing costs by 36 percent and lift eight indebted countries out of the requirement to pay more to borrow money.
12 October 2024
China tees up fresh spending to boost ailing economy
China said Saturday it would issue special bonds to help its sputtering economy, signalling a spending spree to bolster banks, shore up the property market and ease local government debt as part of one of its biggest support packages in years.
12 October 2024