Oil gains after Trump denies he is willing to ease sanctions on Iran
2 HOUR(s)
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Business
China vows response if EU introduces moves targeting Chinese trade
6 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
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
Sri Lanka approves controversial foreign debt deal
Sri Lanka’s new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said Saturday.
5 October 2024
Oil settles up, biggest weekly gains in over a year on Middle East risk
Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were limited as US President Joe Biden discouraged Israel from targeting Iranian oil facilities.
5 October 2024
As EU targets Chinese cars, European rivals sputter
As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear.
5 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
Bank of England warns of prolonged economic risk
The British economy remains open to financial market shocks amid geopolitical tensions and high levels of public debt in major economies, the Bank of England warned on Wednesday.
3 October 2024
Gulf turmoil will leave ratesetters on edge
Central bankers are probably watching unfolding events in the Middle East through their fingers. Tuesday’s strike by Iran on Israel raises the risk of a robust riposte. One of the dangers facing the global economy is that the conflict makes a mess of ratesetters’ plans to loosen monetary policy.
3 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