It gives special training to 160 students, weavers, Jamdani makers

China’s central bank on Tuesday cut two benchmark interest rates, following several similar measures in recent days in a bid to counter the post-Covid growth slowdown in the world’s second-largest economy.

Chinese imports of Russian oil last month hit their highest level since Moscow’s February 2022 invasion of Ukraine, Beijing’s customs data showed Tuesday.

Chinese company M/s Yuanshun Enterprise Co Ltd will invest $9.49 million to set up a packaging factory in Mongla Export Processing Zone.

Rather than celebrating finishing university, this summer Chinese graduates shared photos of themselves theatrically throwing their degrees into bins, underscoring the bleak outlook as youth unemployment sits at a record high.

Qatar announced a second 27-year supply deal with a Chinese company on Tuesday as it expands production from the world’s biggest natural gas field.

Hyundai Motor will raise average annual investment in electrification by nearly two thirds to $28 billion in the next decade and further restructure its struggling China business as part of a broader strategy to boost electric vehicle (EV) sales.

Asian bonds attracted their highest monthly foreign inflows in about two years in May, boosted by hopes of less aggressive monetary tightening measures from the US Federal Reserve.

Airbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Airshow on Monday, as strong demand for jets and air defences vied for attention with the industry’s supply chain problems.

Prime Minister Sheikh Hasina asked the authorities concerned at Ecnec meeting

Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds.

Oil prices fell on Monday as questions over China’s economy outweighed Opec+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in the United States.

Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to drive long-term growth, betting it can avoid past debt crises that dented its global ambitions.

The UK's landmark Developing Countries Trading Scheme comes into effect today

FBCCI president says at event on Bangladesh-UK trade

Oil rose on Friday and posted a weekly gain, as higher Chinese demand and Opec+ supply cuts lifted prices, despite expected weakness in the global economy and the prospect for further interest rate hikes.

Iran’s crude exports and oil output have hit new highs in 2023 despite US sanctions, consultants, shipping data and a source familiar with the matter, adding to global supply when other producers are limiting output.

US planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by demand from low-cost carriers.

The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its ultra-low interest rate policy and forecast that inflation will slow later this year, in contrast with the European Central Bank’s (ECB) rate hike on Thursday.

Russia may account for almost a third of India’s oil imports by the end of the current financial year, Arun Kumar Singh, the head of India’s Oil and Natural Gas Corp Ltd, was cited as saying on Saturday by Russian news agency Interfax.