Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to emerge from its worst economic crisis in decades.

China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year, mainly due a low base of comparison, while consumer inflation is projected to be above 1 per cent by December, the central bank governor said.

European Union countries will try again next week to pass a deal on new renewable energy targets, which have been stalled by concerns from France and other states that the law sidelines nuclear energy.

The end of the dominance of the US dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West’s failed attempt to bring Russia to its knees over Ukraine, one of Moscow’s most powerful bankers told Reuters.

The nationals of the North American country spent Tk 61.5 crore in March this year

Indonesian President Joko Widodo on Thursday called for stronger collaboration with Malaysia to protect palm oil products threatened by a European Union trade law he termed “discrimination”.

The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 per cent for a second consecutive quarter, figures from the EU’s statistic agency showed Thursday.

German industrial production edged up in April but remained “subdued”, official data showed Wednesday, adding to fears of a longer recession in Europe’s largest economy.

China’s exports shrank much faster than expected in May while imports extended declines with a grim outlook for global demand, especially from developed markets, raising doubts about the fragile economic recovery.

China’s total trade with Russia in May soared to levels not seen since the beginning of Moscow’s war in Ukraine, official data showed Wednesday, as Beijing steps up support for its sanctions-hit ally.

Bangladesh and the World Bank today signed two financing agreements in this regard

Pakistan has proposed a GDP growth target of 3.5 per cent with a 21 per cent inflation projection in estimates for its budget for the 2023-24 financial year, an official source told Reuters on Tuesday.

Malaysia’s palm oil inventories at the end of May are expected to rise as production swells to its highest so far this year while exports remain flat, a Reuters survey showed on Tuesday.

The Indian rupee was trading marginally higher on Tuesday after a pullback in the US dollar, while traders awaited the Reserve Bank of India’s policy decision.

Euro zone business activity was shored up last month by the bloc’s dominant services industry offsetting a deepening decline in the manufacturing sector, according to a survey which also showed overall price pressures had abated.

New orders for US-made goods rose for a second month in April, boosted largely by defense spending, but the overall manufacturing industry continued to struggle under the weight of higher interest rates.

Home prices in India are set to hold above consumer inflation, even though interest rates are expected to stay higher for longer than previously thought, a Reuters poll of property analysts found.

There are some signs of de-dollarisation emerging right now, but the dollar should retain its “large footprint” for the foreseeable future, JPMorgan currency strategists said in a note on Monday.

German exports bounced back in April after falling a month earlier, official data showed Monday, but analysts said it was too soon to see a recovery in Europe’s recession-hit largest economy.

Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating US default, but does little to slow a massive buildup of total federal debt now on pace to exceed $50 trillion in a decade.