Oil rises as US-Iran tension escalates after Iraq strikes, missile attack
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Business
SK hynix posts 1,200% net profit boost on AI chip boom
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Asia’s coal imports continue to rebound, except for India
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Global Economy
Chinese firm to build floating LNG terminal in Moheshkhali
28 July 2026, 20:30 PM
Business
Turkish Sanko wants to invest $300 million in economic zone in Mirsarai
28 July 2026, 19:24 PM
Business
Russia offers Bangladesh $10 discount on each tonne of urea
28 July 2026, 18:59 PM
Business
Oil prices extend decline as US and Iran pause attacks
28 July 2026, 12:23 PM
Business
Dollar hits one-month high on lingering chances of Fed hike
28 July 2026, 11:59 AM
Business
Nvidia may back $250b for OpenAI data centre
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Global Economy
Chinese chipmaker CXMT soars 500% on stock debut
28 July 2026, 00:00 AM
Global Economy
Japan’s growth forecast cut as new pandemic curbs hit
Japan’s economy will grow at a slower pace than initially expected in the third quarter, as fresh coronavirus emergency curbs in Tokyo, extending through the Olympic Games, weigh on consumption, a Reuters poll found.
14 July 2021, 18:00 PM
China’s regulator warns of rising bad loans
Chinese banks are facing the threat of rising bad loans in the future as the current economic recovery is unbalanced and lacks a solid foundation, the country’s top banking and insurance watchdog said on Wednesday.
14 July 2021, 18:00 PM
British fisheries sold out in Brexit deal: industry body
Britain’s fisheries have been sold out by the post-Brexit trade deal agreed with the European Union, the head of an industry body said on Wednesday, urging the government to do more for the sector when a so-called adjustment period ends in 2026.
14 July 2021, 18:00 PM
Australia faces first economic contraction in a year
A coronavirus lockdown in Sydney, Australia’s most populous city, threatens to shrink the country’s economy in the third quarter, with a slow vaccine rollout adding to the headwinds.
14 July 2021, 18:00 PM
Yellen, Powell to discuss hot US housing market
US Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell will discuss the hot housing market and its risks with fellow regulators on Friday, Bloomberg News reported.
14 July 2021, 18:00 PM
India bans Mastercard from issuing new cards in data storage row
The Reserve Bank of India (RBI) on Wednesday indefinitely barred Mastercard Inc (MA.N) from issuing new debit or credit cards to domestic customers for violating data storage rules, dealing a blow to the U.S. company in a key market.
14 July 2021, 17:42 PM
US small business optimism rises despite labour shortage, inflation worries
Confidence among small businesses in the United States improved slightly in June after declining in May, despite owners worrying about a labor shortage and inflation, according to a survey released on Tuesday.
13 July 2021, 18:00 PM
US output surging amid pandemic due to digitisation: Goldman
The Covid-19 pandemic has prompted businesses to rapidly digitize their operations, leading to a surge in productivity in the United States, Goldman Sachs analysts said.
13 July 2021, 18:00 PM
France fines Google 500m euros over copyright row
France’s antitrust watchdog slapped a 500 million euro ($593 million) fine on Alphabet’s Google on Tuesday for failing to comply with the regulator’s orders on how to conduct talks with the country’s news publishers in a row over copyright.
13 July 2021, 18:00 PM
US to warn its companies of risks of operating in Hong Kong
The US government will this week warn companies of increasing risks of operating in Hong Kong and also update a previously issued warning on Xinjiang, the Financial Times reported on Tuesday.
13 July 2021, 18:00 PM
Digital rivals? Central bank e-cash plans prompt lenders to wade in
As central banks dabble with digital currencies, commercial lenders are ramping up efforts to influence policy and technical plans, according to more than half a dozen industry executives and public filings.
13 July 2021, 18:00 PM
China central bank says macro policy will depend on domestic conditions
China will base the pace and intensity of monetary policy on the domestic economy and inflation trends in the second half of the year, a central bank official said on Tuesday, following a surprise cut in bank reserves to bolster the economic recovery.
13 July 2021, 18:00 PM
Work from home fuelling cyber attacks: global watchdog
Financial firms may need to bolster their defences in the face of rocketing cyber-attacks after employees began working from home, the Financial Stability Board (FSB) said on Tuesday.
13 July 2021, 18:00 PM
US regulator focuses on bank fee conflicts
The US securities regulator has ramped-up its inquiry on Wall Street’s blank check acquisition frenzy, homing in on potential conflicts of interest created when banks act as underwriters and advisers on the same deal, three people with direct knowledge of the matter told Reuters.
13 July 2021, 18:00 PM
Saudi, Oman call for continued cooperation between Opec and allies
Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market, the Gulf states said in a joint statement, Trend reports with reference to Reuters.
12 July 2021, 18:00 PM
China drafts new cyber-security industry plan
China’s Ministry of Industry and Information Technology said on Monday it has issued a draft three-year action plan to develop the country’s cyber-security industry, estimating the sector may be worth more than 250 billion yuan ($38.6 billion) by 2023.
12 July 2021, 18:00 PM
Under pressure, EU puts plan for its own digital levy on hold
The European Commission will delay its plan to put forward a new levy on digital services later in July, a spokesman said on Monday, following intense pressure from the US administration.
12 July 2021, 18:00 PM
Spain to invest $5.1b in electric vehicle production
Spain will invest 4.3 billion euros ($5.1 billion) to kick-start the production of electric vehicles and batteries as part of a major national spending programme financed mostly by European Union recovery funds, the government said on Monday. Prime Minister Pedro Sanchez said the government-run plan would include the whole production chain, giving grants to companies with the goal of building the country’s first battery plant and boosting manufacturing of electric vehicles.
12 July 2021, 18:00 PM
EU seeks to rival China’s Belt and Road with own infrastructure plan
European Union foreign ministers agreed on Monday to launch a global infrastructure plan linking Europe to the world, its latest step after deals with India and Japan and a similar pledge by the Group of Seven richest democracies.
12 July 2021, 18:00 PM
ECB to discuss new guidance after inflation target tweak
The European Central Bank’s meeting next week will see policymakers discuss changing the forward guidance they give on the direction of policy following the ECB’s shift to a more symmetrical 2 per cent inflation target.
12 July 2021, 18:00 PM