MOC: US' tariffs on certain Chinese exports as high as 245%

As for this meaningless tariff numerical game by the US, China will not heed it," a spokesperson with the ministry said.
17 April 2025, 08:08 AM

Taiwan's TSMC says net profit rose 60.3% in first quarter

Net profit for the first three months of 2025 rose 60.3 percent from a year ago to NT$361.56 billion ($11.1 billion)
17 April 2025, 06:34 AM

Asian markets boosted by 'Big Progress' in Japan tariff talks

Investors are keeping a nervous eye on Washington for the next three months as governments scramble to cut deals to avert crippling tariffs unveiled by the US president on his April 2 "Liberation Day" but delayed for 90 days.
17 April 2025, 05:21 AM

ECB ready to cut rates again as Trump tariffs shake eurozone

The uncertainty around Trump's next move, and the negative impact it could have on growth within the single currency bloc, has intensified calls for the ECB to ease borrowing costs further.
17 April 2025, 05:11 AM

Japan fails to win immediate tariff relief in US talks

Prime Minister Shigeru Ishiba said future negotiations "won't be easy"
17 April 2025, 02:35 AM

Small countries sit at nexus of tariff trade-offs

Australia has, at almost $18 billion, one of the largest goods trading deficits with Washington; Singapore is not far behind at $13 billion
16 April 2025, 08:28 AM

Nvidia kept some China customers in the dark about new US chip clampdown, sources say

The U.S. chipmaker disclosed on Tuesday that American officials had informed the company on April 9 that its H20 chip would require an export license for sales to China.
16 April 2025, 07:44 AM

Meta's Zuckerberg eyed Instagram spinoff amid antitrust scrutiny, document shows

The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the U.S. Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
16 April 2025, 06:33 AM

China appoints new top trade negotiator amid US tariff war

Li Chenggang, 58, a former assistant commerce minister during the first administration of U.S. President Donald Trump, takes over from Wang, 59, the human resources and social security ministry said in a statement.
16 April 2025, 06:29 AM

China's economy beats forecasts ahead of Trump's 'Liberation Day'

The NBS said that "according to preliminary estimates, the gross domestic product in the first quarter... (was) up by 5.4 percent year on year at constant prices".
16 April 2025, 05:15 AM

Stocks struggle again as Nvidia chip curb warning pops calm

After a relatively peaceful couple of days following last week's tariff-fuelled ructions, investors were once again on the defensive as a standoff between the world's top economic superpowers shows no signs of abating.
16 April 2025, 05:10 AM

South Korea, Vietnam pledge cooperation as US tariffs loom

Vietnam's foreign ministry said the two countries are seeking to raise bilateral trade to $150 billion by 2030, in a "more balanced and sustainable manner".
16 April 2025, 04:01 AM

Trump administration sued over tariffs in US Court of International Trade

The lawsuit challenges Trump's April 2 "Liberation Day" tariffs, as well as duties he separately levied against China.
15 April 2025, 09:07 AM

Tech, auto shares gain as Trump floats more tariff exemptions amid confusion

The shifting stances caused investors to question the safe-haven status that America has long enjoyed and sapped both business and consumer confidence
15 April 2025, 07:46 AM

China's economy likely grew 5.1% in Q1 on export surge: AFP poll

Analysts polled by AFP forecast the world's number two economy to have grown 5.1 percent from January to March -- down from 5.4 the previous quarter.
15 April 2025, 05:12 AM

Asian stocks mixed as stability returns, autos lifted by exemption hope

Traders gave a muted reaction to Treasury Secretary Scott Bessent's remarks Monday that a China-US deal could be done in an apparent olive branch as the two economic powerhouses trade tariff threats.
15 April 2025, 05:07 AM

US opens door to tariffs on pharma, semiconductors

The trade war is raising fears of an economic downturn as the dollar tumbles and investors dump US government bonds, normally considered a safe haven investment.
15 April 2025, 02:42 AM

Tk 3,100 crore promised: BIDA

The recently concluded Bangladesh Investment Summit 2025 has yielded investment declaration worth Tk 3,100 crore, says Chowdhury Ashik Mahmud Bin Harun, executive chairman of the Bangladesh Investment Development Authority (BIDA).
13 April 2025, 18:01 PM

Forex reserves cross $21b again

Bangladesh's foreign exchange reserves crossed $21 billion yesterday after almost 10 months thanks to an increased inflow of foreign currency generated by remittances and export earnings.
13 April 2025, 18:01 PM

Global trade dynamics amidst US–China tariff war

The bilateral trade in goods between the US and China faces the risk of being severed due to the imposition of steep tariffs
13 April 2025, 08:26 AM