US may announce cut in reciprocal tariffs on Bangladesh next week: Lutfey Siddiqi
9 hour(s) ago
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Business
China data shows economic momentum flagging
The Chinese economy is displaying further signs of weakness, with data Tuesday showing the pace of investment slumping to a record low in the first seven months of the year while retail sales growth slowed.
14 August 2018, 18:00 PM
German economy bounces back in Q2
Germany has bounced back from an early 2018 slowdown, official data showed Tuesday, as the pace of growth accelerated despite the rumblings of a trade war that could trip up its export-led economy.
14 August 2018, 18:00 PM
UK jobless rate falls to 4pc
Britain's unemployment rate dropped to 4.0 percent in the second quarter to stay at the lowest level for 43 years, official data showed on Tuesday.
14 August 2018, 18:00 PM
Indian rupee hits record low
The Indian rupee hit a record low of 70 to the dollar on Tuesday as emerging market currencies are sold off by investors spooked by the Turkish financial crisis.
14 August 2018, 18:00 PM
Maduro announces curbs to cheap gas in Venezuela
President Nicolas Maduro announced that from now on Venezuela's dirt-cheap fuel will be available only to people with a special government aid card that the opposition has denounced as a tool for controlling people.
14 August 2018, 18:00 PM
Japan's labour crunch is reshaping how companies attract workers
Misaki Harada wants to quit her job as a receptionist at a restaurant management company in Tokyo and move into marketing for an apparel maker.
14 August 2018, 18:00 PM
US import prices flat; dollar curbing imported inflation
US import prices were unchanged in July as a surge in the cost of fuels was offset by weak prices elsewhere, suggesting a strong dollar was keeping imported inflation pressures in check.
14 August 2018, 18:00 PM
Euro zone growth better than expected
Euro zone growth was better than expected in the second quarter, flash estimates showed on Tuesday, in a sign that the negative effects of global trade tensions might be seen only later in the year.
14 August 2018, 18:00 PM
France fumes at proposed post-Brexit EU sea trade links
France deems unacceptable a European Commission proposal to exclude French ports from a re-routing of a strategic trade corridor between Ireland and mainland Europe after Brexit, the government said.
12 August 2018, 18:00 PM
Alaska seafood industry braces for China tariff pain
Alaska fishermen are used to coping with fickle weather and wild ocean waves. Now they face a new challenge: the United States' trade war with China, which buys $1 billion in Alaskan fish annually, making it the state's top seafood export market.
12 August 2018, 18:00 PM
Germany says Trump's tariffs, sanctions destroy jobs and growth
German Economy Minister Peter Altmaier has sharply criticized US President Donald Trump's tariffs and sanctions policies, saying such measures were destroying jobs and growth and that Europe would not bow to US pressure regarding Iran.
12 August 2018, 18:00 PM
Jet Airways hit by earnings delay, prompts recapitalisation calls
India's Jet Airways shares hit a three-year low on Friday after it deferred its earnings, prompting analysts to say it urgently needed to recapitalise and restructure.
11 August 2018, 18:00 PM
Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal
Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk's proposal to take the electric car company private.
11 August 2018, 18:00 PM
UK economy grows 0.4pc in second quarter
Britain's Brexit-facing economy picked up speed in the second quarter of this year, official data showed Friday, with activity aided by sunny weather and the World Cup football tournament.
11 August 2018, 18:00 PM
China’s banking regulator backs more lending
China's banking and insurance regulator said it will facilitate the transmission of monetary policy by supporting more lending by financial institutions.
11 August 2018, 18:00 PM
US, Mexico Nafta negotiators to resume talks next week: minister
US and Mexican negotiators will resume talks next week on the update of the North American Free Trade Agreement, Mexico's Economy Minister Ildefonso Guajardo said Friday.
11 August 2018, 18:00 PM
Free-trade pacts hamper India's efforts to curb China textile imports
China is exporting textiles to India through Bangladesh to get around a tax increase on imports, undermining New Delhi's efforts to support local manufacturers, industry sources said.
11 August 2018, 18:00 PM
Three Japan automakers admit false emissions data
Japan's Suzuki Motor, Mazda and Yamaha have admitted using false emissions data for some vehicles, the transport ministry said Thursday, in the latest product quality scandal to hit the country's auto sector.
9 August 2018, 18:00 PM
Philippine economic growth slows
Philippine economic growth slowed sharply in the second quarter and fell well short of expectations as a result of policy decisions that included the shutdown of holiday island Boracay, officials said Thursday.
9 August 2018, 18:00 PM
Gold steadies
Gold steadied on Thursday after two sessions of gains as a stronger dollar index weighed on upside momentum, though the precious metal took some comfort from a steadier yuan.
9 August 2018, 18:00 PM