These two financial agreements will help Bangladesh achieve green growth: WB country director

BB issued letters on Dec 19 and the deadline for explanation ends today

Two senior Mitsui executives will join ACI Motors to widen their global reach

The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aided by likely dollar inflows, although its losing steak persisted into a seventh straight week.

India’s foreign exchange reserves fell by nearly $2 billion to an almost six-month low of $652.87 billion as of December 13, data from the Reserve Bank of India (RBI) showed on Friday.

US President-elect Donald Trump said on Friday the European Union should step up US oil and gas imports or face tariffs on the bloc’s exports that include goods such as cars and machinery.

China’s oil consumption is set to peak by 2027, state refining giant Sinopec said on Thursday, as diesel and gasoline demand weaken in the world’s biggest oil importer, a slowdown that has rattled global oil markets this year.

India is preparing to offer tariffs cuts on some farm and other goods mainly imported from the US, aiming to clinch a broader trade and investment deal once president-elect Donald Trump takes charge, government and industry sources in New Delhi said.

Bangladesh’s interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters.

The meeting will be held in February next year

The conservative coalition government defended its "respect for taxpayers' money" as the opposition accused it of feeding a "recessionary fire".

Bangladesh's interim govt has accused Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits

Powell's explicit - and repeated - references to the need for caution from here on jolted Wall Street, sending stocks sharply lower, bond yields higher and leading investors to dial back estimates of how far borrowing costs are likely to fall over the coming year.

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

The Indian rupee dropped to a record low on Wednesday, weighed by persistent demand for US dollars from importers and speculators ahead of the Federal Reserve’s policy decision.

Global shares and the US dollar edged up on Wednesday as investors made last-minute adjustments to portfolios in the countdown to the year’s final flurry of central bank meetings, while news of a potential Nissan-Honda tie-up lifted car stocks.

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion

Regulators have long warned that cryptocurrencies like bitcoin are high-risk assets, with limited uses in the real world. High volatility has been another barrier to wide adoption as a means of payment.

The talks between Honda and Nissan are aimed at setting up a holding company, said the source, who declined to be identified because the information had not been made public.