Trump picks former Fed official as next central bank chief
18 MIN(s) ago
Global Economy
WTO faults US in dispute brought by China over clean energy subsidies
1 MIN(s) ago
Global Economy
Oil hovers near 6-month high
3 MIN(s) ago
Global Economy
China factory activity loses steam in January
28 MIN(s) ago
Global Economy
Venezuela opens up oil sector: what now?
50 MIN(s) ago
Global Economy
Dollar gains
56 MIN(s) ago
Global Economy
Venezuela agrees to energy cooperation with India
57 MIN(s) ago
Global Economy
Dhaka trade fair ends with local sales surpassing export orders
4 hour(s) ago
Business
Third shipment of US wheat reaches Ctg port
5 hour(s) ago
Business
Gold, silver prices tumble as investors soothed by Trump Fed pick
31 January 2026, 12:54 PM
Business
Indonesia removes palm oil export levy until Aug 31
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finance ministry officials said on Saturday, adding the move would not disrupt government revenues.
16 July 2022, 18:00 PM
Debt crisis: Which countries are at risk of defaulting?
Traditional debt crisis signs of crashing currencies, 1,000 basis point bond spreads and burned FX reserves point to a record number of developing nations now in trouble.
15 July 2022, 16:35 PM
UAE to invest $2b in India ‘food parks’
The United Arab Emirates has pledged $2 billion to help develop a series of “food parks” in India to tackle food insecurity in South Asia and the Middle East, the UAE, India, the United States and Israel said on Thursday.
14 July 2022, 18:00 PM
UK ‘jobs miracle’ turns into employers’ nightmare
Job vacancies seem to come ten-a-penny in Keswick, a tourist town in England’s picturesque Lake District, as the hospitality sector cries out for staff -- shortages which are a direct result, critics say, of the coronavirus pandemic and of Brexit.
14 July 2022, 18:00 PM
Burned Twitter deal bankers see silver lining in Musk’s startups
Wall Street’s top investment banks that stand to lose lucrative fees from Elon Musk abandoning his $44 billion acquisition of Twitter Inc hope the start-ups backed by the world’s richest person will make up for the lost business.
14 July 2022, 18:00 PM
India’s inflation stays above 15pc in June
India’s annual wholesale price-based inflation kept above 15 per cent in June, government data showed on Thursday, but the slight easing from the prior month’s three-decade high of 15.88 per cent strengthens prospects for more rate hikes next month by the central bank.
14 July 2022, 18:00 PM
EU cuts euro zone growth forecasts
The European Commission cut its forecasts for economic growth in the euro zone for this year and next and revised up its estimates for inflation on Thursday largely due to the impact of the war in Ukraine.
14 July 2022, 18:00 PM
It’s in China’s interest to restructure Lankan debt
China is a “very important” creditor of Sri Lanka and it would likely be in the interest of both countries if China participated in restructuring Sri Lanka’s debt, US Treasury Secretary Janet Yellen said on Thursday.
14 July 2022, 18:00 PM
Women to face the brunt of cost-of-living crisis: WEF report
A cost-of-living crisis sparked in part by higher fuel and food prices is expected to hit women the hardest, the World Economic Forum reported Wednesday, pointing to a widening gender gap in the global labor force.
13 July 2022, 14:28 PM
Apple getting beefed up against spyware
Apple on Wednesday unveiled a new way for activists, journalists and other targets of state-sponsored espionage to protect themselves from spyware.
7 July 2022, 18:00 PM
IMF doesn’t rule out possible global recession
The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had “darkened significantly” since April and she could not rule out a possible global recession next year given the elevated risks.
7 July 2022, 18:00 PM
Sri Lanka hikes interest rates, warns trouble ahead
Cash-strapped Sri Lanka has raised interest rates one percentage point on Thursday, the second sharp hike in three months, as the central bank warned of 80 per cent inflation and a painful recession.
7 July 2022, 18:00 PM
Hoping for a calmer H2? Forget it
Investors hoping the second half of the year would bring some relief after a bruising six months, may not be feeling very optimistic after the last 24 hours.
7 July 2022, 18:00 PM
Dollar reigns as investors fear recession pain
Asian stocks fell and the dollar stood by a two-decade high on the euro on Wednesday as investors’ fears deepened that the continent is leading the world into recession, while oil and European equity futures made a wobbly attempt to steady.
6 July 2022, 18:00 PM
Rouble keeps falling
The Russian rouble extended the previous session’s sharp slide on Wednesday, slumping to its lowest since late May against the dollar and euro and heading back towards levels the government prefers as intervention speculation swirled.
6 July 2022, 18:00 PM
Eurozone consumers cut food spending
Eurozone consumers cut spending on food, drinks and tobacco for the second straight month in May amid a spike of prices, according to estimates from the European Union statistics office Eurostat released on Wednesday.
6 July 2022, 18:00 PM
Oil price rises after sell-off
Oil prices rose Wednesday after suffering a painful drop the previous day, though the euro remained wedged at a 20-year low and equities mostly fell in Asia as recession fears continue to flow through trading floors.
6 July 2022, 18:00 PM
Russian court orders halt to Caspian oil pipeline
Caspian Pipeline Consortium (CPC), which takes oil from Kazakhstan to the Black Sea via one of the world’s largest pipelines, has been told by a Russian court to suspend activity for 30 days although sources said exports were still flowing.
6 July 2022, 18:00 PM
Nordic cenbanks join 50bps rate hike club
Norway and Sweden have joined the ranks of central banks opting for 50 basis-point interest rate rises, delivering their biggest policy tightening moves in two decades.
5 July 2022, 18:00 PM
New Zealand business confidence down
New Zealand’s business confidence continued to worsen in the second quarter of this year as companies grappled with increased costs and higher interest rates, a private think tank said on Tuesday.
5 July 2022, 18:00 PM