Trump picks former Fed official as next central bank chief
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Global Economy
WTO faults US in dispute brought by China over clean energy subsidies
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Global Economy
Oil hovers near 6-month high
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Global Economy
China factory activity loses steam in January
2 hour(s) ago
Global Economy
Venezuela opens up oil sector: what now?
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Global Economy
Dollar gains
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Global Economy
Venezuela agrees to energy cooperation with India
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Global Economy
Dhaka trade fair ends with local sales surpassing export orders
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Business
Third shipment of US wheat reaches Ctg port
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Business
Gold, silver prices tumble as investors soothed by Trump Fed pick
31 January 2026, 12:54 PM
Business
Turkish inflation hits two-decade high of 78.6pc
Inflation in Turkey in June soared to an annual rate of 78.6 per cent -- the highest in 24 years, according to official data released Monday -- as President Recep Tayyip Erdogan’s unconventional economic policies continued to take their toll.
5 July 2022, 18:00 PM
Is US in a recession? GDP is not the only measure
By some early estimates, the US economy, as measured by gross domestic product, may have shrunk in the three months from April through June. Add that to the decline from January through March, and that would be a contraction for two quarters in a row.
5 July 2022, 18:00 PM
Wheat war: Ukraine conflict raises hunger fears
Russia’s invasion of agricultural power Ukraine has severely disrupted the global wheat market, prompting warnings that the conflict could lead to hunger in some countries.
5 July 2022, 18:00 PM
Zimbabwe to sell gold coins as currency plunges
Zimbabwe’s central bank said it would start selling gold coins this month as a store of value to tame runaway inflation, which has considerably weakened the local currency.
5 July 2022, 18:00 PM
Germany records trade deficit for first time in 30 years
Germany recorded its first monthly trade deficit since 1991 in May as a result of higher import prices, figures released Monday show.
5 July 2022, 16:41 PM
Oil price rises
Oil rose on Monday as supply concerns driven by lower OPEC output, unrest in Libya and sanctions on Russia outweighed fears of demand-sapping global recession.
4 July 2022, 18:00 PM
ECB to push climate-friendly investments
The European Central Bank on Monday unveiled plans to integrate climate change into its monetary policy in a bid to encourage eurozone businesses to pay more attention to their environmental impact.
4 July 2022, 18:00 PM
Euro near 5-year low vs dollar
The euro flattened on Monday, staying near a five-year low against the US dollar, as investors sought safety in the greenback amid worries about slowing global growth.
4 July 2022, 18:00 PM
China casts shadow over emerging nations’ chase for debt relief
From a $360 million project to expand Zambia’s international airport in Lusaka to a $1.4 billion city port in Sri Lanka’s capital of Colombo, China is the missing piece in the puzzle of a number of debts talks under way in developing markets.
4 July 2022, 18:00 PM
Western firms struggle to exit Russia
For foreign companies still working out what to do with their stranded Russian assets, President Vladimir Putin’s seizure of a major oil and gas project is a powerful warning: Move fast or else.
4 July 2022, 18:00 PM
Iran, Russia and Turkey mull joint car production
Automobile industry officials from Iran, Russia and Turkey are considering joint car design and manufacture after sanctions on Moscow and Tehran put the brakes on production, Iran’s state media reported.
4 July 2022, 18:00 PM
Ukraine begins electricity exports to EU
Ukraine has started exporting electricity to the European Union, via Romania, President Volodymyr Zelensky said, as Russia reduces gas supplies to the bloc which is supporting Kyiv in resisting Moscow’s invasion.
3 July 2022, 18:00 PM
China’s factory activity speeds up in June
China’s manufacturing activity expanded at its fastest in 13 months in June, buoyed by a strong rebound in output, as the lifting of Covid lockdowns sent factories racing to meet recovering demand, a private sector poll showed on Friday.
3 July 2022, 18:00 PM
Turkey hikes minimum wage
Turkey on Friday substantially raised the minimum wage for the second time in a year to cushion the blow from soaring cost of living increases ahead of next year’s general election.
3 July 2022, 18:00 PM
US multinationals grapple with soaring dollar
The rapid rise of the US dollar since the start of the year is a double-edged sword for American multinational companies, pushing some of them to decide whether to hedge or reposition their activities abroad to avoid fallout.
3 July 2022, 18:00 PM
US manufacturing growth slows
American manufacturing growth slowed in June as new orders contracted, even though price increases showed signs of slowing, according to an industry survey released Friday.
2 July 2022, 18:00 PM
Japan manufacturers’ confidence drops
Confidence among Japan’s largest manufacturers sagged for a second quarter on rising costs and supply constraints, though the service sector was boosted by economic reopening, a key survey showed Friday.
2 July 2022, 18:00 PM
Automakers report lower Q2 US sales
General Motors, Toyota and other automakers suffered a hit to US sales in the latest quarter as supply chain woes continued to crimp inventories, according to results released Friday.
2 July 2022, 18:00 PM
EU, New Zealand seal trade deal
The EU and New Zealand sealed a free trade deal on Thursday after four years of talks, promising it would protect the environment and unite like-minded partners amid international turmoil.
2 July 2022, 18:00 PM
US inflation high but stable in May as spending slows
A key US inflation measure showed price increases held steady in the 12 months ended in May, while consumer spending growth slowed sharply, a good sign in the battle against soaring prices.
2 July 2022, 18:00 PM