Trump picks former Fed official as next central bank chief
9 hour(s) ago
Global Economy
WTO faults US in dispute brought by China over clean energy subsidies
9 hour(s) ago
Global Economy
Oil hovers near 6-month high
9 hour(s) ago
Global Economy
China factory activity loses steam in January
10 hour(s) ago
Global Economy
Venezuela opens up oil sector: what now?
10 hour(s) ago
Global Economy
Dollar gains
10 hour(s) ago
Global Economy
Venezuela agrees to energy cooperation with India
10 hour(s) ago
Global Economy
Dhaka trade fair ends with local sales surpassing export orders
31 January 2026, 20:37 PM
Business
Third shipment of US wheat reaches Ctg port
31 January 2026, 19:50 PM
Business
Gold, silver prices tumble as investors soothed by Trump Fed pick
31 January 2026, 12:54 PM
Business
Shanghai fashion stores struggle to clear stock
Almost a month since Shanghai lifted its strict Covid-19 lockdowns, fashion retailers are stuck with piles of unsold stock as cautious consumers stay away from the commercial hub’s glitzy shopping districts.
26 June 2022, 18:00 PM
China sets up yuan liquidity arrangement
China’s central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide support to participating central banks in times of market fluctuations.
26 June 2022, 18:00 PM
Oil price settles up
Oil prices settled up by more than $3 a barrel on Friday, supported by tight supply, but they notched their second weekly decline on concern that rising interest rates could push the world economy into recession.
26 June 2022, 18:00 PM
Inflation in India to exceed target
India’s central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said in an article in the Times of India on Friday.
26 June 2022, 18:00 PM
G7 considering ways of capping Russian oil price
Leaders of the Group of Seven rich democracies are having “very constructive” discussions on a possible cap on Russian oil imports, a German government official said on Saturday shortly before the start of the annual three-day G7 summit.
26 June 2022, 18:00 PM
Europe’s aviation industry frets despite strong summer start
Air traffic is booming this summer, but after European vacations are over will passenger demand hold up? The question was the focus of the annual congress of the Airports Council International (ACI) Europe in Rome this week, held at the cusp of the approaching peak season.
26 June 2022, 18:00 PM
French energy giants urge consumers to cut back on use
Consumers should start cutting back on their energy use immediately, the bosses of France’s three big energy companies urged Sunday, warning of social tensions next winter unless reserves are replenished.
26 June 2022, 18:00 PM
India plans safety rating system for passenger cars
India will introduce a safety rating system for passenger cars - a measure it hopes will encourage manufacturers to provide advanced safety features and will boost the “export worthiness” of vehicles produced in the country.
26 June 2022, 18:00 PM
Singapore eases movement curbs for migrant workers
Migrant workers in Singapore no longer need special permission to leave their dormitories from Friday, after two years of coronavirus curbs, but campaigners criticised the decision to maintain some “discriminatory” restrictions.
25 June 2022, 18:00 PM
Japan inflation hits 7-year high
Japan’s core consumer prices jumped 2.1 per cent again in May, the second consecutive monthly jump of a level not seen in seven years, official data showed Friday.
25 June 2022, 18:00 PM
Norway raises rate to combat inflation
Norway’s central bank announced Thursday a sharper-than-expected interest rate hike and warned of more to come, as policymakers tighten monetary policies worldwide to fight surging inflation.
23 June 2022, 18:00 PM
SHV Energy to enter local LPG market
Global off-grid energy distributor SHV Energy is set to enter Bangladesh’s growing market for liquefied petroleum gas (LPG) by acquiring local bottler and marketer, Petromax LPG.
23 June 2022, 18:00 PM
Germany declares gas crisis, blames Russia of "economic attack"
Germany triggered the "alarm stage" of its emergency gas plan on Thursday in response to falling Russian supplies but stopped short of allowing utilities to pass on soaring energy costs to customers in Europe's largest economy.
23 June 2022, 13:25 PM
Oil prices plunge more than 5pc on recession fears
Oil prices plunged more than five percent Wednesday as traders grow increasingly worried that demand for the commodity will take a hit from a possible recession caused by a sharp hike in interest rates aimed at reining in inflation.
22 June 2022, 18:00 PM
EU vows €600m for Africa, others
The European Union on Tuesday pledged an additional 600 million euros to help vulnerable nations weather a food security crisis worsened by Russia’s war on Ukraine.
21 June 2022, 18:00 PM
Luxury market growing despite rise in fuel, energy prices amid Russia-Ukraine war
Neither inflation nor the war in Ukraine are threatening to take a bite out of the luxury fashion market, according to a study.
21 June 2022, 16:40 PM
Recession looms over German economy amid Russian gas crisis
Germany faces certain recession if already faltering Russian gas supplies completely stop, an industry body warned on Tuesday, as Italy said it would consider offering financial backing to help companies refill gas storage to avoid a deeper crisis in winter.
21 June 2022, 13:43 PM
Turkish central bank’s net forex reserves around $7 bn, a 20-year low
The Turkish central bank’s net foreign currency reserves fell to a 20-year low of around $7 billion last week, according to calculations by four economists based on preliminary data.
21 June 2022, 13:03 PM
China keeps key lending rates unchanged
China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks’ rate increases making it tough for Beijing to stimulate a weak domestic economy by lowering rates.
20 June 2022, 18:00 PM
Crypto industry fears contagion as bitcoin plunges
The cryptocurrency industry was on edge on Monday as bitcoin held just above $20,000 and investors feared that problems at major crypto players could unleash a wider market shakeout.
20 June 2022, 18:00 PM