Warsh ‘regime change’ faces steep hurdles at sprawling US central bank
10 hour(s) ago
Global Economy
Trump says India will buy oil from Venezuela
10 hour(s) ago
Global Economy
Bitcoin falls below $80,000, continuing decline
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Global Economy
Nvidia boss insists ‘huge’ investment in OpenAI on track
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Global Economy
Remittance inflow jumps 45% ahead of polls
1 February 2026, 19:03 PM
Business
Ford held talks with China's Xiaomi over EV partnership, FT reports
1 February 2026, 16:55 PM
Business
Trump says India will buy oil from Venezuela, not Iran
1 February 2026, 14:10 PM
Global Economy
Trump says he welcomes Chinese investment in Venezuelan oil
1 February 2026, 12:40 PM
Business
Trump says US will have 'very substantial' response if Canada enacts trade deal with China
1 February 2026, 09:09 AM
Business
Trump picks former Fed official as next central bank chief
1 February 2026, 00:41 AM
Global Economy
Fed to raise rates aggressively
The Federal Reserve is expected to deliver two back-to-back half-point interest rate hikes in May and June to tackle runaway inflation, according to economists polled by Reuters who also say the probability of a recession next year is 40 per cent.
11 April 2022, 18:00 PM
Japan tops up LNG reserves
Japan’s government has asked power companies to top up their liquefied natural gas (LNG) reserves and share energy resources, a person familiar with the contingency plan said, as civilian deaths in Ukraine push Tokyo to halt Russian fuel imports.
11 April 2022, 18:00 PM
Oil slides on release of strategic reserves
Oil prices dropped by more than $2 a barrel on Monday after a second straight weekly decline on plans to release record volumes of crude and oil products from strategic stocks and on continuing coronavirus lockdowns in China.
11 April 2022, 18:00 PM
German growth to fall to 1.5pc: minister
Germany’s economic growth could fall to 1.4 per cent-1.5 per cent this year, from 2.7 per cent in 2021, with an average of around 590,000 people on reduced-hours lay-off schemes over the course of the year, Labour Minister Hubertus Heil said in an interview with Bild am Sonntag.
10 April 2022, 18:00 PM
Russia relaxes rules on forex buying
Russia will relax temporary capital control measures aimed at limiting a drop in the rouble by allowing individuals to buy cash foreign currency and will also scrap commission for buying forex through brokerages, the central bank said on Friday.
10 April 2022, 18:00 PM
Russian bank VTB loses control over European subsidiary
Germany’s banking regulator on Sunday said it had stripped Russia’s VTB of control over its European subsidiary as sanctions hit the second-biggest Russian bank over the war in Ukraine.
10 April 2022, 18:00 PM
Crypto-curious corporations struggle to find right recipe
Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as payment for its “buckets”.
10 April 2022, 18:00 PM
Ukraine bans all imports from Russia
Ukraine has banned all imports from Russia, one of its key trading partners before the war with annual imports valued at about $6 billion, and called on other countries to follow and impose harsher economic sanctions on Moscow.
10 April 2022, 18:00 PM
Russia jacks up its emergency spending fund by $3.5b
The Russian government said on Sunday it has increased its reserve fund used for emergency spending by 273.4 billion roubles ($3.52 billion) to ensure economic stability against the backdrop of Western sanctions over Ukraine.
10 April 2022, 18:00 PM
UK clothing retailer sued over dues
Four local garment exporters have filed a case against British clothing retailer Edinburgh Woolen Mill (EWM) claiming Tk 5.98 crore in payments for goods they had shipped.
10 April 2022, 18:00 PM
Canada jobless rate drops to record low
Canada’s unemployment rate fell to the lowest on record in March as job gains continued throughout the economy, Statistics Canada announced on Friday.
9 April 2022, 18:00 PM
Clock ticks down towards a Russian default
Russia faces its first sovereign external default in over a century after it made arrangements to make an international bond repayment in roubles earlier this week, even though the payment was due in US dollars.
9 April 2022, 18:00 PM
Chip crisis to last until 2024
Semiconductor chip supply is unlikely to be enough to completely satisfy demand again until 2024, Volkswagen Chief Financial Officer (CFO) Arno Antlitz said in an interview with German daily Boersen-Zeitung on Saturday.
9 April 2022, 18:00 PM
Sri Lanka needs $3b to stave off crisis
Sri Lanka will need about $3 billion in external assistance within the next six months to help restore supplies of essential items, including fuel and medicines, to manage a severe economic crisis, its finance minister told Reuters on Saturday.
9 April 2022, 18:00 PM
Russian inflation tops 16pc
Russia’s inflation rate reached 16.7 per cent year-on-year in March, the state statistics agency said Friday, a level not seen since 2015, while food prices have risen even more steeply.
9 April 2022, 18:00 PM
Dollar holds near 2-year highs
The dollar hovered near two-year highs against a basket of major currencies on Thursday after meeting minutes showed the Federal Reserve preparing to move aggressively to fight inflation, while commodity currencies fell further from recent peaks.
7 April 2022, 18:00 PM
EU’s full ban on Russian coal to be pushed back
European Union envoys are set to approve on Thursday a ban on Russian coal that would take full effect from mid-August, a month later than initially proposed, an EU source told Reuters, following pressure from Germany to delay the measure.
7 April 2022, 18:00 PM
Oil rises from 3-week low
Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations announced a huge release of oil from emergency reserves, as worries over tight supplies still clouded the market outlook.
7 April 2022, 18:00 PM
Lankan president asks experts to plan debt restructure
Sri Lanka’s beleaguered president has appointed an expert panel to organise a debt restructure to claw the country out of a crippling economic crisis that has sparked huge protests demanding his resignation.
7 April 2022, 18:00 PM
Ukraine war batters British fish and chips
They have weathered the storm of Brexit and Covid, and are fighting the tide of rising inflation. But thousands of Britain’s fish and chip shops could be sunk by the war in Ukraine.
6 April 2022, 18:00 PM