Oil extends decline on rising Middle East supply
6 hour(s) ago
Business
Brent slides to $75.7
25 June 2026, 00:00 AM
Global Economy
Quickly implement textile clause of Bangladesh-US trade deal: BTMA
24 June 2026, 20:07 PM
Business
Exporters seek wider use of UK trade scheme
24 June 2026, 19:47 PM
Business
Global physical crude markets mired in discounts as Middle East ramps up supply
24 June 2026, 15:29 PM
Business
How SK Hynix's bet on a niche memory chip made it more valuable than Samsung
24 June 2026, 12:40 PM
Business
Oil extends slide on expectations of smoother crude flows via Hormuz
24 June 2026, 12:35 PM
Business
Oil falls 1%
24 June 2026, 00:00 AM
Global Economy
Next UK PM’s first job: manifest economic reality
24 June 2026, 00:00 AM
Global Economy
US gasoline prices tumble for sixth week
24 June 2026, 00:00 AM
Global Economy
IMF board approves $1.1 billion disbursal for Ukraine
The loan disbursal is the latest tranche of funding the International Monetary Fund has released to Ukraine as part of an ongoing 4-year, $15.5 billion program approved last March.
19 October 2024, 05:31 AM
Japan’s exports fall for first time in 10 months
Japan’s exports fell for the first time in 10 months in September, data showed on Thursday, a worry for policymakers as any prolonged weakness in global demand may complicate the central bank’s path to exit years of ultra-easy monetary policy.
17 October 2024, 18:00 PM
Gold sprints to record high in global market
Gold hit an all-time high on Thursday, steered by uncertainty surrounding the US election and expectations of more interest rate cuts by major central banks, while spotlight shifted to a slew of US data.
17 October 2024, 18:00 PM
Almost 40% of World Bank's recent climate funds unaccounted for: Oxfam
An Oxfam audit found that as much as $41 billion in climate finance could not be found "between the time projects were approved and when they closed."
17 October 2024, 06:34 AM
ECB set to cut rates again as inflation cools
After cutting rates twice already this year, including at their last meeting in September, policymakers initially signalled a preference to wait until December to cut again
17 October 2024, 05:03 AM
China to almost double support for unfinished housing projects
Housing minister Ni Hong said Beijing will "increase the credit scale of white-list projects to four trillion" yuan ($562 billion) by the end of the year
17 October 2024, 04:59 AM
Chinese firm Jidalai to invest $5.85 million in Adamjee EPZ
The company will annually produce 70 million pieces of pullers of zippers
16 October 2024, 12:33 PM
Why women risk losing out in shift to green jobs
Closing the gender gap in science, technology, engineering, and math would accelerate the green transition while making it more inclusive
16 October 2024, 09:17 AM
'Age of Electricity' coming as fossil fuels set to peak: IEA
Demand for oil, gas and coal is still projected to peak by the end of the decade, possibly creating a surplus of fossil fuels, the IEA said in its annual World Energy Outlook
16 October 2024, 08:49 AM
UK inflation hits three-year low, fuelling rate-cut hopes
The Consumer Prices Index (CPI) reached 1.7 percent last month, well below the BoE's two-percent target, after hitting 2.2 percent in August, the Office for National Statistics (ONS) said in a statement
16 October 2024, 07:31 AM
China set to post slowest quarterly growth this year: analysts
Officials have in recent weeks unveiled a string of measures to reignite the world's number-two economy and bring an end to years of depressed business activity with an eye to achieving five percent annual growth
16 October 2024, 06:17 AM
World Bank unlocks another $30 bn by tweaking balance sheet
Key among the reforms was the announcement that the IBRD's minimum equity-to-loans ratio will fall to 18 percent from 19 percent, which will generate $30 billion in additional financing
16 October 2024, 05:25 AM
Trump says 'obnoxious' tariffs will bring factories to US
"You make it so high, so horrible, so obnoxious" companies will "come right away," Trump said.
16 October 2024, 05:22 AM
Global public debt may exceed $100tn this year: IMF
Global public debt is expected to reach a record $100 trillion this year, the IMF said Tuesday, warning that the fiscal outlook for many countries may be even “worse than expected.”
15 October 2024, 18:00 PM
EV sales up 30.5% in int’l market
Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5 percent in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday.
15 October 2024, 18:00 PM
Nobel prize brings global inequality back in focus
The Nobel committee has put the spotlight back on global inequalities. Bestowing its prestigious economics prize on Daron Acemoglu, Simon Johnson and James A Robinson, is a reminder that income disparities among and within nations are just as important as climate change, the AI “revolution” and ageing societies.
15 October 2024, 18:00 PM
Excelerate Energy to invest more in Bangladesh’s energy sector
A delegation of the US-based LNG company calls on chief adviser
15 October 2024, 12:34 PM
Southeast Asia emerges as global data centre hot spot as AI usage rises
With AI-supported innovations such as searches on ChatGPT now requiring at least four to five times more processing capacity compared with traditional internet searches, data centre demand is expected to grow at around 20 per cent a year for the next five to seven years, analysts at Maybank noted in an October report
15 October 2024, 07:33 AM
A key to Citi's regulatory woes: staff need skills 'enhancement'
Citi’s analysis, a portion of which was seen by Reuters and has not been previously reported, shows the bank has been grappling with a shortage of skilled personnel, finding at times that it did not have the right training and assessment tools to fix its regulatory challenges.
15 October 2024, 06:25 AM
US Fed 'should proceed with more caution' on rate cuts: official
The US central bank kicked off its rate-cutting cycle last month with a large cut of half a percentage-point, noting the progress made in bringing inflation down toward its long-run target of two percent
15 October 2024, 04:53 AM