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India’s industrial output growth falls

India’s industrial output growth rate slipped to a three-month low of 3.7 percent year-on-year in June, data from the Ministry of Statistics showed on Friday.
13 August 2023, 18:00 PM

China issues guidelines to increase foreign investment

China’s State Council issued guidelines on Sunday that it said would further optimise the country’s foreign investment environment and attract more foreign investment.
13 August 2023, 18:00 PM

Crypto investors’ wallets at risk of attacks: study

Millions of retail and institutional cryptocurrency investors face the risk of funds being drained from their digital asset wallets without their knowledge because of new security flaws, a study has found.
13 August 2023, 18:00 PM

S Korean firm to invest $8.62 million in Bepza economic zone

Dongwoo BD Ltd will produce PU synthetic leather
13 August 2023, 15:01 PM

Refiners cut soybean oil, sugar prices by Tk 5

The rates will be effective from tomorrow
13 August 2023, 14:08 PM

Oil up on record demand forecast, 7th straight weekly gain

Oil prices edged higher on Friday after the International Energy Agency forecast record global demand and tightening supplies, propelling prices to the seventh straight week of gains, the longest such streak since 2022.
13 August 2023, 06:59 AM

UK economy grows in Q2

Britain’s economy expanded slightly over the second quarter thanks to strong output in June and despite inflation remaining high, official data showed Friday.
12 August 2023, 18:00 PM

Huawei shows rebound despite sanctions

Chinese telecoms titan Huawei on Friday announced a pick-up in sales in January-June, the first increase since 2020, as the sanctions-battered firm works to diversify its business operations.
12 August 2023, 18:00 PM

India rice export ban puts market on edge for copycat curbs

India’s rice export ban has the world market bracing for similar actions by rival suppliers to avoid potential domestic shortages as sellers try to fill the 10 million metric ton gap left by New Delhi, stoking concerns over already high global food inflation.
12 August 2023, 18:00 PM

IEA raises world oil demand forecast

The International Energy Agency said Friday it had revised upwards its forecast for global oil demand growth in 2023 as demand is “scaling record highs”.
12 August 2023, 18:00 PM

India may roll out welfare measures for gig workers

India plans to roll out welfare measures for “gig” workers employed through platforms like Amazon, Uber and India’s Zomato as Prime Minister Narendra Modi’s government prepares for elections, government and trade union officials said.
12 August 2023, 18:00 PM

‘Best of Bangladesh’ show in Netherlands in Sep

The two-day expo will highlight Bangladesh economy’s progress, potential
12 August 2023, 14:41 PM

Oil prices rise to multi-month highs

Oil prices rose to a multi-month peak Wednesday in the wake of Opec supply cuts while global stocks were mixed following disappointing China data.
10 August 2023, 18:00 PM

South Korean company to invest $9.39m in Bepza EZ

South Korean company Giant BD Footwear Ltd will invest $9.39 million to set up a shoe and shoe accessories manufacturing plant in Bepza Economic Zone (Bepza EZ).
10 August 2023, 18:00 PM

Russia halts currency buys as rouble tumbles

The Russian central bank said it would no longer purchase foreign currency on the domestic market from Thursday, as it sought to prop up the ruble, at its lowest level against the dollar since March 2022.
10 August 2023, 18:00 PM

Biden orders ban on certain US tech investments in China

President Joe Biden on Wednesday signed an executive order that will prohibit some new US investment in China in sensitive technologies like computer chips and require government notification in other tech sectors.
10 August 2023, 18:00 PM

Oil firms to multi-month highs, eyes on US inflation data

Oil recouped early marginal losses on Thursday, climbing to multi-month peaks as the market weighed supply tightness concerns with fuel demand worries ahead of key US inflation data.
10 August 2023, 08:05 AM

Biden orders ban on certain US tech investments in China

President Joe Biden on Wednesday signed an executive order that will prohibit some new US investment in China in sensitive technologies like computer chips and require government notification in other tech sectors.
10 August 2023, 06:49 AM

Oil hits new highs

Oil hit new peaks on Wednesday with Brent crude touching the highest since April as tighter supply owing to Saudi and Russian output cuts offset concerns over slow demand from China and a report showing rising U.S. crude inventories.
9 August 2023, 18:00 PM

China tips into deflation

China’s consumer sector fell into deflation and factory-gate prices extended declines in July, as the world’s second-largest economy struggled to revive demand and pressure mounted on Beijing to release more direct policy stimulus.
9 August 2023, 18:00 PM