Some 73 per cent of chief executive officers (CEOs) believe global economic growth will decline over the next 12 months, according to the PwC’s annual global CEO survey released yesterday.

The top 1 per cent of earners grabbed nearly two-thirds of all the new wealth, or $26 trillion of the $42 trillion, generated since 2020, according to a report by Oxfam International released yesterday.

The richest 1 per cent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 per cent of the world’s population holds, reveals a new Oxfam report today.

China’s economic growth for 2022 is expected to have been among its weakest in four decades after the twin crises of the pandemic and property woes, analysts said ahead of Tuesday’s GDP announcement.

Major US banks reported mixed fourth-quarter results Friday as executives pointed to the rising odds of a  “mild recession,” with inflation and interest rate hikes challenging households and businesses.

The Indian rupee strengthened on Friday, posting its biggest weekly gain in two months, as benign US inflation reading reinforced expectations of a smaller rate hike by the Federal Reserve next month.

The Chattogram port today berthed first ever vessel with 10-metre draught and 200 metres in length at a jetty, a big achievement for the port as such ships will fuel import and export of cargo and cut cost.

Bangladesh should continue with the measures to reform various sectors of the economy, said IMF's Deputy Managing Director Antoinette Monsio Sayeh today.

Nigeria wants to expand trade with Bangladesh as the south Asian country has achieved significant development in the last decade, said Akinremi Bolaji, director for economic, trade and investment of the foreign affairs ministry of the west African nation.

International Monetary Fund (IMF) Deputy Managing Director Antoinette Monsio Sayeh today praised the proactive measures taken by the government and the Bangladesh Bank to tackle the economic challenges the country is facing.

The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the global energy transition, the energy ministers of Qatar and the United Arab Emirates said on Saturday.

India’s foreign exchange reserves fell to $561.58 billion in the week through January 6, the Reserve Bank of India’s (RBI) statistical supplement showed on Friday.

The US Treasury Department said Friday it will likely begin  “extraordinary measures” next week to prevent a default on government debt, setting up a high-stakes showdown in Congress over raising the nation’s borrowing limit.

China’s exports in December fell at their fastest pace since 2020, according to official data Friday, owing to a drop in global demand and after health restrictions hit economic activity at home.

The recent retail electricity tariff hike will ultimately create an additional economic burden on the smooth operations of the private sector and power intensive industries, Dhaka Chamber of Commerce and Industry (DCCI) President Barrister Md Sameer Sattar said.

Over 11.35 lakh Bangladeshis migrated to foreign nations in 2022, the highest ever in the history of the south Asian country.

Oil rose more than 1 per cent on Thursday supported by optimism over China’s demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates.

Malaysia said on Thursday it could stop exporting palm oil to the European Union in response to a new EU law aimed at protecting forests by strictly regulating sale of the product.

The world is at the “dawn of a new industrial age” of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, the International Energy Agency said on Thursday.

Consumer inflation in the United States is set to ease further in December, analysts say, in an encouraging trend that could bring some reprieve from rising interest rates.