Global Economy

Bangladesh now eighth-largest market for US wheat: envoy

4 hour(s) ago Business

India to slash tariffs on cars to 40% in trade deal with EU

4 hour(s) ago Global Economy

China says Canada deal not aimed at US

4 hour(s) ago Global Economy

Samsung to make HBM4 chips for Nvidia

4 hour(s) ago Global Economy

Bangladesh eighth-largest market for US wheat in 2025: US envoy

10 hour(s) ago Business

Samsung to start production of HBM4 chips next month for Nvidia supply, source says

11 hour(s) ago Business

India to slash tariffs on cars to 40% in trade deal with EU, sources say

11 hour(s) ago Business

Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say

26 January 2026, 12:50 PM Business

US to slap full tariffs on Canada if it seals China trade deal: Treasury secretary

26 January 2026, 12:10 PM Business

Foxconn EV venture targets India, Thailand for new small car

Foxconn's (2317.TW) venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit's chief executive said.

1 August 2023, 07:36 AM

Asia's factory activity shrinks as China's slump, global slowdown weigh

Asia's factory activity shrank in July, private surveys showed on Tuesday, a sign slowing global growth and weakness in China's economy were taking a toll on the region's fragile recovery.

1 August 2023, 07:25 AM

India raises windfall tax on petroleum crude

The Indian government has hiked windfall tax on petroleum crude to 4,250 Indian rupees ($51.68) per tonne from 1,600 Indian rupees with effect from August 1.

1 August 2023, 06:40 AM

China moves to boost consumption

Chinese authorities announced new measures to boost consumption on Monday, as fresh economic data suggested that the country’s post-Covid recovery is running out of steam and growth is slowing.

31 July 2023, 18:00 PM

Oil inventory drops set stage for higher prices

Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from Opec leader Saudi Arabia, providing support for prices which are expected to rise in coming months.

31 July 2023, 18:00 PM

EU, Philippines agree to relaunch free trade talks

The European Union and the Philippines will restart negotiations on a free-trade agreement as they seek to accelerate “a new era of cooperation”, European Commission President Ursula von der Leyen said Monday.

31 July 2023, 18:00 PM

Inter-ministerial meeting today to discuss RCEP duty benefit

Bangladesh is preparing to join the Regional Comprehensive Economic Partnership (RCEP) in a bid to retain duty benefits after making the United Nations status graduation from a least developed country (LDC) to a developing one in 2026.

31 July 2023, 18:00 PM

Inter-ministerial meeting today to discuss RCEP duty benefit

31 July 2023, 18:00 PM

Eurozone economy rebounds as inflation slows

Economic growth in the eurozone rebounded in the second quarter, data showed Monday, but concerns remain over inflation that is slowing yet still stubbornly high, and over stagnation in the German economy.

31 July 2023, 18:00 PM

China’s factory, services sectors show weakness

China’s manufacturing activity fell for a fourth straight month in July while the services and construction sectors teetered on the brink of contraction, official surveys showed on Monday, threatening growth prospects for the third quarter.

31 July 2023, 18:00 PM

Walmart buys out $1.4 billion Tiger Global stake in India's Flipkart: WSJ

A Walmart spokesperson confirmed the transaction in an emailed response to Reuters but did not comment on financial details of the deal.

31 July 2023, 03:50 AM

Key US inflation gauge cools further

A key indicator of US inflation cooled in June to the lowest annual rate in over two years, although this remains above the central bank’s target, according to government data released Friday.

30 July 2023, 18:00 PM

US chipmaker to invest $400m in India by 2028

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru.

30 July 2023, 18:00 PM

Oil posts fifth week of gains on signals of tighter supply

Oil prices rose on Friday and notched a fifth straight week of gains as investors were optimistic that healthy demand and supply cuts will keep prices buoyant.

30 July 2023, 06:17 AM

Obscure traders ship half of Russia’s oil exports to India, China

A Liberian-flagged oil tanker set sail in May from Russia’s Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands.

27 July 2023, 18:00 PM

As Russian oil crosses G7's price cap, US eyes soft enforcement

The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to abide by the Group of Seven's price cap on Russian oil as the crude trades over that level, sources and experts said.

27 July 2023, 09:01 AM

Samsung to extend production cuts after $7 bln chip loss in H1

Samsung Electronics on Thursday said the worst is over for the global memory chip market but announced plans to extend production cuts because a demand recovery is largely constrained to high-end chips used in artificial intelligence.

27 July 2023, 07:00 AM

China’s consumer sentiment down

Consumer companies and economists have said sentiment in China is slower than expected, but that’s not stopping them from buying more condoms, Durex maker Reckitt said on Wednesday.

26 July 2023, 18:00 PM

Fed poised to hike rates as markets anticipate inflation endgame

The Federal Reserve is expected to raise interest rates by a quarter of a percentage point on Wednesday, marking the 11th hike in the US. central bank's past 12 policy meetings and possibly a last move in its aggressive battle to tame inflation.

26 July 2023, 07:14 AM

IMF raises 2023 global economic growth forecast

The International Monetary Fund on Tuesday raised its 2023 global growth estimates slightly given resilient economic activity in the first quarter, but warned that persistent challenges were dampening the medium-term outlook.

25 July 2023, 18:00 PM