The Federal Reserve has committed to sustaining stimulus to the US economy until it has recovered from the Covid-19 pandemic, and is expected to remain firm in that stance when it concludes its policy meeting on Wednesday.

Taiwan’s government on Wednesday accused China of waging economic warfare against the Chinese-claimed island’s tech sector by stealing technology and enticing away engineers, as parliament considers strengthening legislation to prevent this.

The US trade deficit in goods jumped to a record high in March, suggesting trade was a drag on economic growth in the first quarter, but that was likely offset by robust domestic demand amid massive government aid and easing pandemic stress.

Saudi Arabia’s de facto ruler, Crown Prince Mohammed bin Salman, said in a televised interview that he will further centralise policymaking, to ensure the success of his drive to diversify the economy.

Bangladesh Bank has removed AKM Shaheed Reza from the board of Mercantile Bank due to his involvement in a loan scandal.

Stocks returned to the black after a tendency towards profit booking prevailed for two days which buoyed investors into continuing their investments.

With disruptive innovations across the financial sector, new entrants and multiple options for customers, many might think that traditional banking has a bleak future.

Bangladesh Bank yesterday ordered banks to run operations on a limited scale until the ongoing restrictions on movement end on May 5.

The government will set up a 15 megawatt heavy fuel oil-based power plant in Noakhali’s Hatia upazila.

Finance Minister AHM Mustafa Kamal apparently has no idea about the Federation of Bangladesh Chambers of Commerce and Industry’s (FBCCI) plans to set up a commercial bank.

The central bank yesterday formed a committee to examine its latest ICT infrastructure’s debacle that had halted the inter-bank cheque transactions and electronic fund transfers (EFT) more than for a week.

The domestic plastic pipe industry is growing at around 20 per cent a year thanks to its rising demand in the ongoing government development projects and modern water supply, sewerage and irrigation systems.

Euro area bond yields tracked Treasury yields higher on Wednesday, ahead of the close of the US Federal Reserve’s policy meeting later in the session.

The government has floated an international tender to lease out 25 state-run jute mills for a period of five to 20 years even though industrialists seem uninterested on the short-term deals.

Bangladesh Bank has asked banks to continue operating on a limited scale until the ongoing restrictions on movement -- to curb Covid-19 transmission -- ends on May 5.

The stock market returned to black today after falling for two days for profit booking tendency of the investors.

Bangladesh Bank has removed AKM Shaheed Reza from the board of Mercantile Bank due to his involvement in a loan scandal.

The Asian Development Bank (ADB) has forecasted that Bangladesh gross domestic product (GDP) would grow at highest 5.8 per cent this fiscal year.

The family of late Samsung Electronics chairman Lee Kun-hee said on Wednesday they will pay more than 12 trillion won ($10.8 billion) in inheritance taxes for his estate and donate his vast private art collection to state curators.

British oil giant BP said Tuesday that it rebounded into first-quarter net profit as oil prices recovered from a virus-driven slump.