The US invented shopping malls, but China is writing their next chapter

Malls became a motif of modernity during the country's economic expansion. They offered consumers year-round protection from heat, humidity, cold and frost, as well as from busy streets and polluting traffic. Malls were safe environments where the steadily increasing numbers of more affluent Chinese families could shop and eat, stroll and meet.
10 January 2024, 13:20 PM

India's Adani to invest $24 bln in Gujarat in five years

Adani Group to invest 2 trillion rupees ($24 billion) in five years, said its chairman Gautam Adani
10 January 2024, 11:37 AM

Rising prices cap India's thirst for Russian oil

India is buying Russian oil less as the discounted prices have seen an increase
10 January 2024, 10:00 AM

Google faces $1.67 bln damages demand at AI-related patent trial

Google is facing a $1.67 bln damages demand for infringing patents
10 January 2024, 05:23 AM

Samsung expects further decline in quarterly profits

Weak demand concerns behind Samsung Electronics gloomy financial forecast
9 January 2024, 05:21 AM

Asia wealth managers flock to Dubai as clients look to diversify

A growing number of wealth managers in Asia are setting up offices in Dubai, capitalising on warming diplomatic ties between China and the Middle East and betting on a surge in demand from clients for geographical diversification.
8 January 2024, 06:55 AM

Toyota Motor to restart vehicle plants in Japan from Monday

Toyota would restart its vehicle plants from Monday, deciding about operations separately on January 15
7 January 2024, 10:57 AM

City Bank gets $45 million Murabaha trade finance from ITFC

It is ITFC's highest trade finance extended to a commercial bank
6 January 2024, 11:20 AM

BB, NBR urged to facilitate import of six Ramadan commodities

Commerce ministry writes letters to Bangladesh Bank, the National Board of Revenue
4 January 2024, 14:55 PM

Biman to buy Tk 1,000 crore equipment, body cameras for ground staff

The cameras will be used to stop pilferage of valuables from luggage
4 January 2024, 13:41 PM

‘Polluter pays’ doctrine will take on new meaning

Ten years since Rana Plaza factory tragedy in Bangladesh, cheap clothing from global brands still filling landfill
4 January 2024, 10:47 AM

Ocean cargo rates climb after new Red Sea ship attacks

Long and slow rerouting, or even suspension has caused cargo rates to climb higher
4 January 2024, 07:55 AM

US bankruptcies surged 18% in 2023 and seen rising again in 2024 -report

Higher interest rates are among the reasons the US has seen a surge in bankruptcy filings
4 January 2024, 06:25 AM

Zero margin import facility sought for six essential commodities

Traders made the demand for onion, edible oil, sugar, lentil, chickpeas, dates
3 January 2024, 11:09 AM

BYD: Chinese electric vehicle giant that has overtaken Tesla on sales

BYD, the Chinese vehicle giant, has dethroned the trailblazing Tesla in terms of sales
3 January 2024, 08:17 AM

Maersk extends suspension of Red Sea passage

Shipping giant Maersk said on Tuesday it would not resume passage through a key Red Sea strait "until further notice,"
3 January 2024, 07:26 AM

Export earnings fall slightly in Dec

Exports decreased by 1.06% to $5.3 billion
2 January 2024, 11:15 AM

US wants to contain China's chip industry. This startup shows it won't be easy

Advanced chips is one of the most contentious technological struggles now dividing the US and China
31 December 2023, 09:22 AM

How China talked markets out of a run on the yuan

China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers
31 December 2023, 05:43 AM

China factory activity decline deepens in December

China's factory activity declined in December as Beijing rounded off a year marked by stuttering economic recovery
31 December 2023, 05:12 AM