Record $35.5 billion remittance came in FY26
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World Bank to phase out lending to China by 2031
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Sri Lanka reduces fuel prices after Middle East ceasefire
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US dollar rate rises amid June-end payment pressure
29 June 2026, 21:42 PM
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'One-time opportunity': South Korea bets big on AI boom
29 June 2026, 12:50 PM
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Oil climbs following renewed US, Iran strikes in Middle East
29 June 2026, 12:48 PM
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Kazi Farms ships 10,440 hatching eggs to Nigeria
28 June 2026, 19:32 PM
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Amazon Prime Day offers a glimpse into US consumer as shoppers navigate with pinched wallets
28 June 2026, 11:54 AM
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iFarmer bags $250,000 OPEC Fund award for empowering farmers
27 June 2026, 19:05 PM
Business
Toyota to test self-driving, talking cars by about 2020
Toyota Motor Corp on Monday said it would begin testing self-driving electric cars around 2020, which will use artificial intelligence (AI) to engage with drivers, as the company competes with tech firms to develop new vehicles.
16 October 2017, 18:00 PM
Internet controls could harm companies, isolate China: German ambassador
China's internet restrictions have struck a "new blow" against foreign companies working there, Germany's ambassador said on Monday, warning that such moves could undermine Beijing's political and commercial ties with the world.
16 October 2017, 18:00 PM
China economy to grow 7pc in second half: central bank
China's central bank governor said the economy could grow 7 percent in the second half of this year, accelerating from the first six months and defying widespread expectations for a slowdown.
16 October 2017, 18:00 PM
Trump says open to bilateral Canada, Mexico pacts if Nafta talks fail
US President Donald Trump said on Wednesday he was open to bilateral trade pacts with either Canada or Mexico if a three-way deal cannot be reached to substantially revise the North American Free Trade Agreement.
12 October 2017, 18:00 PM
HSBC names John Flint as next CEO
HSBC has appointed John Flint as its next chief executive the bank said on Thursday, sticking with a tradition of promoting company insiders to run the firm.
12 October 2017, 18:00 PM
Global oil market seen balanced in 2018: IEA
Global supply and demand for crude oil will be largely balanced next year, as growth in consumption helps erode a three-year-old overhang of unused fuel and should mostly offset a steep rise in output, the International Energy Agency said on Thursday.
12 October 2017, 18:00 PM
Samsung scion fights back as legal appeal begins
The heir to South Korea's Samsung Group, convicted of bribing the country's former president, appeared in a packed court on Thursday for the first day of arguments in the appeal of his five-year jail term for corruption.
12 October 2017, 18:00 PM
Paris plans to banish all but electric cars by 2030
Paris authorities plan to banish all petrol- and diesel-fueled cars from the world's most visited city by 2030, Paris City Hall said on Thursday.
12 October 2017, 18:00 PM
New boss of SBI promises to tackle bad debt, seize opportunities
Tackling bad debts is the priority for State Bank of India, its newly appointed chairman said on Thursday, but India's largest bank will not shy away from opportunities to grow, including in infrastructure lending.
5 October 2017, 18:00 PM
US services growth hits 12-year record
Growth in the US services sector, a key driver of the American economy, hit a 12-year high last month in the wake of back-to-back hurricanes, a survey released Wednesday showed.
5 October 2017, 18:00 PM
Linde urges investors to exchange shares for Praxair merger
German industrial gases group Linde urged investors to tender their shares in an exchange offer for its planned $80 billion merger with US peer Praxair as a deadline approaches to reach 75 percent acceptance.
5 October 2017, 18:00 PM
Oil steady as talk of new Opec deal balances US exports
Oil prices steadied on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record US exports and the return of supply from a Libyan oilfield dragged on the market.
5 October 2017, 18:00 PM
London mayor welcomes Uber boss' humility after licence loss
London Mayor Sadiq Khan welcomed the humility shown by Uber's chief executive after the city stripped the taxi app of its licence to operate, but once again criticised the company's London management on Thursday.
5 October 2017, 18:00 PM
UK car sales skid in September
Political and economic uncertainty, not least from Brexit, sent sales of new cars in Britain falling sharply in September, a key month for the industry, data showed on Thursday.
5 October 2017, 18:00 PM
India considering exemptions sought by Apple to set up assembly plant
The Indian government is considering exemptions sought by Apple Inc for setting up a unit to assemble iPhones, Ramesh Abhishek, the top bureaucrat in the Department of Industrial Policy and Promotion, said on Thursday.
5 October 2017, 18:00 PM
Saudi Aramco IPO on track for 2018
A plan to list Saudi Aramco in 2018 is on track, senior Saudi officials said in Moscow on Thursday, as Saudi Arabia gears up to sign a string of investment agreements with Russia.
5 October 2017, 18:00 PM
Job fair offers hope for Syria refugees in Jordan
After five years without work, Syrian refugee Mohammed Ahmad was nervous but hopeful as he registered with as many firms as possible at a unique job fair in Jordan's sprawling Zaatari camp where he lives.
5 October 2017, 18:00 PM
Japan's economy sees output exceed capacity the most in 9yrs
Japan's economy saw output exceed full capacity by the most in nine years in the April-June quarter, a Bank of Japan estimate showed, a positive sign for the central bank as it seeks to accelerate inflation to its elusive 2 percent target.
4 October 2017, 18:00 PM
Bank of England talking up sterling to fight inflation: S&P
Ratings agency Standard & Poor's said it was “a bit skeptical” that Britain's economy needed an interest rate increase soon and comments from the Bank of England that a hike might be nearing seemed designed to push up sterling and cool inflation.
4 October 2017, 18:00 PM
RBI keeps repo rate unchanged but frees up more liquidity
The Reserve Bank of India (RBI) kept its policy rate steady at a near seven-year low of 6 percent on Wednesday despite a sharp slowdown in economic growth, after a surge in inflation that threatened the central bank's target.
4 October 2017, 18:00 PM