US and China set for talks in bid to 'de-escalate' trade war

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to confer with Chinese Vice Premier He Lifeng in the Swiss city
10 May 2025, 08:59 AM

IMF approves $1 bn Pakistan payout despite India's objections

Pakistan came to the brink of default in 2023, as a political crisis compounded an economic downturn and drove the nation's debt burden to terminal levels
10 May 2025, 06:29 AM

China's consumption slide deepens as tariff war bites

The world's second-largest economy has grappled with persistent deflationary pressure in recent years, with longstanding woes in the property sector and export headwinds impeding growth
10 May 2025, 05:08 AM

Trump heralds 'breakthrough' deal with UK

The US president told reporters at the White House
8 May 2025, 15:29 PM

Build warehouse for US soybean to reduce bilateral trade gap

Bangladeshi traders say at global summit in Sri Lanka
8 May 2025, 12:52 PM

Indian benchmarks tepid as traders gauge geopolitical tensions, Fed comments

The Nifty 50 was flat at 24,411.5 and the BSE Sensex was tepid at 80,776.75, as of 10:26 a.m. IST.
8 May 2025, 07:41 AM

Toyota cites tariffs as it forecasts 35% net profit drop

Carmakers have been among the hardest hit by the US president's multi-pronged assault on free trade
8 May 2025, 07:03 AM

Ctg port’s GCB terminal dispute resolved after Tk 175 rate hike

The row over onboard container handling charges at the General Cargo Berth (GCB) terminal of Chattogram Port has finally ended with a unanimous decision to raise the charge by Tk 175 per container.
8 May 2025, 06:49 AM

Trump to announce trade deal with UK on Thursday: US media

The New York Times and Politico reported that Trump was set to agree to a deal with Britain, citing multiple people familiar with the plans.
8 May 2025, 05:20 AM

China vows to defend 'justice' in looming trade talks with US

Since the US president returned to the White House in January, his administration has imposed tariffs totalling 145 percent on goods from China, with some sector-specific measures stacked on top.
7 May 2025, 10:50 AM

Rush to beat tariffs boosts US trade deficit to record high in March

The report from the Commerce Department on Tuesday showed the nation imported a record amount of goods from 10 countries, including Mexico and Vietnam.
7 May 2025, 06:01 AM

Indian shares open lower after India strikes Pakistan

The Nifty 50 fell 0.6 percent to 24,233.3 and the BSE Sensex lost 0.86 percent to 79,948.8 as of 9:15 a.m. IST.
7 May 2025, 05:11 AM

HSBC Bangladesh’s profit rose 9% in 2024

HSBC Bangladesh's profit rose 9 percent year-on-year to Tk 1,086.13 crore in 2024, thanks to an increase in interest income.
6 May 2025, 22:26 PM

IMF's Georgieva says IMF has been vocal about China's need to change economic model

She acknowledged the Chinese state footprint was unlikely to shrink much in the near term
6 May 2025, 11:00 AM

Dollar recovers some losses, stocks gain as traders eye tariff deals

Oil also staged a comeback after tanking on news of an output hike by key producers
6 May 2025, 07:23 AM

OpenAI abandons plan to become for-profit company

The structural issue had become a significant point of contention for the artificial intelligence (AI) pioneer, with major investors pushing for the change to better secure their returns.
6 May 2025, 05:22 AM

April exports grow slightly

Exports stood at $3.01 billion in April
5 May 2025, 12:16 PM

Warren Buffett: billionaire investor with simple tastes

He still lives in the same house in a quiet neighborhood of Omaha that he bought in 1958 for $31,500.
5 May 2025, 06:47 AM

Crisis-hit Maldives secures $8.8bn Qatar investment

Three residential and office towers, a convention centre and hotels will form part of the Maldives International Financial Centre (MIFC), President Mohamed Muizzu's office said in a statement.
5 May 2025, 06:17 AM

'Bombshell' OPEC+ output hike hits oil price

The output increase of 411,000 barrels a day announced by Saudi Arabia, Russia and six other members of the oil cartel on Saturday added to concerns about over-supply.
5 May 2025, 05:11 AM