'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

The bigger picture: leveraging IMF engagement for lasting economic reform

It is worth looking beyond the immediate economic cost of the IMF loan
4 May 2025, 14:24 PM

Remittance rises 35% in April

Bangladeshi migrants sent home $2.75 billion in the month
4 May 2025, 12:09 PM

Warren Buffett to retire from Berkshire Hathaway after six decades

Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over..Buffett's success, coupled with his ability to explain his thinking
4 May 2025, 11:30 AM

US solar tariffs could drive Asia transition boom

Southeast Asia accounted for nearly 80 percent of US solar panel imports in 2024.
4 May 2025, 05:12 AM

US Fed expected to pause cuts again and wait for clarity on tariffs

Trump has imposed steep levies on China, and lower "baseline" levies of 10 percent on goods from most other countries, along with 25 percent duties on specific items like steel, automobiles and aluminum.
4 May 2025, 05:00 AM

Renata’s Q3 profit falls despite 16% jump in sales

The listed drugmaker made Tk 58 crore in the January-March quarter
3 May 2025, 14:45 PM

Patenga container terminal starts import container handling

So far, ships had been taking away export containers
3 May 2025, 13:37 PM

Trump's tariffs bite at quiet US ports

Trump's on-again-off-again tariffs -- and the retaliation launched by other countries -- has cowed importers, whose usual orders for furniture, toys, and clothing have dwindled.
3 May 2025, 09:09 AM

US ends duty-free shipping loophole for low-cost goods from China

Starting on Friday, goods shipped commercially will now be subject to new tariffs of 145 percent -- the current level of levies imposed on goods coming from China.
3 May 2025, 07:16 AM

US hiring better than expected despite Trump uncertainty

However, job creation was still well above the market consensus of 130,000, according to Briefing.com, and remained slightly above the average monthly gain over the past 12 months.
3 May 2025, 05:57 AM

How Trump’s tariffs could hit developing economies – even those not involved in the trade war

In early April, Trump said many countries had “ripped us off left and right” and declared “now it’s our turn to do the ripping”. His administration swiftly imposed sweeping tariff increases, with some of the highest rates falling on poorer countries like Laos and Lesotho.
3 May 2025, 05:33 AM

Remittance surges 37% in April

Migrants sent home $2.6 billion in the first 29 days of April
1 May 2025, 05:36 AM

Trade war may lower growth and inflation in euro zone, ECB's Cipollone says

While the inflation impact is less clear, the short to medium-term effects may even prove disinflationary for the euro area, Cipollone added.
29 April 2025, 10:46 AM

China blames US tariffs for halting Boeing plane deliveries

"Relevant Chinese airlines and Boeing in the United States have suffered greatly," a spokesperson said.
29 April 2025, 07:27 AM

China downplays impact of Trump tariffs on economic recovery

U.S. President Donald Trump's global trade war has rattled financial markets and raised fears of a recession, particularly as tit-for-tat tariffs between the world's two biggest economies threaten to upend supply chains and a whole range of industries.
28 April 2025, 07:40 AM

After 100 days, Trump voters feel tariffs, but most see long-term gain

Trump’s barrage of tariffs against global trading partners has reverberated around the United States over the past few months, affecting the livelihoods of myriad Americans, including many who said they voted for him.
28 April 2025, 06:33 AM

Asian markets mixed as investors eye trade talks

Investors were also keeping tabs on China after President Xi Jinping and other top leaders last week discussed plans to boost consumption in the world's number two economy.
28 April 2025, 05:02 AM

China says on 'right side of history' in trade standoff with US

Beijing has acknowledged that global economic vicissitudes have strained its economy, long dependent on exports
28 April 2025, 04:58 AM

Foreign carmakers strive for 'China Speed' to stay in race

Across the country, car models rolling off assembly lines like this have gone from concept to release in record time -- known in the industry as "China Speed", the envy of foreign competitors.
27 April 2025, 10:55 AM