Essential commodity imports surge ahead of Ramadan

Between October 2024 and January 2025, imports of sugar, soybean oil, lentils, chickpeas post double-digit growths
20 February 2025, 13:47 PM

Trump says trade deal with China 'possible' 

Beijing's foreign ministry said Thursday that China and the US "should resolve their concerns through dialogue and consultation based on equality and mutual respect."
20 February 2025, 08:10 AM

US Fed officials worried Trump policies could hinder inflation fight: minutes

The US president has threatened to impose sweeping tariffs on some of America's largest trading partners, accusing them of unfair trade practices and of failing to do enough to tackle drug traffickers.
20 February 2025, 05:25 AM

EU trade chief says bloc will respond swiftly to US tariffs

Sefcovic said the EU sees "no justification for sudden, unilateral tariff increases" by the United States, adding that businesses rely on economic stability and predictability.
20 February 2025, 05:20 AM

US lawmakers confirm Howard Lutnick as commerce secretary

Lutnick, who was chief executive of financial services firm Cantor Fitzgerald, is a close ally of Trump's and has been a defender of imposing tariffs on US imports.
19 February 2025, 06:53 AM

HSBC targets $1.5 bn in annual cost savings after revamp

Elhedery's plan for a "simpler, more dynamic, and agile organisation" has shaken up Europe's largest bank, whose shares in Hong Kong have rallied to an 11-year high.
19 February 2025, 05:45 AM

China condemns US 'tariff shocks' at WTO

Trump signed executive orders last week imposing new 25 percent tariffs on steel and aluminium, due to come into effect on March 12
19 February 2025, 04:05 AM

KFC shifts US headquarters from Kentucky to Texas

The relocation of about 100 KFC US corporate roles will take place over six months.
19 February 2025, 04:01 AM

Bangladesh, IMF mutually deferred loan tranche

The International Monetary Fund's move to disburse the fourth and fifth tranches of a $4.7 billion loan together was a mutual decision, the finance ministry said in a press release yesterday.
18 February 2025, 21:00 PM

Honda ready to revive takeover talks if Nissan CEO Uchida leaves, FT reports

Japan's second- and third-largest automakers by sales after Toyota Motor had been in talks to create a $60 billion firm after a lack of hybrid models in the U.S. and competition from local rivals in China had sent Nissan's earnings diving.
18 February 2025, 04:53 AM

Gulf Food Fair begins in Dubai

41 Bangladeshi companies are participating among 5,500 exhibitors from over 129 countries
17 February 2025, 16:44 PM

Japan 2024 growth slows despite stronger fourth quarter

Gross domestic product expanded 0.1 percent in 2024, well down from 1.5 percent the year before, the data showed
17 February 2025, 06:23 AM

China's Xi meets business leaders including Alibaba's Jack Ma

Since coming to power more than a decade ago, Xi has consistently sought to bolster the role of state enterprises in the world's second-largest economy and warned against the "disorderly" expansion of the private sector.
17 February 2025, 06:13 AM

No supply shortage of edible oil

The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association has reassured consumers and traders that there is no supply shortage of bottled edible oil in the local market.
16 February 2025, 18:39 PM

Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports

Broadcom and TSMC are not working together, and all of the talks so far are preliminary and largely informal, the Journal added
16 February 2025, 06:43 AM

Trump tariffs fuel US auto anxiety

An additional 10 percent tariff on imports from China -- a major auto parts supplier -- has already been imposed
16 February 2025, 05:10 AM

Trump unveils 'reciprocal tariffs' plan targeting friends and foes

In particular, he called the European Union "absolutely brutal" in trade ties with Washington.
14 February 2025, 01:44 AM

REHAB Ctg fair begins today

The four-day REHAB Chattogram Fair 2025 has 42 stalls
13 February 2025, 13:22 PM

Honda and Nissan say merger talks called off

Local media reports have said the discussions unravelled after Honda proposed to make its struggling rival a subsidiary instead of the plan, announced in December, to integrate under a new holding company.
13 February 2025, 07:02 AM