Food processors protest tax hike

They also urge govt not to raise gas prices
16 January 2025, 11:54 AM

Taiwan's TSMC says net profit rose 57% in fourth quarter

Net profit for the three months to December jumped 57 percent on-year to NT$374.7 billion (US$11.4 billion).
16 January 2025, 06:41 AM

US consumer inflation rises in December but underlying pressures ease

The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the Labor Department said in a statement on Wednesday.
16 January 2025, 05:21 AM

'Everything on the table' to respond to Trump tariffs: Trudeau

"If the US administration chooses to still implement tariffs, we will respond purposefully, forcefully, resolutely," he said.
16 January 2025, 05:14 AM

Trump’s policies won’t push up inflation

Donald Trump’s policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect’s longtime economic advisers told AFP Tuesday, less than a week before Trump returns to the White House.
15 January 2025, 18:00 PM

Hasina, family members included in list for money laundering probe: BFIU

11 separate teams will be formed to investigate people, companies of 11 groups
15 January 2025, 13:41 PM

Boeing 2024 plane deliveries tumble on labor, safety woes

The annual figure was well below 2023 deliveries and less than half the 766 aircraft European rival Airbus brought to customers last year.
15 January 2025, 09:43 AM

Beijing 'firmly opposes' US ban on smart cars with Chinese tech

"Such actions disrupt economic and commercial cooperation between enterprises... and represent typical protectionism and economic coercion," foreign ministry spokesman Guo Jiakun said
15 January 2025, 09:38 AM

Renewed US trade war threatens China's 'lifeline'

Exports have historically represented a key engine in the world's number two economy, where authorities will release 2024 growth data on Friday that is expected to be among the lowest in decades.
15 January 2025, 05:38 AM

US securities regulator sues Musk over purchase of Twitter shares

Musk's role at the social network has been marked by numerous controversies and led to various legal actions on the part of investors, former employees and companies that had contracts with Twitter, now called X.
15 January 2025, 05:33 AM

Bangladesh-Pakistan trade yet to reach expected level

DCCI president says at meeting with the Federation of Pakistan Chambers of Commerce and Industry
14 January 2025, 12:57 PM

Global electric car sales rose by 25% in 2024

A record 17.1 million battery electric vehicles (excluding plug-in hybrids) were sold last year across the world, according to figures compiled by the firm.
14 January 2025, 09:23 AM

Trump's return threatens resurgence of trade wars

Even before taking office, Trump has raised the prospect of fresh levies on companies, countries and groups of states as he seeks to implement his agenda
14 January 2025, 09:17 AM

FICCI expresses concern over hikes in tax, SD

Increased costs of doing business could weaken operational capacity, the chamber said
13 January 2025, 10:41 AM

India allows transit for heavier Nepali cargo to Bangladesh

Under Indian road transport regulations, the limits are set at 18.5 tonnes for two-axle vehicles and 28 tonnes for three-axle vehicles
13 January 2025, 07:40 AM

WTO favours EU over Indonesia on palm oil restrictions

Indonesia, the world's leading producer of palm oil, in 2019 requested an expert panel review of the EU restrictions.
12 January 2025, 06:07 AM

US consumer inflation expectations soar in January on tariff fears

Long-run inflation expectations soared to 3.3 percent, the highest level since June 2008, from 3.0 percent in December.
12 January 2025, 05:57 AM

11 conditions made mandatory for trade through Benapole port

Beanpole customs also listed 12 types of imported goods that should go through physical inspection
11 January 2025, 14:39 PM

US Fed's December rate cut should be its last for now: official

The US central bank voted 11-to-1 in favor of cutting rates by a quarter of a percentage point at the meeting on December 17 and 18, reducing the bank's key lending rate to between 4.25 and 4.50 percent despite an uptick in inflation
11 January 2025, 07:04 AM

Taiwan chip giant TSMC says 2024 revenue rose 33.9%

Net revenue rose 33.9 percent to NT$2.9 trillion ($87.8 billion), the company said in a statement, ahead of the release of its complete earnings report next week.
11 January 2025, 07:00 AM