China's premier 'fully confident' of hitting growth targets

Beijing has set a growth target of around five percent for 2024, but in the third quarter the country saw its slowest expansion in a year and a half as its post-pandemic recovery remained stubbornly uneven.
5 November 2024, 05:55 AM

AO Smith acquires Pureit for $120 million

AO Smith Corporation is a Wisconsin-headquartered global water technology company
4 November 2024, 15:33 PM

Newly formed BWTCC starts allocating serials of lighter vessels

The cell also cuts freight rates by up to 5%
4 November 2024, 13:10 PM

US Fed to debate rate cut in shadow of presidential election

The Fed's two-day rate meeting begins on Wednesday, and is expected to result in a quarter percentage-point rate cut the following day.
4 November 2024, 06:52 AM

China to hash out stimulus plan with US elections in its sights

Beijing has in recent months heeded calls to step up support for the economy after years of inaction, announcing a raft of measures including rate cuts and the easing of some home buying restrictions
4 November 2024, 06:48 AM

Denim Expo begins in Dhaka tomorrow

Bangladesh Apparel Exchange will organise the two-day expo
3 November 2024, 13:42 PM

China's BYD boosts production and hiring amid Q3 growth

BYD posted an 11.5 percent rise in third-quarter net profit as it maintained strong sales momentum.
3 November 2024, 09:03 AM

Recent data has kept Fed rate view, soft landing, intact

Employment data for October was among the weakest of recent reports, with prior months revised lower and only 12,000 jobs added
3 November 2024, 05:42 AM

BASIS appoints M Rashidul Hasan as new president

The association also outlines roadmap for reforms, elections
2 November 2024, 12:41 PM

Apple narrowly beats estimates with boost from iPhone sales

The tech giant saw quarterly revenue of $94.9 billion in the three months ending September 28
2 November 2024, 05:36 AM

US hiring slowest since Biden took office, on strikes, hurricanes

The world's biggest economy added just 12,000 jobs last month, far below expectations and down from a revised 223,000 in September
2 November 2024, 05:28 AM

Outstanding bills: Adani halves power supply to Bangladesh

India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
1 November 2024, 18:02 PM

Economy is making a turnaround: finance adviser

Business leaders appreciate the steps taken for the domestic industry
31 October 2024, 13:34 PM

China factory output expands for first time in six months

In October, China's Purchasing Managers' Index (PMI) -- a key measure of industrial output -- was 50.1, the National Bureau of Statistics (NBS) announced, up from 49.8 in September.
31 October 2024, 06:08 AM

Samsung Q3 operating profits soar to $6.6 bn, miss forecast

The world's largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) "largely due to one-off costs".
31 October 2024, 06:05 AM
30 October 2024, 14:29 PM

Robi Axiata’s profit rises 78% in Q3

The telecom operator made Tk 188.7 crore in Jul-Sep this year from Tk 106 crore in the same period last year
30 October 2024, 13:23 PM

Google reports strong growth driven by AI, cloud

The technology giant's net income surged 34 percent to $26.3 billion, while earnings per share increased 37 percent to $2.12
30 October 2024, 04:51 AM

Beijing files WTO complaint over EU's new taxes on Chinese EVs

The extra taxes of up to 35 percent were announced Tuesday after an EU probe found Chinese state subsidies were undercutting European automakers
30 October 2024, 04:44 AM

BTTC wants duty free rice imports

The Bangladesh Trade and Tariff Commission (BTTC) has requested the government to temporarily withdraw import duty on rice to increase the supply and, in turn, contain the price of this staple food in the local markets.
29 October 2024, 18:00 PM