IMF board approves $7 billion Pakistan loan agreement

IMF on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender
26 September 2024, 05:05 AM

What will US interest rate cuts mean for Asia and the Pacific?

The recent interest rate cuts by the United States Federal Reserve present opportunities and challenges for central banks in Asia and the Pacific
26 September 2024, 04:01 AM

Gold price hiked by Tk 3,045 a bhori again

From tomorrow, a bhori of 22-carat gold will cost Tk 138,708
25 September 2024, 14:48 PM

Visiting IMF mission to seek info on NBR’s revenue collection plan

A four-member delegation of the IMF will sit with NBR officials tomorrow
25 September 2024, 13:46 PM

Beijing 'firmly opposes' US ban of Chinese tech from connected vehicles

China's commerce ministry on Wednesday said it "firmly opposes" US plans to ban the sale of connected vehicles incorporating Chinese and Russian technology, citing national security risks
25 September 2024, 09:09 AM

No peak oil demand 'on the horizon', phaseout a 'fantasy': OPEC

OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change
25 September 2024, 07:47 AM

China's monetary volleys miss key threat to economic growth

China's central bank has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to economic growth in their line of sight: the persistently weak consumer demand
25 September 2024, 06:47 AM

US sues Visa for monopoly on debit-card use

The US Department of Justice filed an antitrust lawsuit against Visa on Tuesday, alleging the company illegally maintains a monopoly over the use of debit cards in the United States
25 September 2024, 06:16 AM

Gold all-time high of Tk 135,663 a bhori from tomorrow

Jewellers raised 22-carat gold prices by Tk 2,612 per bhori
24 September 2024, 14:30 PM

Dissanayake's push for Sri Lanka economic change leaves IMF deal, debt rework in limbo

Sri Lanka's new president won the election decisively, but his toughest task still lies ahead as he seeks to balance promises to aid the nation's poor against the need to keep crucial supplies of cash flowing from the International Monetary Fund
24 September 2024, 08:41 AM

Fishy business caught by fraying India-Bangladesh ties

Shimmering piles of silver fish are snapped up for exorbitant prices in India's port of Kolkata, the unlikely side effect of a diplomatic fallout after a student-led revolution in neighbouring Bangladesh
24 September 2024, 06:06 AM

IMF says ready for talks with Sri Lanka's new leftist government

IMF is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country's new government, a spokesman said
24 September 2024, 04:31 AM

FICCI wants separate office to handle IP issues

The chamber met industries adviser, discussed collaborative approaches to tackle industrial challenges
23 September 2024, 14:33 PM

India to sell onions from reserves to check prices, official says

The Indian government will sell onions from its reserves to cool high prices, a top official at the consumer affairs ministry told reporters on Monday.
23 September 2024, 09:30 AM

Beijing slams reported US trade ban on cars with Chinese tech

China warned the United States on Monday not to take "discriminatory actions" against its firms, following reports Washington is planning to ban the sale of vehicles using Chinese and Russian technology
23 September 2024, 08:59 AM

UK finance minister vows to 'rebuild' country

British finance minister Rachel Reeves on Monday will vow to "rebuild Britain" after 14 years of Conservative leadership, warning of "difficult decisions" in a speech at the Labour Party conference
23 September 2024, 06:26 AM

TSMC, Samsung consider building chip factories in UAE, WSJ reports

TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion
23 September 2024, 05:16 AM

Harris to release new economic proposals this week on US wealth creation

US Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said
23 September 2024, 05:09 AM
22 September 2024, 12:51 PM

India’s open for business push has local quirks

Prime Minister Narendra Modi has spent much of the past decade lowering barriers to foreign investment in India
22 September 2024, 11:32 AM