Chic Wings (BD) Lingerie to invest $18 million in Bepza Economic Zone

The Sino-Singapore firm will set up a garment manufacturing factory
12 November 2024, 12:09 PM

Boeing reaches settlement to avert civil trial in MAX crash

It originally involved six plaintiffs but until now all but one had settled, according to a source familiar with the case.
12 November 2024, 06:59 AM

BB allows imports of 11 Ramadan commodities on credit

The benefit will remain valid until March 31 next year
11 November 2024, 14:43 PM

Inflation pushes people to compromise on priorities: commerce adviser

Sk Bashir Uddin says he will work hard together with everyone to control commodity prices
11 November 2024, 12:30 PM

Rupee slips to record low

However, the Indian currency avoids sharp losses on central bank's intervention
11 November 2024, 11:44 AM

Asian stocks slide as China stimulus disappoints; bitcoin extends record rally

Bitcoin climbed to an all-time high as Donald Trump's victory in the US presidential election along with pro-crypto candidates being voted to Congress spurred expectations of a light-handed regulatory environment.
11 November 2024, 07:02 AM

China's 'Singles Day' shopping spree in spotlight as spending flags

"Singles Day" -- launched by tech giant Alibaba in 2009 -- has ballooned into an annual blockbuster period for retail, with days of discounts luring customers to the country's online shopping platforms.
11 November 2024, 05:27 AM

Trump victory poses challenges for the Fed's independence

The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by raising and lowering interest rates.
10 November 2024, 09:06 AM

Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism

The electric automaker's shares jumped 8.2% to $321.22, catapulting the company's valuation above the trillion-dollar mark for the first time in more than two years.
10 November 2024, 07:06 AM

Asia, the world's economic engine, prepares for Trump shock

Trump, who won a crushing presidential victory this week, vowed during his campaign to slap 60 percent tariffs on all Chinese goods entering the United States in an attempt to balance trade between the two nations.
10 November 2024, 05:04 AM

Gold logs biggest weekly fall

Gold prices dropped on Friday, logging their steepest weekly decline in over five months, pressured by a stronger dollar and as markets absorbed the implications of Donald Trump’s victory and its potential impact on US interest rate expectations.
9 November 2024, 18:00 PM

Fed makes quarter point cut as Powell insists he would not quit

The US Federal Reserve shrugged off concerns about the economic impact of Donald Trump’s election victory and moved ahead with a quarter point cut Thursday.
9 November 2024, 18:00 PM

After Trump victory, EU leaders vow 'urgent' economic reform

Although Europe's public reaction to the Republican's return has been cautious, officials are on full alert over the implications for the European Union's economy if he delivers on his threats and slaps higher tariffs
9 November 2024, 06:56 AM

China consumer prices rise at slower rate in October

The consumer price index (CPI), a key measure of inflation, rose 0.3 percent year-on-year in October, down from 0.4 percent in September, the National Bureau of Statistics (NBS) said.
9 November 2024, 06:52 AM

What impact will Trump have on the world economy?

Donald Trump’s return to the White House with his protectionist policies poses threats for the global economy, with the prospect of new trade wars, resurgent inflation and slower growth, experts say.
7 November 2024, 18:00 PM

Garment export to US falls 6.29% in Jan-Sep

Bangladesh shipped $5.41 billion worth of apparels to the American market in the nine months
7 November 2024, 15:06 PM

Trump's America-first agenda to test ties with India

India is the ninth-largest trading partner of the United States, with a trade surplus of more than $30 billion in the 2023-24 financial year.
7 November 2024, 11:11 AM

Inflation rises to 10.87 percent in October from 9.92 percent in September

Inflation rises to 10.87 percent in October from 9.92 percent in September
7 November 2024, 10:25 AM

Trump's win aided by a relentless focus on the cost of living

The impact of inflation on the cost of everyday items was pronounced, with consumer prices rising cumulatively by more than 20 percent during President Joe Biden's time in office, triggering a backlash from voters.
7 November 2024, 07:29 AM

Equities swing, bitcoin hits record as traders weigh Trump 2.0

Trump Trade went into overdrive Wednesday as it emerged that the tycoon would return to the White House after beating Democrat Kamala Harris
7 November 2024, 05:51 AM