Trump has vowed sweeping tariffs: What comes next?

This will not be the first time Trump has used tariffs to exert pressure on other countries
7 November 2024, 05:44 AM

Trump win sees dollar, stocks soar

Donald Trump’s surprisingly comprehensive victory in the US Presidential election has electrified the US dollar - possibly to his own chagrin - and the US currency is eyeing its biggest one-day gain in two years.
6 November 2024, 18:00 PM

Trump victory to reverberate through global economy

Donald Trump’s victory in the race to become the next US president will have economic consequences for the rest of the world that are likely to be deep and quite immediate.
6 November 2024, 18:00 PM

What does Trump 2.0 mean for businesses in Bangladesh?

For local business communities, Donald Trump’s victory in the presidential race has been shorthand for the expectation that Western apparel orders and some foreign investments would shift to Bangladesh, with global fashion powerhouse China possibly facing higher import tariffs from the US.
6 November 2024, 18:00 PM

Don’t withdraw money from banks unless necessary: BB spokesperson

Deposited money is safe in banks, Husnay Ara Shikha says
6 November 2024, 14:45 PM

Hey stupid, it wasn't just the economy. It was inflation

American voters who cared more about the economy than other issues - their choice for the next president appeared resoundingly clear: Republican Donald Trump.
6 November 2024, 11:23 AM

Commodities under pressure on likely Trump win in US presidential race

Trump has won the 270 electoral votes needed to claim victory over challenger Kamala Harris, according to Fox News
6 November 2024, 08:33 AM

'Trump trade' surges as he claims victory

U.S. stock futures hit record highs, the dollar surged and Treasury yields jumped, while bitcoin broke $75,000 for the first time - all moves flagged by investors as likely should Trump win over Democrat Kamala Harris.
6 November 2024, 05:21 AM

India eyes record rice production in 2024-25 monsoon

India, the world’s biggest rice exporter, is likely to produce a record 119.93 million tonnes of the staple crop in 2024-25 “kharif” season on the back of a good monsoon, the country’s agriculture ministry said yesterday.
5 November 2024, 18:00 PM

India eyes record rice production in 2024-25 monsoon

Indian agriculture ministry estimates producing 119.93 million tonnes of rice
5 November 2024, 13:09 PM

Most Asian markets rise ahead of toss-up US election

A win for Republican Donald Trump is expected to boost the dollar, restoke inflation and send Treasury yields higher owing to his pledges to slash taxes and impose tariffs on imports
5 November 2024, 07:50 AM

Boeing union says approves contract, ending over 7-week strike

The contract includes a 38 percent wage hike, a $12,000 signing bonus and provisions to lift employer contributions to a 401K retirement plan and contain health care costs
5 November 2024, 06:00 AM

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