Asia’s imports of US crude surge, but can’t offset Hormuz losses
REUTERS, Launcestor
3 June 2026, 00:00 AM Global Economy
India, US close to signing first phase of trade deal
AFP, New Delhi
3 June 2026, 00:00 AM Global Economy
Oil prices slip
REUTERS
3 June 2026, 00:00 AM Global Economy
Ctg Customs to auction goods from 102 abandoned containers
Staff Correspondent, Chattogram
2 June 2026, 20:59 PM Business
UN committee recommends Bangladesh’s LDC exit deferment
Star Business Report
2 June 2026, 17:44 PM Business
India, US close to signing first phase of trade deal: minister
AFP, New Delhi
2 June 2026, 14:05 PM Business
Factories face soaring costs as Iran war causes supply shocks
Reuters, London/Tokyo
2 June 2026, 00:00 AM Global Economy

US Fed's top banking regulator says he will step down early

Michael Barr, the Fed's vice chair for banking supervision, said in a statement that he would step down from his management role by February 28 at the latest
7 January 2025, 06:04 AM

Renata ships first batch of psychiatric disorder medicines to US

The tablet, Risperidone, is locally marketed as Sperid
6 January 2025, 14:26 PM

Import disruptions cripple Banglabandha land port operations

Protests by Indian truck operators over online slot-booking issues caused the disruption
6 January 2025, 11:52 AM

Helped by hybrids, US new car sales rose to 5-year high in 2024

US new-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories, higher incentives and surging demand for hybrid vehicles, automakers reported on Friday.
5 January 2025, 18:00 PM

Foxconn beats estimates with record fourth-quarter revenue on AI demand

Revenue for Apple's biggest iPhone assembler jumped 15.2 percent to T$2.13 trillion ($64.72 billion), Foxconn said in a statement on Sunday
5 January 2025, 09:04 AM

AI will become a Madison Avenue sensation in 2025

Even companies such as Netflix and Amazon, which until recently relied mainly on subscriptions, are getting in on the action
5 January 2025, 06:28 AM

China's central bank vows 'moderately loose' monetary policy

Beijing last year struggled to lift the economy out of a slump fuelled by a property market crisis, weak consumption and soaring government debt
5 January 2025, 06:21 AM

Microsoft expects to spend $80b on AI this fiscal year

Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year.
4 January 2025, 18:00 PM

Gold slips from three-week high

Gold prices retreated from a three-week high on Friday, pressured by a robust dollar, while markets braced for potential economic and trade shifts under US President-elect Donald Trump.
4 January 2025, 18:00 PM

Politicians will hinder central banks’ easing plan

In 2025, the global economy will be in a much better place than at any time since the outbreak of Covid-19. Growth will be solid, and inflation will finally abate.
4 January 2025, 18:00 PM

Container handling at private ICDs rose 16% in 2024

KDS Logistics managed to retain its top position among ICDs in handling export and import containers in 2024
4 January 2025, 13:55 PM

US regulator warned banks on crypto but did not order halt to business

A judge ordered the Federal Deposit Insurance Corporation to provide versions of supervisory "pause letters", it sent to unidentified banks after History Associates Incorporated, a research firm hired by crypto exchange Coinbase, sued the agency to release them
4 January 2025, 06:51 AM

US manufacturing contraction improved in December

The Institute for Supply Management's (ISM) manufacturing index was 49.3 percent last month, up 0.9 percentage points from November, it said in a statement.
4 January 2025, 06:12 AM

Asia stocks begin year on cautious note

Equities mostly had a bumper 2024 on the back of enthusiasm about artificial intelligence (AI), cuts in borrowing costs by central banks and Donald Trump's presidential election win.
2 January 2025, 05:43 AM

Asia's factories end 2024 on weak footing as Trump 2.0 risks mount

A series of manufacturing purchasing managers' indexes for December from across the region published on Thursday showed factory activity slowing in China and South Korea although there were some signs of a pickup in Taiwan and Southeast Asia.
2 January 2025, 05:37 AM

Eating out, air travel to turn costlier

From dining out and travelling by air to purchasing sweets and clothing, the small comforts in life are going to turn costlier for a hike in value added tax (VAT) on 43 goods and services.
1 January 2025, 18:00 PM

Manufacturing activity of China grows for 3rd month

China’s manufacturing activity expanded in December for the third month in a row, official data showed Tuesday, as leaders fight to reverse a slowdown in the world’s number two economy.
1 January 2025, 18:00 PM

Sri Lanka’s key consumer price index fell 1.7% in Dec

Sri Lanka’s consumer price index fell 1.7 percent year-on-year in December after dropping 2.1 percent in the previous month, the statistics department said on Tuesday.
1 January 2025, 18:00 PM

Bangladesh gets record $27 billion in remittance in 2024

Remittance inflow also broke single-month record in December
1 January 2025, 11:33 AM

Ample supply, slow demand to temper oil price gains in 2025: Reuters poll

The survey of 31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025, down from a forecast of $74.53 in November, marking an eighth straight downward revision.
1 January 2025, 07:07 AM