Malaysia's palm oil stocks hit 4-month low in July as exports surge

The fall in stocks in Malaysia, the world's second-largest palm oil producer after Indonesia, would support benchmark futures <FCPOc3>, which are trading near their lowest level in seven months.
12 August 2024, 08:49 AM

Billions in dollar and euro notes reach Russia despite sanctions

China's yuan has overtaken the greenback to become the most traded foreign currency in Moscow, although significant payment problems persist.
12 August 2024, 08:46 AM
11 August 2024, 14:13 PM

Hindenburg alleges India market regulator chief held stake in offshore funds used by Adani Group

Adani Group has previously denied these allegations, and an email query sent to Adani Group was not immediately answered.
11 August 2024, 03:59 AM

China launches appeal at WTO over EU electric vehicle tariffs

Beijing said Friday it had filed an appeal with the World Trade Organization over the European Union’s imposition of additional tariffs on imports of electric vehicles from China.
10 August 2024, 18:00 PM

Bangladesh economy records sharp contraction in July

Bangladesh’s PMI hit 36.9 where a reading of 50 indicates 'no change' compared to last month and above 50 means economy is generally ‘expanding’
8 August 2024, 13:48 PM

US tops China as Germany's biggest trading partner

German imports and exports to the world's largest economy totalled around 127 billion euros ($139 billion) from January to June, while for China the figure was 122 billion euros, according to Reuters' calculations based on the data
8 August 2024, 07:37 AM

India calls for trade deal among Bimstec nations

India yesterday urged members of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) to consider forming a preferential trade agreement among themselves to foster intra-regional trade and investment while also enhancing regional competitiveness.
7 August 2024, 18:00 PM

MCCI expresses concern over worsening law and order situation

The leading chamber says it will welcome the interim government
7 August 2024, 10:34 AM

Businesses demand immediate restoration of law and order

The International Chamber of Commerce, Bangladesh wants safety of production units
7 August 2024, 07:36 AM

American Apparel & Footwear Association wants quick restoration of normalcy in Bangladesh

The AAFA is the American trade association representing apparel, footwear and other sewn products companies, and their suppliers
6 August 2024, 12:32 PM

Garment factories not reopening tomorrow

The BGMEA took the decision today in an emergency meeting
5 August 2024, 15:42 PM

BGMEA to sit at 7.30pm to decide on factory reopening

The executive committee members of the trade body will took part in the meeting
5 August 2024, 12:50 PM

Trade through Ctg port got disrupted for second day

1,175 TEUs of containers were released from the port today, down from the regular 8,000 TEUs
5 August 2024, 12:10 PM
4 August 2024, 08:57 AM

US keeps Vietnam as non-market economy

The US Commerce Department announced on Friday it will continue to classify Vietnam as a non-market economy country, a decision disappointing to Hanoi, which the US has been wooing in its efforts to push back against China.
3 August 2024, 18:00 PM

China’s stuttering recovery darkens global corporate growth outlook

Global burger chains to car manufacturers are increasingly feeling the pinch from a faltering recovery in the world’s No. 2 economy, China, and are strapping in for a bumpy ride ahead.
3 August 2024, 18:00 PM

Kamalapur ICD-bound container congestion hits Ctg port

The port yard now has 2,346 TEUs of containers, up from its capacity to store 876 TEUs
3 August 2024, 13:16 PM

Economic possibilities for my grandchildren

Geopolitical tensions are on the rise, and the world economy is facing its weakest medium-term prospects in decades
3 August 2024, 11:34 AM

In world first, EU’s sweeping AI law enters into force

The European Union’s landmark law on artificial intelligence came into force on Thursday, which Brussels vows will drive innovation while protecting citizens’ rights.
1 August 2024, 18:00 PM