Dollar steadies
3 hour(s) ago
Global Economy
UK economy shrinks in April
3 hour(s) ago
Global Economy
Tired of chaos, investors retreat from oil market at record pace
3 hour(s) ago
Global Economy
Syed Mohammad Kamal, new president of AmCham
8 hour(s) ago
Business
Lost Gulf oil exports far smaller than thought, traders and shippers say
14 June 2026, 14:15 PM
Business
Analysis / Gold's record rally falters as bulls run into Fed rate expectations, stronger dollar
14 June 2026, 12:46 PM
Business
How EU can respond to second ‘China Shock’
14 June 2026, 00:00 AM
Global Economy
World’s first gig economy treaty adopted at ILO
14 June 2026, 00:00 AM
Global Economy
Oil prices fall to lowest since March
14 June 2026, 00:00 AM
Global Economy
Reform-oriented budget to strengthen economy: BGMEA
13 June 2026, 21:41 PM
Business
HSBC cost cuts expose new CEO’s bigger problem
There’s always a case to be made for cost cuts at HSBC. The $160 billion lender employed 214,000 people in June and arguably suffers from duplication across its different bits. Still, new CEO Georges Elhedery has a much bigger job than finding the modest savings that he is reported to be eyeing. Growth is the bank’s key challenge.
13 October 2024, 18:00 PM
China’s car sales snap five-month decline on subsidy boost
China’s passenger vehicle sales rose 4.3 percent in September from a year earlier, snapping five months of decline with a boost from a government subsidy to encourage trade-ins as part of a broader stimulus package.
13 October 2024, 18:00 PM
Vietnam, China sign 10 deals on economic cooperation
Vietnam and China signed 10 agreements on Sunday, including on expanding cross-border railway links, payments and economic cooperation.
13 October 2024, 18:00 PM
Vietnam, China to expand rail links, cross-border payments
The two sides also signed a memorandum of understanding (MoU) on the implementation of cross-border payment services via QR codes and an agreement to study a model for an "economic cooperation zone" across their border
13 October 2024, 08:52 AM
Amazon wants to be everything to everyone
Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network
13 October 2024, 06:31 AM
China consumer prices rise at slower rate in September
The consumer price index (CPI), a key measure of inflation, rose 0.4 percent year-on-year in September, down from the 0.6 percent recorded in August, the National Bureau of Statistics (NBS) said
13 October 2024, 05:58 AM
US firms brace for more tariffs as election approaches
US tariffs weigh on many industries. The American Apparel & Footwear Association (AAFA) estimates retail prices have risen five percent to 10 percent annually since 2020
13 October 2024, 04:56 AM
Tariffs, tax cuts, energy: What is in Trump's economic plan?
Ahead of November's election, economists warn his policies could raise consumer prices and shake up global trade -- with unclear benefits to US production
13 October 2024, 04:47 AM
Oil settles down
Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such as possible supply disruptions in the Middle East and Hurricane Milton’s impact on fuel demand in Florida.
12 October 2024, 18:00 PM
Boeing to cut 10% of workforce as it sees big Q3 loss
Boeing announced that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss amid a machinist strike in the Seattle region.
12 October 2024, 18:00 PM
US consumer inflation eases to 2.4% in September
US consumer inflation cooled last month -- though slightly less than expected -- according to government data published Thursday, providing further evidence that price pressures are easing ahead of November’s presidential election.
12 October 2024, 18:00 PM
EU chief says China must ‘adapt its behaviour’ to solve trade row
China must “adapt its behaviour” to solve an escalating tariff row with Europe, EU chief Charles Michel told AFP Friday, warning of the dangers of the dispute escalating into a full-blown trade war.
12 October 2024, 18:00 PM
Russian inflation slows in Sept but still elevated
Inflation ticked lower in Russia in September but was still more than double the central bank’s target, as huge spending on the Ukraine conflict kept upward pressure on prices, official data showed Friday.
12 October 2024, 18:00 PM
IMF approves changes to cut borrowing costs by 36%
The IMF approved reforms on Friday that will lower members’ borrowing costs by 36 percent and lift eight indebted countries out of the requirement to pay more to borrow money.
12 October 2024, 18:00 PM
China tees up fresh spending to boost ailing economy
China said Saturday it would issue special bonds to help its sputtering economy, signalling a spending spree to bolster banks, shore up the property market and ease local government debt as part of one of its biggest support packages in years.
12 October 2024, 18:00 PM
India’s 100 richest tycoons surpass $1tn milestone
The collective wealth of India’s 100 richest tycoons surpassed the trillion dollar milestone for the first time as more than 80 per cent of the country’s richest tycoons are now wealthier than they were a year ago, a Forbes report showed on Thursday.
12 October 2024, 18:00 PM
Russia sets price floor for wheat at int’l tenders
Russia’s agriculture ministry asked exporters at a closed-door meeting on Friday not to sell wheat by tender to international buyers below a minimum price, two sources with direct knowledge of the matter told Reuters.
12 October 2024, 18:00 PM
UK economy returns to growth in August after two months of stagnation
Economic output rose by 0.2 percent in monthly terms in August, according to figures from the Office for National Statistics that were in line with expectations in a Reuters poll of economists
12 October 2024, 10:13 AM
Russia sets price floor for wheat at international tenders, sources say
Russia's Grain Exporters Union said in a statement after the meeting the ministry also told exporters to engage in direct deals with buyers without third parties, as well as not to provide Russian grain to foreign firms that won international tenders below the new price floor
12 October 2024, 07:55 AM
Working from home is powering productivity
Working from home (WFH) increased about tenfold following the outbreak of the pandemic and has settled in at about five times its prepandemic level
12 October 2024, 05:46 AM