AI’s 2026 dark horse will be open-standard chips
17 December 2025, 18:00 PM
Business
Global coal demand expected to hit record in 2025: IEA
17 December 2025, 18:00 PM
Business
Bangladesh Bank buys another $67m from 7 banks
17 December 2025, 13:35 PM
Business
US unemployment rises further, hovering at highest since 2021
17 December 2025, 07:35 AM
Business
Bank of Japan expected to hike rates to 30-year high
16 December 2025, 18:00 PM
Business
Global coal exports post rare decline in 2025 on China cuts
16 December 2025, 17:46 PM
Business
Will OpenAI be the next tech giant or next Netscape?
16 December 2025, 17:45 PM
Business
Gold edges down as investors turn cautious
16 December 2025, 07:14 AM
Business
Wild currency swings put emerging markets in the spotlight
15 December 2025, 18:03 PM
Business
Gold rises on softer dollar, yields as markets eye US jobs data
15 December 2025, 07:15 AM
Business
As Nike struggles, Adidas must surf Samba wave with caution
In a bid to attract shoppers who want to buy into the trend but still want to feel unique, Adidas has kept churning out new colourways for the Samba, Gazelle and Spezial, with some models featuring tongues like football boots, and contrast stripes in new materials like velvet.
8 October 2024, 05:28 AM
Gold price slips
Gold prices slipped on Friday after a stronger-than-expected US jobs report poured cold water on expectations for an aggressive rate cut from the Federal Reserve next month, boosting the dollar.
6 October 2024, 18:00 PM
Dollar jumps to seven-week high
The dollar jumped to a seven-week high on Friday and was on track to post its best week since September 2022 after a surprisingly strong jobs report for September led traders to cut bets that the Federal Reserve will make further 50-basis-point rate cuts.
6 October 2024, 18:00 PM
EV tariffs are only the first step in EU-China trade war
The European Union has got its electric vehicle tariffs through. On Friday, member states voted for levies on battery cars imported from the Middle Kingdom.
6 October 2024, 18:00 PM
Sri Lanka approves controversial foreign debt deal
Sri Lanka’s new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said Saturday.
5 October 2024, 18:00 PM
Oil extends rally after Iran attack
Oil prices extended a rally Wednesday after Iran’s missile attack on Israel fanned fears of a Middle East-wide conflict, while the Hong Kong market ploughed on with its China-fuelled surge as developers saw eye-watering gains.
2 October 2024, 18:00 PM
Eurozone inflation falls under 2% for first time since 2021
The eurozone’s annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank’s two-percent target and fuelling expectations of a rate cut.
2 October 2024, 18:00 PM
Factory activity around the world slows
Global factory activity weakened in September as soft demand and economic uncertainty pointed to a tough outlook, surveys showed, keeping policymakers under pressure to shore up fragile growth.
1 October 2024, 18:00 PM
Sri Lanka sees first deflation in 29 years
Cash-strapped Sri Lanka’s economy recorded falling consumer prices for the first time in 29 years, official data showed Monday, with the September inflation figure dipping to negative 0.5 percent.
1 October 2024, 18:00 PM
Global rice prices drop after India allows white rice exports
Global rice prices fell on Monday after India, the world’s No.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said.
1 October 2024, 18:00 PM
Cuts, cash, credit: China bids to jumpstart flagging economy
China this week unveiled a bundle of new measures aimed at kickstarting its economy, battered by unprecedented headwinds including a property sector crisis and sluggish spending.
28 September 2024, 18:00 PM
ADB says AI investments to drive developing Asia growth
It kept its 2025 forecast unchanged at 4.9 percent.
25 September 2024, 04:13 AM
India's basmati rice exports seen surging after floor price removed
The world's biggest rice exporter earlier this month removed a floor price of $950 a metric ton for basmati rice, weeks ahead of the arrival of the new season crop.
24 September 2024, 09:51 AM
China unveils broad stimulus measures to revive sputtering economy
The broader-than-expected package marks the latest attempt by Chinese officials to restore confidence in the world's second-largest economy after a slew of disappointing data in recent months.
24 September 2024, 03:58 AM
Gold breaks $2,600 barrier
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further US interest rate cuts, and rising tensions in the Middle East.
21 September 2024, 18:00 PM
Rate cut could lift US consumer spirits before elections
The US Federal Reserve’s decision to cut interest rates by half a percentage point gives consumers a much-needed psychological boost ahead of November’s presidential election.
21 September 2024, 18:00 PM
After jumbo Fed rate cut, market hopes ride on US soft landing
One of the most consequential Federal Reserve meetings in recent history has put investors’ focus squarely on one question: whether the central bank has kicked off its rate cutting cycle in time to keep the economy from slowing too rapidly.
19 September 2024, 05:52 AM
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The move marks a significant pivot in US monetary policy and a recognition of the Fed's growing comfort with inflation continuing to ease to its target. It is currently about half a percentage point above it.
19 September 2024, 04:45 AM
ECB to deliver fresh rate cut as inflation cools
The European Central Bank is expected to cut interest rates again this week as inflation drifts back down towards its two-percent target, but policymakers will likely stay tight-lipped on future moves
9 September 2024, 05:12 AM
China seeking WTO talks with Canada over EV, steel tariffs
China’s commerce ministry said on Friday Beijing had referred Canada to the World Trade Organization (WTO) over Ottawa’s new restrictions on imports of Chinese electric vehicles, steel and aluminium.
7 September 2024, 18:00 PM