China retail sales fell in May for first time since 2022
5 MIN(s) ago
Business
Oil falls as markets weigh return of supply, US-Iran peace deal
7 MIN(s) ago
Business
Sustainable plastic, packaging crucial for high-value exports
16 June 2026, 00:00 AM
Global Economy
Anthropic becomes a cautionary sovereign-AI fable
16 June 2026, 00:00 AM
Global Economy
SpaceX could bring $1tn in revenue by 2030: Musk
16 June 2026, 00:00 AM
Global Economy
Oil price hits 3-month low as US, Iran reach peace deal
16 June 2026, 00:00 AM
Global Economy
Dollar hovers around 10-day low
16 June 2026, 00:00 AM
Global Economy
Gold extends gains
16 June 2026, 00:00 AM
Global Economy
Gold extends gains after US, Iran reach peace deal
15 June 2026, 13:39 PM
Business
Dollar hits 10-day low as US, Iran reach peace deal
15 June 2026, 10:09 AM
Global Economy
Private ICDs overwhelmed with export containers
Until June 15, some 15,553 TEUs of export containers were lying at the 21 ICDs, much higher from 8,000 on any regular day
15 June 2024, 14:22 PM
Forex reserves to get $2b boost
Bangladesh’s foreign currency reserves are set to receive as high as $2 billion this month, which may send the total to nearly $21 billion, handing a much-needed relief to the US dollar supply.
14 June 2024, 01:10 AM
Why are Chinese electric cars in EU crosshairs?
The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month after an anti-subsidy probe.
13 June 2024, 18:00 PM
Germany warns of trade war over EU’s China EV tariffs
The EU’s threat to hit Chinese electric cars with additional tariffs following an anti-subsidy probe risks a “trade war”, Germany said Wednesday, as the country’s auto giants warned the move would backfire.
13 June 2024, 18:00 PM
IMF releases Sri Lanka loan despite restructure delays
The International Monetary Fund released $336 million as part of a bailout loan instalment for Sri Lanka despite delays in the crucial restructuring of its foreign debt, including to China, the Washington-based lender said Wednesday.
13 June 2024, 18:00 PM
EU to impose tariffs of up to 38% on Chinese EVs
The European Commission notified car makers on Wednesday that it would apply additional duties of up to 38.1 percent on imported Chinese electric vehicles from next month, a move likely to draw possible retaliation from China.
12 June 2024, 18:00 PM
Oil and gas industry hops on generative AI bandwagon
Away from the Microsoft and Googles of the world, a century-old industry -- oil and gas -- is hoping that generative artificial intelligence will make producing petroleum more efficient and easier on its workforce.
12 June 2024, 18:00 PM
Trade via Akhaura land port to remain suspended for 4 days from June 16
Export, import through Akhaura will resume on June 20
12 June 2024, 11:03 AM
Bangladesh economy to grow 5.7% in FY25: WB
The World Bank's prediction is much lower than govt projection of 6.75%
11 June 2024, 15:00 PM
Price cuts will lift US vibes only so much
Since 2019, the 25 percent of American workers with the lowest wages have been paid 5.4 percent more a year on average, compared with 3.8 percent raises for the country’s top 25 percent of earners
11 June 2024, 14:39 PM
China's discount wars risk cementing frugal consumer mindset
An aggressive market grab by low-cost Chinese retailers has delivered bumper earnings for some firms but has also intensified a bruising price war, exacerbating deflationary fears in the world's second-largest economy
11 June 2024, 14:35 PM
Travel restriction on bankers relaxed
However, MDs have to take prior approval of the banking watchdog
11 June 2024, 14:21 PM
ADB extends $250 million loan to strengthen social protection
The ‘Second Strengthening Social Resilience Program’ will help improve financial inclusion of disadvantaged people
10 June 2024, 14:42 PM
How US is daring the world to find a dollar alternative
The United States is merrily chipping away at the pillars that hold up the dollar as the world's reserve currency, with the latest blows coming from some powerful Americans questioning the rule of law following the conviction of Donald Trump
10 June 2024, 13:46 PM
European nations compete for Chinese EV factories, jobs even as EU weighs tariffs
European governments may be wary of budget Chinese electric vehicles flooding their markets but they're also fiercely competing for a share of the manufacturing investment and jobs the new competitors bring.
10 June 2024, 13:35 PM
New office hour for bankers after Eid
Office hour 10am to 6pm, transaction hour 10am to 4pm
9 June 2024, 15:13 PM
Nothing mentioned in budget to stop gold smuggling: Bajus
The baggage rule should be amended to stop gold smuggling, the association said in budget reaction
9 June 2024, 12:36 PM
Five reasons financial disasters are hard to avoid
If we understand the causes of financial crises and how to prevent them, why do they keep happening?
9 June 2024, 11:11 AM
BYD says to build second EU factory despite EV slowdown
Chinese electric vehicle giant BYD is still committed to building a second factory in Europe and will roll out hybrid cars as the EV market slows down, a group executive told AFP
8 June 2024, 14:56 PM
Banks say growing reliance on Big Tech for AI carries new risks
The boom in artificial intelligence will increase banks' dependence on big US tech firms, creating new risks for the industry, European banking executives said
8 June 2024, 14:53 PM