Oil ticks up on lingering worries about supply disruptions

Oil edged higher on Wednesday as investors grappled with the prospect of supply disruptions due to the Middle East turmoil.
11 October 2023, 09:49 AM

Dollar stalls as Fed tone dials down rate expectations

The dollar was steady on Tuesday and below recent highs as comments by Federal Reserve officials dampened rate hike expectations, although investors kept an eye on the conflict between Israel and the Palestinian Islamist group Hamas
10 October 2023, 21:16 PM

Germany to suffer deeper recession: IMF

Germany will suffer a deeper recession than previously thought, the International Monetary Fund said Tuesday, predicting that Europe's traditional growth engine will be the worst performing major economy in 2023
10 October 2023, 21:00 PM

Oil dips on investor caution as market eyes Middle East turmoil

Oil prices eased on Tuesday after rallying more than 4 percent in the previous session, with traders cautious as they watched for potential supply disruptions amid military clashes between Israel and the Palestinian Islamist group Hamas.
10 October 2023, 06:57 AM

Leather footwear, goods’ show to begin in Dhaka on Oct 12

The Bangladesh Leather Footwear and Leather goods International Sourcing Show (BLLISS) will be of three days
9 October 2023, 12:55 PM

India's Bihar seeks Bangladeshi investment in garments

Top Bihar govt officials visit BGMEA office
9 October 2023, 12:16 PM
9 October 2023, 11:03 AM

Citigroup to sell China consumer wealth business to HSBC

The deal covers total deposits and investment AUMs of about $3.6 billion
9 October 2023, 09:54 AM

Oil soars as Hamas attack on Israel sparks war

Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East and raised concerns about supplies
9 October 2023, 06:18 AM
8 October 2023, 11:58 AM

Oil prices rise, but post biggest weekly decline since March

Oil prices rose on Friday but remained posted their steepest weekly losses since March, after another partial lifting of Russia's fuel export ban compounded demand fears due to macroeconomic headwinds.
8 October 2023, 06:21 AM

US job growth sizzles; wage inflation cooling

US employment increased by the most in eight months in September as hiring rose broadly, pointing to persistent labor market strength that could give the Federal Reserve ammunition to raise interest rates again, though wage growth is slowing.
7 October 2023, 20:22 PM

‘Illicit financial flows must stop’

Mostafa Kamal, chairman and managing director of Meghna Group of Industries, says in an interview
7 October 2023, 14:13 PM

US-China tech war: RISC-V chip technology emerges as new battleground

In a new front in the US-China tech war, President Joe Biden's administration is facing pressure from some lawmakers to restrict American companies from working on a freely available chip technology widely used in China - a move that could upend how the global technology industry collaborates across borders.
7 October 2023, 07:48 AM

Putin orders regulated prices for fuel oil, Russia's export ban stays

Russian President Vladimir Putin has ordered the government to provide state funds to ensure a smooth heating season, including the introduction of regulated prices for fuel oil supplied for household heating in some regions, the Kremlin said on Thursday.
5 October 2023, 21:04 PM

Dollar rallies

Surging US real yields are aiding the dollar's rebound, rewarding bullish investors while making bears think twice before betting against the buck.
5 October 2023, 19:59 PM

Europe could become energy self-sufficient in $2tr push: study

Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2 trillion euros ($2.1 trillion) on solar, wind and other regenerative sources by 2040, according to a new study.
5 October 2023, 19:30 PM

Oil up after OPEC+ maintains output cuts but shaky demand caps gains

Oil prices inched up on Thursday, clawing back some of the previous session's big losses after an OPEC+ panel maintained oil output cuts to keep supply tight, though an uncertain demand outlook capped gains.
5 October 2023, 07:03 AM

Developing countries facing a debt crunch

High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in debt crises.
4 October 2023, 21:00 PM

US jobseekers face tougher search

For the past year, Taylor Simpson has been searching for a stable job while working part-time, but she is struggling to find a position she likes even though companies are hiring.
4 October 2023, 18:59 PM