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

Jewellers cut gold prices again

A bhori will cost Tk 97,044 from tomorrow
4 October 2023, 15:10 PM

World Bank to give $500 million budget support

WB country director shared the information in a meeting with Planning Minister MA Mannan
4 October 2023, 14:42 PM

‘Bangladesh should reform labour laws for EU’s GSP Plus regime’

EU Ambassador Charles Whiteley says at DCCI, EU seminar
4 October 2023, 12:10 PM

Dollar surges

The euro, pound and yen all traded at multi-month lows on Tuesday, with the Japanese currency on the brink of weakening past the psychological 150 per dollar level, as surging US Treasury yields kept the dollar firmly on the front foot.
3 October 2023, 23:38 PM

UK shop price inflation at lowest in a year

Prices in British store chains rose at the slowest pace in a year in September, according to industry data that adds to signs that the UK's high inflation rate is set to extend its recent fall.
3 October 2023, 22:53 PM

Rouble recovers

The Russian rouble weakened past the symbolic threshold of 100 to the dollar before recovering slightly in early trade on Tuesday, weighed down by foreign currency outflows and the country's shrinking current account surplus.
3 October 2023, 22:38 PM

Etihad to stop flights to and from Dhaka

Funds blocked in Bangladesh might be the reason, insiders say
3 October 2023, 16:10 PM

Policy support sought to weather economic challenges: BGMEA

BGMEA delegation meets finance secretary
3 October 2023, 13:30 PM
3 October 2023, 12:56 PM

US warned China to expect updated export curbs in October - US official

The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China as soon as early October, a US official said, a policy decision aimed at stabilizing relations between the superpowers.
3 October 2023, 08:13 AM

Eurozone's factory activity stuck in downturn

Euro zone manufacturing activity remained mired in a deep and broad-based downturn last month, according to a survey which showed on Monday that demand kept shrinking at a pace rarely surpassed since the data was first collected in 1997.
2 October 2023, 23:07 PM

How China-West tensions will shape global markets

Tensions between the West and China are rising, from tit-for-tat trade tariffs to tech rivalry and spying allegations.
2 October 2023, 07:56 AM

Oil prices climb as risk appetite grows, focus returns to supply outlook

Oil prices edged up on Monday, recouping some of the losses suffered at the end of last week, as investors focused on a tight global supply outlook while a last-minute deal that avoided a US government shutdown restored risk appetite.
2 October 2023, 06:08 AM

German states push for ban on solar imports

Two German regional governments on Friday urged the European Union and Berlin to protect the German solar industry from cheaper imported panels, demanding a ban on imports of modules that do not meet the bloc's climate and labour standards.
2 October 2023, 00:33 AM

Key US inflation measure ticks up

The key US inflation measure used by the Federal Reserve to set interest rates ticked up again in August, fueled by rising energy prices, according to government data published Friday.
1 October 2023, 18:00 PM

Eurozone inflation falls to two-year low

Eurozone inflation fell to an almost two-year low in September, official data showed Friday, raising hopes that the European Central Bank will end its rate-hiking cycle.
1 October 2023, 18:00 PM

China new home prices tick up

China’s new home prices rose slightly in September, breaking a four-month decline, data showed on Sunday, as developers sped up launches to take advantage of a recent slew of support measures.
1 October 2023, 18:00 PM

Default loans reach record Tk 1.56 lakh crore

The bad loans rose by Tk 24,419 crore in the last three months to June
1 October 2023, 14:20 PM