Musk eyes big India investment

Tesla chief executive Elon Musk said India’s Prime Minister Narendra Modi was pushing the car maker to make a  “significant investment” in the country, adding that such an announcement was expected soon.
21 June 2023, 18:00 PM

European businesses in China fight post-Covid blues

A faltering recovery, regulatory headaches and an increasingly politicised business climate are hammering European business confidence in China despite the country reopening its doors, according to a survey published on Wednesday.
21 June 2023, 18:00 PM

Forex reserves cross $30 billion

Thanks to higher inflow of remittances for Eid-ul-Azha
21 June 2023, 13:15 PM

CPD's Indo-Bangla strategic dialogue in Delhi from tomorrow

India's Ananta Aspen Centre are jointly organising the event with CPD
21 June 2023, 12:30 PM

BGMEA moves to utilise Jamdani for wider global presence

It gives special training to 160 students, weavers, Jamdani makers
21 June 2023, 11:46 AM

China’s youth confront bleak job market

Rather than celebrating finishing university, this summer Chinese graduates shared photos of themselves theatrically throwing their degrees into bins, underscoring the bleak outlook as youth unemployment sits at a record high.
20 June 2023, 18:00 PM

Qatar signs 27-year gas supply deal with China

Qatar announced a second 27-year supply deal with a Chinese company on Tuesday as it expands production from the world’s biggest natural gas field.
20 June 2023, 18:00 PM

Hyundai raises EV investment to $28b

Hyundai Motor will raise average annual investment in electrification by nearly two thirds to $28 billion in the next decade and further restructure its struggling China business as part of a broader strategy to boost electric vehicle (EV) sales.
20 June 2023, 18:00 PM

Foreigners biggest buyers of Asian bonds

Asian bonds attracted their highest monthly foreign inflows in about two years in May, boosted by hopes of less aggressive monetary tightening measures from the US Federal Reserve.
20 June 2023, 18:00 PM

Paris air show takes off with historic plane order

Airbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Airshow on Monday, as strong demand for jets and air defences vied for attention with the industry’s supply chain problems.
20 June 2023, 18:00 PM

China cuts interest rates to counter slowdown

China’s central bank on Tuesday cut two benchmark interest rates, following several similar measures in recent days in a bid to counter the post-Covid growth slowdown in the world’s second-largest economy.
20 June 2023, 18:00 PM

China imports of Russian oil highest since invasion

Chinese imports of Russian oil last month hit their highest level since Moscow’s February 2022 invasion of Ukraine, Beijing’s customs data showed Tuesday.
20 June 2023, 18:00 PM

Chinese firm to invest $9.5m in Mongla EPZ

Chinese company M/s Yuanshun Enterprise Co Ltd will invest $9.49 million to set up a packaging factory in Mongla Export Processing Zone.
20 June 2023, 18:00 PM

Avail more foreign fund for project financing: PM

Prime Minister Sheikh Hasina asked the authorities concerned at Ecnec meeting
20 June 2023, 11:53 AM

China growth forecast cut on property woes

Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds.
19 June 2023, 18:00 PM

Oil prices fall

Oil prices fell on Monday as questions over China’s economy outweighed Opec+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in the United States.
19 June 2023, 18:00 PM

Dubai chases long-term growth

Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to drive long-term growth, betting it can avoid past debt crises that dented its global ambitions.
19 June 2023, 18:00 PM

Bangladesh's exports retain duty benefit to UK

The UK's landmark Developing Countries Trading Scheme comes into effect today
19 June 2023, 15:29 PM

'Time to diversify export basket to UK'

FBCCI president says at event on Bangladesh-UK trade
19 June 2023, 14:45 PM

Japan sticks to ultra-loose monetary policy

The Bank of Japan said Friday it would maintain its long-standing, ultra-loose monetary policy as it looks to boost economic growth.
18 June 2023, 18:00 PM