Home prices in India are set to hold above consumer inflation, even though interest rates are expected to stay higher for longer than previously thought, a Reuters poll of property analysts found.

There are some signs of de-dollarisation emerging right now, but the dollar should retain its “large footprint” for the foreseeable future, JPMorgan currency strategists said in a note on Monday.

German exports bounced back in April after falling a month earlier, official data showed Monday, but analysts said it was too soon to see a recovery in Europe’s recession-hit largest economy.

Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating US default, but does little to slow a massive buildup of total federal debt now on pace to exceed $50 trillion in a decade.

The gold ornament makers' body placed budget reaction

Dollar General, the ultra-low-cost retailer with 19,000 stores reaching 75 per cent of the US population, has never been a comfortable reflection of the American consumer. It’s getting even worse.

China has developed at least 79 large-scale artificial intelligence models with over 1 billion parameters each, a research institute said in a rare public statement, amid the worldwide buzz created by OpenAI’s artificial intelligence chat bot ChatGPT.

Experts say at a seminar

Hiring in the United States heated up again in May, according to government data released Friday, with the strong labor market defying expectations of a slowdown amid efforts to cool the world’s biggest economy.

India’s foreign exchange reserves fell for a second consecutive week and stood at a one-month low of $589.14 billion as of May 26, the Reserve Bank of India’s (RBI) data showed on Friday.

China’s yuan has skidded to six-month lows against the dollar and analysts say it could weaken further as investors fret over a bumpy pandemic recovery in the world’s second-largest economy.

Opec and its allies begin two days of meetings on Saturday which may culminate in further production cuts of as much as 1 million barrels per day, Opec+ sources told Reuters, as the organisation faces flagging oil prices and a looming supply glut.

It declines to $589.14 billion as of May 26

The US Senate voted in favor of a bipartisan deal to suspend the government's $31.4 trillion (€29.4 trillion) debt ceiling on Thursday..The Senate approved the bill with a vote of 63-36 in a race against time after months of partisan disagreements between Democrats and Republicans. .

They discussed RMG sector's future development

Exporters, remittance recipients will get Tk 107 for $1

They are Brac Bank, City, Dutch-Bangla, Eastern, NCC, Premier and Mercantile

BTCCI president meets Thai envoy to Bangladesh

The last great hope for China’s faltering post-pandemic rally is fading as the nation’s legion of small-time investors turns bearish on equities to double down instead on safer assets amid a stuttering economic recovery.

The Indian rupee inched lower on Tuesday, tracking the Chinese yuan-led decline on most Asian currencies, although losses were capped by portfolio inflows.