Hormuz blockade drives up costs at Panama Canal
AFP, Panama
23 April 2026, 00:00 AM Global Economy
US March retail sales surge past expectations on energy cost spike
AFP, Washington
22 April 2026, 16:46 PM Business
Oil, stocks fall as traders weigh outlook after Trump extends truce
AFP, Hong Kong
22 April 2026, 12:19 PM Business
Apple CEO’s best bet: channelling both Jobs and Cook
REUTERS, New York
22 April 2026, 00:00 AM Global Economy
India’s fertiliser output drops by a quarter amid war
AFP, New Delhi
22 April 2026, 00:00 AM Global Economy

Rouble weakens

The Russian rouble weakened in jittery Moscow trade on Monday, adjusting to the central bank’s decision to slash interest rates on Friday, and as a rouble-supportive tax-payment period reaches its peak.
25 July 2022, 18:00 PM

Wheat prices rise in global market

Wheat prices rose sharply on Monday as a missile strike on the Ukrainian port of Odesa over the weekend raised doubts about whether it will be possible to implement last week’s agreement to open a corridor for grain exports from the war-torn country.
25 July 2022, 18:00 PM

China plans $44b fund for distressed real estate

China will launch a real estate fund to help property developers resolve a crippling debt crisis, aiming for a warchest of up to 300 billion yuan ($44 billion) in a bid to restore confidence in the industry, according to a state bank official with direct knowledge of the matter.
25 July 2022, 18:00 PM

US recession not inevitable: Yellen

US Treasury Secretary Janet Yellen said on Sunday that US economic growth is slowing and she acknowledged the risk of a recession, but she said a downturn was not inevitable.
25 July 2022, 18:00 PM

Lower gold prices affect miner’s profit

Miner Newmont Corp on Monday reported a drop of about 41 per cent in second-quarter adjusted profit hurt by lower gold prices.
25 July 2022, 18:00 PM

US dollar strengthens further against taka

The central bank today depreciated the value of the taka by Tk 0.25 as the demand for the US dollar shows no sign of slowing down, said an official of the Bangladesh Bank.
25 July 2022, 17:07 PM

Exodus of Ukrainian workers hits Europe's emerging economies

Construction sites, factory assembly lines and warehouses across central Europe are scrambling to fill vacancies after tens of thousands of Ukrainian men left their blue-collar jobs to return home after Russia invaded their country.
25 July 2022, 14:10 PM

Wheat prices rise as missile strike threatens Ukraine export pact

Wheat prices rose sharply on Monday as a missile strike on the Ukrainian port of Odesa over the weekend raised doubts about whether it will be possible to implement last week's agreement to open a corridor for grain exports from the war-torn country.
25 July 2022, 13:53 PM

Iraq, Kurdistan choose ‘dialogue’ to ease oil dispute

The federal government in Baghdad and the autonomous Kurdish region pledged Saturday to  “increase dialogue” to ease a simmering oil dispute that has been playing out in the courts in recent months.
24 July 2022, 18:00 PM

China plans data strategy to avoid US delistings

China plans to sort US-listed Chinese companies based on the sensitivity of the data they hold in an attempt to stop US regulators from delisting hundreds of firms, the Financial Times said on Saturday.
24 July 2022, 18:00 PM

Brexit blamed as UK faces Channel port logjam

Unions, port officials and the French authorities blamed Brexit on Saturday as thousands of holidaymakers faced long delays trying to reach Europe via the English Channel port of Dover.
24 July 2022, 18:00 PM

Hyundai subsidiary has used child labour at US factory

A subsidiary of Hyundai Motor Co has used child labor at a plant that supplies parts for the Korean carmaker’s assembly line in nearby Montgomery, Alabama, according to area police, the family of three underage workers, and eight former and current employees of the factory.
24 July 2022, 18:00 PM

Canada may extend timeline for oil emission targets

Canada, the world’s fourth-largest oil producer, is considering pushing back its greenhouse gas reduction timeline for its oil industry, the environment minister told media Saturday.
24 July 2022, 18:00 PM

US gives nod to Russian default ins payouts

The US Treasury issued a special waiver on Friday to allow investors with insurance against a Russian default, known as Credit Default Swaps, to receive their payouts.
24 July 2022, 18:00 PM

Why is the world worried about China’s property crisis?

China’s troubled property sector suffered another blow this month when frustrated homebuyers stopped making mortgage payments on units in unfinished projects.
24 July 2022, 18:00 PM

Digital RMB application expanding in China

China has expanded its pilot areas for digital RMB or e-CNY in 15 provinces so far this year, the People’s Daily reported recently.
24 July 2022, 18:00 PM

Fed set for another big rate hike

US central bankers face an increasingly difficult balancing act as they struggle to douse scorching inflation while still keeping the economy growing, though they have made it clear they are willing to risk a recession.
24 July 2022, 18:00 PM

India has zero tolerance for rupee volatility

India’s central bank has zero tolerance for volatile and bumpy movements in the rupee and will continue to engage with the foreign exchange market to ensure the rupee finds its appropriate level, its chief Shaktikanta Das said on Friday.
24 July 2022, 18:00 PM

Implement Ukraine grain deal ‘swiftly’

The United States called Friday on Russia to let out Ukrainian grain quickly and voiced hope that a Turkish-brokered deal was well-structured enough to monitor compliance.
23 July 2022, 18:00 PM

Saudi Arabia to sign energy deals with Greece

Saudi Crown Prince Mohammed bin Salman will visit Greece on July 26 to meet Prime Minister Kyriakos Mitsotakis, the Greek foreign ministry said on Friday, in his first visit to an EU country since the 2018 killing of Saudi journalist Jamal Khashoggi.
23 July 2022, 18:00 PM