Apple on Friday sued OpenAI, accusing the artificial intelligence company of orchestrating a campaign to steal the iPhone maker’s trade secrets as it tries to develop its own consumer hardware device.

Bangladesh has emerged from successive economic shocks with remarkable resilience and is now well placed to benefit from a gradual recovery in global demand, according to HSBC Chief Asia Economist Frederic Neumann.

South Korean chip giant SK Hynix soared 13 percent on its first day of trading on Wall Street on Friday, capping one of the world’s biggest ever stock sales as it takes advantage of the AI boom.

The International Energy Agency said Friday that “a recovery” in global oil demand had started as supplies tentatively start moving through the strategic Strait of Hormuz again and prices ease.

Bangladesh could see its trade with the European Union (EU) expand significantly over the next three to four years, but the country may not be fully prepared to capitalise on the opportunity, warned MA Razzaque, chairman of the Research and Policy Integration for Development (RAPID)

A fact-finding mission led by the IMF's mission chief for Bangladesh's loan programme will begin tomorrow

Job vacancies have been "flat," the report noted, layoffs have been similarly "subdued"

Brent futures settled at $76.01 a barrel, down 29 cents, or 0.38 percent

Apple alleges coordinated effort to steal designs and manufacturing processes

Oil prices were little changed on Thursday as markets assessed the impact of fresh US strikes on Iran.

South Korean chipmaker SK Hynix will begin trading on Wall Street this Friday, after what could be one of the world’s biggest share sales as the firm takes advantage of the global AI boom.

Today, the ADB published the Asian Development Outlook (ADO) July 2025

Equity markets mostly rose as tech firms saw a touch of bargain-buying

The AI boom has helped drive investments in intangible assets such as software, data and research to a record high in 2025, the United Nations’ patent and innovation agency said Wednesday.

The US dollar was steady at around its highest level in roughly a week on Wednesday.

The IMF on Wednesday cut its 2026 growth projection for the world economy again, saying an AI boom has not fully offset the fallout from war in the Middle East.

Oil prices jumped more than 5 percent on Wednesday, hitting a two-week high after US President Donald Trump said the memorandum of understanding to end the conflict with Iran was “over”, renewing fears of disruptions to Middle East oil supplies.

Bangladesh has a strict anti-money laundering framework, but implementation remains uneven across the banking sector, according to a paper presented yesterday.

Price pressures are expected to moderate due to the drop in energy prices following the signing of a preliminary US-Iran peace deal

The greenback firmed 0.1 percent to 162.33 yen