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Oil extends decline on rising Middle East supply
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Brent slides to $75.7
25 June 2026, 00:00 AM
Global Economy
Quickly implement textile clause of Bangladesh-US trade deal: BTMA
24 June 2026, 20:07 PM
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Exporters seek wider use of UK trade scheme
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Global physical crude markets mired in discounts as Middle East ramps up supply
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Oil extends slide on expectations of smoother crude flows via Hormuz
24 June 2026, 12:35 PM
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German airline orders 41 Airbus A320 jets
German charter airline Condor has ordered 41 A320 Airbus jets as it renews its fleet with aircraft using less fuel and emitting less carbon dioxide, the two companies said yesterday.
25 July 2022, 18:00 PM
France against uniform targets on gas use cuts
France is against setting uniform targets for the reduction of gas consumption in Europe amid a looming energy crisis, said French energy ministry officials.
25 July 2022, 18:00 PM
Oil price rises
Oil prices rose on Monday in seesaw trading as the market balanced supply fears with expectations that rise in US interest rates would weaken fuel demand.
25 July 2022, 18:00 PM
Germany on cusp of recession
German business morale fell more than expected in July, the Ifo business sentiment survey showed on Monday, as the institute that compiles it said high energy prices and looming gas shortages had left Europe’s largest economy on the cusp of recession.
25 July 2022, 18:00 PM
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 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