Oil prices rise further
AFP, Hong Kong
8 hour(s) ago Global Economy
UAE exit from Opec to boost supply, lower oil prices
REUTERS, Moscow
8 hour(s) ago Global Economy
Airbus profits slide as deliveries drop
AFP, Paris
8 hour(s) ago Global Economy
Weak policies, low trust hurt investment outlook: analysts
Star Business Report
11 hour(s) ago Business
Lending rates to be brought down to a tolerable level: Commerce minister
Star Business Report
29 April 2026, 18:21 PM Business
Stocks swing, oil edges up with Iran war peace talks stalled
AFP, Hong Kong
29 April 2026, 13:04 PM Business
Gold loses lustre on Middle East war
AFP, London
29 April 2026, 13:02 PM Business
Budget airlines first to cut flights as jet fuel prices soar
AFP, Paris
29 April 2026, 00:00 AM Global Economy
Oil prices rise 3%
REUTERS, London
29 April 2026, 00:00 AM Global Economy

Vietnam car company Vingroup starts work on $174m EV battery plant

Vietnam’s biggest conglomerate Vingroup said on Sunday it had started building a $174 million battery cell plant for its VinFast electric vehicles business so the company can own its battery supply chain.
12 December 2021, 18:00 PM

Illegal but essential, migrants recycle Istanbul’s waste

Shrouded by acrid smoke, a young Afghan crouches sorting waste he has pulled from the trash bins of Istanbul, anxious that Turkey will soon strip him of even this subsistence.
12 December 2021, 18:00 PM

Malaysia’s palm oil producers adjust to labour shortages

Malaysia’s palm oil producers are racing to adjust to an acute shortage of workers due to the coronavirus and sharply higher costs of recruitment as they make changes in response to accusations of forced labour.
12 December 2021, 18:00 PM

Biden orders US to stop financing new carbon-intense projects abroad

The Biden administration has ordered US government agencies to immediately stop financing new carbon-intensive fossil fuel projects overseas and prioritize global collaborations to deploy clean energy technology, according to US diplomatic cables.
12 December 2021, 18:00 PM

Shipping costs: another danger for inflation-watchers to navigate

Much like the coronavirus pandemic, and the economic disruption that it has caused, a global shipping crisis looks set to go on delaying goods traffic and fuelling inflation well into 2023.
12 December 2021, 18:00 PM

IMF, 10 countries simulate cyberattack on global financial system

Israel on Thursday led a 10-country simulation of a major cyberattack on the global financial system in an attempt to increase cooperation that could help to minimise any potential damage to financial markets and banks.
12 December 2021, 18:00 PM

Malaysia charges Dyson supplier ATA with labour law violations

Malaysia has charged Dyson supplier ATA IMS with four violations of labour law on accommodation for workers as it investigates complaints of forced labour, authorities said on Saturday.
12 December 2021, 18:00 PM

Dubai welcomes 4.88m visitors in Jan-Oct

Dubai welcomed 4.88 million visitors in the period January- October 2021, its Department of Economy and Tourism (DET) said on Saturday, adding that international visitors in the month of October alone had exceeded one million.
11 December 2021, 18:00 PM

Shell shareholders back plan to switch headquarters to UK

Shell shareholders on Friday overwhelmingly backed plans to switch the oil giant’s headquarters from the Netherlands to Britain after a century and drop Royal Dutch from the name.
11 December 2021, 18:00 PM

Drugmakers aim big price hikes at US patients

Drugmakers have targeted the U.S. market to earn outsized profits from old medicines, according to a report released on Friday by the House Oversight Committee that highlighted Eli Lilly and Co, Novo Nordisk and Sanofi, which dominate the market for insulin.
11 December 2021, 18:00 PM

Europe’s car industry too reliant on other regions: Bosch chair

Europe’s automotive sector has become too reliant on Asia and other regions for vital components such as semiconductors and battery cells, Bosch’s outgoing chairman told a German newspaper.
11 December 2021, 18:00 PM

Fed experiment offers historic bet on a soft landing from high prices

The US Federal Reserve’s experiment with running a “hot” economy has edged into historically uncharted territory, with an unemployment rate never reached without associated central bank rate increases and now levels of inflation that in the past also prompted a policy response.
11 December 2021, 18:00 PM

Spain to cut taxes for digital nomads

The Spanish government adopted Friday measures to attract so-called digital nomads -- remote tech workers who can do their job from anywhere with a good internet connection.
11 December 2021, 18:00 PM

US inflation surges to near 40-year high, testing Biden

US consumer prices rose last month at a rate not seen in nearly 40 years, the government reported Friday, underscoring how inflation threatens the world’s largest economy and President Joe Biden’s public support.
11 December 2021, 18:00 PM

FDI imperative for Bangladesh: gains and strategic options

Over the past five decades, Bangladesh managed to transition to an increasingly manufacturing-based and service-oriented economy and fared well in social indicators. It has registered average gross domestic product (GDP) growth rates of more than 6 per cent in the last 10 years and over 8 per cent in the fiscal year 2019.
11 December 2021, 18:00 PM

China’s consumer inflation rises in Nov

Consumer inflation in China picked up to its highest level in over a year in November, official data showed Thursday, bolstered by an uptick in pork prices as seasonal demand spiked.
9 December 2021, 18:00 PM

EU wants new trade powers to fight foreign bad actors

The European Commission on Wednesday launched a bid to equip Brussels with new powers to swiftly retaliate against efforts by foreign governments to undermine the European economy and businesses.
9 December 2021, 18:00 PM

Italy hits Amazon with €1.1b antitrust fine

Italian regulators hit Amazon with a 1.1-billion-euro ($1.3-billion) antitrust fine Thursday for allegedly abusing its dominance in the market, the latest action against US Big Tech in the EU.
9 December 2021, 18:00 PM

Apple inches closer to $3t market cap

Apple Inc is within striking distance of a $3 trillion market capitalization, a milestone that would make it as big as the world’s fifth largest economy after Germany, just over a year after breaching the $2 trillion mark.
9 December 2021, 18:00 PM

Turkey and Qatar agree on currency swap deal

Turkey and Qatar have agreed to extend a currency swap deal between their central banks amid the Turkish lira plunging in value fuelling an economic crisis.
8 December 2021, 19:42 PM