A US quincentennial will also hinge on immigrants
REUTERS, Washington
13 SEC(s) ago Global Economy
Gold rises
REUTERS
13 SEC(s) ago Global Economy
Oil falls for a third straight day
REUTERS
13 SEC(s) ago Global Economy
Dollar steady
REUTERS, Tokyo
13 SEC(s) ago Global Economy
US factory activity slows
AFP, Washington
13 SEC(s) ago Global Economy
Trump earned over $1b from crypto ventures in 2025
AFP, New York
2 July 2026, 00:00 AM Global Economy
Oil falls over 1%
REUTERS, London
2 July 2026, 00:00 AM Global Economy

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

Canada threatens trade action over Biden electric car plan

Canada on Friday threatened to impose sweeping tariffs on American goods and suspend parts of a landmark North American trade deal if Washington rewards electric cars made in US union shops, to the detriment of Canada’s auto sector.
12 December 2021, 18:00 PM

Intel shows research for packing more computing power into chips

Research teams at Intel Corp on Saturday unveiled work that the company believes will help it keep speeding up and shrinking computing chips over the next ten years, with several technologies aimed at stacking parts of chips on top of each other.
12 December 2021, 18:00 PM

Canadian agri research organisation opens Dhaka regional office

A regional office of the Global Institute for Food Security, a research organisation of University of Saskatchewan in Canada, was opened in Dhaka yesterday to help the country’s agricultural researchers gain advanced knowledge and skills.
12 December 2021, 18:00 PM

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

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

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

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