Rising energy costs threaten export competitiveness
1 May 2026, 00:00 AM
Global Economy
Powell appeals for Fed independence
1 May 2026, 00:00 AM
Global Economy
Bangladesh seeks LDC graduation deferment at UN hearing
30 April 2026, 18:24 PM
Business
Oil at four-year high, stocks slip after Trump blockade warning
30 April 2026, 10:01 AM
Global Economy
Oil prices rise further
30 April 2026, 00:00 AM
Global Economy
UAE exit from Opec to boost supply, lower oil prices
30 April 2026, 00:00 AM
Global Economy
Airbus profits slide as deliveries drop
30 April 2026, 00:00 AM
Global Economy
Weak policies, low trust hurt investment outlook: analysts
29 April 2026, 20:47 PM
Business
Lending rates to be brought down to a tolerable level: Commerce minister
29 April 2026, 18:21 PM
Business
Stocks swing, oil edges up with Iran war peace talks stalled
29 April 2026, 13:04 PM
Business
US favourable to Taiwan trade bid, urges Beijing to cease pressure
The United States on Friday praised Taiwan’s record as a candidate to join a trans-Pacific trade deal and criticized Beijing for stepping up jet incursions near the island.
25 September 2021, 18:00 PM
Britain runs coal power stations amid energy crisis
Britain, which faces soaring natural gas prices, has been forced to run coal-fired power stations in order to secure energy supplies, electricity generation company Drax said on Thursday.
25 September 2021, 18:00 PM
Zimbabwe bolsters emissions targets
Zimbabwe has adopted a more ambitious target for emissions reduction ahead of a United Nations climate conference in November, the country’s new climate change plan showed.
25 September 2021, 18:00 PM
RBI to retain cash surplus
India’s central bank is likely to retain a surplus of liquidity in the banking system and announce another round of bond purchases, but will avoid adding incremental cash in the near future, two sources said on Friday.
25 September 2021, 18:00 PM
Quicken shift from fossil fuels
Major UK-based companies on Friday urged the government to accelerate the nation’s shift away from fossil fuels for electricity generation, amid turmoil over surging gas prices.
25 September 2021, 18:00 PM
Nigeria aims to boost oil output
Nigeria said Wednesday it aims to produce 1.88 million barrels per day of crude oil next year and the budget will be based on the benchmark price of $57 per barrel, calling it a “very conservative” output goal as the country’s economy struggles.
23 September 2021, 18:00 PM
Bank of England on guard against spiking inflation
The Bank of England is expected to stay the course on interest rates and stimulus on Thursday, despite soaring inflation and fears of runaway domestic energy costs.
23 September 2021, 18:00 PM
Fed warns of ‘severe damage’ if senators allow debt default
The chairman of the US Federal Reserve called on lawmakers to raise the nation’s borrowing limit urgently on Wednesday, warning that failure to pay government debts would do “severe damage” to the economy.
23 September 2021, 18:00 PM
Ratings agency cuts China growth forecast
Ratings agency Fitch on Thursday cut its growth forecast for China’s economy this year citing a slowdown in the country’s colossal property sector, which is also facing headwinds over faltering real estate giant Evergrande.
23 September 2021, 18:00 PM
Eurozone growth slows: survey
Economic growth in the eurozone stumbled in September, a closely watched survey said Thursday, as supply chain bottlenecks, high prices and the spread of the coronavirus Delta variant hurt output.
23 September 2021, 18:00 PM
EU looking at measures to tackle energy crisis
The European Commission said on Wednesday it is poised to validate “short-term temporary measures” to tackle the effects of a global energy crisis -- while keeping an eye on long-term climate goals.
23 September 2021, 18:00 PM
BOJ to keep stimulus as deflation risks cloud outlook
The Bank of Japan was expected to keep monetary policy steady on Wednesday as weak growth and deflation risks remain primary concerns, in contrast to major counterparts eyeing a withdrawal of crisis-mode support for their economies.
22 September 2021, 18:00 PM
China’s high-tech push seeks to reassert global factory dominance
At a factory in China’s north, workers are busy testing an automated vehicle designed to move bulky items around industrial spaces, one of a new generation of robots Beijing wants to shift the country’s manufacturing up the value chain.
22 September 2021, 18:00 PM
IMF execs meet over charges boss changed data to favour China
The International Monetary Fund’s board of directors met Tuesday over charges that its director, Kristalina Georgieva, pressured staff in 2017 when she was the World Bank CEO to change data in a key ranking report to paint China in a more positive light.
22 September 2021, 18:00 PM
Taliban expand economic team
Afghanistan’s Taliban government bolstered its economic team on Tuesday, naming a commerce minister and two deputies as the group tries to revive a financial system in shock from the abrupt end to billions of dollars in foreign aid.
22 September 2021, 18:00 PM
German auto giants place their bets on hydrogen cars
Battery power may be the frontrunner to become the car technology of the future, but don’t rule out the underdog hydrogen.
22 September 2021, 18:00 PM
ADB cuts Asia growth forecast on slow vaccine rollout
The Asian Development Bank warned of “lasting scars” from the coronavirus pandemic as it cut its 2021 growth forecast for developing Asia on slow vaccination rates, surging infections and crippling lockdowns.
22 September 2021, 18:00 PM
Taliban names Afghan UN envoy, asks to address General Assembly
The Taliban have asked to address world leaders at the United Nations in New York this week and nominated their Doha-based spokesman Suhail Shaheen as Afghanistan's UN ambassador, according to a letter seen by Reuters on Tuesday.
22 September 2021, 04:32 AM
US Democrats unveil plans to suspend debt limit
Democratic congressional leaders on Monday unveiled plans to suspend the nation’s borrowing limit, following a White House warning of “economic catastrophe” unless that ceiling is raised.
21 September 2021, 18:00 PM
UK rules out gas supply emergency as prices soar
Britain’s government does not expect a gas supply emergency during the winter as soaring prices threaten energy groups, Business Secretary Kwasi Kwarteng insisted on Monday.
21 September 2021, 18:00 PM