OpenAI valuation soars to $500b

The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal for employees to sell a limited number of shares, financial media reported Thursday.
2 October 2025, 18:00 PM

Prolonged US govt shutdown could raise market risks

Investors have anticipated for weeks the risks of a US government shutdown to markets. Now that it is here, they are hoping it will be brief.
2 October 2025, 18:00 PM

China, Malaysia in talks for rare earths refinery project, sources say

The proposed refinery is expected to process both light and heavy rare earths
2 October 2025, 05:21 AM

Gold hits record high on US govt shutdown

Gold prices rose to hit a new record high on Wednesday, supported by safe-haven demand as the US government shut down most operations, while growing expectations of a Federal Reserve rate cut this month added to the metal’s appeal.
1 October 2025, 18:00 PM

Wall Street futures slip as government shutdown complicates Fed rate path

US stock index futures fell on Wednesday as investors assessed the implications of the federal government shutdown, which threatens to disrupt the release of key economic data and complicate the Federal Reserve's policy path..The shutdown, which independent analysts warn could last longer
1 October 2025, 10:09 AM

Foreign workers must get security clearance via Bida OSS

The Bangladesh Investment Development Authority (Bida) has made it mandatory for every foreign investor and employee to obtain security clearance for work permits exclusively through Bida’s One Stop Service (OSS) portal.
30 September 2025, 18:00 PM

Gold hits fresh high

Gold prices hit a fresh high on Tuesday and were poised to log their best month in nearly 16 years, as fears of a potential US government shutdown and growing expectations of further Federal Reserve rate cuts boosted demand for the metal.
30 September 2025, 18:00 PM

Dollar holds steady

The US dollar held steady on Tuesday ahead of a possible US government shutdown that could disrupt the release of the monthly jobs report this week, while the Australian dollar rallied after the central bank struck a cautious tone on inflation.
30 September 2025, 18:00 PM

OpenAI’s first-half revenue rises 16% to $4.3 billion

OpenAI generated around $4.3 billion in revenue in the first half of 2025, about 16 percent more than it generated all of last year, The Information reported on Monday, citing financial disclosures to shareholders.
30 September 2025, 18:00 PM

Trump visa curbs push US firms to consider shifting more work to India

Donald Trump’s H-1B visa crackdown  will hasten US firms’ shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and industry insiders say.
30 September 2025, 18:00 PM

Spotify founder Ek to step down as CEO to focus on long-term strategy

The company adopts a new co-CEO structure in its strategy to fend off rivals
30 September 2025, 15:28 PM

Part of laundered money may return by Feb: finance adviser

Bangladesh Bank governor will speak on how much will be repatriated, he says
30 September 2025, 12:31 PM

Trump visa curbs push US firms to consider shifting more work to India

US President Trump raised the cost of new H-1B visa applications this month to $100,000
30 September 2025, 07:27 AM

China’s new K visa beckons foreign tech talent as US hikes H-1B fee

China’s new visa programme aimed at attracting foreign tech talent kicks off this week, a move seen boosting Beijing’s fortunes in its geopolitical rivalry with Washington as a new US visa policy prompts would-be applicants to scramble for alternatives.
29 September 2025, 18:00 PM

India to launch EFTA trade pact on Oct 1

In the midst of a tariff battle with the United States, India will formally operationalise its free trade agreement (FTA) with four countries of the European Free Trade Association (EFTA) bloc on October 1.
29 September 2025, 18:00 PM

India to launch EFTA trade pact on Oct 1

The EFTA countries are Iceland, Liechtenstein, Norway, and Switzerland
29 September 2025, 12:15 PM

Toyota's August sales grow for eighth month on robust US demand

Its global vehicle production rose 4.9 percent, a third consecutive month of growth
29 September 2025, 07:32 AM

Free-market US tested as Trump takes stakes in private companies

The Trump administration is in talks to take an equity stake in Lithium Americas, which would insert the government into another private enterprise in the latest challenge to American free-market traditions.
28 September 2025, 18:00 PM

External debt servicing rises 13.22% in Jul-Aug

$488.79 million in principal and $178.32 million in interest were repaid in the first two months of FY26
28 September 2025, 12:24 PM

Big Pharma’s tariff win leaves lingering aches

Big Pharma is proving the mantra that prevention is better than cure.
27 September 2025, 18:50 PM