World’s central bankers fear being caught in Fed’s storm

Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too.
25 August 2025, 18:00 PM

Evergrande delisted from Hong Kong Stock Exchange

Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer.
25 August 2025, 18:00 PM

The hidden costs of free trade deals

There is an old joke: a man arrives at a seedy motel and is offered two options. The economy room costs $10, while the premium room is $12..“What is the difference?” he asks..“The $12 room comes with a free TV,” replies the receptionist with a smile..The humour lies in the contradiction. The TV is "free" but costs more. As Bangladesh prepares free trade agreements (FTAs) with as many as two dozen countries, the joke is a timely reminder: in global commerce, there is no such thing as a free deal. The large print giveth, while the small print taketh away, as the saying goes.
25 August 2025, 18:00 PM

China sees surge in coal power

China saw a surge in new coal power in the first half of the year even as the country added record levels of clean energy capacity, according to a report published Monday.
25 August 2025, 18:00 PM

Did Trump save Intel? Not really

Ailing Intel gets government boost but challenges remain
24 August 2025, 07:00 AM

India's Modi dangles tax cuts as US tariffs loom

US President Donald Trump has threatened to double import duties on India from 25 to 50 percent
24 August 2025, 05:22 AM

Weaponising US economic might will weaken it

American trade warriors may be keen to claim early victory. Tariff revenue has surged, 131 percent year-over-year to reach $127 billion by July.
23 August 2025, 18:16 PM

India says US trade talks are still going on

India’s foreign minister said on Saturday that trade negotiations with Washington are continuing but there are lines that New Delhi needs to defend, just days before hefty additional US tariffs are due to hit.
23 August 2025, 18:06 PM

Visa closes US open-banking unit as data fight heats up, source says

However, disputes between banks and fintechs have fueled doubts about the future of open banking.
23 August 2025, 06:03 AM

JPMorgan agrees to pay Malaysia $330 million to settle 1MDB claims

Malaysian and US investigators say at least $4.5 billion was stolen from 1MDB in a globe-spanning scheme between 2009 and 2014.
23 August 2025, 05:23 AM

Trump says US to probe furniture imports, threatening tariffs

China and Vietnam are among the major sources of US furniture imports.
23 August 2025, 04:48 AM

Trump raises pressure on Fed with call for governor to resign

President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa Cook to step down, as he repeatedly criticizes Fed Chair Jerome Powell for not lowering interest rates.
21 August 2025, 18:00 PM

China considers yuan-backed stablecoins to boost global currency usage

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
21 August 2025, 18:00 PM

US leads in Bangladeshi credit card spending abroad

Bangladeshi nationals spent the most on credit cards in the United States, debit cards in the United Kingdom, and prepaid cards in Saudi Arabia in June this year, according to a recent report by Bangladesh Bank.
21 August 2025, 18:00 PM

India sees Asia's biggest earnings downgrades as US tariffs loom

Forward 12-month earnings estimates for India's large and mid-cap firms have been cut by 1.2% in the past two weeks, the sharpest in Asia
21 August 2025, 10:37 AM

China considering yuan-backed stablecoins to boost global currency usage, sources say

China to review plan on yuan-backed stablecoins to expand its global reach
21 August 2025, 05:55 AM

Trump raises pressure on Fed with call for governor to resign

Trump targets Fed Governor Lisa Cook in escalating pressure on central bank
21 August 2025, 05:53 AM

US widens metal tariffs

The United States has broadened the reach of its steel and aluminum tariffs, the Commerce Department said Tuesday, impacting hundreds more products that contain both metals such as child seats, tableware and heavy equipment.
20 August 2025, 18:00 PM

Ensure adequate gas supply to garment factories: BGMEA

A team of BGMEA leaders met Energy Division secretary today
20 August 2025, 15:03 PM

US hikes steel, aluminum tariffs on imported appliances, railcars, EV parts

US to expand steel, aluminium tariffs on 400 products
20 August 2025, 06:05 AM