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Global Economy
Japan hosts women-focused conference amid economy push
JAPAN on Friday kicked off the "World Assembly for Women" conference, with Prime Minister Shinzo Abe pledging to shake up a corporate culture at home that discriminates against female workers.
29 August 2015, 18:00 PM
China official blames Fed for global market rout, not yuan
The global stock market rout of the past week was sparked by concerns over a possible interest rate rise by the US Federal Reserve and not by the devaluation of China's yuan currency, a senior Chinese central bank official told the news agency.
29 August 2015, 18:00 PM
RBI to focus to rein in inflation
The Reserve Bank of India remains focused on reining in consumer inflation to its target of 4 percent by March 2018, supporting an
29 August 2015, 18:00 PM
Philippine economic growth quickens to 5.6pc in Q2
Philippine economic growth quickened in the second quarter, the government said Thursday, placing the country in a better position to weather the global fallout from China's economic woes.
27 August 2015, 18:00 PM
China sets yuan rate at four-year low against dollar
China's central bank on Thursday set its daily reference rate for the yuan currency at a four-year low against the US dollar, but it closed stronger than the previous day.
27 August 2015, 18:00 PM
China growth targets a fantasy: Chinese billionaire
Chinese billionaire Wang Jianlin, one of the country's best-known businessmen, has said China needs to drop unrealistic official economic growth targets.
27 August 2015, 18:00 PM
China market chaos blamed on exodus of regulatory 'turtles'
At the height of the 2008 financial crisis, as Wall Street slashed jobs, Beijing took advantage of the disarray to poach top Chinese financial talent from overseas to help reform its stock markets.
27 August 2015, 18:00 PM
RBI chief Rajan says not in favour of depreciating rupee
RESERVE Bank of India Governor Raghuram Rajan said he was not in favour of depreciating the rupee and joining a global wave of monetary measures that have weakened currencies, according to a newspaper interview on Wednesday.
26 August 2015, 18:00 PM
Currency volatility upsets Asian growth plans
FACED with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China's abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.
26 August 2015, 18:00 PM
Bangladesh envoy urges US to restore trade privilege
Three members of the US Congress have assured that they will help Bangladesh get back the generalised system of preferences in the American market, according to a statement from the Bangladesh mission in Washington DC.
26 August 2015, 18:00 PM
Nervous markets ride roller-coaster after China rate cut
EUROPEAN markets joined Asia on a roller-coaster session Wednesday, as China's interest rate cut showed no sign of ending a crisis fuelled by fears over stalling growth in the world's number-two economy.
26 August 2015, 18:00 PM
China investigates securities brokerages amid turmoil
Chinese police are investigating four securities brokerage firms for possible stock manipulation amid market turmoil.
26 August 2015, 12:57 PM
Black Monday and Tumble Tuesday: How China reacted
Chinese stocks continue to tumble, a day after "Black Monday" sent markets crashing across the globe.
25 August 2015, 12:28 PM
IMF official says premature to speak of Chinese crisis
China's economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world's second biggest economy, a senior International Monetary Fund official said on Saturday.
23 August 2015, 18:00 PM
Emerging economies let currencies slide to stay competitive
The world's emerging economies are allowing their currencies to slide in a quest to remain competitive, following China's devaluation of the yuan and the dollar's strength in anticipation of US rate hikes.
23 August 2015, 18:00 PM
Gold industry analysts expect price boost from currency war fears
Gold prices could rise above $1,200 an ounce in the next few months as fears of a currency war following the devaluation of the yuan make equity markets choppy, boosting physical gold and ETF buying, leading industry analysts said at a conference.
23 August 2015, 18:00 PM
Spain's economy to keep growing in third quarter
Spain's economy will grow in the July to September period at a similar pace to previous quarters, boosted by a busy tourism season and consumer spending, the economy minister said in comments published on Sunday.
23 August 2015, 18:00 PM
Etihad discounts air fares by 30pc
Etihad is offering discounts of up to 30 percent to their business and economy-class travellers to some 130 destinations from Dhaka, Sylhet and Chittagong.
23 August 2015, 18:00 PM
Britain wants to work with Iran on trade and investment
Britain said on Sunday that it wanted to work with Iran's central bank to make it easier for UK banks to finance trade and investment in the country after a thaw in diplomatic relations.
23 August 2015, 18:00 PM
China's slowing economy: What's wrong?
GLOBAL stocks have been hit hard over concerns for the Chinese economy, with a gauge of the country's manufacturing activity on Friday providing the latest sign of a slowdown in the world's second-largest economy.
22 August 2015, 18:00 PM