Asian markets mixed as Trump dials down after EU tariff threat

Tokyo, Shanghai and Seoul rose, but Hong Kong, Sydney, Singapore, Wellington, Taipei, Manila and Jakarta fell.
26 May 2025, 05:32 AM

Trump extends EU tariff deadline until July 9

Brussels and Washington have been negotiating in a bid to avert an all-out transatlantic trade war, and had agreed to suspend tariff action on both sides until July.
26 May 2025, 05:29 AM

Exclusive: Nvidia to launch cheaper Blackwell AI chip for China after US export curbs, sources say

Nvidia plans to launch a new, more affordable AI chipset for China, targeting mass production by June.
25 May 2025, 06:22 AM

Bangladesh per capita debt mounts to $483

The amount was $257 in 2015-16 fiscal year
24 May 2025, 19:05 PM

Gold price rises over 2%

Gold prices rose more than 2 percent on Friday and logged their best week in six, as investors sought the safe-haven asset amid renewed tariff threats from US President Donald Trump and a weaker dollar.
24 May 2025, 18:00 PM

How US-China chip conflict is evolving under Trump

The United States has taken aim at China’s Huawei over the cutting-edge chips powering artificial intelligence (AI), part of a shifting technology dispute between the two largest economies.
24 May 2025, 18:00 PM

Trump expands Apple tariff threat to all smartphones

He threatened with a 25 percent tariff unless the devices are built in the United States
24 May 2025, 02:31 AM

Weak US economic outlook persists despite brief trade truce: poll

The outlook for the US economy remains weak despite a temporary cooling of the US-China trade war, a Reuters poll of economists showed, with a debate over the country’s fiscal health hanging in the balance.
22 May 2025, 18:00 PM

Weak US economic outlook persists despite brief trade truce with China: Reuters poll

Economists in a May 14-21 Reuters poll were unanimous the Trump administration's policies have hurt the economy
22 May 2025, 06:50 AM

Asian equities track Wall St sell-off as US deficit fears grow

All three main indexes on Wall Street ended sharply lower.
22 May 2025, 06:08 AM

BGMEA wants 3-month window from India to clear pending shipments

The association urges the interim government to send a letter to India seeking the opportunity
21 May 2025, 16:54 PM

US importers race to create bonded warehouses amid Trump tariffs

The rush to bond U.S. warehouses for goods ranging from clothing to auto parts is a bet for some that raised U.S. tariffs will be only a short-term policy by the Trump administration.
21 May 2025, 07:18 AM

China slams US 'bullying' over new warnings on Huawei chips

Beijing condemned new US warnings on the use of AI chips made in China
21 May 2025, 02:57 AM

Trump’s remittance tax plan poses threat to Bangladesh

The US House Budget Committee voted late on Sunday to move forward with President Donald Trump's "One Big Beautiful Bill Act", a proposal that could make sending money back home more expensive for three lakh Bangladeshis currently living in the United States.
20 May 2025, 18:05 PM

Weaker Donald Trump will struggle to keep promises

Donald Trump can still cut deals and issue orders. But the US president’s power has waned since he imposed sky-high tariffs in April, only to backtrack. In particular, the balance of power between the United States and China, which should be critical to his promise to “Make America Great Again”, has shifted in Beijing’s favour.
20 May 2025, 18:00 PM

China cuts key rates to aid economy as trade war simmers

China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-US trade war..The widely expected rate cuts are aimed at stimulati
20 May 2025, 16:34 PM

Banks can now pay fees for correspondence courses abroad

The facility shall be admissible for one correspondence course at a time
20 May 2025, 13:13 PM

Apple supplier Foxconn to invest $1.5 billion in India unit

In March, Apple ramped up India production, exporting around 600 tons of iPhones worth $2 billion to the US.
20 May 2025, 08:18 AM

Japan's Honda to scale back on electric vehicles, concentrate on hybrids

It plans to launch 13 next-generation hybrid models globally in the four years from 2027.
20 May 2025, 05:52 AM

China's central bank cuts two key rates to historic lows

The five-year LPR, the benchmark for mortgage loans, was cut from 3.6 percent to 3.5 percent, it said.
20 May 2025, 05:49 AM