Tariffs imposed on the Asian manufacturing giant since the start of the year currently total 145 percent, with cumulative duties on some goods reaching a staggering 245 percent.

The European Union is accelerating free trade talks with Asia following hefty tariffs by US President Donald Trump, the bloc’s trade chief said Wednesday.

The US president told reporters at the White House

Bangladeshi traders say at global summit in Sri Lanka

The Nifty 50 was flat at 24,411.5 and the BSE Sensex was tepid at 80,776.75, as of 10:26 a.m. IST.

Carmakers have been among the hardest hit by the US president's multi-pronged assault on free trade

The row over onboard container handling charges at the General Cargo Berth (GCB) terminal of Chattogram Port has finally ended with a unanimous decision to raise the charge by Tk 175 per container.

The New York Times and Politico reported that Trump was set to agree to a deal with Britain, citing multiple people familiar with the plans.

Trump did not offer more details but said it would be the "first of many."

Vietnam’s imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi’s trade surplus and a crackdown on Chinese goods being shipped to the US via its territory.

Several Asian airlines including Taiwan’s China Airlines and Korean Air said yesterday they were re-routing or cancelling flights to and from Europe, and about a dozen Indian airports were shut after fighting erupted between India and Pakistan.

Since the US president returned to the White House in January, his administration has imposed tariffs totalling 145 percent on goods from China, with some sector-specific measures stacked on top.

The report from the Commerce Department on Tuesday showed the nation imported a record amount of goods from 10 countries, including Mexico and Vietnam.

The Nifty 50 fell 0.6 percent to 24,233.3 and the BSE Sensex lost 0.86 percent to 79,948.8 as of 9:15 a.m. IST.

HSBC Bangladesh's profit rose 9 percent year-on-year to Tk 1,086.13 crore in 2024, thanks to an increase in interest income.

Foreign exchange traders just had their wings clipped by the People’s Bank of China. In the wake of a sharp rally for Asian currencies, they were expecting the country’s central bank to make way for further falls against the dollar when it announced the yuan’s trading band midpoint on Tuesday. The fact that it did not speaks volumes about Beijing’s strategic approach to the ongoing trade war — most of it good.

She acknowledged the Chinese state footprint was unlikely to shrink much in the near term

Oil also staged a comeback after tanking on news of an output hike by key producers

The structural issue had become a significant point of contention for the artificial intelligence (AI) pioneer, with major investors pushing for the change to better secure their returns.

Cash-strapped Maldives has signed a deal with a Dubai-based company to establish an $8.8 billion investment zone aimed at diversifying the tourism hotspot into a “financial freezone”, the government said Monday.