Global Business

Global Business

Bitcoin hits record above $109,000 awaiting Trump

Bitcoin surged to reach an all-time peak of $109,241 ahead of Trump's inauguration ceremony.

6h ago

Top Beijing official urges Musk to deepen ties with China: state media

Han -- who is set to attend the inauguration of US President-elect Donald Trump later on Monday -- met with Musk and other American business representatives on Sunday, Xinhua said.

9h ago

Trump and associates' share of new cryptocurrency soars to more than $38 bn

Trump unveiled the so-called meme coin, which is designed to capitalize on the popularity of a certain personality, movement or viral internet trend on Saturday, in a post on his Truth Social platform and X.

9h ago

Businesses in Malaysia brace for impact with minimum wage hike on Feb 1

Particularly affected are food court operators, coffee shop owners and vegetable farmers as they typically employ more foreign workers compared with other industries

1d ago

US to see rising debt, deficit in next decade: budget office

Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his Treasury secretary pick took aim this week at federal spending

1d ago

Plot allocation in Patuakhali EPZ will begin in early 2026

Secretary to the Chief Adviser’s Office says after visiting the EPZ

2d ago

'No money': gloom on Beijing streets as economic growth slows

Government data on Friday showed the economy grew by five percent in 2024, hitting a much-touted government target but its lowest since 1990 with the exception of the Covid-19 pandemic years.

2d ago

IMF raises global growth outlook and flags rising economic divergence

In an update to its flagship World Economic Outlook report, the International Monetary Fund said it expects global growth to hit 3.3 percent this year, up 0.1 percentage point from its previous forecast in October, and to remain at 3.3 percent in 2026.

2d ago

Canada vows 'Trump tax' on US in response to tariffs: minister

"This would be the biggest trade war between Canada and the US in decades," Foreign Minister Melanie Joly said

2d ago

US Treasury to take 'extraordinary measures' to avoid debt default

With the government reaching its borrowing limit, the department would start making the moves on Tuesday, the day after the inauguration, Yellen said in a letter to congressional leaders.

2d ago

Global unemployment set to hold near historical low of 5 percent: ILO

Global unemployment remained steady last year at an historical low of 5 percent, where it is set to stay in 2025, the International Labour Organization said in a report on Thursday.

3d ago

Rules relaxed to import 3 lakh tonnes of rice

50,000 tonnes of white rice will also be purchased from Pakistan

3d ago

Inflation biggest concern for Bangladesh in 2025: WEF

The World Economic Forum (WEF) releases Global Risks Report 2025

4d ago

DCCI wants lower interest rates for private-sector credit growth

The leading chamber also demanded a loan classification deadline extension by 3 to 6 months

4d ago

Food processors protest tax hike

They also urge govt not to raise gas prices

4d ago

Taiwan's TSMC says net profit rose 57% in fourth quarter

Net profit for the three months to December jumped 57 percent on-year to NT$374.7 billion (US$11.4 billion).

4d ago

US consumer inflation rises in December but underlying pressures ease

The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the Labor Department said in a statement on Wednesday.

4d ago

'Everything on the table' to respond to Trump tariffs: Trudeau

"If the US administration chooses to still implement tariffs, we will respond purposefully, forcefully, resolutely," he said.

4d ago