Global Business

Global Business

Feud over container handling rates disrupts Ctg port operations

Disputes between berth operators and shipping agents slow handling at six jetties

3h ago

Humankind’s Comparative Advantage

A seeker at an early age, Yuval Noah Harari has written about human evolution as a philosopher and historian.

5h ago

Asian markets drop as trades fret over US inflation, rates outlook

Sentiment was also clouded by data showing that Chinese consumer inflation remained almost non-existent despite a raft of stimulus measures in the final three months of last year.

9h ago

China inflation hits nine-month low in December

For the whole of 2024 prices were up 0.2 percent, the same as the previous year.

9h ago

Fitch flags concerns over 'significant' US fiscal policy challenges

Congress has had frequent battles in recent years over the best way to tackle growing spending commitments, with lawmakers divided over whether to tax more, spend less, or do both at the same time.

1d ago

Samsung warns fourth-quarter profit to miss forecasts

The announcement comes after the world's largest memory-chip maker issued a rare apology in October acknowledging it was facing a "crisis" and that questions had arisen about its "fundamental technological competitiveness and the future of the company".

1d ago

US trade deficit widens in November on imports jump

With Trump set to take office later this month, trade imbalances in the world's biggest economy could again come under the spotlight.

1d ago

Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay

Samsung is expected to estimate its operating profit rose to 8.2 trillion won ($5.6 billion) in the quarter ended December

2d ago

US unveils fresh export curbs targeting China's chip sector

The announcement comes weeks before President-elect Donald Trump returns to the White House, where he is expected to bolster Washington's hawkish stance on China

1m ago

US Fed officials see inflation fight as broadly on track

New York Fed President John Williams said inflation was now "within striking distance" of two percent.

1m ago

Moody’s told outdated story of Bangladesh

Moody's Ratings is narrating an outdated story of Bangladesh, not the updated one, said Bangladesh Bank Governor Ahsan H Mansur in a webinar yesterday.

1m ago

KEPZ decides to fast-track land registration

The chief adviser became the first head of state to preside over a meeting of the KEPZ governing body in nine years

1m ago

OpenAI's Altman confident Trump will keep US in AI lead

"We need to build that here and we need to be able to have the best AI infrastructure in the world to be able to lead with the technology and the capabilities," he said.

1m ago

Exclusive: Latest US strike on China's chips hits semiconductor toolmakers

The move marks one of the Biden Administration's last large scale effort to stymy China's ability to access and produce chips that can help advance artificial intelligence for military applications or otherwise threaten US national security.

1m ago

Remittance rises 14% in November

However, November’s inflow of $2.2 billion was 8.16% lower than the previous month

1m ago

Businesses will now get up to three years for payment: BB

Earlier, industries could import capital machinery under a 360-day usance term

1m ago

US 'Black Friday' online spending put at record $10.8 bn

The biggest sales during the annual day-after-Thanksgiving promotions were for toys, jewelry, household appliances, skin- and hair-care products, clothes and electronic devices

1m ago

Elon Musk asks US court to block OpenAi's for-profit conversion

Attorneys representing the billionaire and his AI startup, xAI, filed the injunction Friday, the financial news site reported.

1m ago