Global Business

Global Business

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

1d ago

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

All three main indexes on Wall Street ended sharply lower.

1d ago

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

2d ago

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.

2d ago

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

Beijing condemned new US warnings on the use of AI chips made in China

2d ago

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.

3d ago

Banks can now pay fees for correspondence courses abroad

The facility shall be admissible for one correspondence course at a time

3d ago

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.

3d ago

Why is gold reaching record heights?

The trading turmoil unleashed by US President Donald Trump's tariffs has triggered a record run for gold, widely viewed as a safe-haven investment.

1m ago

Chinese manufacturers in fighting spirits despite scrapped US orders

The Chinese government is in fighting mode too, on Friday increasing its own retaliatory duties to 125 percent.

1m ago

Govt mulling out-of-court settlements

The government is considering out-of-court settlements as an option to recover laundered money from abroad, as the formal legal process is often time-consuming.

1m ago

Chittagong Chamber wants widening of tax net

The CCCI submitted 114 proposals for the upcoming budget

1m ago

Prada brings Versace home to create Italian luxury contender

The $1.375 billion deal brings one of fashion's best-known Italian labels back under Italian control

1m ago

Singapore eyes halal-certified agricultural imports from Bangladesh

Singaporean investors said at a roundtable by EBL

1m ago

Stocks gain for second day

The benchmark index of the Dhaka Stock Exchange edged up 0.17 percent to 5,205.23 points

1m ago

Samsung under pressure as US tariffs rattle South Korean economy

If Samsung "fully absorbs" the proposed tariff cost instead of shifting production elsewhere "approximately four trillion won ($2.7 billion) -- or some 33 percent of its smartphone operating profit -- would be directly exposed"

1m ago

No 'retaliatory measures' against US: ASEAN economic ministers

Despite their concern, the ministers said they were ready "to engage in a frank and constructive dialogue with the U.S. to address trade-related concerns".

1m ago

Vietnam says it will start trade talks with United States

"The United States agreed that the two sides should initiate negotiations on a reciprocal trade agreement," according to a government statement.

1m ago