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

1d ago

Humankind’s Comparative Advantage

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

1d 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.

1d 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.

1d 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.

2d 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".

2d 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.

2d 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

3d ago

Rupee slips to record low

However, the Indian currency avoids sharp losses on central bank's intervention

2m ago

Asian stocks slide as China stimulus disappoints; bitcoin extends record rally

Bitcoin climbed to an all-time high as Donald Trump's victory in the US presidential election along with pro-crypto candidates being voted to Congress spurred expectations of a light-handed regulatory environment.

2m ago

China's 'Singles Day' shopping spree in spotlight as spending flags

"Singles Day" -- launched by tech giant Alibaba in 2009 -- has ballooned into an annual blockbuster period for retail, with days of discounts luring customers to the country's online shopping platforms.

2m ago

Directors of 10 firms to face fine for missing dividend payment deadline: BSEC

Nine companies are given December 15 deadline and one November 30

2m ago

Trump victory poses challenges for the Fed's independence

The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by raising and lowering interest rates.

2m ago

Asia, the world's economic engine, prepares for Trump shock

Trump, who won a crushing presidential victory this week, vowed during his campaign to slap 60 percent tariffs on all Chinese goods entering the United States in an attempt to balance trade between the two nations.

2m ago

How China plans to cut hidden debt in massive shakeup

Hidden debts are defined as borrowing for which a government is liable, but not disclosed to its citizens or to other creditors.

2m ago

After Trump victory, EU leaders vow 'urgent' economic reform

Although Europe's public reaction to the Republican's return has been cautious, officials are on full alert over the implications for the European Union's economy if he delivers on his threats and slaps higher tariffs

2m ago

China consumer prices rise at slower rate in October

The consumer price index (CPI), a key measure of inflation, rose 0.3 percent year-on-year in October, down from 0.4 percent in September, the National Bureau of Statistics (NBS) said.

2m ago

Garment export to US falls 6.29% in Jan-Sep

Bangladesh shipped $5.41 billion worth of apparels to the American market in the nine months

2m ago