Global Business

Global Business

FICCI expresses concern over hikes in tax, SD

Increased costs of doing business could weaken operational capacity, the chamber said

4h ago

India allows transit for heavier Nepali cargo to Bangladesh

Under Indian road transport regulations, the limits are set at 18.5 tonnes for two-axle vehicles and 28 tonnes for three-axle vehicles

7h ago

WTO favours EU over Indonesia on palm oil restrictions

Indonesia, the world's leading producer of palm oil, in 2019 requested an expert panel review of the EU restrictions.

1d ago

US consumer inflation expectations soar in January on tariff fears

Long-run inflation expectations soared to 3.3 percent, the highest level since June 2008, from 3.0 percent in December.

1d ago

11 conditions made mandatory for trade through Benapole port

Beanpole customs also listed 12 types of imported goods that should go through physical inspection

2d ago

US Fed's December rate cut should be its last for now: official

The US central bank voted 11-to-1 in favor of cutting rates by a quarter of a percentage point at the meeting on December 17 and 18, reducing the bank's key lending rate to between 4.25 and 4.50 percent despite an uptick in inflation

2d ago

Taiwan chip giant TSMC says 2024 revenue rose 33.9%

Net revenue rose 33.9 percent to NT$2.9 trillion ($87.8 billion), the company said in a statement, ahead of the release of its complete earnings report next week.

2d ago

US hiring beats expectations in December to cap solid year

Hiring in the world's biggest economy stood at 256,000 last month, up from a revised 212,000 in November, the Labor Department said.

2d ago

Gold price hiked by Tk 3,045 a bhori again

From tomorrow, a bhori of 22-carat gold will cost Tk 138,708

3m ago

Visiting IMF mission to seek info on NBR’s revenue collection plan

A four-member delegation of the IMF will sit with NBR officials tomorrow

3m ago

Beijing 'firmly opposes' US ban of Chinese tech from connected vehicles

China's commerce ministry on Wednesday said it "firmly opposes" US plans to ban the sale of connected vehicles incorporating Chinese and Russian technology, citing national security risks

3m ago

No peak oil demand 'on the horizon', phaseout a 'fantasy': OPEC

OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change

3m ago

China's monetary volleys miss key threat to economic growth

China's central bank has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to economic growth in their line of sight: the persistently weak consumer demand

3m ago

US sues Visa for monopoly on debit-card use

The US Department of Justice filed an antitrust lawsuit against Visa on Tuesday, alleging the company illegally maintains a monopoly over the use of debit cards in the United States

3m ago

Gold all-time high of Tk 135,663 a bhori from tomorrow

Jewellers raised 22-carat gold prices by Tk 2,612 per bhori

3m ago

Dissanayake's push for Sri Lanka economic change leaves IMF deal, debt rework in limbo

Sri Lanka's new president won the election decisively, but his toughest task still lies ahead as he seeks to balance promises to aid the nation's poor against the need to keep crucial supplies of cash flowing from the International Monetary Fund

3m ago

Fishy business caught by fraying India-Bangladesh ties

Shimmering piles of silver fish are snapped up for exorbitant prices in India's port of Kolkata, the unlikely side effect of a diplomatic fallout after a student-led revolution in neighbouring Bangladesh

3m ago

IMF says ready for talks with Sri Lanka's new leftist government

IMF is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country's new government, a spokesman said

3m ago