Global Economy

Global Economy

Ctg port will earn more if foreign operator is appointed: CPA chairman

Local operator Saif Powertec Ltd is currently operating the port's New Mooring Container Terminal

9h ago

Chinese business in Vietnam struggles with Trump tariffs uncertainty

But in Vietnam's northern industrial Bac Ninh province, Chinese businesses that AFP interviewed -- most of whom are linked to the export supply chain -- said investors were hesitating and anxiety was widespread.

14h ago

Tesla's EU sales plunge as Musk takes flak

Sales of the sleek machines fell 45 percent to just over 36,000 units in the first quarter of 2025 in EU

16h ago

Vietnam and US start trade talks: Hanoi

The United States was Vietnam's biggest export market in the first three months of the year.

18h ago

Global roundtable sees rising debt risks for low-income countries as uncertainty mounts

The IMF on Wednesday announced that economic pressures from steep new US tariffs will push global public debt above pandemic-era levels

19h ago

Trump seeks 'fair deal' with China but pathway unclear

Trump told reporters his country would have a "fair deal with China," adding that "everything's active" when asked if Washington was talking to Beijing.

20h ago

EuroCham urges fair treatment

The European Union Chamber of Commerce in Bangladesh (EuroCham) urged the interim government to avoid discrimination against companies based in the bloc as Bangladesh weighs up substantial trade concessions for the United States.

1d ago

Apple fined $570m and Meta $228m for breach of EU law

Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.

1d ago

China says door for US trade talks 'wide open'

The fierce trade war between the world's top two economies has rattled markets and raised fears of a global recession.

1d ago

Stocks, dollar rebound as Trump backtracks on Fed attack

Trump also reiterated he wanted to do a deal with China where tariffs would not be anywhere near 145 percent, adding that he would set the terms of a deal if Beijing did not enter talks

1d ago

IMF must be more active on debt restructurings, Georgieva says

Georgieva said they wanted the IMF to provide more technical assistance to countries grappling with high debt levels.

1d ago

World Bank urged to reduce equity-to-loan ratio to free up funds for poor countries

He said a large portion of these new resources could be used to provide loans to help governments rapidly address actual or anticipated budget gaps and shore up health-care networks, water and sanitation systems, or other critical public systems impacted by foreign aid cuts.

1d ago

Trump says won't fire Fed chief, signals China tariffs will come down

Trump's recent outbursts against Fed chair Jerome Powell had fanned concern that he would oust him, sending jitters through markets.

1d ago

IMF slashes global growth outlook on impact of Trump tariffs

Worldwide economic output will slow in the months ahead as US President Donald Trump's steep tariffs on virtually all trading partners begin to bite

1d ago

IMF keeps Bangladesh’s economic growth forecast almost unchanged

The IMF projected Bangladesh’s GDP growth at 3.76% for FY25

2d ago

Global shipping navigates Trump tariffs uncertainty

Cargo ships put to sea half empty, fluctuating freight rates and possible shipping route changes are some of the recent adjustments industry specialists have noted.

2d ago

Gold hits record, stocks slip as Trump fuels Fed fears

With the US tariff blitz still causing ructions on global trading floors, investors are now dealing with the added worry that the US president will try to remove the country's top banker that many fear could hammer already fragile market confidence.

2d ago

US to impose new duties on solar imports from Southeast Asia

The tariffs on companies from Cambodia, Thailand, Malaysia and Vietnam will still need to be ratified

2d ago