Global Economy

Global Economy

Anti-Money Laundering / US secret service to train Bangladeshi agencies

60 officials of BFIU, Bangladesh Police, NBR, ACC, BSEC and the Department of Narcotics Control will receive the training

39m ago

Economy is making a turnaround: finance adviser

Business leaders appreciate the steps taken for the domestic industry

2h ago

China factory output expands for first time in six months

In October, China's Purchasing Managers' Index (PMI) -- a key measure of industrial output -- was 50.1, the National Bureau of Statistics (NBS) announced, up from 49.8 in September.

9h ago

Samsung Q3 operating profits soar to $6.6 bn, miss forecast

The world's largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) "largely due to one-off costs".

9h ago

Slow growth, high debt taking heavy toll on developing nations: UN

Poorer nations are increasingly struggling to navigate the sluggish global economy, the UN warned on Tuesday, calling for a fundamental rethinking of development strategies.

21h ago

China files complaint over EU’s new taxes on its EVs

Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union’s decision to impose hefty tariffs on Chinese-made electric cars.

21h ago

Gold price hiked again, Tk 143,525 a bhori from tomorrow

The earlier price was Tk 141,950

1d ago

Robi Axiata’s profit rises 78% in Q3

The telecom operator made Tk 188.7 crore in Jul-Sep this year from Tk 106 crore in the same period last year

1d ago

S&P lowers Pakistan’s credit rating

Global ratings agency S&P Global on Thursday cut Pakistan’s long-term sovereign credit rating by one notch to “CCC+” from “B” to reflect a continued weakening of the country’s external, fiscal and economic metrics.

1y ago

Oil price rises by $3 per barrel

Oil prices settled about $3 per barrel higher on Friday for a second straight week of gains after Moscow said it could cut crude output in response to the G7 price cap on Russian exports.

1y ago

US growth revised up to 3.2pc in Q3

The US economy expanded 3.2 per cent in the third quarter, the Commerce Department said Thursday, in a further upward revision of data reflecting stronger consumer spending and investment than earlier estimated.

1y ago

Japan inflation hits 41-year high

Prices in Japan rose at their fastest pace since 1981 in November, data showed Friday, fuelled in part by higher energy costs.

1y ago

UK business still feels Brexit blues

Two years after Britain’s departure from the European Union, bosses of UK businesses are reeling from the cost of Brexit, including some who voted to cut ties with Brussels.

1y ago

Japan insurers to halt coverage for ships sailing in Russian waters

Japanese insurers will stop providing coverage for ship damage suffered in Russian waters, a decision that could potentially disrupt Japan's imports from Russia's gas and oil producers in Sakhalin, people familiar with the matter said Saturday.

1y ago

US consumer confidence jumps in Dec: survey

Consumer confidence in the US economy spiked in December, bouncing more than expected as inflation expectations dipped and gas prices cooled, survey data showed on Wednesday.

1y ago

UK economy contracts more than thought

Britain’s economy contracted slightly more than thought in the third quarter, revised official data showed on Thursday.

1y ago

Oil rises on tight US stocks

Oil prices climbed for a fourth straight day and hit their highest in two and a half weeks on Thursday with US crude, heating oil and jet fuel stocks growing tighter just as a wintry blast hits the United States.

1y ago

Rupee gains on dollar index weakness

The Indian rupee advanced against the US currency on Thursday, tracking a fall in the dollar index ahead of US data.

1y ago