Global Economy
Analysis / Neither precedent nor Trump can save Big Tech
After losing a jury trial against game store Epic Games in December, a judge has now ruled that Google must open a key piece of its Android smartphone operating system
China to outline fiscal policy as traders await action
The news comes after traders on the mainland and in Hong Kong were left disappointed by a news conference Tuesday in which officials failed to unveil any new stimulus and provided scant detail on its plans for implementing the raft measures already flagged
India central bank leaves interest rates unchanged
Central bank governor Shaktikanta Das said the bank would remain "unambiguously focused" on aligning inflation with its target while still supporting growth.
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
Brent crude futures rose 22 cents, or 0.3 percent, to $77.4 a barrel by 0349 GMT
China says raised 'serious concerns' with US over trade curbs
Chinese Commerce Minister Wang Wentao's call with US Commerce Secretary Gina Raimondo was described by Beijing as "candid, in-depth and pragmatic".
Analysis / The US economy is solid: Why are voters gloomy?
Despite indicators showing the US economy is moving in a healthy direction, many Americans remain pessimistic about business and job prospects -- a mood that poses a frustrating problem for Vice President Kamala Harris in her neck-and-neck race with Donald Trump for the White House
Foxconn to build world’s largest ‘superchip’ plant
Taiwanese tech giant Foxconn said on Tuesday it is building the world’s largest production plant for US hardware leader Nvidia’s GB200 “superchips” that power artificial intelligence servers.
US judge orders Google to open Android to rival app stores
A US judge on Monday ordered Google to open its Android smartphone operating system to rival app stores, in a fresh legal setback for the tech giant.
ECB still has 'long way to go' to tame inflation: Lagarde
The European Central Bank (ECB) still has "a long way to go" to tame inflation, its president Christine Lagarde said Friday, a day after the body announced its first interest rate cut since 2019.
Bangladesh got elected as member of governing body of ILO for 2024-2027
The election took place at the 112th session of the International Labour Conference held in Geneva
RMG export to USA falls 14% in Jan-Apr
Shipment to the American market has been falling for high inflationary pressure
Forex reserves decline by $51 million in a week
The reserves hit $18.67 billion on June 5, down from $18.72 billion on May 29
Default loans hit historic high of Tk 1,82,295 crore
Bad loans rose by Tk 36,367 crore in just three months
Nvidia overtakes Apple to become second most valuable company
Microsoft, based in Redmond, Washington, remained the world's most valuable company at $3.15 trillion as its shares climbed 1.9%
Low gas pressure cuts textile production by 65%
Factories in industrial belts need 15 PSI (pounds per square inch) of gas pressure, but are getting a maximum of 3 PSI
McDonald's loses chicken 'Big Mac' trademark battle
Luxembourg-based General Court ruled that McDonald's could not claim protection for the chicken version of its iconic burger, though the original beef one remains trademarked
No end in sight: low-income families reel from stubborn inflation
The higher inflation for one of the longest spells in recent decades has left many households in the low-middle-income country with little resources since food costs consist of a much higher share in their consumption basket
Intel unveils new chip tech in AI battle with Nvidia, AMD
US chip titan Intel on Tuesday struck a defiant tone in the face of strong challenges from rivals Nvidia, AMD and Qualcomm, unveiling technologies it said would lead the artificial intelligence revolution