Global Economy

Global Economy

The US economy is solid: Why are voters gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

4h ago

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

10h ago

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

12h ago

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.

15h ago

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

17h ago

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".

17h ago

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

17h ago

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.

1d ago

‘Full automation a must now for better customs management’

FBCCI President Mahbubul Alam says at a workshop

4m ago

No vessel could come back to jetty for rough sea

Cargo delivery resumed partially, but major operational activities remained suspended

4m ago

China invests $47 billion in largest ever chip fund

China has poured more than $47 billion into the country's largest-ever chip investment fund, a business database showed on Monday, as Beijing seeks self-sufficiency in the crucial semiconductor manufacturing sector

4m ago

Payment for foreign loans surges 44% in Jul-Apr

The principal amount plus interest payments for foreign debt rose to $2.81 billion this year, up from previous year’s $1.95 billion

4m ago

‘Bangladesh hardly utilising Asian regional trade potential’

Finds a study conducted by former Bangladesh Bank governor Atiur Rahman

4m ago

European automakers need time, not tariffs, to fend off China competition

Europe's car giants won't have much time to restructure their operations and product lines to compete with ascendant Chinese automakers, and stiffer tariffs will do little to protect the status quo, industry executives said during a Reuters event.

4m ago

G7 reaffirms warning against excess currency volatility in nod to Japan

Finance leaders of the Group of Seven (G7) advanced nations on Saturday reaffirmed their commitment to warn against excessively volatile currency moves, language Japan sees as a green light to intervene in the market to arrest rapid falls in the yen

4m ago

Airlines, hotels, retailers fear being left out in Google's search changes

Lobbying groups representing airlines, hotels and retailers have urged European Union tech regulators to ensure that Google takes their views into account, and not just large intermediaries, when making changes to comply with landmark tech rules

4m ago

Tk 13 crore goods sold at SME fair

Entrepreneurs bagged orders worth Tk 20 crore

4m ago

Feni has potential to be an industrial hub: analysts

The ERD, Feni administration organised a workshop on sustainable LDC graduation

4m ago