Global Economy

Global Economy

The US economy is solid: Why are voters gloomy?

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

8h 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

15h 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

16h 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.

19h 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

21h 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".

21h 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

22h 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

UK inflation slows sharply to near three-year low

Britain's annual inflation rate dropped to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a cost-of-living crunch and stoking rate cut expectations

4m ago

‘Tax exemption on IT sector to continue’

PM’s Adviser Salman F Rahman says at BASIS event

4m ago

Apple slashes iPhone prices in China amid fierce Huawei competition

Apple in China is offering discounts of up to 2,300 yuan ($318) on select iPhone models

4m ago

China's fiscal revenue shrank 2.7% in Jan-April amid shaky economic recovery

China's fiscal revenue slipped 2.7 percent in the first four months of 2024 from a year earlier, after a 2.3 percent slide in the January-March period, in a further sign of an uneven economic recovery

4m ago

Saudia Group in 'landmark' deal for 105 Airbus planes

Saudi Arabia's Saudia Group will buy 105 Airbus planes, the company said on Monday, hailing it as the biggest aircraft deal in the country's history

4m ago

Lending through agent banking rises 41%

Agents disbursed Tk 16,482.5 crore loans as of March this year, up from Tk 11,667 crore in March last year

4m ago

ABB clarifies reasons of bank MDs' USA visit

26 managing directors are going on invitation to attend Annual US-Bangladesh Bilateral Banking Dialogue

4m ago

Pricey stocks overlook the world’s troubles

Stock market indices reached record highs on both sides of the Atlantic even amidst geo-political volatility

4m ago

Oil climbs after Iran's president dies, Saudi flags issue with king's health

Oil prices extended gains on Monday amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and Saudi Arabia's crown prince cancelled a trip to Japan, citing issues with the king's health

4m ago

BGMEA seeks extension of EU's Everything but Arms facility

EU ambassador meets BGMEA president in Dhaka

4m ago