Global Economy
Chinese electric car companies cope with European tariffs
MG, an historic British company that is now a subsidiary of Shanghai SAIC, now faces EU duties of 35.3 percent
Oil prices rise on US storm, fears of Israel-Iran conflict
US President Joe Biden spoke with Israeli Prime Minister Benjamin Netanyahu about Israel's plans concerning Iran in a 30-minute call on Wednesday that the White House described as "direct and very productive"
German govt sees economy shrinking again in 2024
Output is expected to shrink by 0.2 percent in 2024, the economy ministry said in a statement
China opens $71 bn 'swap facility' to boost markets
The news lit a fire under mainland and Hong Kong equities on renewed hopes that officials would finally get a grip on the issues that have dogged the economy for years
The US economy is solid: Why are voters gloomy?
Cooling inflation, low unemployment, robust economic growth and... downbeat voters.
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.
Honda posts record profit, issues cautious forecasts
The company said net profit for the year to March soared 70 percent to 1.1 trillion yen ($7.1 billion) on sales of 20.4 trillion yen, up 20.8 percent from the previous year
700 TEUs of containers miss shipment at Ctg port
However, workers resumed operations today early morning
US to raise tariffs on Chinese electric vehicles: report
The move comes at the end of a long-awaited review of tariffs that were imposed during a trade war between Washington and Beijing
Musk says Tesla charger network will grow, days after layoffs
Elon Musk said Tesla would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs
China consumer prices rise at faster rate in April
China's inflation rate quickened last month, official data showed Saturday, as the government works to boost spending in the world's second-largest economy
US dollar price rises up to Tk 125 in kerb market
Dollar price rose just a day after the introduction of the crawling peg
Apple's iPhone shipments in China rebound with 12% surge in March after price cuts
Apple's iPhone shipments in China increased by 12 percent in March after the company and its retailers reduced prices
‘Bangladesh economy showing resilience’
The first-ever Purchasing Managers' Index shows slower expansion at 62.2 in April
US revokes some licenses for exports to China's Huawei
The United States has revoked some export licenses that allowed companies such as US chip firm Qualcomm to supply Chinese tech giant Huawei