Global Economy

Global Economy

Ratan Tata: Indian mogul who built a global powerhouse

Industrialist Ratan Tata, who has died aged 86, was credited with transforming India’s Tata Group into a globally renowned conglomerate with a portfolio ranging from software to sports cars.

1d ago

China opens $71b ‘swap facility’ to boost markets

China’s central bank boosted support for markets Thursday by opening up tens of billions of dollars in liquidity for firms to buy stocks as part of a raft of measures by Beijing to kickstart the country’s flagging economy.

1d ago

Climate action not a burden, but an opportunity for businesses: energy adviser

Bangladesh Apparel Exchange organised the second edition of Bangladesh Climate Action Forum 2024 today

1d ago

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

1d ago

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"

1d ago

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

1d ago

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

1d ago

The US economy is solid: Why are voters gloomy?

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

2d ago

China consumer prices rise in February for first time in six months

The positive data comes as senior officials meet in Beijing for the annual "Two Sessions" of China's parliament and its top political consultative body, in gatherings that have been dominated by the economy and national security

7m ago

Empowering women through digital financial inclusion

To fully harness the benefits of these digital financial services (DFS) to close gaps in gender equality, policymakers must consider the unique challenges women face in accessing formal financial services. 

7m ago

Asean ambassadors hold meeting with ICC Bangladesh president

The International Chamber of Commerce (ICC) Bangladesh President Mahbubur Rahman urged ambassadors of the Asean Dhaka Committee (ADC) to increase imports from Bangladesh to reduce trade gaps.

7m ago

Korean, foreign investors to get prompt services through OSS platform: Bida

Bida sits with Korea-Bangladesh Chamber of Commerce and Industry

7m ago

China trade surges in first two months of 2024

In January and February combined, exports surged 7.1 percent on-year

7m ago

Rajshahi businesses should reduce reliance on subsidies: NBR chairman

NBR sits with Rajshahi businesses in a pre-budget discussion

7m ago

Can China maintain growth and 'transform' its economy at the same time?

That balancing act likely means Chinese debt must go up to finance investment in high-tech industries, and manage the pace of the property downturn and the restructuring of municipal liabilities

7m ago

WTO panel rules in EU's favour in Malaysia palm oil dispute

The WTO ruling has been three years in the making after Malaysia, the world's second-largest producer of palm oil after Indonesia, initiated the case in 2021

7m ago

India's wheat, rapeseed ravaged by rain just before harvesting

Untimely rainfall and hailstorms have battered winter-sown crops, including wheat, rapeseed, and chickpeas in India's main producing areas

7m ago

China's Huawei and Amazon in patent licencing agreement

Huawei had ended lawsuits brought against Amazon in Germany over patented technology related to wifi and video playback

7m ago