Global Economy
UK inflation hits three-year low, fuelling rate-cut hopes
The Consumer Prices Index (CPI) reached 1.7 percent last month, well below the BoE's two-percent target, after hitting 2.2 percent in August, the Office for National Statistics (ONS) said in a statement
China set to post slowest quarterly growth this year: analysts
Officials have in recent weeks unveiled a string of measures to reignite the world's number-two economy and bring an end to years of depressed business activity with an eye to achieving five percent annual growth
World Bank unlocks another $30 bn by tweaking balance sheet
Key among the reforms was the announcement that the IBRD's minimum equity-to-loans ratio will fall to 18 percent from 19 percent, which will generate $30 billion in additional financing
Trump says 'obnoxious' tariffs will bring factories to US
"You make it so high, so horrible, so obnoxious" companies will "come right away," Trump said.
Nobel prize brings global inequality back in focus
The Nobel committee has put the spotlight back on global inequalities. Bestowing its prestigious economics prize on Daron Acemoglu, Simon Johnson and James A Robinson, is a reminder that income disparities among and within nations are just as important as climate change, the AI “revolution” and ageing societies.
EV sales up 30.5% in int’l market
Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5 percent in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday.
Global public debt may exceed $100tn this year: IMF
Global public debt is expected to reach a record $100 trillion this year, the IMF said Tuesday, warning that the fiscal outlook for many countries may be even “worse than expected.”
Excelerate Energy to invest more in Bangladesh’s energy sector
A delegation of the US-based LNG company calls on chief adviser
China's industrial profits post double-digit gains but recovery uneven
China's November industrial profits posted double-digit gains as overall manufacturing improved, although soft demand continued to constrain business growth expectations, emboldening calls for more macro policy support.
Apple files appeal after Biden administration allows US ban on watch imports
Apple on Tuesday appealed a decision to ban imports of its watches based on a complaint from medical monitoring technology company Masimo, after US President Joe Biden's administration declined to veto a government tribunal.
Oil edges up as investors eye Middle East tensions and US rate cut
Oil edged higher on Tuesday, finding support from geopolitical tensions in the Middle East and investor optimism that the US Federal Reserve would soon start cutting interest rates, boosting global economic growth and fuel demand.
Global 2024 staple food supplies to be strained by dry weather, export curbs
Global wheat , corn and soybean prices are headed for losses in 2023 on easing Black Sea bottlenecks and fears of a global recession
Oil little changed as investors eye Middle East tensions, US rate cut
Oil prices were little changed on Tuesday as investors focused on Middle East tensions and US rate cut
India boosts AI in weather forecasts as floods, droughts increase
India is testing artificial intelligence (AI) to build climate models to improve weather forecasting as torrential rains, floods and droughts proliferate across the vast country, a top weather official said.
US inflation decelerating in boost to economy
US prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3 percent, and boosting financial market expectations of an interest rate cut from the Federal Reserve next March.
Sino-Bangla trade to rise after Jan 7 polls: Chinese envoy
27 Chinese and Bangladeshi businesses honoured for contribution to Bangladesh economy
Greenhouse gas emission from farm sector likely to rise
Former BIDS research director M Asaduzzaman says in a paper
