AI challenges fuel trading’s old guard
6 HOUR(s)
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Global Economy
Heavy rain kills 56 in India's Uttar Pradesh state: disaster agency
9 HOUR(s)
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South Asia
US to finalize sharply lower vehicle fuel economy standards
27 September 2026
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Business
US, China buy time with trade truce as pressure builds
27 September 2026
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Global Economy
EU warns of energy price crisis
27 September 2026
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Global Economy
Militant attack kills 11 at security check post in northern Pakistan: police
26 September 2026
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South Asia
Dhaka Chamber seeks Malaysian support to boost exports, investment
26 September 2026
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Business
Talk of US export ban on diesel deepens US crude futures' discount to global benchmark
26 September 2026
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Business
US, China buy time with trade truce as pressure builds
26 September 2026
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Business
H&M operating profit improves but sales still sluggish
25 September 2026
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Global Economy
Excelerate Energy to invest more in Bangladesh’s energy sector
A delegation of the US-based LNG company calls on chief adviser
15 October 2024
Southeast Asia emerges as global data centre hot spot as AI usage rises
With AI-supported innovations such as searches on ChatGPT now requiring at least four to five times more processing capacity compared with traditional internet searches, data centre demand is expected to grow at around 20 per cent a year for the next five to seven years, analysts at Maybank noted in an October report
15 October 2024
A key to Citi's regulatory woes: staff need skills 'enhancement'
Citi’s analysis, a portion of which was seen by Reuters and has not been previously reported, shows the bank has been grappling with a shortage of skilled personnel, finding at times that it did not have the right training and assessment tools to fix its regulatory challenges.
15 October 2024
US Fed 'should proceed with more caution' on rate cuts: official
The US central bank kicked off its rate-cutting cycle last month with a large cut of half a percentage-point, noting the progress made in bringing inflation down toward its long-run target of two percent
15 October 2024
Oil prices drop on easing fears over Middle East, most markets rise
Both main oil contracts dropped around three percent in early exchanges, after the Washington Post reported that Netanyahu had pledged to target Iran's military rather than its crude and nuclear sector
15 October 2024
IMF says global public debt to top $100 trillion, growth may accelerate
Released a week before the IMF and World Bank hold annual meetings in Washington, the Fiscal Monitor said there are good reasons to believe future debt levels could be well higher than currently projected, including a desire to spend more in the US, the world's largest economy.
15 October 2024
UK assets of ex-land minister under NBR scanner
The Central Intelligence Cell (CIC) of the National Board of Revenue (NBR) is looking into allegations of tax evasion and illegal transfer of money abroad, including to the United Kingdom, by former land minister Saifuzzaman Chowdhury.
14 October 2024
Chinese export growth slows sharply
China’s export growth slowed sharply in September while imports remained sluggish, data showed Monday, as authorities wait for recent stimulus measures to perk up weak domestic demand.
14 October 2024
Tariffs, tax cuts, energy: What is in Trump’s economic plan?
Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.
14 October 2024
Garment export to US falls 9.16% in Jan-Aug
Data released from the Office of Textiles and Apparel (OTEXA) showed the fall
14 October 2024
With inflation down, ECB eyes faster tempo of rate cuts
While the rate is expected to tick up again towards the end of the year, the sense that consumer prices are back under control has grown
14 October 2024
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
The world's largest contract chipmaker, whose customers include Apple and Nvidia,has benefited from the surge towards AI.
14 October 2024
Poorest countries face highest debt burden for 18 years: World Bank
"There is much that low-income economies can -— and must -— do for themselves," the World Bank's deputy chief economist, Ayhan Kose, said in a statement
14 October 2024
China’s car sales snap five-month decline on subsidy boost
China’s passenger vehicle sales rose 4.3 percent in September from a year earlier, snapping five months of decline with a boost from a government subsidy to encourage trade-ins as part of a broader stimulus package.
13 October 2024
Vietnam, China sign 10 deals on economic cooperation
Vietnam and China signed 10 agreements on Sunday, including on expanding cross-border railway links, payments and economic cooperation.
13 October 2024
US firms brace for more tariffs as election approaches
From holding back investments to considering moving abroad, businesses in the United States are bracing for more economic turbulence as the presidential campaign kicks into high gear -- with fresh tariffs rolled out and promises of more.
13 October 2024
HSBC cost cuts expose new CEO’s bigger problem
There’s always a case to be made for cost cuts at HSBC. The $160 billion lender employed 214,000 people in June and arguably suffers from duplication across its different bits. Still, new CEO Georges Elhedery has a much bigger job than finding the modest savings that he is reported to be eyeing. Growth is the bank’s key challenge.
13 October 2024
Vietnam, China to expand rail links, cross-border payments
The two sides also signed a memorandum of understanding (MoU) on the implementation of cross-border payment services via QR codes and an agreement to study a model for an "economic cooperation zone" across their border
13 October 2024
Amazon wants to be everything to everyone
Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network
13 October 2024
China consumer prices rise at slower rate in September
The consumer price index (CPI), a key measure of inflation, rose 0.4 percent year-on-year in September, down from the 0.6 percent recorded in August, the National Bureau of Statistics (NBS) said
13 October 2024