AI challenges fuel trading’s old guard
10 HOUR(s)
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Global Economy
Heavy rain kills 56 in India's Uttar Pradesh state: disaster agency
27 September 2026
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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
US hiring soars past expectations in sign of resilient market
The world's biggest economy added 254,000 jobs last month
5 October 2024
Oil extends gains, jobs report lifts Wall Street
Crude prices rocketed around five percent Thursday when US President Joe Biden said he was "discussing" possible Israeli strikes on Iranian oil sites in retaliation for Tehran's barrage
5 October 2024
US trade chief defends tariff hikes when paired with investment
Tai's comments to AFP come a week after sharp tariff increases on Chinese electric vehicles, EV batteries and solar cells took effect
5 October 2024
Sri Lanka approves controversial foreign debt deal
President Anura Kumara Dissanayake said his government would honour his predecessor's deal
5 October 2024
Bank of England warns of prolonged economic risk
The British economy remains open to financial market shocks amid geopolitical tensions and high levels of public debt in major economies, the Bank of England warned on Wednesday.
3 October 2024
Gulf turmoil will leave ratesetters on edge
Central bankers are probably watching unfolding events in the Middle East through their fingers. Tuesday’s strike by Iran on Israel raises the risk of a robust riposte. One of the dangers facing the global economy is that the conflict makes a mess of ratesetters’ plans to loosen monetary policy.
3 October 2024
Cabinet approves new export policy
The policy targets $110 billion export by FY27
3 October 2024
How is US dockers' strike affecting international trade?
US dockers launched strike action on Tuesday in 36 ports on the East Coast and Gulf of Mexico. Around half of North America's maritime trade passes through those ports
3 October 2024
Climate change, economics muddy West's drive to curb Chinese EVs
The European Parliament is expected to vote Friday on whether to impose hefty tariffs on imported EVs from China -- part of a bid to protect its automotive industry from low-cost, subsidised competition
3 October 2024
Samsung says planning job cuts in some Asian operations
The world's largest memory chipmaker is modifying staffing levels in Southeast Asia, Australia, and New Zealand, a company spokesman told AFP, adding that "the adjustments include job cuts"
3 October 2024
Why oil price yet to ignite on Middle East escalation?
Benchmark oil contract, Brent North Sea crude, has rallied about five dollars this week after Iran's missile attack on Israel -- but remaining around $75 per barrel
3 October 2024
Oil extends rally after Iran attack
Oil prices extended a rally Wednesday after Iran’s missile attack on Israel fanned fears of a Middle East-wide conflict, while the Hong Kong market ploughed on with its China-fuelled surge as developers saw eye-watering gains.
2 October 2024
US factory activity shrinks for sixth month
US manufacturing activity contracted for a sixth straight month in September, according to survey data released Tuesday, with demand remaining weak and new export orders slumping.
2 October 2024
Eurozone inflation falls under 2% for first time since 2021
The eurozone’s annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank’s two-percent target and fuelling expectations of a rate cut.
2 October 2024
Inflation eases in Sep but still above 9%
The consumer price index stood at 9.92%, down from previous month's 10.49%
2 October 2024
Govt to buy two cargoes of LNG from spot market
The first consignment will cost Tk 640.15 crore and the second one Tk 649.59 crore
2 October 2024
AI's next feat will be its descent from the cloud
Google owner Alphabet, Microsoft and Meta Platforms, which owns Instagram and Facebook, are forecast to spend a combined $160 billion in capital expenditures next year,
2 October 2024
Apple accused by US labor board of imposing illegal workplace rules
The complaint accuses Apple of "interfering with, restraining, and coercing employees in the exercise of" their rights under federal labor law
2 October 2024
Stock markets slump, oil jumps on Middle East concerns
US and European stocks turned sharply lower after the strikes, which Iran launched in response to the killings of Tehran-backed militant leaders
2 October 2024
Tariffs risk raising costs for US consumers: IMF chief
"Tariffs are very blunt instruments," Georgieva, managing director of the International Monetary Fund, told CNBC in an interview.
2 October 2024