Global Economy

Global Economy

Semiconductor makers have potential to earn $10 billion by 2041: Palak

The state minister for telecom and ICT speaks at DCCI event

1h ago

Bangladesh’s outlook remains bright despite global uncertainty

Says HSBC’s chief economist for Asia

3h ago

Analysis / Biden's new China tariff wall faces leakage via Mexico, Vietnam

The Biden administration's new tariffs on Chinese electric vehicles and other strategic sectors aim to protect the future of US manufacturing, but they will likely accelerate a shift of Chinese production to Mexico, Vietnam and elsewhere to avoid them

8h ago

Argentina: Yearly inflation at almost 300%

The monthly inflation rate rose at 8.8 percent, compared to 11 percent in March

8h ago

Steel prices set to rise in Bangladesh: analysts

The US dollar rate hikes will fuel steel raw material cost, they said at Bangladesh International Trade Summit

1d ago

Uber to buy Foodpanda Taiwan

The US giant aims to complete the all-cash acquisition of Foodpanda Taiwan by the first half of 2025, it said in a statement.

1d ago

US to raise tariffs on $18 billion of China imports including chips

The United States is hiking tariffs on $18 billion worth of imports from China, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the White House said Tuesday

1d ago

Sony net profit dips on-year but beats estimate

On Tuesday, Sony logged a net profit of $6.2 billion for 2023-24

1d ago

IMF endorses Japan's commitment to flexible yen

IMF said Japan's commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability

1d ago

'Significant' China response to US tariffs possible: Yellen

Beijing could possibly issue a "significant" response to US tariffs on Chinese goods, Treasury Secretary Janet Yellen said Monday when asked about the prospect of fresh levies

1d ago

China overtakes US to become India’s top trading partner

China has regained its position as India’s largest trading partner overtaking the US after two years, according to Indian media reports

1d ago

BD-Turkey can be trade gateways between Europe, South & SE Asia

Turkish business leaders discussed bilateral trade potential with FBCCI president

2d ago

Reserves fall below $19 billion, first time in 11 months

$1.63 billion of ACU payment was settled today

2d ago

Deal for country’s second satellite in three months

The satellite, Bangabandhu-2, will be launched in 3 years

2d ago

Renata ships first drug registered in Australia

The contraceptive pill named Levonorgestrel 1.5 mg is known by its brand name of Novella-1

3d ago

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

4d ago

700 TEUs of containers miss shipment at Ctg port

However, workers resumed operations today early morning

4d ago

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

4d ago
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