Global Economy
Apple slashes iPhone prices in China amid fierce Huawei competition
Apple in China is offering discounts of up to 2,300 yuan ($318) on select iPhone models
China's fiscal revenue shrank 2.7% in Jan-April amid shaky economic recovery
China's fiscal revenue slipped 2.7 percent in the first four months of 2024 from a year earlier, after a 2.3 percent slide in the January-March period, in a further sign of an uneven economic recovery
Saudia Group in 'landmark' deal for 105 Airbus planes
Saudi Arabia's Saudia Group will buy 105 Airbus planes, the company said on Monday, hailing it as the biggest aircraft deal in the country's history
Lending through agent banking rises 41%
Agents disbursed Tk 16,482.5 crore loans as of March this year, up from Tk 11,667 crore in March last year
ABB clarifies reasons of bank MDs' USA visit
26 managing directors are going on invitation to attend Annual US-Bangladesh Bilateral Banking Dialogue
Analysis / Pricey stocks overlook the world’s troubles
Stock market indices reached record highs on both sides of the Atlantic even amidst geo-political volatility
Oil climbs after Iran's president dies, Saudi flags issue with king's health
Oil prices extended gains on Monday amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and Saudi Arabia's crown prince cancelled a trip to Japan, citing issues with the king's health
BGMEA seeks extension of EU's Everything but Arms facility
EU ambassador meets BGMEA president in Dhaka
Russia seizes Deutsche Bank, UniCredit assets
A Russian court has ruled that Deutsche Bank and UniCredit's assets in the country are to be seized, documents showed
China launches anti-dumping probe into imported EU, US chemical
China's commerce ministry on Sunday said it had launched an anti-dumping investigation into imports of an important engineering chemical from the European Union, the United States, Taiwan and Japan.
Musk arrives in Indonesia's Bali for planned Starlink launch
Tycoon Elon Musk arrived on the Indonesian island of Bali on Sunday ahead of the planned launch of SpaceX's Starlink internet service, which the Indonesian government hopes will boost internet penetration and health services in remote parts of the sprawling archipelago
5 banks to seek offshore banking deposits at NY campaign
The leading banks will arrange a dinner for expatriate Bangladeshis at New York LaGuardia Airport Marriott
Saudi crown prince seeks soft power in game hub Japan
Crown Prince Mohammed bin Salman visits Japan next week, where he will hold talks on energy while hunting more opportunities in gaming as he seeks to improve Saudi Arabia's image
Higher US food prices lead to a shift in shopping habits
Consumer inflation data published Thursday showed that food prices rose by 2.2 percent in the 12 months to April -- masking some sharp differences between items.
UAE’s AD Ports Group to invest $1 billion to develop Ctg port
The Chittagong Port Authority signs MoU with the Abu Dhabi-based company
US consumer inflation eases slightly in April, sending stocks higher
The annual consumer price index (CPI) came in at 3.4 percent in April, down 0.1 percentage point from March
Japan economy suffers worse-than-expected contraction of 0.5%
Gross domestic product in the world's number four economy shrank by 0.5 percent against market expectations of a drop of only 0.3 percent
What will be the repercussions of Biden's new China tariffs?
Despite targeting $18 billion in imports across new and already targeted sectors, analysts do not expect a major economic impact, assuming Beijing does not retaliate significantly
