The country’s apex trade body plans to set up a commercial bank and an insurance company to serve better cottage, micro, small and medium enterprises (CMSMEs), which struggle to secure loans despite being the backbone of the economy.

Edible oil prices have risen for a third time in two months, making it even more difficult for low-income groups to afford the essential cooking ingredient amidst the ongoing coronavirus pandemic.

Diplomats from European Union countries will this week discuss making the transport and buildings sectors pay for their CO2 emissions, according to an internal document seen by Reuters.

Sales of mobile handsets have dropped more than 40 per cent in April compared to the January level after consumers tightened their belt as they see no immediate end to the coronavirus pandemic.

Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors factory.

Canada is pushing on several diplomatic fronts against the US state of Michigan’s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became US president in January, complicating the governments’ efforts to work together to lower carbon emissions.

Asian stocks climbed to six-week highs on Monday amid signs the world economic recovery was still well on track, though rising Covid-19 cases in the region weighed on sentiment, pushing oil prices lower.

The Federal Reserve has promised to help restore the US economy to “maximum employment,” and is pointing to the months just before the coronavirus pandemic as the touchstone for what that might mean.

The German government has raised its growth forecast for this year to 3.5 per cent, compared with the 3 per cent growth it was expecting back in January, a source said, adding that the upward revision was justified by a stronger-than-expected fourth quarter.

In China’s commercial hub Shanghai, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying out a political mandate to provide consumers with a payment alternative to Alipay and WeChat Pay.

Bangladesh Bank yesterday cut the interest rate on refinance funds for pre-shipment credit aiming at helping local exporters continue shipping products amid the coronavirus outbreak.

Runner Automobiles is going to buy land to set up its CNG and LPG-run three-wheeler manufacturing plant near its existing factory in Bhaluka, according to a posting on the Dhaka Stock Exchange (DSE) website.

The stockmarket fell today breaking an eight-day gaining streak, as investors went for booking profits.

Garment factory owners are demanding more stimulus funds from the government to pay three months’ salaries alongside festival allowances to workers.

Stocks of IPDC Finance rose 2.08 per cent to Tk 24.50 yesterday thanks to the higher earnings declaration by the company in the first quarter of the current year.

Stocks have continued to rise for the last eight days of trade due to increased participation of investors despite the coronavirus pandemic.

Home appliance makers and retailers are witnessing better sales than previous year on the back of online shopping, promotional offers and free delivery ahead of Eid-ul-Fitr.

An update to the software powering some billion iPhones around the world kicks in Monday with an enhanced privacy feature critics fear will roil the internet advertising world.

The government has revised down the GDP growth projection to 6.1 per cent for 2020-21, the second revision this fiscal year, reflecting the devastating impacts of the second wave of the coronavirus pandemic on the battered economy.

Reports that the Biden administration will seek to nearly double the capital gains tax hit market sentiment on Friday, distracting investors from positive economic news.