Initial calculations were simple: add up all non-Iranian Gulf crude oil exports, some 12 million to 15 million barrels a day, and you easily have the biggest crisis in history

After hitting a record $5,595 in January, spot gold has fallen 25 percent

Brent crude oil prices fell to their lowest levels since early March as traders grew more confident about an imminent ‌peace agreement between the US and Iran.

The first-ever international agreement on safeguarding digital platform workers in the gig economy was adopted on Friday at the UN’s International Labour Organization.

The seemingly inexorable rise of China’s trade surplus, which hit $1.2 trillion last year, is petrifying policymakers around the world.

Garment exporters have welcomed the proposed national budget for the fiscal year 2026-27

Brent futures settled at $87.33 a barrel, down $3.05, or 3.37 percent

The Decent Work in the Platform Economy Convention is aimed at extending labour protections to hundreds of millions of people worldwide who work through digital platforms

Gold fell over 2 percent ‌to a more than two-month low on Wednesday as fresh fighting in the Middle East dimmed hopes of a resolution to the US-Israeli war with Iran, heightening concerns about inflation and interest rate hikes.

The US trade deficit shrank slightly in April, government data showed Tuesday, with energy exports bolstered by a supply crunch following war in the Middle East.

Saudi Arabia launched its second national carrier Riyadh Air after more than a year of delays on Wednesday, defying the economic turmoil triggered by the Middle East war and strong competition from established Gulf airlines.

Chinese consumer prices remained stable in May, as official data Wednesday showed the impact of soaring energy prices had started to fade, while increased demand for AI-linked tech goods pushed factory gate costs up for a third straight month.

Facebook-parent Meta and Indian conglomerate Reliance Industries on Wednesday announced a deal to develop an AI-enabled data centre in the state of Gujarat, as the US tech giant scales its digital footprint globally.

US consumer inflation likely increased at its fastest pace in three years in May as the Middle East conflict raised prices of energy products, which would provide more ​ammunition for the Federal Reserve to keep interest rates unchanged this year.

20th Bangladesh Denim Expo begins in Dhaka

The World Bank will provide $379 million in loan assistance, along with $25 million in grant support from the Global Financing Facility (GFF)

Worries over the Middle East crisis were also weighing on sentiment and pushing oil prices up

Oil prices fell on Tuesday, ‌erasing most of the previous session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from US President Donald Trump, though both sides warned they could resume hostilities.

A few months ago, India’s economy was humming along nicely. Inflation was benign and growth was steady - the strongest among the world’s leading economies.

Japan will provide Bangladesh a concessional loan of around $312 million to help bolster energy security and economic resilience as the conflict in the Middle East places growing strain on the country’s finances.