Nvidia may back $250b for OpenAI data centre
REUTERS
9 hour(s) ago Global Economy
Chinese chipmaker CXMT soars 500% on stock debut
AFP, Shanghai
9 hour(s) ago Global Economy
China industrial profits grow, but pace slows
REUTERS, Beijing
9 hour(s) ago Global Economy
Oil prices sink as US-Iran pause fuels fresh Hormuz hopes
AFP, Hong Kong
27 July 2026, 11:59 AM Business
This wave of Trump tariffs is likely here to stay; more are coming
REUTERS, Washington
27 July 2026, 00:00 AM Global Economy
Fed expected to hold rates steady
AFP, Washington
27 July 2026, 00:00 AM Global Economy
India to keep engaging with US on trade deal
REUTERS, Mumbai
27 July 2026, 00:00 AM Global Economy

US firms bullish on China’s industrial transformation

China’s ongoing transformation and upgrade of traditional industries, coupled with the expansion of emerging sectors, will offer manufacturers in the United States vast opportunities for growth and commercial engagement, said executives of US corporations.
17 November 2024, 18:00 PM

Elon Musk's political rise stirs hopes for banks that financed his X purchase

Some of the lenders in the consortium, which included Morgan Stanley and Bank of America, think Musk's emergence as a close aide to Republican President-elect Donald Trump could boost the prospects of X
17 November 2024, 05:27 AM

EU sees eurozone growth ticking up in 2025 but risks loom

The European Commission on Friday predicted economic growth to pick up slightly and inflation to keep falling in the eurozone next year, while warning of growing risks linked to geopolitical tensions.
16 November 2024, 18:00 PM

UK economy slows, hits govt’s growth plans

Britain’s economy grew less than expected in the third quarter, official data showed Friday, dealing a blow to the Labour government that has set its sights on growth expansion.
16 November 2024, 18:00 PM

Strong US data feeds doubts about Fed December rate cut

US central bankers continued to express faith that inflation was coming under control and would allow the central bank to lower its benchmark rate over time from the current 4.5 percent-4.75 percent range,
16 November 2024, 08:44 AM

US industrial production slump stretched in October

Industrial output fell by 0.3 percent in October after declining by a revised 0.5 percent a month earlier, the Fed said in a statement.
16 November 2024, 07:58 AM

US finalizes up to $6.6 bn funding for chip giant TSMC

The Biden administration's announcement comes around two months before President-elect Trump takes office
16 November 2024, 07:55 AM

US consumer inflation rises in October on higher housing costs

US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published Wednesday, complicating the US Federal Reserve’s plans to cut interest rates.
14 November 2024, 18:00 PM

Trump victory signals golden era for crypto industry

Donald Trump’s triumphant return to the White House signals a potential golden era for cryptocurrencies, whose influential backers heavily supported his presidential bid.
14 November 2024, 18:00 PM

Malaysia's Daim Zainuddin, reformist ex-finance minister, dies at 86

The 86-year-old, who was credited with investor-friendly policies and privatisation of state-owned firms under former Prime Minister Mahathir Mohamad, died at a hospital on the outskirts of Kuala Lumpur, the family said in a statement.
14 November 2024, 06:53 AM

Trump victory signals golden era for crypto industry

Trump's impending presidency has spurred an enthusiastic market response, with bitcoin surging more than 25 percent in a week and breaking through the $90,000 mark for the first time
14 November 2024, 05:35 AM

Russia's growth dips as inflation weighs on economy

Growth in the third quarter was 3.1 percent year-on-year, the Rosstat federal statistics agency said, down from a rate of 4.1 percent in the second quarter
14 November 2024, 05:27 AM

India's middle class tightens its belt, squeezed by food inflation

Slowing urban spending over the past three to four months has raised questions about the structural nature of India's long-term economic success
13 November 2024, 09:22 AM

Samsung Electronics shares hit 4-year lows on Trump risks, AI chips

The South Korean tech giant is the worst performing stock among global chipmakers like TSMC and Nvidia this year
13 November 2024, 05:42 AM

Boeing expects post-strike output recovery to take several weeks

In the first 10 months of the year, Boeing said it delivered 305 airplanes, down from 405 in the same period last year
13 November 2024, 05:27 AM

Deal with Japan can boost trade

The signing of an economic partnership agreement (EPA) between Bangladesh and Japan will increase bilateral trade and open a new door of opportunities for the South Asian country, Commerce Adviser Sk Bashir Uddin said yesterday.
12 November 2024, 20:40 PM

Reserves drop below $20b after ACU payment

After remaining above the $20 billion mark for just three days, Bangladesh's foreign currency reserves dropped to $18.46 billion after the country paid its regional import bills on October 9.
12 November 2024, 20:20 PM

Chic Wings (BD) Lingerie to invest $18 million in Bepza Economic Zone

The Sino-Singapore firm will set up a garment manufacturing factory
12 November 2024, 12:09 PM

Boeing reaches settlement to avert civil trial in MAX crash

It originally involved six plaintiffs but until now all but one had settled, according to a source familiar with the case.
12 November 2024, 06:59 AM

BB allows imports of 11 Ramadan commodities on credit

The benefit will remain valid until March 31 next year
11 November 2024, 14:43 PM