Asian shares fell for the sixth straight session on Thursday as oil skidded and safe-haven gold gained, with investor confidence shaken by turmoil in emerging markets and jitters over a potentially severe escalation in the US-China trade war.
Strong action to combat climate change could cumulatively add at least $26 trillion to the world economy by 2030, according to a study on Wednesday which seeks to dispel fears that a shift from fossil fuels will undermine growth. President Donald
Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported. US President Donald Trump in May pulled out of a 2015
Indian software services exporter Wipro Ltd (WIPR.NS) won its biggest-ever contract worth more than $1.5 billion with U.S.-based Alight Solutions LLC for digital services, the company said in a statement on Sunday. Wipro, one of India’s top
China will strictly prevent haphazard investment and low-level redundant development in the automobile industry, an official from the state planning agency said on Saturday. Nian Yong, head of the National Development and Reform Commission’s
Bangladesh and Nepal today agreed to boost cooperation in power sector alongside trade and investment as Prime Minister Sheikh Hasina held talks with her Nepalese counterpart KP Sharma Oli on the sidelines of the 4th BIMSTEC Summit here.
In an ambitious plan to connect the member states of Bimstec, foreign ministers from the seven-nation group identified and agreed on Wednesday to push forward 167 various connectivity-related projects at an estimated cost of $50 billion, reports the
National Board of Revenue (NBR) has collected Taka 2836 crore in July this year under the Large Taxpayer Unit (LTU) of Value Added Tax (VAT) which was Taka 239 crore up from the target as the target was Taka 2597 crore. VAT LTU Commissioner
Asian markets rallied on Monday following a record lead from Wall Street, while the dollar remained under pressure after the head of the Federal Reserve suggested it would not speed up its pace of lifting interest rates. Jerome Powell said the US
A rise in activity in gold options amid geopolitical tensions and a record-long bull market for US equities suggests that investors are betting gold prices have found a floor, traders said. Open interest in Comex gold call options giving the holder
Bangladesh readymade garment (RMG) industry has received huge response from international buyers by participating in a mega exposition in Canada. A total of 17 RMG factories and exporters from Bangladesh participated in the three-day event titled
The board of the electric car maker Tesla says the company will remain public - two weeks after chief executive Elon Musk said he was considering a deal to go private. The plan was cancelled after a board meeting on Thursday, the company said.
The World Bank raised Aus$110 million ($80.9 million) in the first-ever blockchain bond offering following investor demand that exceeded expectations, the global lender announced Thursday. The Washington-based bank, which has embraced blockchain as
President Donald Trump said in an interview aired on Thursday that the US economy would collapse if he were impeached. “I will tell you what, if I ever got impeached, I think the market would crash. I think everybody would be very
The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of the other’s goods. The latest round brings to $50 billion the value of imports subjected to
As the consumption of edible oils continues to grow in the country in pace with population growth and economic development, the import of the commodity also increases gradually and steadily. Because of agriculture land constraint and insufficient
Business economists overwhelmingly worry President Donald Trump's trade wars will harm the US economy, according to a survey released Monday. The Trump administration on Thursday is due to impose its latest round of punitive tariffs on China,
The Islamic Development Bank (IDB) has called all aspiring scientists, technologists and innovators to submit their best sustainable development ideas as part of their newly launched Transformers Roadshow in the city. The deadline for all