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-- 2019-08-17 12:59:41
Mexican President Andres Manuel Lopez Obrador on Friday endorsed a benchmark interest rate cut in a bid to stimulate the economy. In his daily press conference, the president said cutting the interes...
FE Report 2019-08-17 10:51:42
At least Tk 4.95 billion (495 crore) of six state-owned banks (SoBs) remained stuck against 157,273 cases filed to recover the money from farm loan borrowers, statistics show. Between January 1991 an...
Jasim Uddin Haroon 2019-08-17 10:15:51
All the 59 commercial banks are likely to be allowed to handle "challan" that serves as the biggest instrument of submitting money to the public exchequer. The Finance Division, which has been work...
-- 2019-08-16 12:44:54
The European Central Bank (ECB) shut down one of its websites on Thursday after it was hacked and infected with malicious software. The lender said no market-sensitive data had been compromised durin...
-- 2019-08-16 11:17:36
Japan overtook China to become the largest foreign holder of US Treasuries in June, with its holdings at the highest level in nearly three years, US Treasury Department said on Thursday. Japan's hold...
Syful Islam 2019-08-16 10:46:46
The government is planning to restrict foreign direct investments (FDI) in the tobacco sector so that the supply of the harmful elements can be curtailed, officials said. The draft National Tobacco C...
FHM Humayan Kabir 2019-08-16 10:39:59
The World Bank (WB) has suggested Bangladesh avail new funding opportunity -- 'credit guarantee' -- for financing the country's development projects, officials said. Borrowing money for the credit gu...
Doulot Akter Mala 2019-08-16 10:36:41
Some 150,000 businesses accounting for over 90 per cent risk losing identification numbers for the non-compliance with the revenue board's directive to update their VAT registration information within...
-- 2019-08-15 21:59:48
Expatriate Bangladeshis have sent home an increased amount of money home before the Eid-ul-Azha, taking the figure in the first nine days of August to $716.2 million. Bankers also believe the governm...
Doulot Akter Mala 2019-08-15 10:39:12
The effort to reconcile data of aggregate revenue collection between revenue board and Controller General of Accounts (CGA) faced a blow due to flaws in the accounts system, known as 'iBAS++'. Offici...
-- 2019-08-14 17:28:07
The US assertion that the recent depreciation of the Chinese yuan against the US dollar amounts to currency manipulation is not true, a US scholar has said, reports Xinhua. It would be more correct t...
-- 2019-08-14 10:41:57
The European Commission on Tuesday imposed countervailing duties of 8.0 per cent to 18 percent on imports of subsidised biodiesel from Indonesia. The move aimed to restore a level playing field for E...
-- 2019-08-13 15:58:44
Oil prices fell on Tuesday on lingering concerns over global demand and rising US production, though expectations for major producers to further curtail output offered support, reports Reuters. Brent...
-- 2019-08-13 11:20:55
TOKYO (Reuters) - The yen traded close to a seven-month high against the dollar on Tuesday, as unrest in Hong Kong and gyrations in Argentina’s markets heightened investor risk aversion and fann...
-- 2019-08-13 10:14:02
SINGAPORE (Reuters) - Singapore slashed its full-year economic growth forecast on Tuesday as global conditions were seen worsening and data confirmed the slowest growth rate in a decade amid mounting...
-- 2019-08-13 00:00:00
"There is a lot of fear in the marketplace, people are worried," Jimmy Gindi, a New York-based footware seller said Sunday at the Sands Expo and Convention Center in Las Vegas. There was...
-- 2019-08-12 19:12:25
Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world’s tw...
-- 2019-08-12 17:37:22
COLOMBO, Aug 12: Sri Lanka’s tourism industry, badly hurt by Easter day bombings, is showing signs of gradual recovery, industry executives say, although a national election later this year is l...
-- 2019-08-11 18:46:45
A Tesla electric car caught fire after crashing into a tow truck on a Moscow motorway late on Saturday, reports Reuters. Footage of the incident on state TV channel Rossiya 24 showed the car by the s...
-- 2019-08-11 17:54:33
Bangladesh has taken a plan to set up another pipeline to import LNG from India to feed Sunderban Gas Distribution Company. The pipeline will be install near Satkhira border. The new pipeline will s...
Xinhua 2019-08-11 11:40:23
A wealthier China is a boon to the United States, an economist has said, amid an escalating trade tensions between the two nations that has set the world's nerves on edge. Donald Boudreaux, a senior...
Xinhua 2019-08-10 17:17:12
China's real effective exchange rate (REER) in 2018 is estimated to be at the same level as warranted by fundamentals and desirable policies, the International Monetary Fund (IMF) reiterated on Friday...
Xinhua 2019-08-10 13:02:37
The International Monetary Fund (IMF) on Friday affirmed its view that China's exchange rate is broadly in line with economic fundamentals. Experts said IMF's new report provides further evidence tha...
Siddique Islam 2019-08-10 09:41:31
Bangladesh has initiated a coordinated effort to battle trade-based money laundering, thus mitigating the risks of frauds and forgeries in the banking sector, officials said. Trade-based money launde...
Xinhua 2019-08-09 17:56:21
China's foreign trade of goods rose 4.2 per cent year on year in the first seven months of this year to 17.41 trillion yuan (about 2.49 trillion U.S. dollars), customs data showed Thursday. Exports i...
Xinhua 2019-08-09 17:37:54
China's consumer prices stayed elevated in July, fueled by higher fruit and pork prices, while factory price inflation dropped year on year, showing that overall inflationary pressures remain under co...
-- 2019-08-09 13:52:03
Japanese government data is showing Japan’s economy grew at a better-than-expected 1.8 per cent seasonally adjusted annualised rate during the April-June quarter on healthy consumer spending and...
Reuters 2019-08-09 10:53:41
The recent escalation in the US-China trade war has brought forward the next US recession, according to a majority of economists polled by Reuters who now expect the Federal Reserve to cut rates again...
FE Report 2019-08-08 11:01:29
The government's net borrowing through savings tools was 7.0 per cent more in financial year 2018-19 compared to that of the previous fiscal year (FY). According to data from the state-run Department...
FE Report 2019-08-08 10:05:01
The government has targeted $45.50-billion earnings from merchandise exports in fiscal year (FY) 2019-20, projecting 12.25 per cent growth over that of the last fiscal. It has also set an additional...
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