Fitch downgrades France鈥檚 credit rating
French politicians sounded the alarm after the Fitch agency downgraded the country鈥檚 credit rating, with the outgoing interior minister on Saturday blaming the move on 鈥榙ecades of fiscal mismanagement鈥�...
Economy
Iraq signs $1b deals with World Bank鈥檚 IFC
Iraq signed on Saturday investment deals worth $1 billion in its energy, agriculture and finance sectors with the World Bank鈥檚 private sector arm, as the country seeks to build on its economic recovery following years of unrest...
Exotic fruit cultivation brings financial windfall
Bangladesh is witnessing a steady expansion in exotic fruit cultivation, with farmers across the country reaping substantial financial benefits and contributing to national nutrition security...
UK economy stalls in July
Britain鈥檚 economy stagnated in July, official data showed Friday, dealing another blow to the Labour government after a turbulent week for prime minister Keir Starmer.
France risks credit downgrade as new PM tackles budget
France on Friday risks a downgrade on its ability to pay back debts, economists said, a move that would further complicate new prime minister Sebastien Lecornu鈥檚 task of drawing up a budget for next year.
Major US indexes notch fresh records on rate cut hopes
Wall Street鈥檚 major indexes hit fresh records Thursday as US inflation and jobless claims data added to conviction that the Federal Reserve would lower interest rates next week.
Farmers reaping benefits of growing vegetables in Rangpur region
Hundreds of farmers in the Rangpur聽agricultural region are benefiting from cultivating vegetables throughout the聽year, improving their livelihoods and fortunes, as well as boosting the rural聽economy.聽
US consumer inflation heats up
US consumer inflation rose last month to its highest level since January, government data showed Thursday, although analysts believe that this is unlikely to deter the central bank from an interest rate cut next week...
Taiwan plans $18b for 鈥榬esilience鈥� to tariffs, China
Taiwan鈥檚 government plans to spend $18 billion on strengthening the island鈥檚 鈥榬esilience鈥�, including helping industries hit by US tariffs and boosting its defences against Chinese threats, the cabinet said Thursday...
Govt net borrowing from bank turns negative
During the first two months in FY26, the government repaid Tk 3,105 crore to Bangladesh Bank while borrowing only Tk 588 crore from commercial banks, leaving net borrowing from the banking system at negative Tk 2,516 crore...
Inefficiency of field-level officials key concern
Businesses voiced strong grievances over harassment, irregularities, and inefficiencies caused by field-level officials of the National Board of Revenue during the Meet the Business event at the NBR headquarters on Wednesday...
ITFC to give loan to buy fertiliser
The government and the International Islamic Trade Finance Corporation, a member of the Islamic Development Bank Group, on Wednesday signed two significant financing agreements in Jeddah to strengthen food security...
China鈥檚 economy under pressure as consumer slump deepens
Consumer prices in China fell last month at their fastest rate in six months, official data showed Wednesday, as leaders struggle to reignite demand in the world鈥檚 second-largest economy...
BB buys record $265m to halt dollar rate fall
Bangladesh Bank on Tuesday purchased record $265 million, highest in a day, in an attempt to halt the fall of the US dollar against the taka...
Prioritising utility of jute products stressed
Textiles, jute and commerce ministries adviser Sk Bashir Uddin has urged the entrepreneurs to give priority to aesthetics and practical utility in order to create opportunities for jute products to enter domestic and international markets...
