China manufacturing expands for second straight month
China in November saw an uptick in industrial output for the second straight month, government data showed Saturday, an encouraging sign for officials as they battle stagnant activity...
Tags : economy
S&P maintains France economy rating and outlook
Ratings agency S&P on Friday maintained its grade for the French economy saying the outlook was 鈥榮table鈥� despite the European country鈥檚 debt mountain and political troubles...
Economy recovering, but challenges remian: MCCI
Bangladesh鈥檚 economy has been gradually recovering from the recent political instability in the first quarter of the 2024-25 financial year, but, several challenges such as high inflation, reduced export activity, shortfall in revenue collection, diminished job opportunities and sluggish investment climate need to be addressed, said the Metropolitan Chamber of Commerce and Industry, Dhaka...
Urgent economic matters warrant govt priority
THE interim government has been in power for almost three months. If this government stayed only for three months, it would not need to worry about the economy. But it...
S鈥檖ore hikes 2024 outlook after topping Q3 forecasts
Singapore said Friday its聽economy聽grew more than expected in the third quarter and raised its forecast for the year thanks to stronger demand from key trading partners.
China moves to boost foreign trade
China unveiled new measures on Thursday to boost foreign trade, as Beijing battles to turn around a slowing聽economy聽threatened further by the potentially hostile policies of incoming US president Donald Trump...
The wizard of Mar-a-Lago
The economy, immigration, and abortion rights became the main issues that decided the overall outcome of the November 5, 2024, US election. Further analysis of exit poll data showed that the economy dominated the realm. The discontent of the working Latinos and Black males and the loyal MAGA (Make America Great Again) supporters made Trump...
Heavy metals: a policy blind spot
BANGLADESH with its fertile land and abundant water resources has agriculture and aquaculture at the heart of its economy, providing sustenance for its 170 million citizens and livelihood for millions of farmers and fishers. Yet, a silent crisis threatens the vital sectors: heavy metal pollution. This growing threat poses significant risks to public health...
Bangladesh taking steps to root out money laundering: finance adviser
Finance adviser Salehuddin Ahmed on Saturday said that arrangements were being made by the interim government to prevent money laundering in the future...
Immigrants and US economy
DONALD Trump鈥檚 win gives him the chance to shape policies that impact every American. Trump has had a restrictive stance on immigration, focusing on controlling borders and...
China consumer prices rise at slower rate in October
China鈥檚 consumer inflation rate slowed in October, official data showed Saturday, in a sign that demand remains sluggish in the world鈥檚 number two聽economy.
Higher remittance makes聽only difference
The higher inflow of remittance on the back of a slim export growth is the major exception amid deterioration of other major economic indicators during the first quarter of the current financial year...
Nvidia replaces Intel to join Dow Jones Industrial Average
Chip giant Nvidia will join the Dow Jones Industrial Average, the iconic Wall Street index announced Friday, underscoring the importance of artificial intelligence in the US聽economy...
Japan economy under stress after election
Political uncertainty after Japan鈥檚 election shock risks slowing economic reforms, pushing up government spending and even holding up the Bank of Japan鈥檚 exit from its outlier monetary policy, economists said...
Eurozone economy grows faster than expected
The eurozone聽economy聽grew more than expected in the third quarter, official data showed Wednesday,聽thanks to Germany which defied expectations and dodged a recession...
Rational approach includes provincial council polls
THE government is being very rational in its actions whether in dealing with the economy, the travel advisories or the reconciliation process, and is reaping the rewards. Its victory at the local council election in Elpitiya is an indication that its popularity after a month in power is continuing and that it is not confined to president Anura Kumara Dissanayake...
MCCI for taking decisive steps to address economic fallout
The Metropolitan Chamber of Commerce and Industry, Dhaka has laid emphasis on taking some decisive measures to address economic fallout...
Economic situation to determine reforms: dialogue
The head of the committee constituted for preparing the 'White Paper on the State of Bangladesh Economy', Debapriya Bhattacharya, on Saturday said that the economic condition of the country would determine the pace and the extent of the reforms...
China to hold key meeting next month as markets await stimulus details
Chinese leaders will convene a key political meeting early next month, state media reported Friday, as observers watch for more details on a stimulus plan to support the country鈥檚 wavering economy...
Path forward in global climate economy
AS BANGLADESH grapples with the devastating effects of climate change, the need for innovative financial mechanisms to bolster its resilience is more pressing than ever. Despite its relatively low contribution to global greenhouse gas emissions 鈥� accounting for less than 0.5 per cent of the world total 鈥� the country bears a disproportionate burden of...
Denmark to support sustainable growth
Danish ambassador to Bangladesh Christian Brix Moller has said that Denmark was committed to supporting Bangladesh鈥檚 sustainable economic growth, particularly through partnerships in...
Golden Goose through critical lens
In the 1960s, a war-torn nation struggled to recover from the devastating effects of conflict, scaled-down to leftovers of its former self. It began its development journey focusing on labour-intensive manufacturing such as textiles, which eventually opened the door to more advanced industries. Fast forward to 2024 and this country is now one of the world鈥檚...
China consumer prices rise at slower rate in September
China鈥檚 consumer inflation rate slowed in September, official data showed Sunday, in a sign that demand remains fragile in the world鈥檚 number two economy...
China tees up fresh spending to boost ailing economy
China said Saturday it would issue special bonds to help its sputtering economy, signalling a spending spree to bolster banks, shore up the property market and ease local government debt as part of one of its biggest support packages in years...
JPMorgan Chase profits top estimates, bank sees 鈥榬esilient鈥� US economy
JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession...
UK economy rebounds in Aug in boost to new govt
Britain鈥檚 economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.
China opens $71b 鈥榮wap facility鈥� to boost markets
China鈥檚 central bank boosted support for markets Thursday by opening up tens of billions of dollars in liquidity for firms to buy stocks as part of a raft of measures by Beijing to kickstart the country鈥檚 flagging聽economy...
Economy still in contraction despite progress: PMI report
The Bangladesh Purchasing Managers鈥� Index in September increased by 6.2 points from the previous month to 49.7 suggesting that the economy is still in the contraction mode...
Jewellery depicts economy, culture of an era: discussion
Speakers at a seminar on Monday in Dhaka said that jewellery depicted culture, economy and skills of artisans of an era.
NGOs want prevention of corruption
The chief of the committee on the preparation for 鈥榃hite Paper on the State of Bangladesh Economy鈥�, Debapriya Bhattacharya, said on Monday that the non-governmental organisations wanted...