Economy
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China’s producer prices fell more than expected in July
Aug 9, 2025China’s producer prices fell more than expected in July, while consumer prices were unchanged, underscoring the impact of sluggish domestic demand and persistent trade uncertainty on consumer and business sentiment. Factory-gate prices have been declining for... -
Bank of England cuts rate after UK economy weakens
Aug 8, 2025In an effort to strengthen the faltering UK economy, the Bank of England lowered its benchmark interest rate by a quarter point to four percent on Thursday. In addition to the anticipated ruling, the BoE predicted... -
Trump hikes India levy over Russian oil as tariff deadline looms
Aug 7, 2025Hours before another round of charges goes into effect, US President Donald Trump opened a new front in his trade conflicts on Wednesday by ordering harsher tariffs on Indian imports in response to New Delhi’s ongoing... -
Iran moves to remove zeros from plunging national currency
Aug 5, 2025In an attempt to streamline financial operations, Iran’s parliament’s economic commission on Sunday resurrected long-delayed plans to remove four zeros from the country’s declining currency. “Today’s meeting of the economic commission approved the name ‘rial’ as... -
Eurozone inflation unchanged at 2% in July
Aug 3, 2025Official data released on Friday revealed that Eurozone inflation was steady in July, defying predictions that increases in consumer prices would slow. According to the EU’s statistics agency, the single currency area’s inflation rate was 2.0... -
Record remittance inflow boosts forex reserves
Jul 8, 2025Bangladesh’s foreign exchange reserves increased from less than US$20 billion in 2024 to over $31 billion by June 2025 after just eleven months of the interim government, demonstrating that the nation is currently experiencing a successful... -
Japan PM says won’t ‘easily compromise’ to Trump on tariffs
Jul 7, 2025Japanese Prime Minister Shigeru Ishiba declared on Sunday that Tokyo would not “easily compromise” in ongoing trade negotiations with Washington, as Japan endeavors to avert President Donald Trump’s threatened tariffs of up to 35 percent on... -
US inflation edges up as Trump renews criticism of Fed chief
Jun 29, 2025The US Federal Reserve’s preferred inflation gauge registered a slight increase on Friday, coinciding with a weakening in consumer spending. This data prompted renewed criticism from President Donald Trump directed at the central bank’s chair for... -
Expatriates send $1.99b in remittances in first 21 days of June
Jun 24, 2025Bangladesh’s economy continues to receive a significant boost from its expatriate workforce, with remittances reaching approximately US$1.99 billion in the first 21 days of June. This strong inflow underscores a remarkable growth trajectory for the current... -
Thai exports rose at their fastest pace for three years in May
Jun 20, 2025Thai exports rose at their fastest pace for three years in May, driven by shipments to the United States, the kingdom’s commerce ministry said on Wednesday, as President Donald Trump’s threatened tariffs loom. Exports climbed 18.4...