Economy

China’s central bank on Tuesday unveiled a raft of measures to boost the country’s struggling economy, cutting the amount of cash banks must hold in reserve and lowering a key interest rate. China’s economy, the world’s...

The International Monetary Fund is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country’s new government, a spokesman said. Anura Kumara Dissanayake, sworn in Monday as the country’s first leftist...

Due to increased demand for the precious metal due to the possibility of further US interest rate cuts, the price of gold reached a new record high of more than $2,609 on Friday. Two days after...

Wednesday’s decision by an EU court will address Google’s appeal of a 1.49 billion euro ($1.65 billion) fine imposed by the EU, which comes one week after the US tech giant was dealt a painful legal...

Today, the National Economic Council’s (ECNEC) Executive Committee approved four development projects with a combined projected cost of Taka 1,222.14 crore. The decision came at the ECNEC’s second meeting of the current fiscal year (FY25) and...

The Interim Government of Bangladesh has the expressed desire of the Asian Development Bank (ADB) to assist it in implementing necessary structural reforms in the nation. The attention was sparked when Chief Adviser Professor Dr. Muhammad...

The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before...

Sri Lanka’s economic growth slowed, government data showed Sunday, days ahead of the first presidential elections since an unprecedented financial meltdown in 2022. The economy grew at 4.7 percent year-on-year in the second quarter of this...

Serbian President Aleksandar Vucic announced on Friday a “significant increase” in financial aid for ethnic Serbs living in Kosovo. The promise came as Kosovo authorities are moving to dismantle a so-called parallel system of social services...

Chinese retail sales and industrial production growth slowed in August, official data showed on Saturday, as leaders in Beijing seek paths to achieve growth targets despite consumers’ reluctance to spend. More than a year and a...