Business

The Shanghai Stock Exchange was hit by an “abnormal slowdown” in transactions on Friday, saying it was probing the cause of an issue that sent jitters through investors as they rushed in to pick up stocks...

Poverty in Argentina rose to affect over 52 percent of the population in the first six months of self-declared “anarcho-capitalist” Javier Milei’s presidency, according to official data released Thursday. The report for the first half of...

Hong Kong and Shanghai ploughed on with their China-fuelled rally Friday on hopes that Beijing will press on with new plans to boost the world’s number two economy. A string of announcements this week has seen...

Gold reached record-breaking levels in September, buoyed by a bumper US interest rate cut, fears of rising geopolitical conflict, and an import tax cut in India that has galvanised local demand. India, the world’s second largest...

Shipping, Jute and Textiles Adviser Brig Gen (Retd) Dr. M Sakhawat Hussain today called upon the World Bank (WB) to invest in Bangladesh’s jute and textiles sectors and shipbuilding industry. “Jute and shipbuilding are enormously potential...

Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence, the company announced on Tuesday. “We’re doubling down on bringing more...

Elon Musk, the CEO of Tesla and SpaceX, said in a post on X on Tuesday that his companies were looking for ways to invest in Argentina and support the South American nation. Argentina is the...

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...

Hong Kong and Shanghai stocks rallied Tuesday after China unveiled fresh stimulus measures as the country’s leaders struggle to kickstart growth in the world’s number two economy. After a string of weak data that has fanned...

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...