Economy

President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa Cook to step down, as he repeatedly criticizes Fed Chair Jerome Powell for not lowering interest rates....

The Bangladesh Bank (BB) today issued a master circular on import transactions, consolidating all existing instructions into a single, comprehensive reference document. This initiative aims to streamline procedures and facilitate trade for businesses in the country....

Ansar-VDP Unnayan Bank has regained strength and turned around after reforming key policies and taking strategic decisions in the last one year since Bangladesh Ansar and VDP Director General Major General Abdul Motaleb Sazzad Mahmud assumed...

China’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...

In 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...

Hours 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...

Official 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...

The 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...

Bangladesh’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, 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...