Signs point to strong US shopping season

Americans shopped with greater gusto at malls and online this holiday season amid a strong labor market and cold winter weather, retail sales experts said Tuesday.
27 December 2017, 18:00 PM

Bangladesh again denied GSP

Bangladesh's trade privilege in US markets has been again denied as President Donald Trump's administration goes on to enforce the trade preference programme's eligibility this week.
27 December 2017, 18:00 PM

Brazil to suspend fish exports to EU

Brazil said it was suspending fish exports to the European Union in response to concerns raised by Brussels' veterinary inspectors.
27 December 2017, 18:00 PM

In Pakistan, questions raised over GE's flagship power turbines

General Electric's flagship gas turbines ran into problems in Pakistan earlier this year, leading to delays and lengthy outages at three newly built power stations, according to several senior Pakistani officials and power executives.
27 December 2017, 18:00 PM

India may borrow extra Rs 500b in 2017/18

India's government is likely to borrow additional 500 billion rupees ($7.79 billion) in 2017/18 fiscal year that ends in March, the finance
27 December 2017, 18:00 PM

Oil remains near 2015 highs on tight market outlook

Oil prices on Wednesday remained near two-and-a-half year highs from the previous session as the market outlook for 2018 is relatively tight, although the gradual resumption of flows through a major North Sea pipeline prevented crude from rising.
27 December 2017, 18:00 PM

India challenges China as world's biggest LPG importer

India is set to surpass China as the biggest importer of liquefied petroleum gas (LPG) this month as a drive to replace wood and animal dung fires for cooking boosts consumption.
27 December 2017, 18:00 PM

China's trade with North Korea edges up in November

China's trade with North Korea edged up to $388 million in November but remained around its lowest levels this year, data showed on Saturday, as tough sanctions continue to slow business with its isolated neighbour.
23 December 2017, 18:00 PM

Ukraine, Russia both claim win in gas dispute

Ukraine and Russia on Friday both claimed victory after arbitration aimed at settling a ferocious dispute over a 2009 energy contract.
23 December 2017, 18:00 PM

Bitcoin falls 30pc, posts worst week since 2013

Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble.
23 December 2017, 18:00 PM

Trump signs tax, govt spending bills into law

US President Donald Trump signed Republicans' massive $1.5 trillion tax overhaul into law on Friday, cementing the biggest legislative victory of his first year in office, and also approved a short-term spending bill that averts a possible government shutdown.
23 December 2017, 18:00 PM

German consumers to start new year in high spirits

German consumers' festive mood will continue into the new year, a closely-watched survey said Friday, as shoppers remain unfazed by a political impasse in Europe's purring top economy.
23 December 2017, 18:00 PM

Energy prices bump key US inflation index up in Nov

Rising prices for energy and other goods nudged a closely watched measure of US inflation a little higher in November, according to new data published Thursday.
23 December 2017, 18:00 PM

Runner eyes more of Nepalese bike market

Runner Automobiles has beefed up its marketing efforts in Nepal in a bid to capture 15 percent of the growing motorcycle market in
19 December 2017, 18:00 PM

Danish robot maker enters Bangladesh

Universal Robots, the leading manufacturer of advanced and lightweight collaborative robotic arms, started its operations in Bangladesh yesterday.
19 December 2017, 18:00 PM

EU car sales rev up despite Brexit and 'dieselgate'

Car sales returned to growth in Europe last month, the latest industry data showed on Thursday, but that Brexit and the so-called dieselgate scandal are making their impacts felt.
16 November 2017, 18:00 PM

Reaching out to Indian consumers with K-beauty

China has for years appeared to be an unchanging target for South Korea’s cosmetics export realm, but for market pioneers, India is the way to go, according to an entrepreneur specialising in Indian business.
15 November 2017, 05:14 AM

Philippine outsourcing industry braces for artificial intelligence

The outsourcing industry in the Philippines, which has dethroned India as the country with the most call centres in the world, is worried that the rise of artificial intelligence (AI) will eat into the $23 billion sector.
9 November 2017, 18:00 PM

China signs $37b deal to buy 300 Boeing planes

China signed an agreement Thursday to buy 300 airplanes from US aerospace giant Boeing valued over $37 billion,
9 November 2017, 18:00 PM

New Zealand says it’s unclear if TPP deal can be reached this week

It is not clear if countries in the Trans Pacific Partnership (TPP) can reach an agreement this week at a meeting of Asia-Pacific leaders to carry forward the trade pact, New Zealand's trade minister said on Thursday.
9 November 2017, 18:00 PM