Big Korean firms to invest in Bangladesh: Kamal

The Korea International Cooperation Agency’s (Koica) president has assured Finance Minister AHM Mustafa Kamal that large Korean companies including Samsung, Hyundai, Daewoo, LG will invest in Bangladesh.
21 January 2019, 18:00 PM

IMF lowers growth forecast for Saudi Arabia, region

The International Monetary Fund on Monday lowered its 2019 economic growth forecast for Saudi Arabia and the region over low oil prices and crude output along with rising geopolitical tensions.
21 January 2019, 18:00 PM

A month into US govt shutdown, the economy blinks first

After four weeks, the partial shutdown of the US government has begun to rattle the world's largest economy, particularly hitting consumer sentiment, a mainstay of growth.
19 January 2019, 18:00 PM

China growth hit slowest pace in decades in 2018

China's economy grew at its slowest pace in almost three decades in 2018, analysts in an AFP poll said, as the government struggles to contain ballooning debt and a bruising trade war with the United States.
19 January 2019, 18:00 PM

US regulators discuss fining Facebook for privacy violations

US regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions.
19 January 2019, 18:00 PM

Testing times from Beijing to Wall Street

If you were surprised by this month's bounce in global stock markets, next week may tell you if you should join in or stay out.
19 January 2019, 18:00 PM

US demands regular review of China trade reform

The United States is pushing for regular reviews of China's progress on pledged trade reforms as a condition for a trade deal - and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two nations.
19 January 2019, 18:00 PM

RBI needs to ensure stability

The head of the Reserve Bank of India (RBI) said on Friday he would take the steps necessary to maintain financial stability in the country and help create favourable conditions for growth.
19 January 2019, 18:00 PM

China, Germany to boost financial sector cooperation

China and Germany on Friday signed a series of agreements to strengthen cooperation in banking and financial sector supervision, as Beijing moves to open up the country's financial markets.
19 January 2019, 18:00 PM

No breakthrough in US-China trade talks

White House economic adviser Larry Kudlow has played down reports of a breakthrough in US-China trade talks, but said progress had been made.
19 January 2019, 18:00 PM

Warm weather slows US industrial output

Unseasonably warm weather in December held down Americans' use of gas and electricity, weighing on US industrial production for the month, the Federal Reserve reported Friday.
19 January 2019, 18:00 PM

Apple ordered to pull part of press release in Qualcomm case

Apple Inc has been ordered by a German court to stop using part of a press release claiming all iPhones would be available in the country through carriers and resellers, a copy of the ruling seen by Reuters showed.
19 January 2019, 18:00 PM

UK retail sales drop in December

British retail sales fell in December as consumers held onto their cash after snapping up discounted Christmas gifts the previous month, official data showed Friday.
19 January 2019, 18:00 PM

Canada ended 2018 with 2pc inflation

Canadians paid 2.0 percent more for goods and services in December than a year earlier, the government statistical agency said Friday.
19 January 2019, 18:00 PM

Japan consumer prices rose sluggish 0.9pc last year

Japanese consumer prices rose a sluggish 0.9 percent last year, according to government data published Friday, as the world's third-largest economy continues its years-long battle to stoke weak inflation.
19 January 2019, 18:00 PM

Job jitters mount as China's factories sputter ahead of Lunar New Year

Wang Zhishen was thrilled when Danish shipper A.P. Moller-Maersk gave him two months' paid leave, relishing the chance to spend time with his wife and daughters in China's remote northwestern Gansu province.
19 January 2019, 18:00 PM

China's record $83b injection heightens worries over ailing economy

China's central bank injected a record $83 billion into the country's financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy.
16 January 2019, 18:00 PM

German business warns of 'chaos'

Leading German business organisations warned Wednesday of a "chaotic" Brexit that would cause massive disruption to trade, after MPs in London overwhelmingly voted to reject an EU withdrawal deal.
16 January 2019, 18:00 PM

British banks soldier on thru’ murky waters

British banks swerved heavy share price losses in early trading on Wednesday, hours after a parliamentary vote on Prime Minister Theresa May's Brexit deal returned the most blistering defeat for a UK government in almost a century.
16 January 2019, 18:00 PM

Pound higher, top stocks retreat

The British pound firmed against the dollar and euro Wednesday, and London stocks dropped, as traders awaited a confidence vote on British Prime Minister Theresa May's government after parliament voted massively against its Brexit deal.
16 January 2019, 18:00 PM