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    OECD trims economic outlook

    Reuters . Paris | Updated at 12:05am on September 21, 2018

    Global economic growth has peaked in the face of rising trade frictions and emerging market turbulence, the OECD said on Thursday, as it trimmed its earlier outlook....

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    Japan hit by another cryptocurrency heist, $60m stolen

    Reuters . Tokyo | Updated at 12:05am on September 21, 2018

    Japanese cryptocurrency firm Tech Bureau Corp said about $60 million in digital currencies were stolen from its exchange, highlighting the industry’s vulnerability despite recent efforts by authorities to make it more secure....

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    Govt working to reduce cost of doing business: Tofail

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:05am on September 21, 2018

    Commerce minister Tofail Ahmed on Thursday said that the government was working to reduce further the cost of doing business by slashing source tax and taking other initiatives....

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    FB, Twitter must comply with EU consumer rules or face sanctions

    Reuters . Brussels | Updated at 12:05am on September 21, 2018

    Facebook and Twitter face sanctions unless they comply with European consumer rules by the end of the year, the EU said as its regulators continue to their crackdown on US social media giants over privacy concerns....

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    China urges US to show sincerity, correct behaviour in trade actions

    Reuters . Beijing | Updated at 12:05am on September 21, 2018

    China hopes the United States will show sincerity and take steps to correct its behaviour, its commerce ministry said on Thursday, after both countries slapped new tariffs on each other’s goods this week in an escalating trade war....

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    India rice export prices recover

    Reuters . Bengaluru | Updated at 12:05am on September 21, 2018

    Rice export prices in India recovered this week after demand improved, while rates for the Vietnamese variety eased despite the prospect of orders from typhoon-hit Philippines, as Thai rates were more competitive....

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    Nestle aims to shed skin unit to focus on food, nutrition

    Reuters | Updated at 12:05am on September 21, 2018

    Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul....

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    Norfund to buy MTB stakes, invest Tk 173cr by Dec

    Staff Correspondent | Updated at 12:05am on September 21, 2018

    Norfund-The Norwegian Investment Fund for Developing Countries is expected to complete its investment of Tk 173.23 crore in Mutual Trust Bank, a Bangladeshi private bank, by December this year....

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    Stocks back to red on bank shares’ sell-offs

    Staff Correspondent | Updated at 12:05am on September 21, 2018

    Dhaka stocks dropped on Thursday after gaining in the previous two sessions as investors resumed selling shares, especially financial stocks. DSEX, the key index of the Dhaka Stock Exchange, lost 0.69 per cent, or 38.00 points, to close at 5,467.05 points on Thursday after gaining 61.24 points in the previous two sessions....

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    BB awards 29 top remitters, 8 orgs

    Staff Correspondent | Updated at 12:05am on September 21, 2018

    Bangladesh Bank on Thursday awarded 29 individuals and eight institutions accolades for their highest contribution to the country’s total inward remittance in 2017....

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