Miscellany

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    China slashes US LPG imports amid trade war

    Reuters . Singapore | Updated at 12:05am on October 10, 2018

    China has choked back on imports of liquefied petroleum gas (LPG) from the United States, traders and analysts said, turning to the Middle East for...

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    IMF cuts world economic growth forecasts on tariff war

    Reuters . Indonesia | Updated at 12:05am on October 10, 2018

    The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2018 and 2019, saying that the US-China trade war was taking a...

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    India rupee slips to record low of 74.39 against dollar

    Press Trust of India . Mumbai | Updated at 12:05am on October 10, 2018

    The rupee fell 33 paise Tuesday to finish at a fresh lifetime low of 74.39 against the US dollar on high crude oil prices, strengthening...

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    Pakistan rupee plunges in de facto devaluation as IMF talks loom

    Reuters . Islamabad | Updated at 12:05am on October 10, 2018

    The Pakistani rupee plunged about 7 per cent on Tuesday in an apparent central bank devaluation, while the stock market snapped a six-day skid after...

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    Stocks gain as some large caps surge

    Staff Correspondent | Updated at 12:05am on October 10, 2018

    Dhaka stocks increased on Tuesday despite a fall in the share prices of most of the traded scrips as some large-capitalised companies including Square Pharma,...

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    IMF projects Bangladesh GDP growth to fall to 7.1pc

    Staff Correspondent | Updated at 12:05am on October 10, 2018

    International Monetary Fund on Tuesday projected that Bangladesh gross domestic product (GDP) growth would fall to 7.1 per cent in the current fiscal year 2018-2019...

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    Inflation falls to 5.43pc in Sept

    Staff Correspondent | Updated at 12:05am on October 10, 2018

    Point-to-point inflation declined further to 5.43 per cent in September from that of 5.48 per cent in August due mainly to a fall in food...

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    Unexpected drop in German industry output hints at economic slowdown

    Reuters . Berlin | Updated at 12:05am on October 09, 2018

    German industrial output dipped unexpectedly in August for the third time in as many months, data showed on Monday, suggesting Europe’s largest economy lost steam...

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    Rocked by Trump’s sanctions, Iranian oil exports drop further

    Reuters . London | Updated at 12:05am on October 09, 2018

    Iran’s crude exports fell further in the first week of October, according to tanker data and an industry source, taking a major hit from US...

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    Carrefour adopts blockchain to track fresh produce

    Reuters . London | Updated at 12:05am on October 09, 2018

    Europe’s largest retailer Carrefour SA has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores,...

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