Miscellany

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    As trade war rumbles, China steps up opening of financial markets

    Reuters . Shanghai | Updated at 12:05am on September 27, 2018

    The worsening Sino-US trade war has battered China’s stocks and currency this year but that hasn’t stopped foreign investors rushing into the country’s capital markets,...

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    Singapore venture co-led group buys Shohoz stake for $15m

    Staff Correspondent | Updated at 12:05am on September 27, 2018

    Online ride hailing and ticketing platform Shohoz on Wednesday declared that it had raised $15 million from a group of investors, led by Singapore-based Golden...

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    EU launches Asia strategy to rival China’s ‘new Silk Road’

    Agence France-Presse . Brussels | Updated at 12:05am on September 27, 2018

    As doubts grow over China’s vast ‘Belt and Road’ trade infrastructure project, the EU is launching an alternative plan for Asia that it says will...

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    ADB projects 7.5pc GDP growth in FY19

    Staff Correspondent | Updated at 12:05am on September 27, 2018

    Asian Development Bank on Wednesday projected that Bangladesh GDP growth would inch down to 7.5 per cent in the current financial year 2018-2019 from 7.86...

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    MNP service for cell phone users from October 1

    Staff Correspondent | Updated at 12:05am on September 27, 2018

    The mobile number portability (MNP) service will be available for the country’s cell phone customers from the early hours of October 1, said officials of...

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    Bangladesh, India eye ‘comprehensive economic partnership’ deal

    Staff Correspondent | Updated at 12:05am on September 27, 2018

    Bangladesh and India have initiated a move to sign Comprehensive Economic Partnership Agreement (CEPA) to boost bilateral trade keeping national interest of either side intact,...

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    How Trump split Mexico, Canada in NAFTA talks

    Reuters . Mexico City | Updated at 03:11am on September 26, 2018

    A day after winning the Mexican presidential election, Andres Manuel Lopez Obrador took a congratulatory call from US president Donald Trump. But Trump had something...

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    Trade nerves, bond yields and $80 oil buffet stocks

    Reuters . London | Updated at 03:10am on September 26, 2018

    World stocks struggled to make headway on Tuesday after another round of US-China tariffs kicked in and investors’ nerves were frayed by rising expectations of...

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    Full-blown trade war to cost jobs, stability: WTO

    Reuters . Berlin | Updated at 03:08am on September 26, 2018

    A full-blown trade war would have serious effects on global economic growth and there would be no winners of such a scenario, the director-general of...

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    H&M tests new store to get back in vogue

    Reuters . Stockholm | Updated at 03:07am on September 26, 2018

    Step into one of the more than 4,300 H&M budget fashion stores around the world and you often know what to expect: clothes racks crammed...

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