Trade & Commerce

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    US-China trade hopes extend equity surge

    Reuters . London | Updated at 12:00am on February 21, 2019

    World stocks hit a four-month high on Wednesday on hopes of progress in trade talks between the United States and China, with a dovish backdrop...

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    DCCI wants banking commission

    Staff Correspondent | Updated at 12:00am on February 21, 2019

    Dhaka Chamber of Commerce and Industry on Wednesday suggested that the government should form an independent banking commission to oversee the operations of banking sector...

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    Amazon’s ‘collaborative’ robots offer peek into the future

    Agence France-Presse .New York | Updated at 12:00am on February 21, 2019

    Hundreds of orange robots zoom and whiz back and forth like miniature bumper cars — but instead of colliding, they’re following a carefully plotted path...

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    In sharp U-turn, monetary policy easing back in play across Asia

    Reuters . Hong Kong | Updated at 12:00am on February 21, 2019

    A slowing global economy and increasing strain on businesses from a year-long Sino-US trade war are tilting central banks from Japan to Australia toward monetary...

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    US debt hits record under Trump

    Agence France-Presse . Washington | Updated at 12:00am on February 21, 2019

    More massive than the US economy, the national debt hit a new record of $22 trillion under president Donald Trump but Republicans who traditionally rail...

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    UK superstores battle to secure stocks as chaotic Brexit looms

    Reuters . London | Updated at 12:00am on February 20, 2019

    Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing on trade...

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    Honda to close UK car plant as Brexit looms

    Reuters . London/Tokyo | Updated at 12:00am on February 20, 2019

    Honda will close its only British car plant in 2021 with the loss of up to 3,500 jobs, a major departure of Japanese investment announced...

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    India exempts small firms from angel tax to promote business

    Reuters . New Delhi | Updated at 12:00am on February 20, 2019

    India eased taxes for some new businesses on Tuesday, bowing to pressure to exempt them from an ‘angel tax’ on funds they have raised, in...

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    WTO’s global merchandise trade indicator hits 9-yr low

    Reuters . Geneva | Updated at 12:00am on February 20, 2019

    A quarterly leading indicator of world merchandise trade slumped to its lowest reading in nine years on Tuesday, which should put policymakers on guard for...

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    Two UAE firms keen to invest in Bangladesh

    Bangladesh Sangbad Sangstha . Abu Dhabi | Updated at 12:00am on February 20, 2019

    Two major UAE companies – Lulu Group International and NMC Group – on Tuesday expressed their keenness to invest in Bangladesh, particularly in the areas...

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