Terming Japan as the most trusted partner of Bangladesh Commerce Minister Tofail Ahmed yesterday said the current volume of Bangladesh-Japan trade relationship…

AFP, KARACHI: Pakistan’s central bank Saturday reduced interest rates to a 42-year-low of six per cent, after inflation fell dramatically. The State Bank of Pakistan (SBP) announced it had cut rates to six per cent from 6.5 per cent. Inflation came down to 3.6 per cent in July-August from 8.4…

Key share price indices at the country’s twin bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--witnessed slight gain yesterday,…

AFP, WASHINGTON: The possibility that the US Federal Reserve could raise interest rates for the first time in over nine years this week has injected new levels of anxiety in the global economy. With markets still in turmoil from China’s downturn and sensitive to any added uncertainty, calls from…

AFP, BEIJING: China yesterday unveiled broad reform guidelines for state-owned companies aimed at making them more globally competitive and increasing transparency in a powerful sector of the world’s second-largest economy. The guidelines, issued by the ruling Communist Party and the State Council,…

AFP, LUXEMBOURG: Germany’s powerful finance minister Wolfgang Schaeuble on Saturday sharply criticised an EU proposal to create a common deposit-insurance system for eurozone banks. “We have to make sure not to put the cart before the horse,” the influential minister said on the sidelines…

AFP, SHANGHAI: When Chinese Premier Li Keqiang sought to reassure business leaders that the world’s second-largest economy can avoid a hard landing,…

AFP, NEW DELHI: Three years ago India was the weakling of the emerging markets clan, politically stagnant and struggling to grow—but as gloom engulfs other developing economies, the subcontinent is enjoying a moment in the sun. Brazil and Russia lie deep in recession and South Africa is teetering…

AFP, OSLO: Norway and Sweden are locked in a tug-of-war over dozens of lorries that cross the border each day carrying loads of precious cargo: garbage.…

AFP, TEHRAN: A campaign to boycott “substandard and expensive” Iranian-made cars has fired up social media in the Islamic republic, where…