AFP, LONDON:  Oil prices rose yesterday, extending recent bumper gains in line with rising global stock markets, and despite poor Chinese and Japanese economic data, traders said. US benchmark West Texas Intermediate for March delivery climbed 57 cents to $33.01 per barrel from Friday’s closing…

AFP, BRUSSELS: Bosnia yesterday formally submitted an application to join the EU, hoping to catch up with its Balkan neighbours after years lost following the bloody break-up of Yugoslavia. In the early 2000s, Bosnia appeared set to join the now 28-nation European Union but deep divisions between its…

AFP, WARSAW: Poland’s controversial bid to convert foreign currency mortgages, mostly in Swiss Francs, into the local zloty currency, could “hurt” the Polish banking sector, a global ratings agency warned Monday. Moody’s said the move by Poland’s new right-wing government…

AFP, BANGKOK: Thailand’s economic growth accelerated in 2015, official figures showed yesterday, after the junta boosted spending to pump up an economy that has wilted amid years of political turmoil. High household debt, weakening exports, slumping foreign investment and low consumer confidence…

 AFP, TOKYO:  Japan's economy contracted in the last quarter of 2015, official data showed yesterday, dealing another blow to Prime Minister…

AFP,  BEIJING:  Chinese trade slumped in January, authorities said  yesterday, as both exports and imports tumbled with feeble domestic…

AFP, SINGAPORE:  Southeast Asian airlines are likely to see “thin” profits for some time to come as competition from budget carriers…

Stock market eased up yesterday amid consolidation when investors showed moderate activities at the later part of the day, increasing the daily transaction at the country’s twin bourses, reports BSS. The broader index at Dhaka Stock Exchange (DSE) inched up to 4585.04, but it ended in red at Chittagong…

To showcase the latest technologies in building construction and power and electrical appliances, a three day-long international building construction technology and power sourcing expo is going to be kicked off in February 18 at International Convention City Bashundhara in the city. During a press…

AFP, LONDON:  Europe’s largest bank HSBC said Sunday it would remain headquartered in Britain, rejecting a move to Hong Kong despite concerns about increased regulation in the UK and a possible split from the EU. The Hongkong and Shanghai Banking Corpora-tion said London’s many advantages…

Six new Nobin Udyokta businesses were launched yesterday at the 185th Social Business Design Lab organised by Yunus Centre at the Grameen Bank Auditorium, in the capital. The Design Lab was chaired by Nobel Laureate Professor Muhammad Yunus. Six new Nobin Udyokta business plans were presented at yesterday’s…

AFP, LONDON:  European stock markets rallied sharply yesterday building on Asian gains after Shanghai avoided a sharp selloff on its return from…

AFP, BRUSSELS: Thousands of European steelmakers descended on the EU capital Brussels yesterday demanding that officials do more to stop the flood of cheap imports from China. Police said about 5,200 representatives from Europe’s struggling steel industry circled the EU’s Berlaymont headquarters…

AFP, TOKYO:  Toyota said yesterday it had resumed operations at all vehicle assembly and parts plants in Japan after its longest domestic production suspension since the March 2011 earthquake and tsunami. The world’s top automaker said earlier this month that it would temporarily stop all…

AFP, TOKYO:  The yen eased against its major counterparts in Asia yesterday, as a contraction in Japan’s economy during the final quarter of 2015 sparked talk of another recession. The world’s number three economy shrank 0.4 per cent in the October-December quarter—an annualised…

The EU's top economic affairs official said Monday that companies should pay taxes where they earn profits, days after a report of another firm using aggressive strategies to lower their bill, reports AFP from  Toulouse, France. When asked about a report that the world's top furniture company…

Peru's economy beat international forecasts and defied the slump in commodities that has dragged down regional neighbors to post annual growth of 3.26 percent in 2015, officials said yesterday, reports AFP The figure exceeded the 2.39 percent growth recorded in 2014, the National Statistics Institute…