Rising US interest rates, tanking emerging market currencies and a bitter US-China trade spat could push the world towards its next financial crisis but…

Bangladesh Bank (BB) yesterday signed Master Facility Agreements (MFA) with three commercial banks to enlist them as participating financial institutions (PFI) under the Investment Promotion and Financing Facility II (IPFF II) project, reports BSS. Under the agreements, the three banks – Bank…

Grameenphone yesterday introduced a new number series “013” alongside the existing “017” series, the company said in a press statement. The new number series was unveiled at a ceremony by BTRC’s Director General Brig Gen Mustafa Kamal. Grameenphone’s Deputy CEO and…

When Bangladesh Post Office launched a new money order service in the form of Electronic Money Transfer Services (EMTS) back on March 26, 2010 - the state-run postal department was the pioneer in particular segment of money remittance business, reports UNB. In a gap of just eight years something must…

With just under six months until Brexit day, German business is losing patience with negotiations ahead of a vital deadline, warning ever more stridently…

From tiny one-person cubicles in underground stations to camping tents under towering skyscrapers and even karaoke clubs: in workaholic Japan, salarymen…

For two decades, little besides soldiers, refugees and rebels moved across Ethiopia and Eritrea’s closed border, but today the once-barren no man’s land teems with activity, reports Ethiopia-Ertrea. Horse-drawn carts, buses full of visitors and trucks piled high with bricks and plywood make…

China’s central bank governor Sunday sought to cool the temperature on a brewing trade-and-currency war with the United States, calling for “constructive solutions” as the spat threatens to knock the world economy, reports AFP from Nusa Dua. Speaking on the last day of the IMF-World…

A large number of German companies has announced their participation in the first China International Import Expo (CIIE), to be held in Shanghai from November 5 to 10, aiming to seek new business opportunities, reports Xinhua from Berlin. Lothar Herrmann, CEO of Siemens Greater China, told Xinhua in…

The unemployment rate in Mongolia decreased by 4.6 per cent in the first three quarters of this year, compared with the same period last year, the country’s National Statistical Office (NSO) said Friday, reports Xinhua from Ulan Bator. But the figure was 4.9 percentage points higher month-on-month.…

Saudi stocks dived 7.0 per cent in early trading yesterday as the oil-rich kingdom comes under increasing international pressure over the disappearance of journalist Jamal Khashoggi, reports AFP from Riyadh. The Tadawul All-Shares Index (TASI) quickly lost more than 500 points on the first trading day…

Japan will announce today a sales tax hike in 2019 after repeated delays, reports said yesterday, in an effort to address the nation’s huge public debt, reports AFP from Tokyo. The world’s third-largest economy has one of the highest debt-to-GDP ratios among rich nations. Much of it is held…

The World Bank yesterday announced funding of up to $1 billion for Indonesia after it was rocked by a string of recent disasters including a deadly earthquake-tsunami that killed thousands, reports AFP from Nusa Dua. “The World Bank is making up to $1 billion available to the Indonesian authorities…