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Low inflation should not be feared, says George Osborne

Low inflation should not be feared, says George Osborne

The sharp fall in the UK inflation rate should not be feared, Chancellor George Osborne will say in…


World Bank cuts 2015 forecast for global economy

World Bank cuts 2015 forecast for global economy

Washington: The World Bank, citing stagnation in Europe and Japan and a slowdown in China, downgraded…


CSL’s Atlantic Erie Aground off Quebec CSL’s Atlantic Erie Aground off Quebec

Self-discharging bulk carrier Atlantic Erie, owned by Canada Steamship Lines (CSL), ran aground on Sunday…


US West Coast Ports Facing Complete Gridlock US West Coast Ports Facing Complete Gridlock

The US West Coast port operations are approaching complete gridlock which may result in shutdown of…


U.S. retakes the helm of the global economy U.S. retakes the helm of the global economy

WASHINGTON: The U.S. is back in the driver’s seat of the global economy after 15 years of watching…


UK drug firm Shire to buy US rival in $5.2bn deal UK drug firm Shire to buy US rival in $5.2bn deal

LONDON: UK pharmaceutical company Shire has clinched a deal to buy US biotech firm NPS Pharmaceuticals…


‘Only 45%’ to get full UK state pension ‘Only 45%’ to get full UK state pension

LONDON: Only 45% of new pensioners will be entitled to the full, new, flat-rate state pension in the…


Oil price falls 3% to new six-year low Oil price falls 3% to new six-year low

The price of Brent crude oil has fallen, further taking it to a new six-year low. The price of a barrel…


BB injects BDT 27.36bn, withdraws BDT2.0bn BB injects BDT 27.36bn, withdraws BDT2.0bn

The Bangladesh Bank (BB) injected BDT 27.36 billion in the market providing liquidity support facility…


Fluctuation hits DSE at early hours Fluctuation hits DSE at early hours

Dhaka Stock Exchange (DSE), the country’s main capital market, started trading with positive note…


Surplus GDP of 1.5% in 2015, predicts ADB
Surplus GDP of 1.5% in 2015, predicts ADB

Despite widespread political demonstrations in Bangladesh ahead of national elections in January 2014,…


Index at DSE and CSE drops on Sunday Index at DSE and CSE drops on Sunday

The stock index dropped low on the opening day of the week at both Dhaka Stock Exchange (DSE) and Chittagong…


Risk aversion keeps banks from funding SMEs, say experts Risk aversion keeps banks from funding SMEs, say experts

Commercial banks in the country are still reluctant to finance small and medium enterprises (SMEs) considering…


Warning: Stocks will collapse by 50% Warning: Stocks will collapse by 50%

It is only a matter of time before the stock market plunges by 50% or more, according to several reputable…


Brent crude oil price dips below $50 a barrel Brent crude oil price dips below $50 a barrel

The price of Brent Crude oil has fallen below $50 a barrel for the first time since May 2009. It fell…

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