A customer selects vegetables as an employee changes a price label at a supermarket in Wuhan, Hubei province on Friday. China’s annual inflation rate tumbled in November to 4.2 percent, the lowest level in more than a year, fuelling expectations of further monetary policy easing to combat deterio...

Bangladesh Brand Forum (BBF) and City Bank jointly organised day-long ‘Communica-tion Summit 2011’ at Westin Hotel in Dhaka recently, focusing on the growing importance of communication irrespective of the nature of business.

BEIJING: Chine telecommunications equipment maker Huawei Technologies says it will cut back its business in Iran, where it aids state-run telecom operators, due to the “increasingly complex situation” there. Iran keeps close tabs on its citizens, aided by imported technology, and faces rising ...

India may face its worst financial crisis in decades if it fails to stem a slide in the rupee, leaving the Reserve Bank of India (RBI) with a difficult choice over how to make best use of its limited reserves to maintain the confidence of foreign investors. If the RBI is too timid, it risks ad...

Atiur Rahman, governor of Bangladesh Bank, cuts a cake at the launch of ICBI Easy Pay service -- an electronic fund transfer system -- of ICB Islamic Bank, at a programme in the capital recently. Mamoon Mahmood Shah, managing director of ICB Islamic Bank, was also present.

Mohammad Monjur Alam, mayor of Chittagong City Corporation, inaugurates the Karnaphuli EPZ branch of Mutual Trust Bank in the port city on Wednesday. Anis A Khan, managing director of the bank, was also present.

Mahbubul Alam, managing director of Southeast Bank, opens the 79th branch of the bank at Kotowali in Chittagong recently.

The country's private banks plan to increase services including providing travel card to the holiday-makers to make their journey more comfortable in the winter season. Mercantile Bank has taken a number of initiatives to expand facilities in this regard. Deputy Managing Director of the ban...

Finance Minister AMA Muhith Friday said at a function at Jahangirnagar University (JU) at Savar that the Bangladesh economy on the whole performed in its post-Independence period better than other comparable countries, despite many constraints and "odds" of its polity. Some of improvements in ...

Ratings agency Moody’s downgraded the debt of BNP Paribas , Societe Generale , and Credit Agricole on Friday, citing deteriorating liquidity and funding conditions. Moody’s cut its ratings on the long-term debt of BNP and Credit Agricole by one notch to Aa3, concluding reviews that began in June...