Economy

China’s economic growth weakens amid construction slowdown

Shawdesh DEsk: China’s economic growth sank in the latest quarter as a construction slowdown and official curbs on energy use by factories weighed on the nation’s recovery from the coronavirus

Bitcoin tops $60,000 on US fund approval hopes

Shawdesh Desk: Bitcoin breached the $60,000 mark for the first time since April on growing optimism that American regulators will greenlight the first US futures exchange-traded fund for the cryptocurrency.

IMF forecasts 6.5 percent growth for Bangladesh this fiscal

Shawdesh Desk: The International Monetary Fund (IMF) has forecast that Bangladesh’s gross domestic product (GDP) will grow by 6.5 percent in the current fiscal year 2021-22. The agency made such

ADB raises climate financing target to $100 bln by 2030

Shawdesh desk: The Asian Development Bank (ADB) has announced it is elevating its ambition to deliver climate financing to its developing member countries (DMCs) to $100 billion for the 2019–2030

UK job vacancies reach 20-year high

Shawdesh dEsk: The number of job vacancies in the UK has hit a record high, according to the latest official figures. Vacancies hit 1.1 million between July and September, the

Money laundered by e-commerce firms to be recovered: Murad Hassan

Shawdesh desk: Those who have laundered money through e-commerce platforms will be brought to book and the money laundering will be recovered, said the State Minister for Information and Broadcasting

Price of retail LPG goes up again

Shawdesh desk: Bangladesh Energy Regulatory Commission (BERC) has adjusted LPG prices in local market again on Sunday as global energy prices reached to a record high with a 500 percent

Mukesh Ambani joins $100 billion club among world’s richest Bezos, Musk

Mukesh Ambani, Asia’s richest person, joined Jeff Bezos and Elon Musk in the world’s most exclusive wealth club with a fortune of at least $100 billion. The chairman of India’s