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Ultimate goal is to join ASEAN as a full member

BANGKOK, April 4 (UNB): Chief Adviser Professor Muhammad Yunus on Friday sought support from the elite of Thai society for Dhaka's efforts to join the Association of Southeast Asian Nations (ASEAN)."That is where our future is," the Chief Adviser told Thai dignitaries at a breakfast meeting at a hotel in...

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US tariffs a 'significant risk' to world economy

WASHINGTON, April 4 (AFP): IMF chief Kristalina Georgieva on Thursday said new US tariffs "clearly represent a significant risk to the global outlook" and urged Washington to work with its trade partners.The statement was the first from the IMF chief after President Donald Trump's latest worldwide tariff salvo deepened a...

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BD urges Thailand to ease visa procedures

BANGKOK (Thailand), April 4 (UNB): Chief Adviser Professor Muhammad Yunus on Friday urged the Prime Minister of Thailand, Paetongtarn Shinawatra, to ease visa procedures for the Bangladeshi citizens travelling to the South East Asian kingdom.The head of the interim government raised the issue when he met the Thailand Prime Minister...

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Global rout in bank shares intensifies as recession fears mount

TOKYO/LONDON, April 4 (Reuters): Bank shares tanked across the globe on Friday as fears of a recession swept through markets in the wake of US President Donald Trump announcing the highest tariff walls in a century.European banking stocks had tumbled 8% by 1240 GMT and the financials sector was the...

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Oil tumbles 8.0pc as China retaliates with tariffs on US

LONDON, April 4 (Reuters): Oil prices plunged by 8 per cent on Friday, heading for their lowest close since the midst of the coronavirus pandemic in 2021, as China hit back in an escalating global trade war with the US after President Donald Trump's barrage of levies this week.China announced...

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Cocoa, coffee prices slide as Trump tariffs rattle markets

LONDON, April 4 (Reuters): World cocoa, coffee and sugar prices slid again on Friday as markets remained rattled by US president Donald Trump's sweeping 'Liberation Day' tariffs, especially after China retaliated with its own tariffs on US imports.Trump on Wednesday slapped a 10% tariff on most US imports and much...

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