Thu, 28 Oct 2021

DHAKA -- Bangladeshi Commerce Minister Tipu Munshi and his counterpart Australian Minister for Trade, Tourism and Investment, Dan Tehan have signed a framework on trade and investment between the two countries.

The Trade and Investment Framework Arrangement, the first of this kind between Australia and Bangladesh in the last five decades, is expected to provide a platform for institutionalized economic interactions and to open newer opportunities for trade and investment between the two countries, Bangladesh's Ministry of Foreign Affairs said in a statement. (Bangladesh-Australia-Investment framework)

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TOKYO -- Good exports in Japan saw a 26.2-percent expansion in August from the previous year, keeping to recover rapidly from the initial influence of the COVID-19 pandemic last year, government statistics showed Thursday.

A preliminary report by the finance ministry showed that exports gained for the sixth consecutive month to 6.61 trillion yen (60 billion U.S. dollars), thanks to active exports of steel to the European market and semiconductor-producing equipment to some Asian nations. (Japan-Exports)

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HOUSTON -- The U.S. Energy Information Administration (EIA) on Wednesday reported the summary of the country's petroleum data during the week ending Sept. 10.

According to the EIA, U.S. crude oil production averaged 10.1 million barrels per day (b/d) last week, 100,000 b/d more than the previous week and down by 800,000 b/d this time last year. (US-Petroleum Data)

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SEOUL -- South Korean banks' loan delinquency ratio edged up in July amid a record-low policy rate, financial watchdog data showed on Thursday.

The ratio of bank loans, overdue at least one month, came in at 0.27 percent of the total at the end of July, up 0.02 percentage points from the record low of 0.25 percent tallied a month earlier, according to the Financial Supervisory Service. (S. Korea-Loan Delinquency)

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