MARKET UPDATE
Asian traders headed into the weekend on a nervous note Friday as a pickup in US stocks and positive data were offset by worries about a crisis
REGIONAL MARKETS
Most Asian markets rose Monday with Hong Kong heading for a sixth successive gain as traders brushed off another set of disappointing US economic figures
AIRLINE INDUSTRY
A US equity firm that bid to buy a stake in Sri Lanka’s loss-making national airline has pulled its offer, officials said Saturday as the carrier scrambled for a new partner.
COMMODITY MARKETS
Hong Kong, China | AFP | Friday 5/5/2017 – Energy firms were among the main losers in Asian trade on Friday following a plunge in oil prices fuelled by fresh
GOVERNMENT FINANCE
Sri Lanka will raise US$ 2.5 billion through sovereign bonds and syndicated loans amid delays in securing the latest instalment of an International Monetary Fund (IMF)
CURRENCY MARKETS
The euro surged Monday after moderate Emmanuel Macron won the first round in France’s presidential election and looked set to triumph in the run-off against far-right candidate Marine Le Pen next month
MARKET WATCH
Asian markets built on a Wall Street rally Friday as geopolitical fears gave way to fresh hopes for Donald Trump’s stimulus after his top finance man said
REGIONAL MARKETS
Asian markets sank Friday as the quarter drew to a close with dealers ignoring better-than-expected US economic growth data, while South Africa’s
MONETARY POLICY
Sri Lanka raised its key interest rate by 25 basis points Friday as inflation spiked and foreign reserves fell, compounding problems caused by slowing economic growth.
TRUMP AGENDA
Asian investors moved uneasily Friday as they look to a delayed vote on US healthcare reform whose passage is seen as crucial to the future of Donald Trump’s growth-drive agenda
MARKET UPDATE
Most Asian markets slipped Monday following last week’s broad advances, with the dollar suffering fresh selling pressure after the Federal Reserve
MARITIME PIRACY
Somali pirates on Thursday handed over an oil tanker and eight Sri Lankan hostages captured just days ago, the Oceans Beyond Piracy NGO told
REGIONAL MARKETS
Asian markets mostly rose Monday following last week’s forecast-busting US jobs report but the dollar struggled against most other currencies
PORT INVESTMENT
Cash-strapped Sri Lanka is to scale back a profitable but controversial deal to sell a deep-sea port to a Chinese company after widespread protests
HUMAN RIGHTS
Sri Lankan President Maithripala Sirisena has rejected a fresh appeal from the United Nations to allow international judges to investigate alleged
EXTERNAL TRADE
Japan logged its first trade deficit in five months in January, official data showed Monday, as higher energy prices overwhelmed slower growth in exports
LEGAL BARRIERS
Google’s venture to beam the internet to remote areas of the world via balloon has hit a legal snag in Sri Lanka that could see the project abandoned
REGIONAL MARKETS
Asian markets rose Monday as investors tracked a record on Wall Street fuelled by a better than expected jump in US jobs, while
REGIONAL MARKETS
The dollar tumbled against its major peers in Asia on Monday while regional markets sank in holiday-thinned trade as dealers
STATE BORROWINGS
Sri Lanka Thursday said it was stuck in a “gigantic debt trap” and that paying off foreign loans would hit a record US$ 2.4 billion
