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
MARKET REACTION
The pound struggled at 32-year lows against the dollar in Asia on Monday after reports said British Prime Minister Theresa May
TRADE CONCESSIONS
The European Commission on Wednesday proposed restoring tariff concessions for imports from Sri Lanka after scrapping them
PROTEST CAMPAIGN
Sri Lanka police fired teargas to disperse hundreds of people protesting the launch Saturday of a special industrial
CURRENCY MARKETS
China on Friday hiked the yuan against the dollar in its biggest one-day increase since 2005, after the greenback fell
ECONOMIC POLICY
Beijing has pledged to open up more economic sectors to foreign investment, an official statement said, as foreign chambers
REGIONAL MARKETS
Most Asian markets fell Friday following a retreat on Wall Street and as oil prices weakened on the last trading day before Christmas
FINANCIAL AID
Sri Lanka has secured US$ 1.34 billion in loans from the World Bank to boost the cash-strapped island’s economy over the next
CURRENCY MARKETS
The euro hit a 20-month low Monday and most Asian stocks retreated as a fresh wave of uncertainty hit markets after Italy’s prime minister resigned following a heavy referendum defeat.
REGIONAL MARKETS
Asian stocks turned negative Friday and oil prices retreated along with the dollar as investors took a step back from a recent rally, while caution
ENERGY POLICY
The Public Utilities Commission of Sri Lanka (PUCSL) has introduced a proposal that would exempt electricity consumers who
