Editorial Lal Wijenayake’s death removes a voice from the National People’s Power and Sri Lanka’s public life. His significance lies not in the offices he held, but in his refusal to let
The Swiss government has unveiled sweeping financial reforms that could force UBS to boost its capital by up to $18bn — a proposal the bank previously slammed as “extreme” and “excessive.” The
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Within minutes of opening its doors, a farm produce co-operative in the seaside town of Atami, south-west of Tokyo, had sold out of its government-subsidised rice. The queue had begun hours earlier,
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In a revealing interview with the Financial Times, Rafael Grossi, Director-General of the International Atomic Energy Agency (IAEA), offered a rare and personal insight into the escalating global nuclear risks—from Iran’s growing
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A U.S. intelligence employee has been arrested for allegedly attempting to pass classified materials to Germany’s spy agency, in a case that has sent shockwaves through the American intelligence community and cast
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The Reserve Bank of India (RBI) stunned financial markets on Friday by slashing its key interest rate by 50 basis points, double the amount expected by most economists, in a bold move
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The United States has imposed sanctions on four judges of the International Criminal Court (ICC), intensifying its campaign against what it calls “illegitimate and politicized” legal actions targeting America and its allies—particularly
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A once-powerful alliance between Elon Musk and Donald Trump unraveled spectacularly this week, culminating in the Tesla CEO publicly calling for the impeachment of the president in a dramatic social media war
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Editorial On a sultry afternoon, under the cracked sky of a country disfigured by generations of theft and mediocrity, a decades-old Airbus A330-200 took a slow, theatrical descent into Katunayake. It flew
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Sri Lanka’s trade deficit expanded to USD 717.5 million in April 2025, marking a significant year-on-year increase from USD 557.7 million recorded in April 2024, according to the latest data released by
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U.S. President Donald Trump and Chinese President Xi Jinping have agreed to launch a new round of high-level trade talks, marking a tentative step toward easing months of renewed economic tension that
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The European Union is being inundated with ultra-potent cannabis, significantly increasing the risk of psychosis and other mental health disorders, according to a warning from the EU’s drugs monitoring agency. Alexis Goosdeel,
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Procter & Gamble announced plans to eliminate 7,000 jobs globally over the next two years, citing the need to cut costs and restructure its operations as it grapples with sluggish demand and
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Citigroup has cut approximately 3,500 technology jobs in mainland China, marking one of the largest downsizings by a foreign financial institution in the country in recent years. The move is part of
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Indian automakers are bracing for potential production halts as Beijing’s tightened restrictions on rare earth minerals and magnets continue to disrupt crucial supply chains, according to industry insiders cited by Nikkei Asia.
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In a dramatic escalation of political tension, President Donald Trump has signed an executive order directing federal authorities to investigate what he calls a “historic cover-up” of former President Joe Biden’s cognitive
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