Indonesian President Prabowo Subianto has sacked finance minister Purbaya Yudhi Sadewa and appointed his deputy, Suahasil Nazara, as his replacement, the president’s office said on Monday, Reuters reported. Suahasil, who has served
Tensions between the United States and China are once again intensifying, just days after a temporary truce in their ongoing trade war was announced in Geneva. Despite agreeing to pause tariffs for
More
NDB Bank is honoured to extend its support towards a deeply humanitarian initiative led by the Sri Lanka Amarapura & Ramanya Samagi Union to aid victims affected by the recent devastating earthquake
More
China will impose a steep 75 percent anti-dumping tariff on imports of polyformaldehyde copolymers from the United States, intensifying ongoing trade friction between the world’s two largest economies, the Ministry of Commerce
More
Delays in export approvals for Chinese rare earth materials have sparked growing concern among global manufacturers, as Beijing’s new licensing regime begins to strain international supply chains for industries ranging from electric
More
In a significant development signaling Beijing’s ongoing recalibration of its foreign reserves strategy, China’s recorded holdings of US Treasuries have dipped below those of the United Kingdom for the first time since
More
by Our Correspondent in Colombo Frustrated investors in the stalled Kelsey Central Park Ja-Ela Housing Project are calling for urgent government action after years of delays and inaction. On March 27, 2025,
More
Hidden “kill switches” embedded in Chinese-made solar power equipment have been discovered in US solar farms, raising fears that Beijing could remotely disrupt critical electricity infrastructure in the event of escalating tensions
More
A disturbing surge in kidnappings targeting cryptocurrency millionaires and their families has raised alarms across France, fueling fears of a ‘Mexicanisation’ of the country’s crime landscape. This wave of abductions, widely reported
More
The brutal assassination of veteran Indian politician Baba Siddique in October 2024 has shaken Mumbai and reignited fears of gangland violence reminiscent of the city’s darker decades. As revealed in a detailed
More
Amid heightened geopolitical tensions with Pakistan, India is witnessing a sweeping wave of economic, travel, and cultural boycotts targeting not only its traditional rival but also countries seen as aligned with Islamabad
More
Moody’s Investors Service has downgraded the United States’ long-held triple-A credit rating, citing persistent concerns over the country’s growing debt burden and rising interest costs. The move marks the first time since
More
The global economy is projected to slow significantly in 2025, with growth expected to drop to just 2.3%, according to the United Nations Conference on Trade and Development (UNCTAD). In its newly
More
Thousands of Chinese workers launched coordinated strikes at BYD-owned electronics factories from March 28 to April 2, in one of the largest recent displays of industrial unrest in China’s manufacturing sector. The
More
Gold prices fell in early Asian trading on Friday and are poised for their steepest weekly loss in six months. A stronger US dollar and waning safe-haven demand, driven by improved US-China
More
Marking a major milestone for China’s maritime and automotive industries, Anji Ansheng, the world’s largest ocean-going car carrier by capacity, embarked on its maiden voyage to Europe on Thursday evening. Departing from
More