South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
The Red Sea is a vital waterway for commercial shipping that connects markets in Europe, Asia and Africa. In recent weeks, however, it has been the site of multiple attacks launched by
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Statement by Arsenio Dominguez, Secretary-General, IMO, at Maintenance of International Peace and Security – United Nations Security Council, 9525th meeting Firstly, let me start by reiterating my condemnation of the attacks against international
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Sri Lanka’s agreement with the International Monetary Fund (IMF) will continue for the coming four years irrespective of the government in power, said the central bank governor on Friday. Addressing a press
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On December 26th, three detained executives from Chinese smartphone company Vivo’s India unit appeared in a Delhi court hearing where Indian authorities produced a controversial secret letter related to money laundering allegations.
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Liner shipping could need up to 1.7m teu additional capacity to reroute all their services that normally use the Red Sea route via the Suez Canal following the disruption caused by the
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The Evergreen-operated 20,000 teu boxship Ever Goods is continuing its southbound transit of the Red Sea, while Maersk’s 18,270 teu Mary Maersk appears to have turned around and is heading northbound. Seven
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Bangladesh’s foreign exchange reserves have reached over 20 billion U.S. dollars after loans from two global lenders were credited to the central bank’s account, halting the long-time decline. Md Mezbaul Haque, Bangladesh
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COP 28 was expected to officially conclude in Dubai on 12th December 2023. However, a deadlock persists due to differences of opinion on addressing climate issues. Considerable discussions and wrangling have taken
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The Ceylon Chamber of Commerce appreciates the Board approval of the International Monetary Fund’s (IMF) completion of its first review under the 48-month Extended Fund Facility (EFF) with Sri Lanka. This milestone,
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German carmaker Volkswagen Group has announced that Volkswagen (China) Technology Co., Ltd., the group’s Chinese company and its largest research and development center outside its German headquarters, will launch an electric vehicle
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Taking responsibility and delivering on promises on climate change is a hot topic at the ongoing 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate
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Democracy is incompatible with class-divided economic systems. Masters rule in slavery, lords in feudalism, and employers in capitalism. Whatever forms of government (including representative-electoral) coexist with class-divided economic systems, the hard reality
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On December 3, 2023, a large number of registered voters in Venezuela voted in a referendum over the Essequibo region that is disputed with neighboring Guyana. Nearly all those who voted answered yes to
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Embarking on my first journey with Sri Lankan Air, the three-hour check-in ordeal quickly faded into insignificance as the warm embrace of Sri Lanka welcomed us with open arms. A country often
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Sam Altman’s shock return as chief executive of OpenAI late Tuesday — days after being sacked — caps a chaotic period that highlighted deep tensions at the heart of the Artificial Intelligence
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