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Business - Page 4

Comprehensive coverage of Sri Lanka and global business, markets, finance, and economic trends.

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November 6, 2026
Business

Paraguay’s President Resigns Amid Banking Crisis and Protests

Paraguayan President Santiago Peña has resigned after parliament initiated impeachment proceedings against him over alleged irregularities linked to the collapse of Ueno Bank, a financial crisis that has triggered protests and left

Business

External Debt of Developing Countries Reaches Record $9.4 Trillion

External debt owed by low- and middle-income countries rose by 5.5 per cent in 2025 to a record $9.4 trillion, marking the sharpest annual increase since 2021, according to the World Bank’s latest International Debt Report. The increase came as

November 6, 2026

China Seeks US$53.5 Billion from Missouri in Covid-19 Defamation Case

Business/Judiciary

A Chinese court has begun proceedings in a US$53.5 billion defamation case brought by authorities and research institutions against the US state of Missouri

Somali Pirates Hijack Iranian Vessel Carrying 23 Crew Members

Business

Somali pirates have hijacked an Iranian fishing vessel carrying 21 Iranian fishermen and two Somali security guards in waters off the northeastern coast of

Meta shares fall nearly 7% as AI spending pushes free cash flow into negative territory

October 23, 2026
Business

Meta shares fell nearly 7% on Thursday after the social media company reported negative free cash flow for the third quarter and increased the lower end of its expected annual capital expenditure,

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Nvidia chief warns capital shortages threaten Europe’s AI infrastructure expansion

October 23, 2026
Business

Nvidia chief executive Jensen Huang has warned that shortages of capital are holding back the rapid expansion of specialised cloud computing companies, despite soaring demand for the infrastructure needed to support artificial

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Japan Core Inflation Rises to 2.1%, Strengthening Case for Further Rate Hikes

October 23, 2026
Business

Japan’s annual core consumer inflation rose to 2.1% in September, exceeding the Bank of Japan’s 2% target for the first time in nine months and strengthening the case for further interest rate

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Gulf Sovereign Wealth Funds Lead $14.2bn Investment Surge into China

October 22, 2026
Business

Sovereign wealth funds invested $14.2 billion in mainland China and Hong Kong during the first nine months of 2026, nearly 190% more than the $4.9 billion invested throughout 2025, as Middle Eastern

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Bank of Korea Holds Interest Rates at 3% as Inflation and Housing Costs Persist

October 22, 2026
Business

South Korea’s central bank kept its benchmark interest rate unchanged at 3% on Thursday, pausing after two consecutive increases as policymakers assessed persistent inflation, rising housing prices and uncertainty surrounding the global

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India Plans Data Centre Rules as Big Tech Projects Face Water and Power Backlash

October 22, 2026
Business

India is preparing a national data centre policy as public opposition grows to major technology projects backed by US companies, with concerns over electricity, water availability and environmental impact threatening to complicate

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Global Islamic Finance Assets Projected to Exceed $10.5 Trillion by 2030

October 22, 2026
Business

Global Islamic finance industry assets are projected to exceed US$10.5 trillion by 2030, up from US$6.5 trillion in 2025, as Islamic banking expands, sukuk issuance grows and adoption spreads across emerging markets,

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Malaysia’s Economy Grows 5.3% as Export Boom Fuels Debate Over Interest Rate Hike

October 20, 2026
Business

Malaysia’s economy grew 5.3 per cent year on year in the third quarter of 2026, supported by stronger manufacturing activity and a surge in exports, although declining mining output and slower services

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Indonesia’s Oil Import Bill Jumps 40% as Fuel Subsidies Shield Households

October 20, 2026
Business

Indonesia’s oil and gas import bill surged 40.2 per cent year on year to US$25.8 billion in the first seven months of 2026, as higher global energy prices increased pressure on the

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Cambodia’s Scam Crackdown Faces Test Over Alleged Links to Political Elites

October 20, 2026
Business

Cambodia has referred nearly 450 cases involving around 4,000 people to court in just over a year as it seeks to dismantle the country’s online scam industry, but questions remain over whether

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HSBC Chief Says Gulf Can Overcome Iran War Impact as Hormuz Route Faces Long-Term Decline

October 20, 2026
Business

HSBC Group Chief Executive Georges Elhedery said on Tuesday that the Gulf region would recover from the impact of the Iran war through investment in more resilient alternative logistics routes, suggesting that

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Singapore Warns Agricultural Firms Over Haze Links as Shares Fall

October 20, 2026
Business

Shares in several Singapore-listed agricultural companies fell on Tuesday after Senior Minister K Shanmugam warned that businesses potentially linked to fires causing regional haze would not escape responsibility, as Singapore considers legal

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China’s Growth Accelerates to 4.5% as AI-Driven Exports Offset Weak Domestic Demand

October 19, 2026
Business

China’s economy grew faster than expected in the third quarter as strong exports of technology and manufactured goods helped offset weak domestic consumption and a deepening property crisis, highlighting the growing imbalance

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Putin Reportedly Proposes Trump-Xi Summit to Discuss Ukraine War Without Zelenskyy

October 19, 2026
Business

Russian President Vladimir Putin has reportedly proposed a summit with US President Donald Trump and Chinese President Xi Jinping to discuss a deal to end the war in Ukraine, according to a

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India’s Stock Market Falls Nearly 12% as Finance Minister Warns of Capital Flight Risks

October 19, 2026
Business

India’s benchmark stock market indices have fallen nearly 12% since January, despite resilient economic growth, as foreign investors withdraw capital and global investment flows increasingly favour artificial intelligence-related markets, Finance Minister Nirmala

More
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The Sri Lanka Guardian is an online newspaper founded in August 2007 by a group of concerned Sri Lankan citizens including journalists, activists, academics and retired civil servants. Sri Lanka Guardian has registered as an online newspaper in the Government of Sri Lanka. This portal is currently a platform for over seven hundred regular writers from around the world. We are an independent and nonprofit. Email : editor@slguardian.org
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