Oil prices fell on Thursday as investors assessed the risk of supply disruptions following attacks on ships in the Strait of Hormuz and considered the outlook for global crude supplies outlined in
Twenty-four staff members from NDB Bank actively participated in a volunteer initiative at the Anawilundawa Wetland Sanctuary, a critical Ramsar site in Sri Lanka, as part of ongoing mangrove conservation efforts. The
More
Elon Musk’s satellite broadband venture, Starlink, has begun security tests in India, one of the final steps before the company can start offering commercial services in the world’s most populous country, people
More
Binance co-founder Changpeng Zhao has received a presidential pardon from Donald Trump after serving time in prison for failing to safeguard the world’s largest cryptocurrency exchange against money laundering, people familiar with
More
Singapore’s private home prices rose for a fourth consecutive quarter, signaling sustained demand for new units and suggesting the property boom in the city-state is likely to continue, according to final figures
More
The family office of Qatar’s former ruler, Sheikh Hamad bin Khalifa Al Thani, is ramping up hiring to build a multistrategy investment team, joining a global trend of super-rich families expanding their
More
The Ukrainian government is rapidly depleting its financial reserves amid its ongoing conflict with Russia and could run out of money by April, according to a report by the Spanish newspaper El
More
Sri Lanka and Israel have taken significant steps to deepen bilateral cooperation in the gem and jewellery industry through a new international trade initiative jointly organized by the Sri Lankan Embassy, the
More
South Korea and the United States are prioritizing the design and structure of Seoul’s $350 billion investment pledge over the idea of a currency swap, Finance Minister Koo Yun Cheol said in
More
Chee Hong Tat, Deputy Chairman of the Monetary Authority of Singapore (MAS), said the new initiatives will include government grants to support corporate efforts. Speaking at an event hosted by DBS Group
More
The cyberattack that crippled Jaguar Land Rover (JLR) has cost the United Kingdom an estimated £1.9 billion, in what experts are calling the most economically damaging cyber event the country has ever
More
The United States and Qatar have issued a joint warning to the European Union, claiming that new climate and human rights regulations could jeopardize trade, investment, and energy security across the bloc.
More
The Russian Embassy in Colombo issued a strongly worded press release on October 20 warning that any attempt by the European Union to redirect frozen Russian sovereign assets held in Europe would
More
The US Army is turning to private equity firms, including industry giants Apollo, Carlyle, KKR, and Cerberus, to help fund a massive $150bn infrastructure overhaul. At a forum held last Monday, Army
More
Coca-Cola Hellenic Bottling Company (CCH), one of the largest bottlers in the Coca-Cola system, has reached a $3.4bn deal to acquire a 75% stake in Coca-Cola Beverages Africa (CCBA), marking a significant
More
A series of corporate bond blow-ups in Brazil has raised alarms about the stability of Latin America’s largest economy, with parallels being drawn to recent jitters in the US credit market following
More