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US Tech Stocks Slide on Weak Chip Earnings and AI Growth Concerns

August 30, 2025
Artificial Intelligence

US technology shares fell sharply on Friday as disappointing earnings from a major chipmaker heightened investor worries about slowing growth in the artificial intelligence sector. The Nasdaq Composite dropped 1.2% in early-afternoon

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Trump Orders $4.9bn Cut to Foreign Aid Using Rare Executive Measure

August 30, 2025
United States/World

Former President Donald Trump has directed the cancellation of $4.9 billion in foreign aid spending previously approved by Congress, invoking a little-used legal mechanism in an effort to bypass lawmakers and assert

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Trump’s Bold Claim of ‘Massive Oil Reserves’ in Pakistan Puzzles Industry Experts

August 30, 2025
Pakistan/United States/World

President Donald Trump has touted the existence of “massive oil reserves” in Pakistan, surprising industry experts and officials in the South Asian nation, which imports around 80% of its petroleum supply. The

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BYD Posts Weaker-Than-Expected Earnings Amid China EV Price Controls

August 30, 2025
Business/Electric vehicles

China’s electric vehicle giant BYD reported a sharp drop in second-quarter profits, missing analysts’ forecasts as Beijing’s crackdown on aggressive discounting and long-term supplier payment practices weighed on the company’s margins. The

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The Queen Was a Secret Remainer: How Elizabeth II’s Hidden Views on Brexit

August 30, 2025
Diplomacy

For decades, Queen Elizabeth II cultivated an image of quiet impartiality, her public silence on political matters one of the cornerstones of Britain’s constitutional monarchy. But according to revelations published by The

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Sweden’s Kiruna Mine Could Help Europe Break Rare Earth Dependence on China

August 30, 2025
Diplomacy

Nearly a mile beneath the frozen Arctic surface, Sweden’s Kiruna mine — the world’s largest iron ore operation — may hold the key to Europe’s technological future. Beyond its canteens serving pea

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‘Gangnam Style’ Star Psy Arrested Over Prescription Drug Allegations

August 29, 2025
Human Rights

K-pop icon Psy, best known for his global smash hit Gangnam Style, has been arrested on suspicion of illegally obtaining prescription medication, according to South Korean authorities. The 47-year-old rapper, whose real

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Sri Lanka: Former President Ranil Wickremesinghe Leaves Hospital

August 29, 2025
Sri Lanka

by Our Correspondent in Colombo Former President Ranil Wickremesinghe was discharged from the Colombo National Hospital this afternoon, following several days of treatment in the Intensive Care Unit (ICU). He had been

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Sri Lankan Government Makes Multiple Arrests of Politicians on Various Charges

August 29, 2025
Sri Lanka

by Our Correspondent in Colombo Sri Lankan authorities have carried out a series of arrests of prominent politicians over various charges, signaling a crackdown on alleged misconduct spanning decades. Former Member of

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South Korea Plans to Triple AI Budget to $7.2 Billion in Push for Technological Leadership

August 29, 2025
Artificial Intelligence

South Korea is planning to triple its artificial intelligence (AI) budget next year to over 10 trillion won ($7.2 billion), as President Lee Jae Myung’s government seeks to accelerate AI adoption across

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LATEST COLUMNS

Ethiopia’s Rebels Unite to Challenge Abiy

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A Friendship That Strengthens the Region

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CIA’s Moscow Mystery: Save Zelensky?

There is very little information on CIA Director Ratcliffe’s visit

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Welcome Home Stalin

I’ve been all over the world and have seen both

Democracy Under Strain: China’s Subtle Power Play

China today represents not only a strategic challenge to the

Small States Need Rules, Not Rhetoric

The first part of this two-part article was published in

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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