by Our Correspondent in Colombo Serious allegations have emerged in Sri Lanka against Hatton National Bank (HNB), a prominent private sector bank, with multiple customers claiming that the institution has been quietly
Goldman Sachs chief executive David Solomon has warned that financial markets are currently driven more by “greed than fear,” reflecting an increasingly optimistic Wall Street atmosphere that has pushed US equities to
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SoftBank Group has overtaken Toyota Motor Corporation to become Japan’s most valuable listed company, marking a symbolic shift in the country’s corporate hierarchy as global demand for artificial intelligence fuels a historic
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A senior official of the Reserve Bank of Australia has delivered a stark assessment of how renewed conflict in the Middle East is reshaping the global inflation landscape and feeding directly into
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A high-stakes referendum in Switzerland is set to decide whether the country should legally cap its population at 10 million, a move that has ignited a fierce national and European debate over
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The global cryptocurrency industry is accelerating efforts to protect itself against a looming technological shift that experts warn could undermine the cryptographic foundations of bitcoin and other digital assets. The concern, highlighted
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Editorial Recent market commentary, including assessments commonly echoed by outlets such as Bloomberg-style currency tracking desks, has described the Sri Lankan rupee as one of the weakest-performing currencies in the region in
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Global markets may look buoyant on the surface, but beneath the rally Jamie Dimon sees something far more volatile taking shape. Speaking at JPMorgan Chase’s Global China Summit in Shanghai with Bloomberg’s
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Aidan and Howard Barclay, heirs to one of Britain’s most prominent business dynasties, have narrowly avoided bankruptcy after a Middle Eastern creditor secured approval for a controversial debt repayment deal, overriding objections
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Global accounting firm EY has agreed to pay more than $140 million to settle a High Court legal dispute with the administrators of NMC Health, the former London-listed healthcare company that collapsed
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EY has withdrawn a research report on loyalty rewards programmes after investigators found that it contained fabricated data, incorrect references, and apparent AI-generated hallucinations. The report had been used by EY consultants
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